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Series I bond returns may drop below 4% in May, according to experts

Jetcityimage | Istock | Getty Images There’s been record-breaking demand over the past year for Series I bonds, an inflation-protected and nearly risk-free asset. But rates have been falling and the yield will decline again in May, experts say. Newly purchased I bonds currently offer 6.89% annual returns through April, …

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Egg prices crashed 11% in March — and more relief may follow

Miniseries | E+ | Getty Images Egg prices fell by almost 11% in March, the U.S. Bureau of Labor Statistics said Wednesday, following a 7% decline in February and delivering relief from record-high prices over the winter. The decrease is largely due to a recovery in egg production and weaker …

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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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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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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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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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Sony backs Raspberry Pi with fresh funding, access to A.I. chips

A Raspberry Pi 2 Model B single-board computer. Olly Curtis | Future Publishing | Future | Getty Images The company behind the Raspberry Pi line of computers has raised fresh investment from Sony’s semiconductor unit, in a deal aimed at advancing its efforts in artificial intelligence. Sony Semiconductor Solutions, a …

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