New ETF looks to profit from municipal bonds – CNBC
A new ETF is looking to capitalize on the municipal finance space. Joanna Gallegos of BondBloxx is behind the IR+M Tax-Aware Short Duration ETF (TAXX). This ETF has been on sale for less than a month. “When you think about a municipal bond portfolio, I really want people to think beyond that and look for […]
These stocks were oversold during this week's sell-off and could be due for a bounce – CNBC
Stocks that have been under pressure this week could be poised for a rebound. Major stock averages rose on Friday, attempting to rebound from the previous session’s decline and the Dow Jones Industrial Average’s worst day since March 2023. Despite attempts at recovery, all three indexes are having a down week. Investors dealt with several […]
'Big Short' investor Steve Eisman is betting big on infrastructure and here are his top picks – CNBC
Steve Eisman, of “The Big Short” fame, is bullish on infrastructure stocks after studying the industry for the past two years, and here are the companies he likes the most. Investors who raised money and profited from the subprime mortgage crisis grew more favorable toward infrastructure companies as government spending increased. Eisman, a senior portfolio […]
CNBC Daily Open: Safe havens in vogue – CNBC
Azerbaijan oil production Vostok | Getty Images This report is from today’s international market newsletter CNBC Daily Open. The CNBC Daily Open provides investors with everything they need to know, no matter where they are. Like what you see?You can subscribe here. weak quarter kickoffU.S. markets fell on Thursday ahead of Friday’s key jobs report, […]
Dow futures are little changed after index notches worst day in more than a year, jobs report looms: Live updates – CNBC
6 minutes ago Here’s what investors should watch for in Friday’s key jobs report March’s employment report is expected to be strong as the Labor Department releases its employment report on Friday morning. Economists polled by Dow Jones expect employers to add 200,000 jobs last month, which would mark a slowdown from February’s 275,000 job […]
There's still time to make a last minute 2023 IRA contribution and possibly claim a tax break. Here's who qualifies – CNBC
There’s still time to make contributions to your 2023 Individual Retirement Account and possibly claim deductions. However, not everyone is eligible for tax relief. It depends on your filing status, income, and workplace retirement plan. Even if you qualify, you should consider your goals before donating, experts say. Damil Ditch | E+ | Getty Images […]
Thursday's analyst calls: Upside ahead for Amazon and Meta, but a 'rate trap' looms for BofA – CNBC
Traders work on the floor of the New York Stock Exchange during afternoon trading on April 2, 2024 in New York City. Michael M. Santiago | Getty Images The news wasn’t too good for Bank of America, with UBS worried about an “interest rate trap” that could hit one of the big four US banks. […]
Stock futures are little changed following third straight day of losses for the Dow: Live updates – CNBC
1 hour ago S&P’s energy sector ends at new record since 2014 The energy sector’s surge – currently up nearly 16% in 2024 – comes as oil futures prices hit their highest since October last year, rising amid geopolitical tensions and OPEC+ policies. ing. The energy sector rose 2.84% in the second quarter, making it […]
CNBC Host Grills DC Mayor After Telling Her Point-Blank His Daughter Doesn’t Feel Safe In City
CNBC host Joe Kernen pressed Democratic Mayor Muriel Bowser of Washington, D.C. on Monday over the city’s crime rate, telling her that his daughter does not feel safe in the nation’s capital. Bowser appeared on the financial network to discuss an agreement with Monumental Sports & Entertainment to keep the NBA’s Washington Wizards and the NHL’s […]
Stocks making the biggest moves premarket: Intel, Tesla, Dave & Buster's, Paramount and more – CNBC
Check out the companies that are trending in pre-market trading. Intel — Shares fell more than 4% after the company disclosed widening operating losses in its semiconductor manufacturing business. Intel reported that its division’s operating loss in 2023 will be $7 billion. By comparison, a year ago he was worth $5.2 billion. Tesla — The […]