The US economy faces uncertainty, with AT&T CEO John Stankey citing stress in consumer segments due to rising costs. Goldman Sachs economist Jan Hatzius warns of a “stall speed” economy. JPMorgan CEO Jamie Dimon sees weakening. AT&T’s second quarter impresses with minimal economic softness, outperforming T-Mobile and Verizon. Verizon reports losses in postpaid phone net and increased churn. AT&T gains investor favor, expecting huge tax savings and network investments. AT&T shares rise 30% YTD, surpassing S&P 500.

Read more at Yahoo Finance: There’s stress in some consumer segments