Tag: Bloomberg
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Verizon to Buy $1 Billion in Spectrum From US Cellular
(Bloomberg) -- Verizon Communications Inc., the biggest wireless carrier in the US, will buy some of US Cellular Corp.’s spectrum licenses for $1 billion...
China Moves to Support Markets After Data Showing Economy Slowed
(Bloomberg) -- China’s central bank moved to support markets just as data showed the economy expanding the least in six quarters, signaling the government’s...
Bonds Sell Off as Traders Reprice Fed Rate Cuts: Markets Wrap
(Bloomberg) -- A selloff in Treasuries strengthened the dollar and left equities mixed as new signs of economic vigor led traders to trim expectations...
China ETFs Join Cathie Wood’s as Biggest Wealth Destroyers in US
(Bloomberg) — A word of warning for traders who’ve been pouring billions into Chinese-stock ETFs like never before: The strategy is not only prone...
Cable Companies Have Another Cord-Cutting Problem: Broadband
(Bloomberg) -- Cable companies have long contended with consumers who drop their TV bundles for streaming. But Comcast Corp. and Charter Communications Inc. are...