• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

Why did a $154 billion CEO just endorse stripping most Americans of voting rights—and taking us back to the 19th century?

2

New York City women are making up to $30,000 per month by renting out their closets to strangers

3

A Nobel economist challenged Elon Musk to donate his entire $1T fortune by 2036. Musk's reply: 'I am actually going to do something along these lines'

1

Why did a $154 billion CEO just endorse stripping most Americans of voting rights—and taking us back to the 19th century?

2

New York City women are making up to $30,000 per month by renting out their closets to strangers

3

A Nobel economist challenged Elon Musk to donate his entire $1T fortune by 2036. Musk's reply: 'I am actually going to do something along these lines'
Tech5 things

Bouncing Markets and the Fed’s Latest Minutes–5 Things to Know Today

By
Laura Lorenzetti
Laura Lorenzetti
and
Ian Mount
Ian Mount
Down Arrow Button Icon
By
Laura Lorenzetti
Laura Lorenzetti
and
Ian Mount
Ian Mount
Down Arrow Button Icon
February 17, 2016, 6:12 AM ET
U.S. Federal Reserve Chair Janet Yellen News Conference Following FOMC Meeting
Janet Yellen, chair of the U.S. Federal Reserve, speaks during a news conference following a Federal Open Market Committee (FOMC) meeting in Washington, D.C., U.S., on Thursday, Sept. 17, 2015. Federal Reserve officials left interest rates unchanged, opting to delay an increase amid stubbornly low inflation, an uncertain outlook for global growth and recent financial-market turmoil. Photographer: Andrew Harrer/Bloomberg via Getty ImagesPhotograph by Bloomberg via Getty Images
Add Fortune on Google for similar content.

Hello friends and Fortune readers.

Wall Street stock futures are in buoyant mood this morning in a general “risk-on” move despite mixed messages from individual companies and news of China sending missiles to contested islands in the South China Sea. The dollar is a little firmer against the yen and euro, while crude oil futures have recovered to just under $30/bbl (more below).

Today’s must-read story is by Fortune’s Robert Hackett who looks at how to keep hackers from stealing your tax refund. There’s both a short and long answer to that question.

Here’s what else you need to know.

1. Iran plays hardball in oil output talks

Iran cast doubt over efforts by Saudi Arabia and Russia to end the world oil glut by freezing output at current levels. The Islamic Republic signalled it probably won’t go along with the plan, but rather concentrate on restoring its output level to where it was before it was placed under U.N. sanctions. “When Iran was under sanctions, some countries raised their output and they caused the drop in oil prices,” Reuters quoted Mehdi Asali, Iran’s OPEC envoy, as saying. “How can they expect Iran to cooperate now and pay the price?”

2. Federal Reserve’s latest update.

The Federal Reserve will release the minutes from its previous Federal Open Markets Committee meeting, which was held over Jan. 26-27. The Fed kept interest rates unchanged following that meeting after raising rates for the first time in nearly a decade in December. Recent market turbulence has many wondering if the Fed will still stick with ongoing rate increases this year, as Chair Janet Yellen has said, or if it will maintain hold interest rates steady at the current low level.

3. U.S. housing update.

The Commerce Department releases January’s new home construction numbers at 8:30 a.m. ET in Washington. The numbers are expected to show ongoing improvement in the housing market after purchases of new homes in the U.S. surged to a 10 month high in December. Last year was the best year for housing since 2007.

4. T-Mobile reports.

T-Mobile (TMUS) reveals its fourth quarter results before the market open today. The cell service provider is expected to report higher revenue and earnings compared with the year-ago quarter. Analysts estimate earnings of 15 cents per share on $8.4 billion in sales. T-Mobile’s stock has gotten off to a rough start this year, falling nearly 9%. CEO John Legere has been trying to gain more market share by offering low cost plans to lure customers away from its bigger rivals.

Also reporting today: Priceline Group (PCLN), Marriott International (MAR), and Dr Pepper Snapple Group (DRS).

5. Code/Media conference kicks off.

The Code/Media conference convened by ReCode starts today in Dana Point, Calif. The even brings together some of the most influential leaders in technology and media over two days of interviews, panels, and schmoozing. Speakers this year include FanDuel co-founder and CEO Nigel Eccles, Vice Media CEO Shane Smith, and BuzzFeed Publisher Dao Nguyen.

About the Authors
By Laura Lorenzetti
See full bioRight Arrow Button Icon
By Ian MountMadrid-based Editor
LinkedIn icon

Ian Mount is a Madrid-based editor at Fortune.

See full bioRight Arrow Button Icon
Add Fortune on Google for similar content.

Latest in Tech

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • TikTok icon
  • YouTube icon

Latest in Tech

Instagram cracks down on growing ‘pervert glasses’ problem with Meta Ray-Bans
CybersecurityMeta
Instagram cracks down on growing ‘pervert glasses’ problem with Meta Ray-Bans
By Tatiana SatauaJuly 28, 2026
34 minutes ago
Worker in a full cleanroom suit uses a wafer manufacturing tool.
SuccessCareers
South Korean teens are skipping degrees for semiconductor school—they’re landing six-figure jobs at 17 while their friends regret going to college
By Preston ForeJuly 28, 2026
1 hour ago
The IPO hype cycle returns
MagazineFortune Archives
The IPO hype cycle returns
By Sam ForsdickJuly 28, 2026
2 hours ago
arnault
C-SuiteLVMH
Bernard Arnault is denying a family rift—and any kind of real-life Succession. LVMH earnings tell a stranger story
By Mia OsmonbekovJuly 28, 2026
2 hours ago
A smartphone displaying the logo of The Bank of New York Mellon Corporation (BNY) in front of a BNY brand background.
AICFO Daily
BNY skipped the ‘tokenmaxxing’ craze. Here’s what AI metrics it tracks instead
By Sheryl EstradaJuly 28, 2026
5 hours ago
Greg Brockman on the week two OpenAI AI models went rogue
NewslettersTerm Sheet
Greg Brockman on the week two OpenAI AI models went rogue
By Allie GarfinkleJuly 28, 2026
5 hours ago

Most Popular

Why did a $154 billion CEO just endorse stripping most Americans of voting rights—and taking us back to the 19th century?
C-Suite
Why did a $154 billion CEO just endorse stripping most Americans of voting rights—and taking us back to the 19th century?
By Nick LichtenbergJuly 27, 2026
1 day ago
New York City women are making up to $30,000 per month by renting out their closets to strangers
Retail
New York City women are making up to $30,000 per month by renting out their closets to strangers
By Sarah GlodekJuly 27, 2026
1 day ago
A Nobel economist challenged Elon Musk to donate his entire $1T fortune by 2036. Musk's reply: 'I am actually going to do something along these lines'
Success
A Nobel economist challenged Elon Musk to donate his entire $1T fortune by 2036. Musk's reply: 'I am actually going to do something along these lines'
By Sydney LakeJuly 27, 2026
20 hours ago
The millennial generation is split in 2: an older crowd with boomer-style comfort, a younger set going 'back to the early 1900s'
Real Estate
The millennial generation is split in 2: an older crowd with boomer-style comfort, a younger set going 'back to the early 1900s'
By Nick LichtenbergJuly 25, 2026
3 days ago
Current price of silver as of Monday, July 27, 2026
Personal Finance
Current price of silver as of Monday, July 27, 2026
By Joseph HostetlerJuly 27, 2026
1 day ago
I've been teaching college students for decades. Most of them can no longer finish a book
Commentary
I've been teaching college students for decades. Most of them can no longer finish a book
By Austin SaratJuly 26, 2026
2 days ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.