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Monthly Archives: April 2023

Here’s a decade-by-decade guide to building wealth

Carlos Barquero | Moment | Getty Images Stock market volatility and talk about a possible recession may have people anxious about investing. However, that shouldn’t dissuade anyone from trying to build wealth, whether you are just starting out in your career, are middle-aged or are nearing retirement. “We can’t predict …

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Major trading platform CEO sees signs of a bond ETF revival

Demand for bond ETFs appears to be rising. According to MarketAxess CEO Chris Concannon, there are signs Treasury ETFs are on the cusp of substantial inflows. “We’re about to see what I’d call [a] bond renaissance,” the electronic-trading platform CEO told CNBC’s “ETF Edge” this week. “The Fed is still …

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1 in 3 people would quit for a 4-day workweek job

The four-day workweek is gaining momentum, and people say they’re willing to quit to have it. A majority, 61%, of workers say they’d rather have a four-day workweek than the traditional five, and 33% say they’d quit their job to for one with a shortened week, according to a Monster …

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What the IRS’ $80 billion funding plan means for taxpayers

IRS Commissioner Daniel Werfel testifies before a Senate Finance Committee hearing on Feb. 15, 2023. Kevin Lamarque | Reuters The IRS on Thursday released a plan for the nearly $80 billion in agency funding enacted through the Inflation Reduction Act in August — including expected boosts for customer service, technology …

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Jobs report March 2023:

Nonfarm payrolls rose about in line with expectations in March as the labor market showed increased signs of slowing. The Labor Department reported Friday that payrolls grew by 236,000 for the month, compared to the Dow Jones estimate for 238,000 and below the upwardly revised 326,000 in February. The unemployment …

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Michaela Watkins Shares A Few Photos from Her Phone

The star of “Paint” contemplates work, canines, a coyote attack and mortality while bouncing between the coasts. April 7, 2023 Michaela Watkins describes herself as an actress who doesn’t know where she’s going to be next week. That’s only a small exaggeration. “Paint,” the comedy loosely based on the painter …

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China’s economic recovery is taking longer than expected, Citi says

Pictured here is a shopping street in Shenzhen, China, on Thursday, March 30, 2023. Bloomberg | Bloomberg | Getty Images BEIJING — China’s economic recovery is taking longer than expected, prompting Citi analysts to push back their forecasts for a stock market rebound by three months. Instead of June, Citi …

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Companies can ‘change their stripes’ with good management

Strong management can make all the difference for a company to “change their stripes” in a corporate pivot, CNBC’s Jim Cramer said on Thursday. “While it’s very difficult, it does happen,” Cramer said. Cramer pointed to Costco as a prime example of the difference capable management can make. The big-box …

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Tesla nominates ex-CTO JB Straubel to board of directors

JB Straubel, Tesla Motors’ former chief technical officer, speaks during a ribbon cutting for a new Supercharger station outside of the Tesla Factory on August 16, 2013 in Fremont, California. Justin Sullivan | Getty Images Tesla has nominated JB Straubel, the CEO and founder of e-waste recycler Redwood Materials, to …

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Insana says the Fed appears to be getting the recession it helped cause

U.S. Federal Reserve Board Chair Jerome Powell arrives for a news conference after the Fed raised interest rates by a quarter of a percentage point following a two-day meeting of the Federal Open Market Committee (FOMC) on interest rate policy in Washington, U.S., March 22, 2023.  Leah Millis | Reuters …

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