Investors may want to stick with fixed income investments — possibly even adding to them — despite the Federal Reserve’s intention to cut interest rates this year. “Your biggest mistake could be rushing back into equities before you’re considering all these opportunities in fixed income,” BondBloxx co-founder and COO Joanna Gallegos told CNBC’s “ETF Edge” … Read more
Byron Bay Bluesfest has released a warning to music lovers after a number of scams impersonating the Australian festival have emerged online. The fake Facebook pages promised VIP tickets and live-streaming of the festival’s 35th anniversary event over the Easter long weekend, but Bluesfest organisers have advised fans not to click on the malicious links. … Read more
Oil production in Azerbaijan Vostok | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe here. What you need to know today Weak quarterly kickoffJapan … Read more
CNBC’s Jim Cramer on Thursday updated his ranking of major media stocks, putting Fox at the top of the list, trailed closely by Disney. Five months ago, Cramer ranked Disney as No. 1, with Fox in second, followed by Warner Bros Discovery and then Paramount. But according to him, it’s time to revisit this ranking … Read more
A NSW woman who has played the same lotto numbers for years was just about to give up on the sequence of digits before she won the $20 million Powerball jackpot on Thursday. “I thought, ‘I think I’ll keep it for another week. I might be lucky’,” she told The Lott officials. The sequence of … Read more
Geopolitical and structural factors have put gold on course to hit $2,600 per ounce within a year, according to one market veteran. The precious metal has hit successive record highs this year, including another on Thursday when spot gold broke above $2,300 before easing slightly. Early Friday it was trading around $2278 per ounce. The … Read more
(NewsNation) — An Oregon lawmaker said the state’s measure to recriminalize the possession of small amounts of drugs still has a long way to go before it can be successful and effective in treating the state’s addiction crisis. GOP Oregon State Rep. Ed Diehl voted against a bill that makes minor drug possession a misdemeanor crime … Read more
The U.S. Justice Department’s long-running criminal case accusing China’s Huawei of misleading banks about the tech company’s business in Iran, among other charges, is heading toward a January 2026 trial. At a status conference on Thursday in Brooklyn, New York, Assistant U.S. Attorney Alexander Solomon told U.S. District Judge Ann Donnelly that “settlement discussions ended … Read more
HOUSTON – The captain of a United Airlines jet said the brakes seemed less effective than normal and the plane and brake pedals shook violently just before the Boeing 737 Max slid off a taxiway in Houston last month. According to a preliminary report released Thursday by the National Transportation Safety Board, the … Read more
71 employees were released at Apple’s main car-related office. (Representational) Apple Inc. laid off more than 600 employees in California as part of the decisions to end its car and smartwatch display projects, according to filings with the California Employment Development Department. The Cupertino, California-based company filed eight separate reports to the state to comply … Read more
