AT&T Inc. has exceeded subscriber growth expectations, adding 401,000 postpaid phone subscribers in Q2. The company plans to invest tax savings into its fiber network, signaling strong future growth potential.
The second-quarter earnings season has kicked off with impressive corporate profits driven by consumer strength, but the stock market's muted response raises concerns about investor expectations. Despite a stellar 94.4% earnings beat rate in financials, stocks remain stagnant.
In a surprising move, India's central bank cut its benchmark interest rate to 5.5%, the lowest since August 2022. This decision, driven by softening inflation and lower growth, raises questions about future monetary policy as the economy adapts to global challenges.
Discover the crucial updates in the Federal Open Market Committee's latest statement compared to January. Major changes could impact the financial landscape!