Stocks surged after President Donald Trump said he will be meeting with his Chinese counterpart, Xi Jinping, at the upcoming G-20 summit.US Marketsread more
In a tweet, Trump said that he and Xi "had a very good telephone conversation," and that "our respective teams will begin talks prior to our meeting."Politicsread more
Trump starts the campaign season in an unusual spot for a president: overseeing a strong economy but facing low approval ratings.Politicsread more
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Trump went after Draghi for opening the door for more monetary stimulus in Europe, which would weaken the euro relative to the dollar.Marketsread more
Shares of Beyond Meat soared 18% in premarket trading Tuesday, surpassing $200 per share.Food & Beverageread more
UBS believes a rate cut from the Federal Reserve would do little to lift the market.Marketsread more
Investors bracing themselves for lower Federal Reserve rates should think about loading up on health care stocks, history shows.Marketsread more
Now that Disney has full control of Hulu, audiences can expect more original programming to appear on the streaming service.Entertainmentread more
Canaccord Genuity's Tony Dwyer warns that If the Fed fails on Wednesday to signal a rate cut, the June rally could hit the skids.Trading Nationread more
Verizon says it will offer unlimited data plans for subscribers, several years after it joined competitors in backing away from bottomless data packages.
In a statement, the company said Sunday that with Verizon Unlimited, cellular users would get unlimited data use on smartphones and tablets, in addition to video streaming, hotspot and calls to Mexico and Canada.The plan, which launches on Monday, will cost $80 for unlimited data, calls and texting or $45 per line for four separate lines carrying the same features.
There was a catch, however: Verizon added that after 22 GB of data usage on any one line, the company might "prioritize usage behind other customers in the event of network congestion." Verizon also said it will maintain its existing data plans for those who didn't want unlimited data.
In 2011, Verizon Wireless ceased offering unlimited plans to new smartphone subscribers, and recently announced that unlimited customers using more than 200 GB of data per month would have to downgrade to limited plans or get disconnected.
The announcement was significant, as carriers have gradually made it costlier for subscribers to use unlimited data plans. Usage has spiked as smartphones and tablets became increasingly ubiquitous, with users moving away from consuming media and web surfing on traditional computers.
AT&T still offers bottomless data but has hiked the cost for grandfathered plans, making it increasingly costly for data junkies. Starting in March, AT&T subscribers using unlimited data plans will pay $40 per month.