This income strategy could deliver a total yield of up to 7% a year, according to UBS

There are several places investors can find income these days in the market. Attractive yields have lured investors into bonds this year, with the 10-year Treasury yield remaining above 4%. Americans have also flooded into cash-equivalent accounts like money market funds, which had a total $6.68 trillion in total assets as of the 6-day period … Read more

Trump picks former SEC Commissioner Paul Atkins to lead agency: CNBC Crypto World

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what’s ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today’s episode, Asymmetric CEO … Read more

Powell says he’s not worried about the Fed losing its independence under Trump

Jerome Powell, chairman of the US Federal Reserve, right, speaks during the New York Times DealBook Summit at Jazz at Lincoln Center in New York, US, on Wednesday, Dec. 4, 2024.  Yuki Iwamura | Bloomberg | Getty Images NEW YORK — Federal Reserve Chair Jerome Powell said Wednesday he isn’t worried that President-elect Donald Trump … Read more

Robinhood considering move into sports betting, CEO Vlad Tenev says

Vlad Tenev, chief executive officer of Robinhood Markets Inc., during a Bloomberg Television interview in London, UK, on Tuesday, Nov. 29, 2023. Jose Sarmento Matos | Bloomberg | Getty Images Robinhood CEO Vlad Tenev said Wednesday that brokerage firm is considering expanding into sports betting in some way. “We’re keenly looking into that space. Nothing … Read more

Eli Lilly’s obesity drug beats rival in head-to-head trial — where Cramer sees shares going next

New trial data has cemented Club holding Eli Lilly ‘s pole position in the highly competitive obesity drug race. The news Eli Lilly’s obesity drug Zepbound bested its main rival Wegovy — made by Denmark’s Novo Nordisk — in the first head-to-head trial comparing the fast-growing weight loss treatments. Patients on Zepound lost an average … Read more

House Ways and Means Chair

There’s ongoing debate in the nation’s capital about whether President Trump’s legislative priorities, and tax cuts in particular, should be split up into multiple bills next year, but Republican House Way and Means Committee Chairman Jason Smith tells CNBC to expect one big bill next year, and that his margin for getting it passed will … Read more