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How do investors trade volatile Indian markets after the country's surprising election result? Jayaraman manages Causeway's Emerging Markets Fund and International Opportunities Fund. The portfolio manager would focus on the small- to mid-cap segment of the Indian market, he told CNBC Pro Talks on June 19. "Since India is a strong secular growth market, we would say the mid and small-cap [market] is the place to be. With many international investors not able to access Indian stocks easily, Jayaraman also named a few ETFs that he likes.
Persons: Arjun Jayaraman, Narendra Modi's, Jayaraman Organizations: Markets Fund, International, Fund, MSCI, CNBC, REC Locations: bullish, India, South Korea, Taiwan, U.S
On Wednesday's Pro Talks , CNBC's Tanvir Gill will ask Jayaraman how to navigate investing in the country, as well as other emerging markets. The portfolio manager and head of quantitative research at Causeway manages its Emerging Markets Fund and International Opportunities Fund . Join CNBC Pro Talks on Wednesday, June 19, at 6:30 a.m. BST / 1:30 p.m. SGT / 1:30 a.m. Learn more from our previous Pro Talks: The market has 'completely missed' this 'critical' AI chip stock, says fund manager Move over Nvidia: Fund manager likes 'overlooked' chipmaker with billions in AI chip sales Will the AI spending boom pay off? One tech fund manager says it looks 'compelling' for some firms Related coverage from Pro: Looking for top alternatives to Nvidia?
Persons: It's, Narendra Modi, Arjun Jayaraman, CNBC's Tanvir Gill, Jayaraman, Tanvir Gill Organizations: India, Causeway, Markets Fund, International, Fund, MSCI, Big, Nvidia Locations: India
India has been dubbed the "perfect" emerging market to invest in, but it can be tricky for those outside the country to gain access. India's stock market has been making headlines this year, and for good reason. "India remains one of the best-performing equity markets this year, underpinned by the world's fastest-growing major economy and a resilient macro backdrop," said James Thom, senior investment director Asian equities at Abrdn, in a note to clients. Some of the top ETFs in North America include the Columbia India Consumer ETF , the First Trust India NIFTY 50 Equal Weight ETF and the BMO MSCI India ESG Leaders Index ETF . In Europe, the list includes the iShares MSCI India UCITS ETF , which provides exposure to around 85% of the stock market, and the Xtrackers MSCI India Swap UCITS ETF Capitalisation 1C .
Persons: Krishnamurthy Subramanian, Narendra Modi's, Kevin T, Carter, Goldman Sachs, James Thom, aren't, GDRs, Arjun Jayaraman, there's, Jayaraman, Abrdn's Thom, Surendra Goyal, Thom, EMQQ Global's Carter, Modi's, it's, Jonathan Pines, — CNBC's Ganesh Rao, Tuul, Bruno Morandi Organizations: CNBC Pro, IMF, Bharatiya Janata Party, EMQQ, CNBC, Wealthmills Securities, Global, Causeway, Mutual, Columbia India Consumer ETF, First Trust India, BMO, India, Nasdaq, Investors, Nokia, Bank of America, Citi, Edge, Reliance Industries, U.S ., Bank of India, Network18, Bank, Getty Locations: India, China, North America, Europe, Singapore, U.S, Indian, Chhatrapati Shivaji Terminus, Mumbai
Domino’s launched a promotion that rewards customers with $3 off a future online delivery order for every $3 or more they tip a Domino’s delivery driver. Domino’s “You Tip, We Tip” deal runs through mid-September. “Domino’s wants to say ‘thanks for the tip’ by tipping you back.”The promotional strategy serves several purposes for Domino’s. Tip fatigue is a problem for both Domino’s delivery drivers, who make a meaningful portion of their income from tips, and Domino’s business model. Domino’s delivery drivers’ pay is linked to tips.
Persons: Domino’s, Tip, , , “ Domino’s, Kimberly Whitler, RJ Hottovy, “ It’s, ” Domino’s, Jayaraman Organizations: New, New York CNN, Domino’s, University of Virginia’s Darden School of Business Locations: New York, Florida
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIndia is a beneficiary of some of China's problems, investment management firm saysArjun Jayaraman, head of quantitative research at Causeway Capital Management, says foreign direct investments into India are "a tailwind to the already strong structural tailwinds that India has."
Persons: Arjun Jayaraman Organizations: Causeway Capital Management Locations: India
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe see good dividend yields in the 'old economy' Chinese stocks: Portfolio managerArjun Jayaraman from Causeway Capital Management says being tactical and staying diversified is important when investing in Chinese stocks right now.
Persons: Arjun Jayaraman Organizations: Causeway Capital Management
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIndia and Taiwan are the top holdings in our emerging market portfolio: Causeway Capital ManagementArjun Jayaraman from Causeway Capital Management says small-to-mid cap Indian stocks offer lots of good opportunities whereas Taiwan stocks have the good mix of reasonable valuations and strong dividend yields.
Persons: Arjun Jayaraman Organizations: Causeway Capital Management Locations: India, Taiwan
After a months-long public campaign that began shortly after Mayor Brandon Johnson (right) took office in May, advocates reached a deal with restaurant industry lobbyists to phase out the tipped-minimum wage over five years. "The closest pending victory is in Chicago," said Saru Jayaraman, founder and president of the advocacy group One Fair Wage. Three-fourths said they would reduce the number of tipped workers on their payroll, and nearly half said the cuts would be significant. The $9.48 an hour wage most workers got cost the restaurant $5,449.61, he said, a fraction of the $17,198 in tips workers earned. That's one reason why the restaurant industry engaged in a kind of bidding war against itself, to find a compromise solution that politicians like Alderman Carlos Ramirez Rosa, Johnson's floor manager in the City Council, would buy.
Persons: Brandon Johnson, Scott Weiner, Covid, Hornick, Danny Meyer, Meyer, Chicago –, Saru Jayaraman, Michael Hornick hasn't, Callahan, That's, Weiner, Rick Rick Bayless, Topolobampo, Bayless, He's, , We've, We're, Johnson —, Democratic Socialist Alliance —, Alderman Carlos Ramirez Rosa, Sam Toia, Rosa Organizations: U.S . Department of Labor, Chicago, Illinois Restaurant Association, City Council, Chicago's, Wrigley, Farm, Frontera Grill, Michelin, Covid, Bar, Frontera, Frontera Group, Democratic Socialist Alliance, Chicago Sun, Times, Times , Illinois Restaurant, CNBC, Sun Locations: downtown, Chicago, York, Covid, Lakeview, Evanston, Frontera, Johnson's, City, Times ,
By the 1700's, tipping in Europe had evolved from masters tipping servants to customers tipping service-industry workers. Seven states passed anti-tipping legislation in the early 1900sBy the early 1900s, early grumblings about tipping had escalated into full-fledged anti-tipping movements. But in 1919, the Iowa Supreme Court ruled that the state's anti-tipping law was unconstitutional, and other states followed by striking down or repealing their own similar legislation. Tipping persists in the US todayDespite originating in Europe, tipping has become deeply ingrained in American culture. Today, while many Americans aren't fans of tipping, and some restaurants have tried doing away with the practice, tipping is unlikely to be banned anywhere in the US anytime soon.
How much should you tip your barista?
  + stars: | 2022-12-17 | by ( Nathaniel Meyersohn | ) edition.cnn.com   time to read: +8 min
There’s also often an option to leave a custom tip or no tip at all. Although consumers are accustomed to tipping waiters, bartenders and other service workers, tipping a barista or cashier may be a new phenomenon for many shoppers. Others feel guilty if they don’t tip or embarrassed if their tip is stingy. One barista in Washington State said that he understands if a customer doesn’t tip for a drip coffee order. Nearly 60% of Uber customers never tip, while only about 1% always tip, a 2019 University of Chicago study found.
But more recently, a tip prompt on credit card payments has been added as well. At the same time, those disgruntled at finding a new tip prompt generally direct their pique at the wrong target. Most either express pleasure at the opportunity to better compensate Starbucks workers or outrage at the expectation of the surcharge. At the same time, those disgruntled at finding a new tip prompt generally direct their pique at the wrong target. There are two types of tip creep inching ever upward like a vine snaking its way along a trellis.
A report says Midwest startups took in over $15 billion in funding from July 2021 to June 2022. This list showcases the top investors across the Midwest from cities like Chicago and St. Louis. It hasn't been an easy year for tech startups as valuations have tanked and funding has dried up, resulting in widespread layoffs. For this list, we asked venture capitalists from across the country about the Midwest investors to know. To qualify, an investor needed to be a resident of the Midwest, but their firms and portfolio companies could be anywhere.
He spoke with Saru Jayaraman of UC Berkeley's Food Labor Research Center about tipped workers. Women and people of color who work for tips always earn significantly "less than white, male tipped workers," Jayaraman said, "because of the biases we all carry as customers. Employer justifications for the subminimum wage tend to fall apart under the slightest examination. Restaurant workers in these seven states have for years taken home more than the federal tipped minimum wage per hour with no negative effects on the restaurant industry. The pandemic has worsened conditions for restaurant workers, and many of them have decided that the subminimum wage isn't worth the hassle.
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