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☆ With yields around 7%, fallen angel ETFs have outperformed — but come with risks
▼ + stars: | 2024-06-06 | by ( Michelle Fox | ) www.cnbc.com time to read: +5 min

Just two exchange-traded funds invest in the space — iShares Fallen Angels USD Bond ETF (FALN) and VanEck Fallen Angel High Yield Bond ETF (ANGL). FALN 1Y mountain iShares Fallen Angels USD Bond ETF one-year performance The iShares Fallen Angels USD Bond ETF and VanEck Fallen Angel High Yield Bond ETF track two different indexes. ANGL seeks to replicate the ICE US Fallen Angel High Yield 10% Constrained Index, while FALN tracks the Bloomberg Barclays U.S. High Yield Fallen Angel 3% Capped Index. In comparison, the Bloomberg U.S. High Yield Index has a 4.64% annualized return over the past 10 years, the firm said. Be aware of risks Fallen angel portfolios are generally much higher quality than their high-yield peers, said Morningstar's Evens.

Persons: —, Zachary Evens, Evens, Jared Woodard, Stephen Laipply, Morningstar's, Laipply, FALN Organizations: Angels, Bond, SEC, Morningstar, Chartered Alternative Investment, Association, Bloomberg Barclays, Bank of, Bank of America, U.S, ICE, Bloomberg Barclays U.S ., Bloomberg U.S, Corporate, Broad Locations: Bank, BlackRock

☆ I moved to Chicago from Portland for an affordable big city life. It's been easy to make friends and I'm never bored.
▼ + stars: | 2024-05-03 | by ( Jules Rogers | ) www.businessinsider.com time to read: +5 min

Jessica Kirshner is an interior designer who moved from Portland to Chicago in August 2023. I'm originally from the Bay Area, and I moved to Eugene, Oregon, in 2015 to study interior architecture. When I graduated, I moved to Portland for a job at a large firm. After three years in Portland, I moved to Chicago in August 2023. I love Chicago.

Persons: Jessica Kirshner, Kirshner, —, Jessica Kirshner I'm, Chicago Organizations: Service Locations: Portland, Chicago, Europe, Bay, Eugene , Oregon, LA, San Diego, New York, Oregon, Illinois, There's

☆ Travelers ride the rails to save money (and the planet) as Amtrak chases pre-Covid ridership
▼ + stars: | 2024-02-11 | by ( Laya Neelakandan | ) www.cnbc.com time to read: +3 min

As domestic travel rebounds from pandemic lows and prices soar, some travelers opting for trains over planes. Those advantages and others are driving riders to Amtrak, the government-backed U.S. rail service, as it tries to revive pre-Covid ridership and smooth out operations. One of those passengers is Leonor Grave, who lives in New York City and often travels home to Washington, D.C., on Amtrak trains rather than flying. "I don't glamorize Amtrak as a corporation – there's a lot they could do to improve its services," Grave said. It's an exciting future for train travel."

Persons: Clint Henderson, Guy, Henderson, he's, doesn't, Leonor Grave, she's, they've Organizations: Amtrak, Alaska Airlines, Boeing, Max, Washington , D.C, Penn Locations: New York, New York City, Washington ,, New

The number of Americans filing for jobless claims fell last week despite more layoff announcements from high-profile companies recently. Applications for unemployment benefits fell by 9,000 to 218,000 for the week ending Feb. 3, the Labor Department reported Thursday. Weekly unemployment claims are seen as a proxy for the number of U.S. layoffs in a given week. They have remained at extraordinarily low levels despite efforts by the U.S. Federal Reserve to cool the economy. In total, 1.87 million Americans were collecting jobless benefits during the week that ended Jan. 27, a decrease of 23,000 from the previous week.

Organizations: Labor Department, U.S . Federal Reserve

☆ Despite two positive days for the market, Cramer worries the gains may be temporary
▼ + stars: | 2023-10-31 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

CNBC's Jim Cramer on Tuesday worried about the sustainability of the recent market action. Even though the major indexes saw gains over the past two days, Cramer asserted that these positives may rely on the results of the Federal Reserve's Wednesday meeting. Cramer attributed this action to fears about the broader economy's potential slowdown, with investors looking past the U.S. government's plans to spend trillions on infrastructure. To Cramer, this "instant wholesale revaluation process" may end only when long-term interest rate peaks, either because the bond market evens out, or the Fed resolves to stop rate hikes. "But we get smashed tomorrow and all of the stocks that rallied big today have those gains repealed instantly.

Persons: CNBC's Jim Cramer, Cramer Organizations: Federal, Caterpillar, Fed Locations: U.S

☆ 4 small-business owners who swear by podcast interviews explain why they're a marketing strategy worth prioritizing
▼ + stars: | 2023-10-25 | by ( Erin Greenawald | ) www.businessinsider.com time to read: +7 min

Insider talked with small-business owners to find out how to make the most of podcast interviews for marketing. Share your story instead of sellingGlogovac said you shouldn't go into podcast interviews with the mindset of pitching your product or service. Gunn likes to alternate between doing podcast interviews and writing online articles about similar topics to give customers multiple touchpoints. D'Angelo links to some of her favorite podcast interviews on the services page of her website, in part because it helps create warmer leads. Get yourself out there on a regular basisIt's important to give podcast interviews time — and do them consistently — to see results.

Persons: SBOs, —, Paul Gunn Jr, Michelle Glogovac, Lisa Haukom, Glogovac, Bryan Clayton, he's, Clayton, Gunn, Candice D'Angelo, Halle Alessia, D'Angelo Organizations: Small, Service, Kuog Inc, Vox Media, Halle Locations: Alabama, Florida

DAJABON, Dominican Republic (AP) — The Dominican Republic partially reopened its border with Haiti on Wednesday to limited commercial activity nearly a month after shuttering the frontier in a continuing spat over construction of a canal targeting water from a shared river. The Dominican border reopening was delayed after a pre-dawn fire at the main marketplace in Dajabon destroyed dozens of stalls. She called Abinader’s decision to close all land, sea and air borders last month “savage,” noting that businesses like hers are good for the Dominican Republic. She said that even if the Dominican Republic opens its borders, she hopes the Haitian side will remain closed. Haiti and the Dominican Republic have long had a contentious relationship despite strong economic ties.

Persons: DAJABON, Luis Abinader, wasn't, “ There’s, ”, Santo Rodríguez, Rodríguez, hadn’t, Abinader, Haiti’s, Diego Da Rin, Da Rin, Ariel Henry, ” Da Rin, “, Marie, Enge Belizaire, Belizaire, Orgline Pierre, “ Abinader, ” Pierre, ___ Dánica Coto, Evens Sanon Organizations: Authorities, International Crisis, Haitian, Dominican Republic’s Export, Investment Center, Dominican Republic’s, Bank, Port Locations: Dominican Republic, Haiti, Dominican, Dajabon, Haitian, Hispaniola, Spanish, Panama, Kenya, San Juan , Puerto Rico, Prince

☆ Treasury yields lower after Powell says Fed is prepared to raise rates
▼ + stars: | 2023-08-28 | by ( Ryan Browne | ) www.cnbc.com time to read: +3 min

U.S. Treasury yields fell on Monday as investors remained focused on remarks from Federal Reserve Chair Jerome Powell that signaled the possibility of more interest rate hikes to tackle inflation. The yield on the benchmark 10-year Treasury yield was down at 4.2217%. While Powell said the Fed could be flexible, he said it still has further to go to fight inflation. "Although inflation has moved down from its peak — a welcome development — it remains too high," Powell said in prepared remarks. The Treasury is expected to auction three-month and six-month bills as well as two-year and five-year notes.

Persons: Jerome Powell, Powell, Willem Sels, Sels, CNBC's, subindexes Organizations: Treasury, Federal, Traders, Federal Reserve, Kansas City, HSBC Private Banking, Wealth, Composite, U.S . Labor Department Locations: Jackson Hole , Wyoming, U.S

June 5 (Reuters) - Tighter lending standards from regional banks are making it harder for U.S. hotel developers to secure funding, slowing construction of new hotels at a time Americans' appetite for travel is ripe. Analysts say slower hotel development will also limit profits of blue-chip manufacturers like Caterpillar Inc. , whose commercial real estate customers account for around 75% of construction sales. Overexposed regional banks are now offloading commercial real estate loans at a discount. Troubled regional lender PacWest Bancorp (PACW.O) announced in May it would sell $2.6 billion worth of real estate construction loans. Banks started to reduce their hotel loan portfolios in the first quarter of 2023, an analysis by S&P Global Market Intelligence found.

Persons: Joseph Delli Santi, James Hansen, Andy Ingraham, Ingraham, Evens Charles, Banks, Mitchell Hochberg, Bianca Flowers, Caroline Stauffer, Deepa Babington Organizations: U.S, Silicon Valley Bank, Shopoff, Reuters, Build Central Inc, Hilton, Hilton Worldwide Holdings Inc, Marriott International, Caterpillar Inc, Signature Bank, First Republic Bank, National Association of Black, Developers, Frontier Development, Hospitality Group, Washington D.C, PacWest Bancorp, P Global Market Intelligence, Lightstone, Thomson Locations: Silicon, California, Florida , Texas, Washington, Arizona, New York, Chicago, Bengaluru

Persons: Joseph Delli Santi, James Hansen, Andy Ingraham, Ingraham, Evens Charles, Banks, Mitchell Hochberg, Bianca Flowers, Caroline Stauffer, Deepa Babington Organizations: U.S, Silicon Valley Bank, Shopoff, Reuters, Build Central Inc, Hilton, Hilton Worldwide Holdings Inc, Marriott International, Caterpillar Inc, Signature Bank, First Republic Bank, National Association of Black, Developers, Frontier Development, Hospitality Group, Washington D.C, PacWest Bancorp, P Global Market Intelligence, Western Alliance, Lightstone, Thomson Locations: Silicon, California, Florida , Texas, Washington, Arizona, New York, Chicago, Bengaluru

☆ Here are all 8 stocks we bought this week during the bank-driven market volatility
▼ + stars: | 2023-03-17 | by ( Paulina Likos | ) www.cnbc.com time to read: +6 min

The Club followed through on what Jim Cramer laid out last Sunday, using this week's volatility to opportunistically buy on market pullbacks. In fits and starts, bank stocks were under pressure all week. With so many trades, eight stocks in all, here's a recap for Club members that further explains how our broader view of the market influences our buying decisions. We see EMR's market decline after the takeover news as overblown and view the stock's valuation as more attractive following a steeper decline Friday. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

☆ Professor who predicted the 'great resignation' says quits will plateau in 2023—here's why
▼ + stars: | 2023-02-01 | by ( Morgan Smith | ) www.cnbc.com time to read: +2 min

The "great resignation" will soon grind to a halt. Klotz coined the "great resignation" in May 2021 to describe the sudden wave of people quitting their jobs due to the Covid-19 pandemic, which led many to re-think where, how and why we work. Companies are improving employee retentionTo attract talent in a perennially tight labor market, many employers have introduced flexible work arrangements, increased wages or revamped their benefits. The ripple effects of the "great resignation" prompted more companies to prioritize existing employees' well-being, whether it's through enhanced mental health resources or transitioning to a permanent hybrid model. In 2023, Klotz says he expects employers to double down on their efforts to attract and retain talent.

☆ Credit Suisse says bet on these stocks when inflation is falling
▼ + stars: | 2023-01-12 | by ( Carmen Reinicke | ) www.cnbc.com time to read: +1 min

Investors looking to snap up company shares that are poised to benefit as inflation falls should look no further than a list of such stocks from Credit Suisse. Break evens signal that inflation should reach 1.7% – well below the Fed's 2% mandate – over the next 12 months, Jonathan Golub of Credit Suisse wrote in a Wednesday note. This should lift some stocks going forward, according to Credit Suisse. To assemble a list of stocks poised to rise amid falling inflation, the bank identified the top three names in each sector that will benefit the most from two-year break evens. The falling inflation beneficiaries, listed below, outperformed in 2022, a trend that Golub expects to continue in 2023.

☆ Oil expected to stay volatile in 2023, but the price could depend on China reopening
▼ + stars: | 2022-12-28 | by ( Patti Domm | In | ) www.cnbc.com time to read: +10 min

Keeping a lid on prices Oil futures fell Wednesday amid signs that China is moving ahead to normalize its economy, with the removal of border and travel restrictions. Russia's invasion of Ukraine was the biggest shock to the oil market in the past year, sending prices spiking in the first quarter. Under some scenarios, a strong reopening in China could drive oil close to about $120 if supply is short. The latest efforts to penalize Russia were Europe's ban on seaborne oil, as of Dec. 5, as well as a G-7 price cap on the price Russia can receive for its oil. Morse said more oil supply is coming on line from the U.S. and other Western Hemisphere producers in 2023.

☆ Dollar dives as investors cheer after U.S. inflation misses forecasts
▼ + stars: | 2022-11-11 | by ( Rae Wee | ) www.reuters.com time to read: +3 min

Figures showed that the consumer price index rose 7.7% year-on-year in October, the smallest gain since January and below forecasts of an 8% increase. The dollar tumbled overnight after the release, and recorded its worst day against the Japanese yen since 2016, having fallen 3.7%. Against a basket of currencies, the U.S. dollar index slumped more than 2% overnight, the most in over a decade. "The overnight moves in the dollar were pretty sharp ... read moreFTX is scrambling to raise about $9.4 billion from investors and rivals, a source told Reuters.

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