News

New ETF looks to profit from municipal bonds

A new ETF is trying to capture profits in the municipal funds space.BondBloxx's Joanna Gallegos is behind the IR+M Tax-Aware Short Duration ETF (TAXX) — which launched less than a month ago. "When you think about municipal bond portfolios, you really want people to think beyond...

Behind this week’s sell-off and what could cause it to turn into a...

One of the pillars of behavioral economics is the so-called prospect theory, the idea that the pain of a loss is far greater than the expectation of a gain. That insight, developed by Daniel Kahneman , winner of the 2002 Nobel Memorial Prize in Economic Sciences, was very much...

Stocks making the biggest moves premarket: Krispy Kreme, Cinemark, Western...

Check out the companies making headlines before the bell. Shockwave Medical — The medical device stock rose 1.6% after Johnson & Johnson announced it would buy the company for $12.5 billion. The transaction would boost J & J's portfolio of cardiovascular disease treatment...

Fed Governor Bowman says additional rate hike could be needed if inflation...

US Federal Reserve Governor Michelle Bowman attends a "Fed Listens" event at the Federal Reserve headquarters in Washington, DC, on October 4, 2019. Eric Baradat | AFP | Getty ImagesFederal Reserve Governor Michelle Bowman said Friday that it's possible interest rates may have...

Stocks making the biggest moves midday: Altice, Tesla, Krispy Kreme, Cinemark...

Check out the companies making headlines in midday trading. Altice USA — The cable television firm tumbled more than 12% after Wells Fargo downgraded the stock to underweight from equal weight. The bank is now skeptical on Altice's merger and acquisition prospects, analyst...