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Monthly Archives: April 2023

Time for a buffer? Defined outcome strategies in a down market

Safeguarding against downside risks remains an evergreen strategy for investors this year, with ETFs that offer a “buffer” becoming increasingly in demand.   Buffer ETFs, which are encompassed by defined outcome funds, offer participation in stocks or bonds while maintaining a level of downside protection — protection usually paid for by …

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Gallagher optimistic about stopping U.S. investments in Chinese AI

Rep. Mike Gallagher (R-WI) (C), chair of the House Select Committee on the Strategic Competition Between the United States and the Chinese Communist Party, joins Rep. Elise Stefanik (R-NY) (L) and Majority Whip Steve Scalise (R-LA) for a news conference following a GOP caucus meeting at the Republican National Committee …

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IMF warns of ‘hard landing’ risk for U.S. economy

The IMF on Wednesday warned that a U.S. economic downturn remains “within the realm of possibilities,” despite encouraging data to the upside. First managing director Gita Gopinath said the IMF had been surprised by the strength of the U.S. labor market and consumer spending, prompting it to revise up its …

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Is side hustle income taxed? Can you deduct WFH expenses?

Fizkes | Istock | Getty Images This was adapted from CNBC’s Work It newsletter on LinkedIn about all things work — from how to land the job to how to succeed in your career. Click here to subscribe. You can probably palpably remember that first paycheck you got — and …

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Warren Buffett says Norfolk Southern handled train derailment ‘terribly’

Billionaire investor Warren Buffett said Norfolk Southern botched the response to its East Palestine, Ohio train derailment in February, an accident that spilled toxic chemicals into the environment. “I think they’ve handled it terribly,” the Berkshire Hathaway chairman and CEO said in an interview with CNBC’s Becky Quick from Tokyo on “Squawk Box” on …

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I’d give up a year of my life to eat what I like

Billionaire Warren Buffett says he drinks five Cokes a day. Bloomberg | Getty Images Warren Buffett said he’s happiest when eating desert and drinking Coke — and would give up a year of his life to keep doing so. “I always tell people: I found everything I like to eat …

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JPMorgan, H&M, Workday join Frontier CO2 removal program

Vehicles traveling along the The New Jersey Turnpike in Carteret, New Jersey. Kena Betancur/VIEW press | Corbis News | Getty Images Four new companies have committed $100 million to remove carbon dioxide from the atmosphere as part of an effort started by several major tech companies to jumpstart the nascent …

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Warren Buffett says we’re not through with bank failures

Warren Buffett at a press conference during the Berkshire Hathaway Shareholders Meeting on April 30, 2022. CNBC Investing legend Warren Buffett believes there could be more bank failures down the road, but depositors should not ever be worried. “We’re not over bank failures, but depositors haven’t had a crisis,” the …

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why he bought 5 Japanese trading houses

J. Kempin | Getty Images Entertainment | Getty Images Warren Buffett said he was “confounded” by the opportunity to buy into five Japanese trading houses two years ago. “I was confounded by the fact that we could buy into these companies,” Buffett told CNBC’s Becky Quick on “Squawk Box” in …

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EPA proposes auto pollution limits to aggressively boost EV sales

U.S. President Joe Biden gestures after driving a Hummer EV during a tour at the General Motors ‘Factory ZERO’ electric vehicle assembly plant in Detroit, Michigan, November 17, 2021. Jonathan Ernst | Reuters The U.S. Environmental Protection Agency on Wednesday proposed new tailpipe emissions limits that could require as much as …

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