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CNBC's Gabriel Cortes - 2 It's - 1 Donald Trump - 1 Dow - 1 — CNBC's Gabriel Cortés - 1 Bonds - 1 haven't - 1 Amy Arnott - 1
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Search resuls for: "CNBC's Gabriel Cortes"


6 mentions found


☆ The Dow just hit 40,000. Here's a look at how it got here
  + stars: | 2024-05-16 | by ( Fred Imbert | ) www.cnbc.com   time to read: +1 min
The Dow first closed above 20,000 in early 2017, as investors began pricing in lower corporate taxes in the U.S. under former President Donald Trump. However, the Dow struggled in 2018 after the excitement around lower taxes faded, with trade tensions between China and the U.S. rising and the Federal Reserve raising interest rates. In 2019, the stock market recovered as the Fed pivoted away from raising rates. By early 2020, the Dow was nearing 30,000 — reaching a high of 29,551.42 on Feb. 12, 2020. The Dow tumbled 38% from its February 2020 intraday peak to a low of 18,213.65 in March 2020.
Persons: It's, Donald Trump, Dow, — CNBC's Gabriel Cortés Organizations: Dow, Federal Reserve, Fed Locations: U.S, China
☆ Protect your portfolio income from hefty state taxes with these funds
  + stars: | 2023-10-26 | by ( Darla Mercado | Cfp | ) www.cnbc.com   time to read: +4 min
Investors in high-tax locales can protect some of their portfolio income from steep levies by adding state-specific municipal bond funds to their fixed-income roster. "In the muni bond fund market, we're seeing yields higher than they have been in more than a decade," said Amy Arnott, portfolio strategist for Morningstar Research Services. That's because while muni bond income is generally free of federal taxes, it can also avoid state levies if the investor resides in the state where the bond was issued. That's where state-specific muni bond funds come into the picture. See below for a chart of 10 large state-focused muni bond funds.
Persons: Bonds, haven't, Amy Arnott, Dan Herron, Herron, Arnott, CNBC's Gabriel Cortes Organizations: Federal Reserve, Muni Bond ETF, Morningstar Research Services, Vanguard, SEC, Vanguard New, CPA, Wealth Advisors, muni Locations: California, New York, Massachusetts, Ohio, Jersey
☆ Here's where the jobs are for August 2023 — in one chart
  + stars: | 2023-09-01 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com   time to read: +2 min
The Labor Department said Friday that the economy added 187,000 jobs in August even as the unemployment rate ticked up to 3.8%. The August jobs report was another sign that the U.S. labor market is cooling off, though some of the sectors that have fueled the post-pandemic rebound remain strong. "Leisure and hospitality still remains well below pre-pandemic levels of employment, and well below pre-pandemic trends in employment. That was driven by a drop of nearly 37,000 positions in trucking, which the Labor Department attributed to a business closure. The sub-category for motion picture and sound recording dropped close to 17,000 jobs, the Labor Department said.
Persons: we're, Andrew Patterson, Patterson, CNBC's Gabriel Cortes Organizations: Labor Department, Vanguard, Hollywood Locations: United States
☆ Here’s where the jobs are for April 2023 — in one chart
  + stars: | 2023-05-05 | by ( Alex Harring | ) www.cnbc.com   time to read: +3 min
Broad job gains across the economy helped the labor market show resilience in the face of a banking crisis and growing recessionary concerns. Friday's data bolsters the argument that the labor market has remained idiosyncratically strong despite signs that the broader economy has slowed. Almost one out of every four of the new jobs were in health care and social assistance, which added about 64,200 in the month. Professional and business services saw the second largest growth in April at 43,000, which is more jobs than it has added in an average month over the past half-year. Professional, scientific and technical service jobs accounted for the bulk of the sector's gains with a 45,000 increase.
☆ Here's a map of Starbucks stores that voted to unionize
  + stars: | 2022-12-09 | by ( Amelia Lucas | ) www.cnbc.com   time to read: +4 min
A year ago, workers at a Starbucks store in Buffalo, New York, voted to unionize, a first for the chain. In the past year, more than 260 Starbucks stores have voted in favor of unionizing, giving the union a win rate of 80%, according to data from the National Labor Relations Board. In April, as the union movement continued to gain steam, Starbucks CEO Kevin Johnson announced he would retire. Starbucks has also fired organizers for unrelated infractions, closed a handful of union stores and withheld higher pay and enhanced benefits from baristas at unionized locations. Cathy Creighton, director of Cornell University's Industrial and Labor Relations branch in Buffalo, said that companies often use delay tactics to frustrate unions and take away momentum.
☆ 5 things to know before the stock market opens Friday
  + stars: | 2022-09-16 | by ( Candice Choi | ) www.cnbc.com   time to read: +4 min
Here are the most important news items that investors need to start their trading day:Traders work on the floor of the New York Stock Exchange during afternoon trading on September 13, 2022 in New York City. Stock futures fallWall Street was headed toward another down week with U.S. stock futures lower Friday. A pedestrian walks by a Bed Bath and Beyond store in San Francisco, California. Bed Bath & Beyond closuresWhen Bed Bath & Beyond announced last month that it would close roughly 150 of its "lower producing" namesake stores, many people wondered if the location near them would be among those shuttered. In late August, Bed Bath said that it secured more than $500 million in new financing ahead of the key holiday season and that it was trimming its workforce, in addition to the store closures.
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