Month: June 2023

Kate_sept2004 | E+ | Getty Images After the Federal Reserve’s interest rate pause on Wednesday, a fixed income expert covers what to know about bond allocations amid economic uncertainty.  “This is an attractive time to start looking at investment-grade credit,” which may provide “good income,” said Sonal Desai, executive vice president and chief investment officer
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D3sign | Moment | Getty Images Human psychology and money don’t mix well. Left unchecked, our psyches can easily sabotage financial decision-making, behavioral experts said during a panel discussion at CNBC’s Financial Advisor Summit.   “We’re all crazy when it comes to money,” said Brad Klontz, managing principal of YMW Advisors in Boulder, Colorado, and
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Pavlo Gonchar | Lightrocket | Getty Images Do you think artificial intelligence is being overhyped? Dan Niles, founder and portfolio manager of the Satori Fund, agrees. Well, sort of. The answer to that question really depends on whether you’re talking about the current moment or the long haul, said Niles during a session for CNBC’s Financial
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Morsa Images | Digitalvision | Getty Images Saving enough money to comfortably retire later in life may seem like a daunting, out-of-reach goal. But some are challenging themselves to reach that goal even sooner than usual. The FIRE movement — which stands for Financial Independence, Retire Early — is built on the idea that handling
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In this photo illustration, packages of Mifepristone tablets are displayed at a family planning clinic on April 13, 2023 in Rockville, Maryland.  Anna Moneymaker | Getty Images House Democrats on Thursday called on Walmart, Costco, Kroger, Safeway and Health Mart to publicly commit to sell the prescription abortion pill mifepristone at their retail pharmacies. Pending
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After more than a year of steady rate hikes, the Federal Reserve held its target federal funds rate steady Wednesday. For households, however, that offers little relief from record-high borrowing costs. “It’s not like rates will go down,” said Tomas Philipson, University of Chicago economist and a former chair of the White House Council of Economic
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