Verizon Closes $20 Billion Frontier Deal, Creating 30-Million-Home Fiber Powerhouse
Verizon completed its $20 billion acquisition of Frontier Communications on January 20, expanding fiber coverage to nearly 30 million homes across 31 states.
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Verizon completed its $20 billion acquisition of Frontier Communications on January 20, expanding fiber coverage to nearly 30 million homes across 31 states.
Office vacancy rates dropped to 18.7%, down 30 basis points since January, while Q3 net absorption hit 14 million square feet—the strongest quarterly performance in four years.
AT&T reports Q4 2025 earnings Wednesday with analysts expecting $0.47 EPS and $31 billion revenue. Fiber subscriber growth remains a bright spot amid wireless market pressures.
Reports that Saudi Arabia is negotiating with Pakistan for Chinese-Pakistani JF-17 fighter jets are raising concerns in Washington about the kingdom's commitment to the F-35 program.
The U.S. personal savings rate has fallen to 3.5%, approaching multi-decade lows as Americans deplete pandemic reserves. Economists warn the consumer-driven economy faces growing risks.
The U.S. dollar tumbles to its lowest level since February 2022 as investors question Fed independence, price in dovish policy shifts, and contemplate potential currency intervention.
Amazon, Microsoft, Google, Meta, and Oracle are projected to spend $600 billion on capital expenditures in 2026, with 75% dedicated to AI infrastructure. It's the largest tech spending cycle in history.
The 10-year Treasury yield fell below 4.22% as investors flee to safety ahead of the Fed's January meeting. Economic slowdown concerns and shutdown risks drive bond buying.
Vanguard recommends shifting from traditional 60/40 to 40/60 portfolio allocation, expecting only 4.5% annual equity returns over the next decade versus 15% historical average.
US consumer spending fell 0.2% in January, the biggest drop since February 2021. Auto sales hit weakest start since 2021 as tariff costs and wage volatility chill growth.
New York's FAIR Business Practices Act—the first major update to state consumer protection laws in 45 years—takes effect February 17, giving AG Tish James powerful new enforcement tools.
American Airlines reports disappointing Q4 results with EPS and revenue missing estimates. Winter Storm Fern and the government shutdown combined to reduce revenue by $475 million.