The yield on the benchmark 10-year Treasury note fell below 2% for the first time since November 2016 on Wednesday — breaching a key psychological level.Bondsread more
The Fed came very close to promising a rate cut Wednesday, and now markets are focused on a possible July rate cut.Market Insiderread more
Markets had expected the central bank to keep its benchmark interest rate steady while setting up a cut at the July meeting.The Fedread more
Powell said policymakers are concerned about some of the recent economic developments and see a growing case for easier policy.The Fedread more
Amazon and Blue Origin founder Jeff Bezos gave more insight into his space company's lunar plans on Wednesday.Technologyread more
As the presidents of U.S. and China near a highly anticipated meeting on trade, the gap in both sides' expectations regarding a deal remains wide.World Politicsread more
Delta warned travelers that a technical problem could delay flights on Wednesday.Airlinesread more
The Fed chief said that despite reports that Trump was looking to demote or fire him, he doesn't plan on leaving anytime soon.The Fedread more
If the Trump administration and Congress fail to reach a spending agreement, the White House will offer to keep the government funded at its current levels for a year, Mnuchin...Politicsread more
With bold and targeted steps, economists say, government can increase opportunity and incomes for many more people in ways that strengthen, not weaken, American capitalism.Politicsread more
Investors need to be cautious because the economy will get hurt the longer the trade war drags on, Jim Cramer says.Mad Money with Jim Cramerread more
"For nine quarters in a row we have over 1 million [customers] added," he said in an interview on CNBC's "Squawk on the Street. " "I'm pretty sure the yellow school bus [Sprint] is in the back."
On Thursday, T-mobile announced that it had added a net 2.1 million customers in the second quarter, up from 1.5 million a year earlier, helped by aggressive offers, and the company said it was adding services in Mexico and Canada.
The company unveiled its "Mobile Without Borders" plan, which extends calling, texting and 4G LTE data services throughout Mexico and Canada for "Simple Choice" customers—those on plans that unbundle equipment costs from service charges—at no extra cost.
The move is aimed at helping T-Mobile compete better with AT&T, the second-largest U.S. wireless carrier, which bought Mexico's No. 3 and No. 4 wireless carriers, Iusacell and Nextel Mexico, this year.
"The whole world of content is going to the Internet, and the Internet is going mobile," Legere said. "Everybody in any piece of that spectrum is going to have to figure out how to get all of their content, media and video to subscribers. I do a piece of that very well."
Legere wouldn't comment on the specifics of talks he is reported to have held with Dish Network CEO Charlie Ergen, but did say:
"I run a wireless company, and that guy is holding a pile of spectrum, am I interested? Yeah. He's also got a dying satellite business that would need to be fixed or moved. He's got some rights to content. I think it's OK. Is it the only thing I could do? No. There is a whole spectrum of partnerships in that array of what can take place."
T-Mobile is scheduled to report second-quarter results on July 30.
—Reuters contributed to this report.