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This major bond ETF is getting ‘hammered’ as investors brace for rate-cut delays
In the bruised bond market, some investors may be tempted by higher yields as questions swirl around when — and...
KB Home board authorizes $1 billion stock buyback, raises dividend by 25%
KB Home’s board has authorized the repurchase of up to $1 billion in shares and raised the company’s quarterly dividend...
Frontier Communications is latest company hit by cyberattack
Frontier’s stock was falling after the disclosure, though the company says the cyber incident is not expected to ‘materially impact’...
Nordstrom confirms it’s looking to go private, with founding family interested in deal
Nordstrom Inc. has formed a special committee of independent directors to explore going private, the company said on Thursday —...
IRA beneficiaries don’t have to take an RMD this year. But here’s why maybe they should.
Beneficiaries of individual retirement accounts don’t have to take required minimum distributions this year — a responsibility that can normally...
3M may be poised to cut its dividend — and break with a 64-year tradition, says analyst
The company is grappling with legal settlements and a slowdown in growth and margins that are making its dividend difficult...