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.
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.
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.
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.
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.
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.
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.
Hispanic unemployment rate declines in September
The U.S. unemployment rate held steady in September, but ticked down among Hispanic workers, data from the U.S. Labor Department revealed Friday.
Here’s where the jobs are for September 2023 — in one chart
Leisure and hospitality was the strongest sector for job growth in September, while information lost jobs.
Payrolls increased by 336,000 in September, much more than expected
Nonfarm payrolls were expected to increase by 170,000 in September, according to the Dow Jones consensus estimate.