AT&T CEO John Stankey is spinning out media properties—like Warner Bros., HBO Max, and CNN—to focus on building out a super-fast 5G network. Read More
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Move over Bitcoin—SPAC mania has overtaken the markets
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Good morning. U.S. futures are nudging higher ahead of today’s jobless-claims data dump. Why should investors care about something as mundane as jobs? Answer: because the U.S. labor market is a “long way” from healthy, says Fed Chairman Jerome Powell, and that weakness will hamstring the central bank’s monetary policy going forward. But never mind […]