Dividend stocks as a hot play into fall due to Fed and interest rates

Dividend stocks as a hot play into fall due to Fed and interest rates

It appears more investors are eyeing dividend stocks ahead of the Federal Reserve’s interest rate decision in September. Paul Baiocchi of SS&C ALPS Advisors thinks it is a sound strategy because he sees the Fed easing rates. “Investors are moving back toward dividends out of money markets, out of fixed income, but also importantly toward … Read more

Crypto companies are pouring money into 2024 election: Public Citizen

Crypto companies are pouring money into 2024 election: Public Citizen

U.S. Vice President and Democratic presidential candidate Kamala Harris speaks at a campaign rally in Milwaukee, Wisconsin, U.S. August 20, 2024.  Marco Bello | Reuters As the 2024 U.S. elections reach their home stretch, crypto companies are opening their wallets to try and influence the results. Nearly half of all the corporate money flowing into … Read more

Saudi Arabia’s spending is adopting a clear shift in strategy

Saudi Arabia’s spending is adopting a clear shift in strategy

Riyadh, Saudi Arabia. Xavierarnau | E+ | Getty Images Saudi Arabia is moving full steam ahead with its focus on domestic investment — and with that, higher requirements for foreigners coming to the kingdom to take capital elsewhere. The kingdom’s $925 billion sovereign wealth fund, the Public Investment Fund, saw its assets jump 29% to … Read more

Stocks slide ahead of Powell’s speech

Stocks slide ahead of Powell’s speech

Traders work on the floor of the New York Stock Exchange during morning trading on August 12, 2024 in New York City.  Michael M. Santiago | Getty Images News | 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 … Read more

Stocks slide ahead of Powell speech

Stocks slide ahead of Powell speech

Traders work on the floor of the New York Stock Exchange during morning trading on August 12, 2024 in New York City.  Michael M. Santiago | Getty Images News | 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 … Read more

Michelle Bond, romantic partner of Former FTX exec Salame, indicted

Michelle Bond, romantic partner of Former FTX exec Salame, indicted

Ryan Salame, the former co-chief executive of FTX Digital Markets, exits the Federal Court after he pleaded guilty to two charges including conspiring to make unlawful U.S. political contributions, in New York City, Sept. 7, 2023. Brendan McDermid | Reuters Convicted former FTX executive Ryan Salame’s domestic partner Michelle Bond has been indicted on charges … Read more

Trump promotes family’s new crypto platform, ‘The Defiant Ones’

Trump promotes family’s new crypto platform, ‘The Defiant Ones’

Republican presidential nominee and former U.S. President Donald Trump gestures at the Bitcoin 2024 event in Nashville, Tennessee, U.S., July 27, 2024.  Kevin Wurm | Reuters Former president Donald Trump on Thursday promoted a soon-to-launch, Trump Organization crypto platform, “The DeFiant Ones” to his 7.5 million followers on Truth Social. “For too long, the average … Read more

The Green Economy Is Hungry for Copper—and People Are Stealing, Fighting, and Dying to Feed It

The Green Economy Is Hungry for Copper—and People Are Stealing, Fighting, and Dying to Feed It

Moqadi Mokoena had been feeling uneasy all day. When he’d left his home on the outskirts of Johannesburg, South Africa, for his job as a security guard, he’d had to turn around twice, having forgotten first his watch and then his cigarettes. He had reason to be nervous. His supervisor had assigned him to join … Read more

Fed minutes signal September rate cut

Fed minutes signal September rate cut

Traders work on the floor of the New York Stock Exchange during morning trading on August 20, 2024 in New York City.  Michael M. Santiago | 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 … Read more

Fed minutes signals September rate cut

Fed minutes signals September rate cut

Traders work on the floor of the New York Stock Exchange during morning trading on August 20, 2024 in New York City. Michael M. Santiago | 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 … Read more