Active bond funds tend to beat stock-based peers. One top manager on strategy and interest rate outlook
Actively managed bond fund managers have the advantage of staying more nimble than their passively indexed peers, says Pimco's Jerome Schneider.
CNBC US News
Marvel's 'Eternals' tallies a $71 million opening at domestic box office
"Eternals" secured $71 million in ticket sales during its domestic debut, the fourth-highest opening of the pandemic.
Ford attracts younger and more female buyers with new $20,000 Maverick pickup
Ford says the 2022 Maverick – about the length of a Toyota full-size sedan but far cheaper – is already succeeding in attracting new, younger and female buyers.
Elon Musk says he's using a Twitter poll to determine the future of 10% of his Tesla shares
Musk previously indicated he was likely to sell "a huge block" of his options in the fourth quarter.
Officials confirm eight people, including two teens, are among the dead after Houston music festival stampede
Seven of the victims ranged from 14 to 27 years old, Mayor Sylvester Turner said during a Saturday afternoon press conference.
FBI reportedly executes search warrant at the home of Project Veritas founder linked to an investigation into Biden daughter's stolen diary
The FBI on Saturday searched the home of James O'Keefe, the founder of conservative outfit Project Veritas, the New York Times reported.
Ghost towns and toxic fumes: How an idyllic California lake became a disaster
Once a hot tourist destination, California's Salton Sea has become the worst environmental and public health crisis in modern history.
Restaurants face new challenge: A shortage of take-out containers and coffee cups
Snarls in the global supply chain are making it more difficult for restaurants to find enough straws, iced coffee cups and takeout containers.
House Democrats scramble late into the night to win support for Biden's economic plans
House Democrats were struggling to build support for the bipartisan infrastructure bill and Democrats' social spending and climate plan.
Travel stocks rally, stay-at-home companies plunge as pandemic wanes and tourism rebounds
Pfizer said on Friday its Covid-19 pill could cut hospitalization risk or death by 89%, and the U.S. prepares to lift international travel bans Nov. 8.
GM-backed Cruise seeks final approval to commercialize robotaxis in San Francisco
The self-driving start-up said Friday it submitted for an autonomous vehicle deployment permit with the California Public Utilities Commission.
American Airlines jacks up flight attendant holiday pay to avoid more flight cancellations
American Airlines offers as much as triple-flight attendant pay for working holiday trips if they also have perfect attendance through Jan. 2.
Rivian raises IPO price range and could now be worth up to $65 billion
Rivian plans to offer 135 million shares priced between $72 and $74, up from $57 to $62, it said in an updated securities filing on Friday.
Pfizer says its Covid pill with HIV drug cuts the risk of hospitalization or death by 89%
Pfizer said its Covid-19 pill, used with an HIV drug, cut the risk of hospitalization or death by 89% in high-risk adults who've been exposed to the virus.
Pfizer board member Gottlieb says the Covid pandemic could be over in the U.S. by January
"These mandates that are going to be put in place by Jan. 4 really are coming on the tail end of this pandemic," said Gottlieb, who sits on Pfizer's board.
Texas to challenge constitutionality of Biden administration's new Covid vaccine mandate in lawsuit
Texas Attorney General Ken Paxton filed a petition for review in the U.S. 5th Circuit Court of Appeals challenging the validity of Biden's mandate.
Emergent Biosolutions shares plunge by more than 37% after U.S. cancels deal with Covid vaccine maker
The company will forgo $180 million due to the contract's termination, executives told investors on a call.
Barclays subpoenaed by U.S. Virgin Islands over connections to late sex criminal Jeffrey Epstein
News of the subpoenas came days after Barclays announced its CEO, Jes Staley, would quit following an investigation into his relationship with Epstein.
Unemployment rate rose for women and stayed flat for Black workers in October, even as overall jobs numbers improved
The unemployment picture improved for Americans overall in October, but not for women and Black workers.
Biden meets with Fed leaders Powell and Brainard as nomination decision nears
President Joe Biden met with Federal Reserve Chairman Jerome Powell and Governor Lael Brainard this week, a source told CNBC.
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