Bonds from Verizon and AT&T fell on Friday after SpaceX announced plans to acquire US spectrum, aiming to become a "major mobile carrier." Verizon's 6.05% note due in 2058 widened 22 basis points to 220. This could set a record spread for the security issued in May. AT&T's bonds also weakened, widening by six basis points in lighter trading. Both c
Congressman Jamie Raskin has been ordered to return $304,000 to the federal government that he took from an illegal student loan debt relief program to pay for his daughter's college education at Stanford.
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