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T-Mobile rallies as subscriber gains beat estimates in Q3

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Bloomberg T-Mobile US Inc. rallied after adding more subscribers than Wall Street expected in the third quarter, giving fresh momentum to a company awaiting federal approval for its $26.5 billion acquisition of Sprint Corp. The carrier added 1.08 million monthly subscribers in the third quarter, beating the 844,000 projected. It was the fourth straight quarter to exceed more than 1 ...

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‘US recovery to be longest in history’

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Bloomberg The US economic expansion will stretch into the 2020s and a flattening yield curve is normal and unlikely to invert soon, according to US investment manager Payden & Rygel. The global economy looks on firm footing across the board, with unemployment rates trending lower and inflation rates remaining well behaved, said Brad Boyd, senior vice president at the Los ...

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Can China-US relations step back from the edge?

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China-US relations have deteriorated faster than almost anyone could have expected. The question looms: Are the two countries leaping with their eyes closed into a so-called Thucydides Trap, with war possible between the rising and the established power? The US is driving this process and should reflect carefully whether it’s in Americans’ best interests to continue down this path. China ...

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