New ETF looks to profit from municipal bonds
A new ETF is trying to capture profits in the municipal funds space. BondBloxx’s Joanna Gallegos is behind the IR+M Tax-Aware Short Duration ETF (TAXX) — which launched less than …
Breaking News: Markets
Big oil is racing to scale up carbon capture to slash emissions
A standard drilling rig that Chevron will be drilling its first onshore test well for the 14,000-acre Bayou Bend CCUS project is photographed on Thursday, Feb. 22, 2024 in Winnie …
Fed Governor Bowman says additional rate hike could be needed if inflation stays high
US Federal Reserve Governor Michelle Bowman attends a “Fed Listens” event at the Federal Reserve headquarters in Washington, DC, on October 4, 2019. Eric Baradat | AFP | Getty Images …
Boeing CEO Calhoun took home $5 million last year ahead of 737 Max crisis
Boeing CEO Dave Calhoun speaks with reporters on Capitol Hill in Washington, DC, on January 24, 2024, before meeting with a group of senators. Jim Watson | AFP | Getty …
Good news is good news for the market. Palo Alto Networks may be a buy
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. (We’re …
10-year Treasury yield jumps after stronger-than-expected jobs report
Treasury yields climbed on Friday after closely watched nonfarm payrolls data for March surged past expectations. The 10-year Treasury yield jumped 6 basis points to 4.371%. The benchmark note on …
Demand for french fries reflects resilient consumer as so-called fry attachment rate holds steady
A McDonald’s crew member prepares french fries in Miami, Florida. Getty Images It’s a timeless question at fast-food counters: Do you want fries with that? Responders continue answering affirmatively at …
UBS CEO says Credit Suisse will be a case study for big bank mergers
The mammoth integration of failed bank Credit Suisse into its former rival UBS will act as a “case study,” UBS CEO Sergio Ermotti said on Friday, one that will show …
Here’s where the jobs are for March 2024 — in one chart
The U.S. labor market surprised economists with its strength once again, adding more than 300,000 jobs in March, with a few key sectors continuing to fuel its growth. Health care …
Magnitude 4.8 earthquake strikes northeastern United States
A magnitude 4.8 earthquake shook the northeastern United States on Friday morning. The earthquake was felt from Boston down to Baltimore at 10:23 a.m. ET, according to the U.S. Geological …