Cautious investors piling into cash may want to consider other options.According to SPDR Exchange Traded Funds' Matthew Bartolini, active management can also provide them with stability and income while creating more opportunities for upside."Active fixed income has been really a consistent engine of support within the active [ETF] construct —...
Author: admin
This tax-smart charitable donation strategy is like ‘hitting two birds with one stone,’ advisor says
Ольга Носова | Istock | Getty ImagesIf you're retired and giving to charity this season, there's a planning move that can reduce your 2023 taxes while donating to a worthy cause, experts say.The strategy, known as qualified charitable distributions, or QCDs, allows retirees to transfer money from an individual retirement...
With Black Friday deals and flashy displays, retailers try to convince reluctant shoppers to spend
Target hosted a free "Winter Wonderland" event in New York City to show off the holiday season's hottest toys. It's an example of the extra effort that retailers are putting in to motivate shoppers.Melissa Repko | CNBCNEW YORK CITY — On a recent weekend in downtown Manhattan, a long line...
Consumer spending fell in October, according to new CNBC/NRF Retail Monitor tracking card transactions
The consumer took a spending break ahead of the holiday season, with October retail sales, excluding autos and gas, falling by 0.08%, and core retail, which also removes restaurants, declining by 0.03%, according to the new CNBC/NRF Retail Monitor.The new Retail Monitor, debuting Monday, is a joint product of CNBC...
Geopolitical instability and a packed election calendar have strategists wary of 2024
Israeli soldiers transfer detained Palestinians out of the Gaza Strip on November 20, 2023, as battles between Israel and the Hamas movement continue.Gil Cohen-magen | AFP | Getty ImagesGeopolitical risks will be the key threat to the economic outlook for 2024, as large-scale wars converge with a slew of pivotal...