The telecommunications giant is joining other companies that are trying to insert themselves between consumers and the growing number of streaming platforms. Read More...
Reuters
Marketmind: “Substantially more evidence”
It’s a U.S.-Sino, one-two punch for Asian markets on Thursday, as they react to Federal Reserve Chair Jerome Powell’s press conference following the last interest rate hike of the year, and digest a raft of top-tier economi c data from China. The Fed raised rates by 50 basis points on Wednesday, as expected, bringing the calendar year total to 425 bps. It was the first meeting in five that the Fed did not hike by 75 bps.