Howard Owens, Founder and Co-CEO at Propagate Content, says that the deal can help Hulu become a global streamer, making it a strong competitor to Apple and Netflix.
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Stocks opened in a positive session as the market is on pace for a 14th straight day of gains that would tie it for the longest winning streak. This follows the Federal Reserve's decision to raise rates.
The Federal Reserve's decision Wednesday to raise its benchmark rate for the 11th time, by a quarter-point, could once again send ripple effects across the economy.