The word recession is on the tip of everyone’s tongue. Influential investor and philanthropist George Soros is talking about it in Davos. The Federal Reserve, on the day minutes are published, is cons...
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AT&T’s Dividend Cut Puts It in an Unenviable Club
A company cutting its dividend after a spinoff is uncommon, but not unprecedented. The longer-term outcomes can vary markedly. AT&T (ticker: T) joined this club on Tuesday, when it said it expects...