U.S. DOJ Approves T-Mobile-Sprint Merger

T-Mobile (TMUS) and Sprint (S) just hit all-time highs. In fact, TMUS just hit $a high of $85.22, as Sprint rallied to a high of $8.06 a share.   All after the U.S. Department of Justice announced it reached an agreement on the $26 billion merger between the...

Dow Drops on Fears of Less Aggressive Federal Reserve

Federal Reserve Chairman Jerome Powell sparked quite a rally when he signaled the central bank was ready to cut rates this month. Now, many are concerned the Fed may be backing off of that promise. “I think they’re concerned that maybe the Fed might be backing off,”...