AT&T’s Spinoff Was a Long Time Coming. For Investors, It Was Worth the Wait.

AT&T has officially closed the book on a tumultuous phase of its nearly 150-year history, with its foray into the media business finally over. On April 8, the company officially spun off Warner Bros. and completed the media group’s subsequent merger with Discovery. Investors now have a pair of inexpensive stocks to consider: The leaner AT&T (ticker: T), focused on competing in the U.S. wireless and home broadband markets, and the streaming-centered entertainment company Warner Bros. Discovery (WBD).

Putin’s Ruble Standoff With Europe Risks De Facto Gas Embargo

(Bloomberg) -- The European Union and Russia are at risk of triggering a de facto embargo on Russian gas after the bloc’s lawyers drafted a preliminary finding that the mechanism President Vladimir Putin is demanding for payment in rubles would violate EU sanctions.Most Read from BloombergHousing Market Fever Starts to Break in BoiseBiden Weighing Student Loan Cancellation or Moratorium ExtensionUkraine Update: Mariupol ‘Basically Encircled’ Yet Hasn’t FallenMusk Uses Inverted Smile Emoji on 201

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  Ukraine Update: Zelenskiy Says Talks With Russia Are at Dead End

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  Putin, Saudi Crown Prince Upbeat on OPEC+, Kremlin Says of Call

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Selling Your Stocks in May and Going Away Could Be the Best Strategy This Year

Amid a Greek chorus of bad market news, investors should use seasonality to their advantage and be spectators to the drama this summer. Here’s how to play it.

The U.S. city where property taxes rose the most last year will likely surprise you

Tax assessments haven’t kept pace with rising home prices, which could create headaches for homeowners over the next few years.