Fed Kicks In Corporate Bond Buying Spree With AT&T, Comcast, Fox

The Federal Reserve has acquired bonds of 86 companies led by WarnerMedia parent AT&T and including Comcast, Fox Corp. and Activision Blizzard in a first round of corporate debt purchases to buck up financial markets during the coronavirus pandemic.  The move has helped lower interest rates for companies, including big media and entertainment groups, issuing […]