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☆ 'You're never too young' to make this crucial money move, says BlackRock investing chief
▼ + stars: | 2024-04-15 | by ( Ryan Ermey | ) www.cnbc.com time to read: +2 min

Talk to enough old-school investing types and you're bound to hear a classic aphorism come up again and again: There are no free lunches. For younger investors though, one thing comes close to the proverbial sandwich on the house, says Gargi Chaudhuri, chief investment and portfolio strategist, Americas, at BlackRock. You're never too young," she says. Start investing early to maximize returnsChaudhuri gets it if you're young and aren't yet thinking about retirement. If you're early on in your investing journey, you don't have to think about the ins and outs of life after working just yet.

Persons: they're, you'll, Gargi Chaudhuri, It's, Chaudhuri, you've Locations: Americas, BlackRock

☆ Tension in the Middle East, hot inflation rattle stocks. Take these steps to shore up your portfolio
▼ + stars: | 2024-04-15 | by ( Darla Mercado | Cfp | ) www.cnbc.com time to read: +4 min

Conflict in the Middle East escalated over the weekend as Iran launched drones and missiles at Israel, and traders braced for a response. Investors have already been on edge as of late amid climbing oil prices and recent economic data that shows inflation is remaining sticky. Rockier times could be ahead, too, noted Paul Christopher, head of global investment strategy at Wells Fargo Investment Institute. Tax-loss harvesting involves selling losers in your taxable account and using these losses to offset realized gains within your portfolio. Extending duration involves adding exposure to bonds with greater price sensitivity to changes in rates.

Persons: Paul Christopher, Christopher, rebalancing, Gargi Pal Chaudhuri Organizations: Wells, Wells Fargo Investment Institute, Information Technology, Communications Services, BlackRock, Treasury Bond ETF Locations: Fresh, Iran, Israel, Wells Fargo, BlackRock

☆ Income investing opportunities emerge as the outlook for rate cuts moves to September
▼ + stars: | 2024-04-11 | by ( Darla Mercado | Cfp | ) www.cnbc.com time to read: +4 min

IEI has a 30-day SEC yield of 4.26% and carries an expense ratio of 0.15%. BINC, which is actively managed, has a 30-day SEC yield of 5.6% and a net expense ratio of 0.4%. Investors can use ETFs to tackle that space: Vanguard's Intermediate-Term Corporate Bond ETF (VCIT) has a 30-day SEC yield of 5.33%. There's also the iShares 5-10 Year Investment Grade Corporate Bond ETF (IGIB) , offering a 30-day SEC yield of 5.4%. Hunting dividend payers Higher rates have overshadowed opportunities among dividend-paying stocks, which look less attractive to income investors who can find risk-free yields easily.

Persons: it's, Michael Carbone, Carbone, Gargi Chaudhuri, Collin Martin, There's, Michael Clarfeld Organizations: Dow Jones, Traders, Federal, Treasury Bond ETF, SEC, Schwab Center, Financial Research, Corporate Locations: Chelmsford , Massachusetts, BlackRock, ClearBridge

☆ BlackRock says this is the 'last best opportunity' to buy these bonds
▼ + stars: | 2024-04-05 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +3 min

"We believe the recent back up in rates is probably the last best opportunity to extend duration," wrote Gargi Pal Chaudhuri, chief investment and portfolio strategist, Americas, at BlackRock. Generally speaking, the value of a bond goes up as interest rates go down, with longer-dated bonds seeing the biggest gains. While bond funds have been seeing inflows this year, there are still plenty of investors with excess cash in short-term accounts. Different funds that offer that type of exposure include the iShares 3-7 Year Treasury Bond ETF (IEI) , the SPDR Portfolio Intermediate Term Treasury ETF (SPTI) and the Vanguard Intermediate-Term Treasury ETF (VGIT) . Investors shouldn't go overboard with adding duration, because the long-term bonds on the market carry extra risk, Akullian said.

Persons: BlackRock's, Gargi Pal Chaudhuri, Kristy Akullian, It's, Akullian, Investors shouldn't Organizations: Treasury, Federal, Investment Company Institute, BlackRock, CNBC, Treasury Bond ETF, Research, Investors Locations: Americas, BlackRock, US10Y

☆ Pakistan's ex-PM Nawaz Sharif declares victory in fraught election as opponents claim vote rigging
▼ + stars: | 2024-02-09 | by ( Natasha Turak | ) www.cnbc.com time to read: +2 min

Campaign posters for Nawaz Sharif, Pakistan's former prime minister, along a street ahead of Pakistan's national election in Lahore, Pakistan, on Friday, Feb. 2, 2024. Pakistan's former Prime Minister Nawaz Sharif declared victory on Friday in the country's 2024 General Election, one that many Pakistanis and human rights groups are decrying as neither free nor fair. Sharif, 74, cited the Election Commission of Pakistan in saying that his party, the Pakistan Muslim League-Nawaz (PML-N), had won the largest share of the national vote. "Former Prime Minister Nawaz Sharif will almost certainly win," Chaudhuri said as the polls opened. A lifetime ban from partaking in politics and multiple corruption convictions for Sharif were overturned by Pakistani courts last year.

Persons: Nawaz Sharif, Imran Khan, Pramit Pal Chaudhuri, Chaudhuri, Sharif, mending Organizations: Pakistan Muslim League, Nawaz, Eurasia Group, CNBC Locations: Lahore, Pakistan, Sharif, South Asia, U.K

☆ Pakistan's elections will 'almost certainly not' be free and fair, analyst says
▼ + stars: | 2024-02-08 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPakistan's elections will 'almost certainly not' be free and fair, analyst saysPramit Pal Chaudhuri, practice head for South Asia at Eurasia Group, says this election is "easily one of the most blatant in terms of the degree of interference by the military."

Persons: Pramit Pal Chaudhuri Organizations: Eurasia Group Locations: South Asia

☆ Why that ‘last mile’ of the inflation fight may be more challenging
▼ + stars: | 2024-01-22 | by ( Greg Iacurci | ) www.cnbc.com time to read: +5 min

Inflation measures how fast prices are rising for goods and services — anything from concert tickets and haircuts to groceries and furniture. That means further broad disinflation likely won't come from consumer goods, economists said. In fact, attacks by Houthi rebels on ships in the Red Sea threaten to disrupt a key transit corridor and may trigger higher goods inflation if it persists, El-Erian explained. While down from more than 7% last year, services inflation still sits at 5.3%. Why this may all be 'nonsense'Not all economists think the last mile of disinflation will be harder than what came before, however.

Persons: Robyn Beck, Mohamed El, We're, Gargi Chaudhuri, Houthi, Erian, Chaudhuri, Mark Zandi, Sarah House, Paul Ashworth Organizations: Afp, Getty, Allianz, Queens ' College, University of Cambridge, CNBC, Americas, BlackRock, Finance, of Labor Statistics, Labor, Moody's Analytics, Wells, Wells Fargo Economics, Capital Economics Locations: Los Angeles, U.S, Wells Fargo

☆ Can Tequila Really Go Global? This Booze Boss Is Giving It a Shot
▼ + stars: | 2023-11-14 | by ( Saabira Chaudhuri | ) www.wsj.com time to read: 1 min

LONDON—Shortly after taking the helm at the world’s largest spirits maker, Diageo CEO Debra Crew made a bold proclamation: She plans to take tequila global. Following a surge in popularity in the U.S., tequila is on track to become the country’s largest spirit this year, an extraordinary milestone for a drink once associated mainly with sugary margaritas and eye-watering shots.

Persons: Debra Crew Organizations: Diageo Locations: U.S

☆ New Diageo Boss Bets She Can Make the World Love Tequila
▼ + stars: | 2023-11-14 | by ( Saabira Chaudhuri | ) www.wsj.com time to read: 1 min

Persons: Debra Crew Organizations: Diageo Locations: U.S

The labor market continues to show resilience, with the number of job openings barely budging in late September at 9.6 million, the Labor Department said on Wednesday. Economists had predicted job openings would decline to around 9.278 million, but the number at 9.6 million was more or less in line with the revised 9.5 million a month earlier. Job openings increased in accommodation and food services with 141,000 positions added as well as in arts, entertainment, and recreation, up by 39,000. While that was below estimates of a 150,000 gain, it was an increase from the 89,000 jobs created in September. The Federal Reserve has been looking for the labor market to slow, and on Friday the government will report the number of jobs created in October.

Persons: Economists, ”, Gargi Chaudhuri Organizations: Labor Department, Federal Reserve Locations: Americas

(AP) — As the United States injects hundreds of billions of dollars into clean energy through its signature climate law, known as the Inflation Reduction Act, criticism is growing louder about where, how and whether new development should be allowed. MIT is offering a first-of-its-kind course that trains students to be mediators in conflicts over clean energy projects. Students get academic credit and hands-on experience addressing real-world dilemmas, while the community and developer get free help resolving conflict. In one recent Friday afternoon class, students debated everything from environmental justice concerns to misinformation to oil companies. He hopes to create a similar national consortium of universities serving communities and projects in their respective regions regarding clean energy.

Persons: ”, Larry Susskind, Susskind, stokes, ” Susskind, ” Leyla Uysal, “ It’s, “ We’re, ” It’s, Abraham Silverman, he’s “, Silverman, Larry, Patrick Field, ” Chaudhuri, Sarah Mills Organizations: Massachusetts Institute of Technology, MIT, Cipher News, Associated Press, Washington D.C, Cell, MIT Renewable Energy Clinic, Harvard University, Power, Google, Columbia University, New, New Jersey Board of Public Utilities, Consensus, “, ”, University of Michigan, AP Locations: CAMBRIDGE, United States, Washington, New York, California, Chicago, Michigan, New Jersey, Cambridge, loggerheads

☆ Unilever Promotes U.S. Head to Be Its New Marketing Chief
▼ + stars: | 2023-10-25 | by ( Suzanne Vranica | Saabira Chaudhuri | ) www.wsj.com time to read: 1 min

Unilever has been trying to jump-start growth in the U.S. under the leadership there of Esi Eggleston Bracey, who is now becoming the company’s chief growth and marketing officer. Photo: Peter Forest/Getty ImagesUnilever , one of the world’s largest advertisers, is set to name its U.S. head Esi Eggleston Bracey as its new marketing chief, according to people familiar with the matter. Bracey currently leads the consumer goods giant’s business in the U.S. as well as serving as its North America personal care head. She will now take on the duties of Conny Braams , who stepped down in August.

Persons: Eggleston, Peter Forest, Bracey, Conny Braams Organizations: Unilever, Getty Images Unilever, North Locations: U.S, North America

☆ Oil prices and the dollar surged in the third quarter. These ETFs can help you reset your portfolio
▼ + stars: | 2023-09-30 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +7 min

.DXY 1Y mountain The dollar index hit new highs for 2023 in September. "Energy equities haven't really kept up with the energy market rally," she added. The latest iShares outlook highlighted the firm's U.S. Energy ETF (IYE) as a way to play higher oil prices. Other major funds in that category include the Energy Select Sector SPDR Fund (XLE) , the Vanguard Energy Index ETF (VDE) and the Fidelity MSCI Energy Index ETF (FENY) . Investors can outsource currency market decisions in the form of managed futures ETFs, which have exposure to currency markets in addition to other asset classes.

Persons: Gargi Chaudhuri, Morgan Stanley, Sasikanth Chilukuru, It's, Chaudhuri, Todd Sohn, Sohn, Andrew Beer, Beer, You've, Anastasia Amoroso, There's, Amoroso Organizations: Texas, BlackRock, iShares, Energy, U.S . Energy, Vanguard Energy, Fidelity MSCI Energy, Wall, U.S ., Invesco DB, Fund, WisdomTree Bloomberg, Investors, Global, Apple, Nvidia Locations: U.S, Saudi Arabia, DBi, Japan

☆ Millions of People See Staying Home and Cleaning as Their Idea of a Good Time
▼ + stars: | 2023-09-22 | by ( Saabira Chaudhuri | ) www.wsj.com time to read: 1 min

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Persons: Dow Jones

☆ Budweiser Parent to Stop Cutting Tails Off Clydesdale Horses After Pressure From Activists
▼ + stars: | 2023-09-20 | by ( Saabira Chaudhuri | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/business/budweiser-parent-to-stop-cutting-tails-off-clydesdale-horses-after-pressure-from-activists-40cfdf62

Persons: Dow Jones, 40cfdf62 Organizations: clydesdale

☆ India's G20 presidency risks ringing hollow as Ukraine war dashes hopes of consensus
▼ + stars: | 2023-09-05 | by ( Clement Tan | ) www.cnbc.com time to read: +10 min

US President Joe Biden, right, and Narendra Modi, India's prime minister, at an arrival ceremony during a state visit on the South Lawn of the White House in Washington, DC, US, on Thursday, June 22, 2023. One of the risks is that by elevating India's presidency of the G20 so much, there are now expectations for India to deliver some concrete breakthroughs. Russia-Ukraine impasseIndeed, the specter of Russia's Ukraine invasion has loomed large over G20 meetings for the various tracks that India has convened. He even labeled it the "biggest achievement" of India's G20 presidency so far — despite Russia and China abstaining. This development serves to buttress India's burgeoning economic clout, the basis of its greater confidence and assertiveness geopolitically.

Persons: Joe Biden, Narendra Modi, India's, haven't, Manjari Chatterjee, Modi, Manjari Chatterjee Miller, Vladimir Putin, Xi Jinping, Putin, Pramit Pal Chaudhuri, Chaudhuri, Sergei Lavrov —, Putin —, CFR's Miller, Eurasia Group's Chaudhuri, Subrahmanyam Jaishankar, Sumedha Dasgupta, Biden, Taiwan —, assertiveness, It's, Pravin Krishna Johns Organizations: White, Bloomberg, Getty, Indian, Shanghai Cooperation Organization, Manjari Chatterjee Miller, Foreign, Council, Foreign Relations, CNBC, Global, African Union, UN, Group Russia's, West, Bharatiya Janata Party, BJP, India's, Economist Intelligence Unit, Moscow, . Warming, Apple, Pravin Krishna Johns Hopkins University's School, International Locations: Washington , DC, New Delhi, India, Ukraine, Pakistan, South Asia, Washington ,, Russia, China, Varanasi, Bali, Eurasia, Asia, U.S, . Warming India, Malaysia, Philippines, Vietnam, Taiwan, Beijing

☆ Heineken Sells Russia Business…for $1
▼ + stars: | 2023-08-25 | by ( Saabira Chaudhuri | ) www.wsj.com time to read: 1 min

Persons: Dow Jones Organizations: heineken Locations: russia

☆ Saabira Chaudhuri — Consumer Goods and Retail Reporter at The Wall Street Journal
▼ + stars: | 2023-08-18 | by ( Saabira Chaudhuri | ) www.wsj.com time to read: 1 min

Saabira ChaudhuriSaabira Chaudhuri covers consumer goods and retail for The Wall Street Journal from London, with a focus on sustainability, health and how companies are adapting to fast-changing consumer behavior. She previously covered U.S. banks for the Journal from New York, and prior to that worked for Forbes, Fast Company and Mint. Saabira graduated from Mount Holyoke College and has a master's in business and economic reporting from New York University.

Persons: Saabira Chaudhuri Saabira Chaudhuri, Saabira Organizations: The Wall, Forbes, Fast Company, Mint, Mount Holyoke College, New York University Locations: London, U.S, New York

☆ Why This Coffee Giant Is Staying Put in Russia
▼ + stars: | 2023-08-18 | by ( Saabira Chaudhuri | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/business/retail/why-this-coffee-giant-is-staying-put-in-russia-1c7e9ffa

Persons: Dow Jones, 1c7e9ffa Locations: russia

☆ Bacardi’s Russia Business Grows as Other Booze Makers Leave Country
▼ + stars: | 2023-08-08 | by ( Saabira Chaudhuri | Alistair Macdonald | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/bacardis-russia-business-grows-as-other-booze-makers-leave-country-6060993f

Persons: Dow Jones Locations: russia

☆ Bud Light Boycott Sparks Big U.S. Profit Drop for AB InBev
▼ + stars: | 2023-08-03 | by ( Saabira Chaudhuri | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/ab-inbev-bud-q2-earnings-report-2023-90a57dee

Persons: Dow Jones Organizations: inbev

☆ Bud Light’s Plan to Win Back Drinkers: Stick to Beer
▼ + stars: | 2023-08-03 | by ( Saabira Chaudhuri | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/ab-inbev-bud-q2-earnings-report-2023-90a57dee

Persons: Dow Jones Organizations: inbev

☆ Americans’ Thirst for Diageo’s High-End Spirits Slows
▼ + stars: | 2023-08-01 | by ( Saabira Chaudhuri | ) www.wsj.com time to read: 1 min

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Persons: Dow Jones Organizations: diageo, dge

☆ Unilever Says Inflation Has Peaked as Sales Growth Rises
▼ + stars: | 2023-07-25 | by ( Saabira Chaudhuri | Joe Hoppe | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/dove-maker-unilever-still-raising-prices-as-volumes-slip-e79d7f21

Persons: Dow Jones Organizations: unilever

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/after-seizing-western-assets-russia-puts-chechen-official-local-businessman-in-charge-e94e12

Persons: Dow Jones Locations: russia

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