finance news

Corrected to include Dominion Energy’s dividend-cut announcement in July. Utility stocks are being left behind as equity indexes have risen to records and bond yields have sunk to all-time lows. But if you are looking for income, you need…

Minneapolis Fed President Neel Kashkari on Friday decried the U.S. financial system as “absurd” because it has needed a central bank bailout twice in less than 20 years. “How can it possibly be this fragile?” Kashkari asked, in a speech to…

Ray Dalio certainly is no radical idealist, but in his frequent writings and media appearances the veteran investor consistently calls for Americans to rewrite their longstanding contract with capitalism so that it is fairer and more…

San Francisco accountant Scott Hoppe had a client who was planning to stretch the sale of founder shares in a tech-sector company over a three-year period. Instead, the client compressed the installment sale into a one-shot transaction this…

The Federal Reserve is expected to signal on Wednesday that its interest-rate policy will remain unchanged and close to zero through the end of 2023. For the first time, the Fed will release its economic projections for 2023. Economists…

Three new names will be added to the S&P 500 index this month, but none of them are Tesla Inc. S&P Dow Jones Indices announced Friday afternoon that it will add three companies to the S&P 500 SPX, -0.81% — Catalent Inc. CTLT,…

Big rallies often come to an ugly end — and that was certainly the case Thursday for tech stocks and other high-flying sectors that have benefited from momentum-driven waves of buying. But that doesn’t mean a full-fledged correction for the…