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Costco has agreed to a $14 million settlement to resolve a class action lawsuit alleging the warehouse club sent misleading promotional emails to customers in Washington. While the settlement has received preliminary court approval, the details — including how much each eligible customer will receive — are still being worked out.
The promotional emails in question we...
Stocks rallied off their mid-morning lows on Friday on reports that Pakistan is attempting to restart peace talks between the U.S. and Iran. But worries about the impact of rising oil prices and new tariffs on inflation, as well as another round of poorly receive...
Investors tend to view dividends as a general signal of corporate financial quality. The logic is sound: Companies typically don't pledge to pay their shareholders a regular, fixed sum unless they can afford it with plenty of room to spare. So where you find dividends, you'll often find a healthy bottom line.
But that assumption has its limits. As a dividend yield sta...
Each week in our Ask the Editor series, Joy Taylor, The Kiplinger Tax Letter editor, answers questions on topics submitted by readers. This week, she's looking at four tax questions from readers on the taxation of I bonds in various situations. (Get a fre...
Saving for retirement is hard. For many, investing that money may be even harder. Target-date funds have become a nearly $5 trillion industry by largely solving that problem.
The "target date" is the year of an investor's expected retirement (but it could apply to any other long-term savings goal, such as college tuition). The funds have a heavier weighting in stocks...