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Hold your tears at T-Mobile’s Sprint pity party

T-Mobile US Inc. is trying to make the case that Sprint Corp. is on its deathbed, and that T-Mobile alone can save it. That’s rich coming from the company that happily helped put Sprint there. It’s also a misleading prognosis for Sprint. A Sprint pity party is one way T-Mobile is defending against a multi-state lawsuit that seeks to prevent ...

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Stock bulls betting on rate cuts are a long way from sure thing

Bloomberg Another rate cut from the Federal Reserve is all but certain. Its impact on the stock market, however, is the topic of frantic debate. In the bear camp are Bank of America Corp and Morgan Stanley, whose strategists warned against relying too much on lower rates to boost stocks. In separate research, they reached the same conclusion after studying ...

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Pound rally to face test of Johnson’s Brexit-deal talks

Bloomberg The pound’s best run against the euro since 2016 will be tested next week as leaders from Britain and the European Union seek to make progress in breaking the Brexit deadlock. Sterling has climbed for five weeks against the common currency, rallying on the slightest hints of Brexit compromise. With British Prime Minister Boris Johnson now scheduled to meet ...

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