adminDirecTV and Dish have spent years trying to merge. It might finally happen.
Another big media merger could be on the horizon. Satellite TV providers DirecTV (T, TPG) and Dish Network (SATS) are reportedly in advanced merger talks, according to the Wall Street…
Israel Is Cut by Moody’s Again as War Takes Economic Toll
(Bloomberg) — Israel was downgraded for the second time this year by Moody’s Ratings as the economic costs mount from almost 12 months of fighting in Gaza and an escalating…
A federal judge in Texas will hear arguments over Boeing’s plea deal in a 737 Max case
FORT WORTH, Texas (AP) — A federal judge on Friday ordered a hearing next month over Boeing's agreement to plead guilty to conspiracy in connection with the 737 Max jetliner,…
Microsoft to launch delayed Recall feature following security controversy
Microsoft (MSFT) is set to finally release its long-delayed Recall feature for Windows 11. The software option, which the company debuted back in May, saves screenshots of virtually everything you…
Fed-Fueled Bonds on Track for Longest Run of Gains Since 2010
(Bloomberg) — Treasuries are poised for their longest monthly winning streak in 14 years as traders bet on more half-point reductions in interest rates as the Federal Reserve aims for…
Fed’s favored inflation gauge shows cooling price pressures, clearing way for more rate cuts
WASHINGTON (AP) — The Federal Reserve's preferred inflation measure on Friday provided the latest sign that price pressures are easing, a trend that is expected to fuel further Fed interest…
Traders bet on second straight 50 bps Fed rate cut in November
(Reuters) – Traders added slightly to bets the Federal Reserve will deliver a second 50-basis-point interest rate cut in November after a government report Friday showed inflation rose modestly in…
Wall Street fears lower-than-anticipated iPhone demand as shipping times shrink
It’s been a week since Apple’s (AAPL) iPhone 16 lineup went on sale, and Wall Street isn’t happy with the early results. That’s because shipping times for the company’s latest…
Revisions Show US Economy Is Still Flying High
Hard luck for the hard-landers yesterday. Yesterday's GDP report was full of upward revisions: Some of the hard-landers expected GDP to be revised lower after a large gap between GDP…
Fed Governor Lisa Cook Says She ‘Wholeheartedly’ Backed Half-Point Rate Cut
(Bloomberg) — Federal Reserve Governor Lisa Cook said she “wholeheartedly” supported the central bank’s move last week to cut interest rates by a half percentage point, citing a slowing labor…
