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Category: Finance News

Why now may be the time to own corporate bonds

“Some of the corporates got higher quality than the U.S. government [bonds] right now,” JPMorgan’s Bryon Lake told CNBC’s “ETF Edge” this week.

Published 7 October 2023
Categorised as Finance News

Even as job creation surges, Americans still think the economy stinks. Here’s why

Inflation is headed lower in terms of its annual pace but is still far higher than most people can stand.

Published 7 October 2023
Categorised as Finance News

Pioneer Natural Resources soars amid report that it could be acquired by Exxon. Here’s what the pros say

Pros on CNBC discussed Pioneer Natural Resources after The Wall Street Journal reported that Exxon Mobil is in talks to buy the shale-drilling company.

Published 6 October 2023
Categorised as Finance News

This trade is where big investors are hiding out amid choppy markets, Goldman Sachs says

The trade is a key way that institutions and wealthy investors are adjusting to the surge in long-term interest rates that have roiled markets lately.

Published 6 October 2023
Categorised as Finance News

A nearly $3 billion net worth puts you among the richest 400 people in America—40 years ago, that’d be No. 1

In 1983, Forbes crowned Gordon Getty America’s richest person with a net worth of $2.2 billion. In 2023 you’d need close to $3 billion to crack the top 400.

Published 6 October 2023
Categorised as Finance News

Choose your $1.4 billion Powerball jackpot payout wisely: The most popular option can be a ‘mistake,’ says financial planner

The most commonly chosen Powerball lottery payout leaves more than half of the listed jackpot prize amount on the table. Here’s why, and what to do if you win.

Published 6 October 2023
Categorised as Finance News

Powerball jackpot hits $1.4 billion. Here’s ‘the toughest thing’ for lottery winners, lawyer says

The Powerball jackpot is up to $1.4 billion. Here’s what the winner should do first, according to financial experts.

Published 6 October 2023
Categorised as Finance News

PepsiCo is among the most oversold S&P 500 stocks. Here are the others

CNBC Pro used FactSet data to screen for the most overbought and oversold names in the S&P 500 based on their 14-day relative strength index, or RSI.

Published 6 October 2023
Categorised as Finance News

Stocks making the biggest moves midday: Pioneer Natural Resources, MGM Resorts, Levi Strauss and more

These are the stocks posting the largest moves in midday trading.

Published 6 October 2023
Categorised as Finance News

Investors roll more than $600 billion a year to IRAs. Anticipated Labor Department rules could raise their protections

The U.S. Department of Labor will soon issue a rule expected to crack down on advisors and brokers who recommend rolling money from a 401(k) plan to IRA.

Published 6 October 2023
Categorised as Finance News

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