The Defiance S&P 500 Enhanced Options Income ETF (NYSEARCA:JEPY) is a recently established actively managed ETF with an objective to deliver consistent and outsized monthly yield distributions coupled with equity market exposure to the S&P 500. Since the Fund was incorporated only a couple of months ago the history is…

Some commercial real estate lenders are currently in a state of flux as previously safe and stable property asset classes like offices and urban hotels get disrupted by the now entrenched post-pandemic working-from-home trend. Hence, TPG RE Finance Trust, Inc. (NYSE:TRTX) has experienced a significant level of earnings volatility despite…

The judge presiding over the high-stakes civil business fraud trial of former President Donald Trump harshly questioned the credibility of a key expert defense witness, suggesting his testimony was influenced by his nearly $900,000 fee.The expert, New York University Accounting Professor Eli Bartov, told CNBC he was “shocked” by the…

Tesla has informed workers at its battery factory in Sparks, Nevada, that some set-rate hourly workers there will see pay increases around 10% starting in early January 2024.According to internal materials seen by CNBC, and workers at the plant who were informed of “cost of living adjustments,” Tesla will bump…

2023 may have begun on a more gloomy note amid the Fed’s rate hikes, but the year is ending with a resurgence in optimism. Yet, most of the 2023 performance has been driven by a small group of stocks (‘the magnificent 7’); this narrow rally means overall market breadth now…

North Korea fired what appeared to be a long-range ballistic missile on Monday, South Korea’s military said, its second missile launch in less than 12 hours as Pyongyang condemned a U.S.-led show of force against the nuclear armed state.The missile was fired from an area near the capital Pyongyang towards the sea off…

U.S. stock futures traded near the flatline Sunday night after the three major averages notched their seventh straight week of gains. The Dow Jones Industrial Average recorded a new intraday record, and the Nasdaq 100 had a new closing high. Futures tied to the Dow industrials added 34 points, or 0.1%.…

Here’s a riddle. What do Blockbuster, Borders, Tower Records, and Kodak have in common? You are correct if you said they all went out of business (or declared bankruptcy) after failing to adapt to the internet and digital age. If you said they have all become incredible lessons of what…

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…

We’ve all had that one friend whose tab is perpetually growing. Venmo requests for a split group tab always seem to get overlooked or perhaps they do a symbolic reach for their wallet when the server places the bill on the table — but no money actually ever materializes.If you’re…