President Donald Trump’s conduct in office has been diminishing the moral capital of the United States for more than two years. The report by special counsel Robert Mueller puts a little of that capital back in the bank. Mueller’s 448-page account is an affirmation that the rule of law still exists in America, despite Trump’s rants and rages against his ...

Bank of America Corp. (BofA) didn’t sugarcoat the path forward for investors when describing its first-quarter results. Yes, the bank generated a record profit, thanks to net interest income (NII) at its consumer unit. But Chief Executive Officer Brian Moynihan and Chief Financial Officer Paul Donofrio didn’t hide the fact that the pace of growth in NII was bound to ...

I hope T-mobile didn’t already order a bunch of magenta T-shirts to hand out to the Sprint team. Their merger may be a no-go. The Justice Department told T-Mobile US Inc. and Sprint Corp. earlier this month that it’s unlikely to approve their deal as it’s currently structured, according to a Wall Street Journal report. It’s especially bad news for ...