Category: Market
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Trade setup for Monday: 15 things to know before opening bell
Nifty might consolidate around current levels before getting into strong mood After recent consolidation, the bulls seem to have gained solid strength as the market recorded sharp upmove for second consecutive session and moved closer to 21,500 mark on December 15. The momentum indicator RSI (relative strength index) also showed positive bias, but reached to…
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How to Make the Most of Your FSA Money Before It Disappears
The flexible-spending account, or FSA, is one of two common ways of paying for healthcare expenses tax-free. With an FSA, employees can deduct a certain amount of money from their paychecks each year—the maximum was $3,050 in 2023—to cover expenses not paid by their insurance such as doctor and prescription copays. The FSA is often…
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This ETF offering could become next year's hot product
BNY Mellon’s global head of ETFs suggested exchange-traded funds using options overlays could become next year’s hot product. “We are absolutely going to see more of these options-based products come to market,” Ben Slavin told CNBC’s “ETF Edge” on Monday. “We see it in our own book.” Options overlays are a way for investors to…
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Indian markets achieve 7th straight week of gains, hit fresh milestones
December 16, 2023 / 09:30 AM IST Indian markets extended their winning streak for the seventh consecutive week with benchmarks hitting new lifetime highs in the week ended December 15 led by positive global as well as domestic cues, including dovish Fed stance, FII buying, better macro data, and, no change in the policy rates…
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Citigroup employees, on edge over layoffs, told they can work remotely until the new year
Jane Fraser, CEO of Citigroup, testifies during a Senate Banking Committee hearing at the Hart Senate Office Building on December 06, 2023 in Washington, DC. Win Mcnamee | Getty Images Citigroup told most of its employees that they can work remotely the final two weeks of December, CNBC has learned. Workers can log in remotely…
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Expecting a package this holiday? If so, don't fall victim to delivery scams
Andresr | E+ | Getty Images Are you expecting a package delivery this holiday season? If so, scammers may try to dupe you with bogus emails or text messages about a shipment to steal your personal information, the Federal Trade Commission warned in a consumer alert. People who buy items online typically get several notifications…
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'If it's the best, why can't you just hold it?' Cramer asks of Costco
Every weekday the CNBC Investing Club with Jim Cramer holds a Morning Meeting livestream at 10:20 a.m. ET. Here’s a recap of Friday’s key moments. 1. U.S. stocks edged up slightly in midmorning trading Friday, with the S & P 500 up 0.1% and the Nasdaq Composite gaining 0.5%. The market lost steam after New…
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Fed’s John Williams says the central bank isn't 'really talking about rate cuts right now'
New York Federal Reserve President John Williams said Friday rate cuts are not a topic of discussion at the moment for the central bank. “We aren’t really talking about rate cuts right now,” he said on CNBC’s “Squawk Box.” “We’re very focused on the question in front of us, which as chair Powell said… is,…