KPN Drops After Cutting Payout to Buy Spectrum

Royal KPN NV, the Dutch phone company partly owned by Carlos Slim’s merica Movil SAB, declined as much as 16 percent after scrapping a dividend to buy frequencies for faster wireless networks.

Is the Fed a Little Bit Behind the Curve?
27:33 - Joe Davis, Vanguard's global chief economist, discusses the possibility of a U.S. recession with Bloomberg's David Gura on "Bloomberg Markets." (Source: Bloomberg)
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