Blackstone reveals how to make money in India and mistakes to avoid
India’s economic growth story is a stunning one — but the question of where investors should park their money is not always straightforward, with one Blackstone executive highlighting a common mistake. India is set to become the world’s third-largest economy by 2027, according to its finance ministry . The country’s stock market has also been […]
How to use ChatGPT advanced voice mode from OpenAI
OpenAI has launched advanced voice mode for audio chats with ChatGPT. Jordan Novet, CNBC ChatGPT is ready for more natural audio chats. OpenAI said Tuesday that its popular chatbot now has an advanced voice feature for people who pay for the premium service. The tool allows for more fluid conversations. The release will continue through […]
How to invest for a lower interest rate environment
It could be time to rethink popular portfolio strategies for a lower interest rate environment. The Federal Reserve’s half-percent rate cut on Wednesday marked the first time in more than four years it moved to lower the benchmark interest rate. According to VanEck CEO Jan van Eck, investors should start thinking about how the changing […]
Here’s how to reduce a ‘tax bomb’ on an inherited IRA
Greg Hinsdale | The Image Bank | Getty Images If you’ve inherited a pretax individual retirement account since 2020, you could face a sizable tax bill without proper planning, experts say. Previously, heirs could take inherited IRA withdrawals over their lifetime, known as the “stretch IRA.” However, the Secure Act of 2019 enacted the “10-year […]
How to invest for next decade with New York Life’s Lauren Goodwin
Longer-term investors should ignore the daily racket surrounding interest rates and focus on generating income over the next 10 years, according to New York Life economist and chief market strategist Lauren Goodwin. It’s easy to get caught up in the day-to-day fodder, especially during a week like this one, according to Goodwin, who spoke to […]
What ‘No Spend September’ is and how to know if you should participate
Solstock | E+ | Getty Images Victoria Szafarski currently has $10,000 in credit card debt. The New Yorker’s outstanding balance peaked at $25,000 last year, before she took on a second job as a waitress for a few months. The extra cash Szafarski brought in helped her make headway paying down the debt and increase […]
Gold keeps rising to record after record. How to play it from here with options
Gold is at a new record around $2,610 per ounce — more than ten times the low of just over $253 per ounce in 1999. For 2024, the U.S. government is set to spend a record $1.2 trillion on interest payments, surpassing military spending for the first time. These developments are likely related. Here’s how […]
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How to play the stock
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Ben Reitzes, Melius Research head of technology research, joins ‘Squawk Box’ to discuss Nvidia’s recent stock performance, if Nvidia’s stock will track macroeconomic concerns, and much more. Source link
What dorm insurance is and how to know if your college kid needs it
Terry Vine | Getty Images As “DormTok” social media posts entice college students to design elaborate dorm rooms — “the stakes of dorm decor have never been higher,” according to House Beautiful — parents may be wondering if they have the right insurance coverage to protect all those purchases. Enter: “dorm insurance.” Before signing up, […]