Stock futures rise slightly after S&P 500 notches best week of the year: Live updates – CNBC
Traders work on the floor of the New York Stock Exchange on August 8, 2024. Brendan McDiarmid | Reuters Stock futures were slightly higher in overnight trading Sunday after the S&P 500 posted its best week of 2024 so far. Futures linked to the S&P 500 Up 0.1%, futures Dow Jones Industrial Average It increased […]
CNBC Pans JD Vance’s $5k Child Tax Credit; Neutral on Kamala’s $6k Credit
CNBC ran two articles looking at competing proposals to expand the federal child tax credit, calling Republican J.D. Vance’s $5,000 proposal “challenging” while not criticizing Democrat Kamala Harris’ $6,000 plan. There’s one more thing. It’s four days apart. If you squint your eyes you can see the difference in coverage. https://t.co/9WoXbhzQKc pic.twitter.com/Z2ikvwTYtd — Tim Murtaugh […]
Harris calls for expanded child tax credit of up to $6,000 for families with newborns – CNBC
US Vice President Kamala Harris speaks at an event with US President Joe Biden (not pictured) in Prince George’s County, Maryland, USA, on August 15, 2024. Elisabeth Franz | Reuters Vice President Kamala Harris unveiled an economic plan Friday that includes an expanded child tax credit that would provide a total tax cut of up […]
White House says negotiated prices for Medicare drugs will save U.S. $6 billion, beneficiaries $1.5 billion in first year – CNBC
Activists protest against the high cost of prescription drugs in front of the U.S. Department of Health and Human Services building in Washington, DC on October 6, 2022. Anna Moneymaker | Getty Images The Biden administration will announce prices Thursday for the first 10 prescription drugs that are the subject of landmark negotiations between drug […]
A steady ETF is breaking out during this volatile market environment, according to the charts – CNBC
After the volatile trading of the past few weeks, few major ETFs are back at 52-week highs and showing multiple bullish patterns. But one of them is the iShares Global Infrastructure ETF (IGF). The first question we should ask ourselves is, “Why is IGF showing such strong relative strength while so many other sectors have […]
Reserve Bank of New Zealand cuts cash rate by 25 basis points – CNBC
A security guard stands at the main entrance of the Reserve Bank of New Zealand in downtown Wellington, New Zealand on July 3, 2017. David Gray | Reuters The Reserve Bank of New Zealand cut its benchmark interest rate by 25 basis points to 5.25% on Wednesday. The move surprised economists polled by Reuters, who […]
Wednesday's big stock stories: What’s likely to move the market in the next trading session – CNBC
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, USA, May 8, 2024. Brendan McDiarmid | Reuters Stocks @ Night is a daily newsletter sent out after hours, bringing you the latest on what’s on the horizon for tomorrow and what’s on the horizon for today. Sign up […]
Low volatility ETFs have outperformed the market in this summer swoon. Here's what to know – CNBC
Last week’s big swings in the stock market were a shining opportunity for funds marketed as a way to reduce portfolio volatility, but there are some considerations investors should be aware of before jumping in. First, the leading funds marketed as “low volatility” or “minimum volatility” have lived up to their name. Many have held […]
Stock futures rise as investors await key inflation data: Live updates – CNBC
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City on August 8, 2024. Spencer Pratt | Getty Images U.S. stock futures were mixed early Tuesday as investors awaited this week’s key inflation readings and weighed fresh profits. S&P 500 futures and Nasdaq 100 futures rose 0.4% and 0.5%, […]
Vance wants to raise the child tax credit to $5,000. Here's why that could be difficult – CNBC
Republican vice presidential nominee Senator J.D. Vance speaks at a campaign rally at NMC-Wallard Inc./Wallard International in Eau Claire, Wisconsin, on August 7, 2024. Adam Boettcher | Getty Images Sen. J.D. Vance of Ohio, former President Donald Trump’s Republican vice presidential nominee, wants to more than double the child tax credit, but policy experts say […]