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☆ Cricket, a big business in India, brings star power to the U.S. with the country's first world cup
▼ + stars: | 2024-04-21 | by ( Laya Neelakandan | ) www.cnbc.com time to read: +5 min

USA Cricket Vice-Captain Aaron Jones poses next to a giant cricket ball, installed at a marketplace to mark 100 days to go for the ICC Men's T20 World Cup, in Miami, Florida, on Feb. 22, 2024. But the sport has boomed in India, the world's most populous country, as well as some other former British colonies. And now, the U.S. men's national cricket team will represent the home country in this year's International Cricket Council Men's T20 World Cup. While traditional cricket matches can last as long as five days, a T20 match typically lasts around three hours. The early June world cup matchups will bring some of that star power to the U.S., with a high-profile India-Pakistan competition and culminating in a U.S.-India match.

Persons: Aaron Jones, Chandan Khanna, Peter Della Penna, it's, Disney, Forbes, RedBird, Jay Shah, Della Penna, —, Liam Plunkett, Dwayne Bravo, Mike Stobe, Tasmai Krishnan, Tasmai, he's Organizations: USA Cricket, ICC, Afp, Getty, U.S . Cricket, Major League Cricket, Los Angeles Knight Riders, MI, San Francisco Unicorns, Seattle, Seattle Orcas , Texas Super Kings, Washington, team, International Cricket Council, U.S, West, New York —, ESPN, Cricket, Disney Star Network, Indian Premier League, IPL, Rajasthan Royals, Control, NFL, BCCI, Angeles Olympic, Times, Icc, U.S . Locations: Miami , Florida, U.S, England, India, MI New York, Seattle Orcas , Texas, West Indies, —, Texas , Florida, New York, Success, Australia, New Zealand, Pakistan, South Africa, New York City

☆ In India’s 2024 election, BJP’s main opposition appears increasingly weak in face of Modi juggernaut
▼ + stars: | 2024-04-20 | by ( Helen Regan | Rhea Mogul | ) edition.cnn.com time to read: +21 min

Supporters of India's opposition party, Indian National Congress, during an election rally in Puducherry on April 15, 2024 R. Satish Babu/AFP/Getty ImagesDemocracy under threat? Dipam Bhachech/Hulton Archive/Getty Images Modi worked his way through the ranks of the BJP, establishing himself as a respected politician. Tobias Schwarz/AFP/Getty Images Modi hugs French President Emmanuel Macron after a ceremony at the Arc de Triomphe in Paris, on June 3, 2017. Brent Lewin/Bloomberg/Getty Images India's Prime Minister Narendra Modi addresses Congress at the US Capitol in Washington, DC, on June 22, 2023. Pedro Ugarte/AFP/Getty Images Modi offers a toast during a State Dinner with President Joe Biden at the White House in Washington, on June 22, 2023.

Persons: ”, Narendra Modi, Mallikarjun Kharge, Indira Gandhi, Gandhi, ” Hazari Lal Rajput, Satish Babu, Modi, Modi’s, Matthew Abbott, Hiraben, Damodardas, Dipam Bhachech, Lal Krishna Advani, Subhas Chandra Bose, Kalpit Bhachech, Kalpit, Negi Yasbant, Amit Dave, Ajit Solanki, Kevin Frayer, Saurabh Das, AP Modi, Manish Swarup, Lucas Jackson, Barack Obama, Adrien Helou, Reuters Modi, Adnan Abidi, Stringer, Mark Zuckerberg, David Paul Morris, Marco Longari, Angela Merkel, Tobias Schwarz, Emmanuel Macron, Charles Platiau, Saudi Arabia's Crown Prince Mohammed bin Salman, India's, Jair Bolsonaro, Vladimir Putin, Xi Jinping, Amit Shah, Money Sharma, Boris Johnson, Phil Noble, Anthony Albanese, Brent Lewin, Pedro Ugarte, Joe Biden, Doug Mills, Paul Mashatile, Jacoline, Imtiyaz Khan, Amr Alfiky, Arati Jerath, “, it’s, Rahul Gandhi, Rajiv Gandhi, Indira, India’s, Jawaharlal Nehru, gunning, ” Modi, shouldn’t, Mohammad Irfan, —, Arvind Kejriwal, Altaf Qadri, Kejriwal, Atishi, you’re, Jerath, Gandhi ‘, ’ Modi, Christophe Jaffrelot, CNN Modi, Rasheed Kidwai, Rahul, Diptendu Dutta, Mamata Banerjee, Muthuvel Karunanidhi Stalin, ” Kidwai, ” Jerath Organizations: CNN, Bharatiya Janata Party, BJP, Indian National Congress, Getty, Democracy, Modi’s BJP, Pew, New York Times, Rashtriya Swayamsevak Sangh, Modi, Hospital, Narendra, India Today, AP, India's, Madison, Garden, Reuters, Washington , D.C, French National Space Agency, of Yoga, Meta, Facebook, Bloomberg, European, Saudi Arabia's Crown, Rashtrapati Bhavan, Kyodo, British, Summit, Qudos Bank, White, Anadolu Agency, Anadolu, United, United Arab Emirates, Developmental Inclusive Alliance, Indian, Aadmi Party, Delhi, AAP, Aam Aadmi Party, All, Trinamool, West, All India, Congress, “, “ Democracy Locations: India, Uttar Pradesh, Ramlila, Puducherry, Modi’s, Sydney, Australia, Gujarat, Ahmedabad, Ahmadabad, Varanasi, New Delhi, United States, Washington, Washington ,, Toulouse, France, Xian, AFP, Menlo Park , California, U.S, Pretoria, South Africa, China, Berlin, Paris, Rashtrapati, Russian, Brasilia, Glasgow, Red, Ayodhya, Abu Dhabi, United Arab, INDIA, Delhi, India’s, Lok Sabha, Atishi, ”, Manipur, Siliguri, West Bengal, Tamil

He was a model to me of artistic labor and discipline, even if those early paintings were painfully amateurish. The painting followed me from Amherst to my first job in New York, and on to London and Delhi. IT WASN’T MY intention to start an essay about artistic beginnings with a story of artistic death. I’m especially moved by those first moments of validation by which an artist comes out to himself, as it were. It’s this, the inexorability of the correspondence between an artist and the world, that gives those first steps their magical quality.

Persons: Naipaul, Neil Shah, James Wood —, Zack, who’d, ”, Artemisia Gentileschi, Susanna, Elders ”, I’m, ” Gustave Flaubert, “, ” Zack, it’s, Bruce Chatwin, Paul Gauguin, Salman Rushdie, Somerset Maugham, Kathryn Bigelow, Philip Glass, Arundhati Roy, Booker, Joseph Conrad, Conrad, Jacques, ” Conrad, brimming, ’, ’ ”, Clarice Lispector, Benjamin Moser, ” Lispector, Maugham, eludes, Jan van Kessel, Elder, — Pieter Bruegel, —, Rebecca West —, “ Black Lamb, J.R, Hammond, Wells, Rebecca West ”, sloughed, Henrik Ibsen’s, Rosmersholm ”, Karan Mahajan, Salman Toor, what’s, ” Hemingway, Anoushka Shankar, Ravi Shankar, Harold Bloom, Ravi, Uday, René Daumal, Rasa ”, ” Anoushka, Norah Jones, Norah, I’ve, “ Raphael, Rachel Cusk, Italy ”, Perugino, Raphael, Cusk, J.M, Samuel Beckett, Gabriel García Márquez, Thomas Pynchon’s, James Joyce, Michelangelo, Leonardo da Vinci, Marcel Proust’s, Fyodor Dostoyevsky, Read, Emma Kehlbeck, Quinton Kamara Organizations: Amherst College, Elders, Fayerweather, ”, Google, Sunday Times, Somerset, Yugoslavia, The, “, . Locations: Delhi, ”, Massachusetts, Italian, Topeka, Kan, Amherst, New York, London, Patagonia, New Delhi, Torrens, Cambridge, Polish, Ukrainian, Brazil, Flemish, Victorian England, “ H.G, Fairfield, United States, “, East, Lahore, Europe, America, Texas, Side, Manhattan, India, Italy

☆ Wayfair is opening its first-ever physical furniture store
▼ + stars: | 2024-04-18 | by ( Parija Bhatnagar | Parija Kavilanz | ) edition.cnn.com time to read: +3 min

New York CNN —Online furniture and home furnishings seller Wayfair is set to open its first-ever namesake store next month, the company announced Thursday. It will also feature an onsite restaurant called “The Porch,” the company said, taking a page out of Ikea’s store setup. Furniture stores need to always be advertising, Saunders added, because people generally don’t buy furniture very often. This is particularly important in furniture and finishings where people like to see and try out products before buying,” Saunders said. “If this store is successful then it could be the start of wider physical expansion for Wayfair,” Saunders said.

Persons: Joss, ”, Neil Saunders, Saunders, Wayfair, it’s, Niraj Shah, Wayfair “, “ It’s, ” Saunders Organizations: New, New York CNN —, GlobalData Locations: New York, Edens, Wilmette , Illinois

He was a model to me of artistic labor and discipline, even if those early paintings were painfully amateurish. IT WASN’T MY intention to start an essay about artistic beginnings with a story of artistic death. No one captured the massive cultural and economic disparities of my life in Delhi (and his in Lahore) like Toor. But quite unbeknown to me, Toor’s life in New York had opened up a new vein of material. Not everyone who sees a Michelangelo can go off and paint a Michelangelo.”THERE ARE SO many ways to begin.

☆ Narendra Modi: India’s popular but controversial leader seeking a transformative third term
▼ + stars: | 2024-04-15 | by ( Rhea Mogul | ) edition.cnn.com time to read: +26 min

Varanasi and New Delhi CNN —Indian Prime Minister Narendra Modi once famously made a simple election promise: “good days are coming”. India's Prime Minister Narendra Modi addresses his supporters during an election campaign rally in Pushkar on April 6, 2024. India's Prime Minister Narendra Modi speaking during a rally in Sydney, Australia, on May 23, 2023. Kalpit Bhachech/Getty Images Narendra Modi, then BJP secretary is welcomed at Ahmedabad Railway Station by the party's followers on January 31, 1992. Brent Lewin/Bloomberg/Getty Images India's Prime Minister Narendra Modi addresses Congress at the US Capitol in Washington, DC, on June 22, 2023.

Persons: Narendra Modi, Modi, Himanshu Sharma, Getty Images Modi, –, ”, Saba Naqvi, “, Vajpayee, Naqvi, Dileep Patel, John Mees, Akash Jaiswal, “ We’ve, ” Jaiswal, isn’t, Matthew Abbott, Hiraben, Damodardas, Dipam Bhachech, Lal Krishna Advani, Subhas Chandra Bose, Kalpit Bhachech, Kalpit, Negi Yasbant, Amit Dave, Ajit Solanki, Kevin Frayer, Saurabh Das, AP Modi, Manish Swarup, Lucas Jackson, Barack Obama, Adrien Helou, Reuters Modi, Adnan Abidi, Stringer, Mark Zuckerberg, David Paul Morris, Marco Longari, Angela Merkel, Tobias Schwarz, Emmanuel Macron, Charles Platiau, Saudi Arabia's Crown Prince Mohammed bin Salman, India's, Jair Bolsonaro, Vladimir Putin, Xi Jinping, Amit Shah, Money Sharma, Boris Johnson, Phil Noble, Anthony Albanese, Brent Lewin, Pedro Ugarte, Joe Biden, Doug Mills, Paul Mashatile, Jacoline, Imtiyaz Khan, Amr Alfiky, Patel, India’s, Jawaharlal Nehru, Indira Gandhi, Rajiv, Rahul Gandhi, Nilanjan Mukhopadhyay, “ Narendra Modi, ” Mukhopadhyay, Mukhopadhyay, ” Modi, Keshav Baliram, “ Modi, BJP Modi, Lord Ram, ” Naqvi, Critics, Christophe Jaffrelot, Karan Thapar, ” Jaffrelot, Modi’s, it’s, —, Raj, India Narendra Modi, Kenny Hoston, Ram, ” Raniva, That’s Organizations: New Delhi CNN, Indian, Bharatiya Janata Party, BJP, India's, Getty Images, Pew, CNN, World Health Organization, New York Times, Rashtriya Swayamsevak Sangh, Getty, Modi, Hospital, Narendra, India Today, Indian National Congress, AP, Madison, Garden, Reuters, Washington , D.C, French National Space Agency, of Yoga, Meta, Facebook, Bloomberg, European, Saudi Arabia's Crown, Rashtrapati Bhavan, Kyodo, British, Summit, Qudos Bank, White, Anadolu Agency, Anadolu, United, United Arab Emirates, Cambridge, today’s Congress Party, Harvard, The Times, Muslim, Australia Locations: Varanasi, New Delhi, Gujarat, Pushkar, India, “ India, United States, Brazil, “, Sydney, Australia, Ahmedabad, Ahmadabad, Washington, Washington ,, Toulouse, France, Xian, AFP, Menlo Park , California, U.S, Pretoria, South Africa, China, Berlin, Paris, Rashtrapati, Russian, Brasilia, Glasgow, Red, Ayodhya, Uttar Pradesh, Abu Dhabi, United Arab, Oxford, Vadnagar, Babri, Kadi, Kashmir, United Kingdom, Russia, Ukraine, Israel, Ghaziabad, Meerut, Jama

☆ Live Updates: Israel Says Confrontation With Iran ‘Is Not Over’
▼ + stars: | 2024-04-14 | by ( Mike Ives | Isabel Kershner | ) www.nytimes.com time to read: +8 min

The Iranian armed forces are among the biggest in the Middle East, with 580,000 soldiers and officers and also 200,000 reservists. The start of a direct military confrontation between Iran and Israel has brought renewed attention to Iran’s armed forces. Instead, Israel and Iran have been engaged in a long shadow war via air, sea, land and cyberattacks, and Israel has covertly targeted military and nuclear facilities inside Iran and killed commanders and scientists. It’s that they realize any war against Iran is a very serious war.”What sort of military threat does Iran pose? The commander in chief of Iran’s armed forces is the supreme leader, Ayatollah Ali Khamenei, who has the last word on all major decisions.

Persons: ”, Afshon Ostovar, “ It’s, Ayatollah Ali Khamenei, Fabian Hinz, “, Atta Kenare, Ostovar, Ayatollah Khamenei, Shah Mohammed Reza Pahlavi, Will Israel’s Organizations: Naval Postgraduate School, Islamic Revolutionary Guards Corps, International Institute for Strategic Studies, Guards, General Staff of, Armed Forces, Quds Force, Agence France, Phantoms, Iranian Army, Associated Press Locations: Tehran, Iranian, Iran, Israel, Damascus, United States, Washington, Lebanon, Yemen, Syria, Iraq, Jihad, Gaza, Berlin, speedboats, Persian, Hormuz, Russia, Ukraine, Sudan, North Korea

☆ Opinion: What does Iran really want?
▼ + stars: | 2024-04-14 | by ( Peter Bergen | ) edition.cnn.com time to read: +10 min

“A modern, strong, peaceful Iran could become a pillar of stability and progress in the region,” former US Secretary of State Henry Kissinger wrote in 2006. Iran introduced into the Iraqi war zone highly effective roadside bombs known as EFPs – Explosively Formed Penetrators – that wounded and killed hundreds of American soldiers. The official US Army history of the Iraq War concluded that Iran was the only winner of that war. Iran’s ‘cookie-cutter approach’Norman Roule was the top US intelligence official on Iran from 2008 to 2017. The withdrawal of the US troops from neighboring Iraq is a key goal of Iran, which exerts considerable influence over some Iraqi politicians.

Persons: Peter Bergen, Osama bin Laden, Shah, Henry Kissinger, Iran’s ayatollahs, Karim Sadjadpour, Sadjadpour, Reagan, bin Laden, bin, al, Saddam Hussein, –, Noam Chomsky, Iran’s, Norman Roule, Roule, propping, Bashar al, Assad, Christine Abizaid, ”, Trump, Obama, Donald Trump, ‘, Benjamin Netanyahu, hasn’t, Joe Biden, Netanyahu, hadn’t, Biden, Abizaid, Mohammed Shia Organizations: New, Arizona State University, Apple, Spotify, CNN, Saturday, East, CIA, US Army, Israel, US National Counterterrorism Center, US Treasury Department, ‘ Deemed, United Nations, Israel’s, Hamas, Iran, White, ISIS Locations: New America, Israel, Iranian, Damascus, Iran, United States, Palestine, ”, Lebanon, Beirut, Saudi, al Qaeda, Iraqi, Saddam, Iraq, Syria, Yemen, Red, Suez, Gaza, New York, Damascus ”, Jordan

☆ Wall Street Shudders on Signs of Unexpectedly Strong Inflation
▼ + stars: | 2024-04-10 | by ( Joe Rennison | More About Joe Rennison | ) www.nytimes.com time to read: 1 min

Signs of stubborn inflation rattled Wall Street on Wednesday, with stock prices sliding and government bond yields, which underpin interest rates throughout the economy, jolting higher. Other major indexes, including the tech-heavy Nasdaq Composite and the Russell 2000 index of smaller companies, also fell. The moves followed a consumer inflation report that came in hotter than expected, with prices rising 3.5 percent in March from a year earlier, marking another month of stubbornly high inflation. That made it harder for investors to dismiss earlier signs that the progress in cooling inflation was patchy. “The stalled disinflationary narrative can no longer be called a blip,” said Seema Shah, chief global strategist at Principal Asset Management.

Persons: Russell, ”, Seema Shah Organizations: Nasdaq, Asset Management

☆ Dow drops by nearly 500 points after a surprisingly bad inflation report
▼ + stars: | 2024-04-10 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +2 min

New York CNN —US stocks fell sharply Wednesday morning after inflation data for March came in higher than expected. That’s up considerably from February’s 3.2% rate and marks the highest annual gain in the past six months. Investors worry this will push back the Fed’s timeline for the rate cuts it has been hinting would come this year. The 10-year Treasury yield, which serves as a standard for mortgage and loan rates, surged after the announcement, approaching 4.5%. Shares of bank stocks fell.

Persons: Dow, “ Today’s, ”, Seema Shah, Wells Organizations: New, New York CNN, Nasdaq, Bureau of Labor Statistics, Asset Management, Treasury, Bank of America, JPMorgan Chase, Microsoft, Apple Locations: New York, Wells Fargo

☆ Ramadan in Malaysia: Raids and fines for those caught breaking fast spotlight growing religious conservatism
▼ + stars: | 2024-04-08 | by ( Heather Chen | ) edition.cnn.com time to read: +9 min

In many parts of Malaysia, Muslims caught eating or drinking during daytime hours can find themselves on the wrong side of the law. Those caught eating or drinking during daytime hours face fines of up to 1,000 Malaysian Ringgit (about $200) and prison terms of up to a year. CNN reached out to multiple state religious bodies across Malaysia for comment. Complaints were made to the state religious department, media reports said, and the scandal caused a national stir – drawing scorn from conservative politicians and prompting public apologies from the celebrities. “As long as you look Malay, you must fast during Ramadan – those are the rules,” Yusuf told CNN.

Persons: Rahmad Mariman, ” Mariman, TikTok, ” JAIPK, Hadi Awang, ”, MOHD RASFAN, –, Ameena Siddiqi, Siddiqi, ” Siddiqi, Salahuddin Abdul Aziz, Annice Lyn, Anisah Mahmood, Fadhlina Sidek, “, Haji Ahmad Bin Yahaya, Yusuf, ” Yusuf Organizations: CNN, Malaysian, Islamic Religious Department, JAIM, PAS, Malaysia Islamic Party, AFP, Getty, Annice, Education Locations: Malaysia, Malacca, Perak, Gerik, South, Southeast Asia, AFP, Malaysian, Islam, Kuala Lumpur, Shah Alam, Selangor, London, Malay, Johor

☆ Fed caution may be justified if the labor market starts to deteriorate. Here's why that could happen
▼ + stars: | 2024-04-05 | by ( Jeff Cox | ) www.cnbc.com time to read: +5 min

A strong jobs outlook raises the potential of greater inflation pressures, meaning the central bank might be less eager to ease policy. Indeed, there are some signs that the labor market's strength may not be as robust as the headline nonfarm payrolls numbers indicate. Economists both on Wall Street and at the Fed suspect swelling immigration numbers are playing a role in boosting employment and keeping the labor market so tight. With political clamoring intensifying for the U.S. to tighten its border controls, the resilience of the labor market then could be jeopardized depending on how large a role immigration is playing. "Another strong report raises the potential that the deterioration in labor markets we have been expecting will be avoided.

Persons: nonfarm, Seema Shah, Shah, Mohamed El, There's, Goldman Sachs, Michelle Bowman, Bowman, Andrew Hollenhorst Organizations: Federal Reserve, Labor, Asset Management, Allianz, Fed, CNBC, Wall, Congressional, Citigroup, Citi Locations: it's, Italy, U.S, South America, Central America, Mexico

☆ The Fed's pivot can provide an opportunity for investors to diversify: Goldman Sachs' Ashish Shah
▼ + stars: | 2024-04-04 | 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 EmailThe Fed's pivot can provide an opportunity for investors to diversify: Goldman Sachs' Ashish ShahAshish Shah, Goldman Sachs Asset Management CIO of public investing, joins 'Squawk Box' to discuss the latest market trends, the U.S. Treasury market, where investors can find investment opportunities right now, and more.

Persons: Goldman Sachs, Ashish Shah Ashish Shah, Goldman Organizations: Management, U.S . Treasury

☆ A new AI-powered tool could revolutionize how lawmakers are held accountable for insider trading
▼ + stars: | 2024-04-03 | by ( Madison Hall | ) www.businessinsider.com time to read: +5 min

Read previewA group of California-based graduate students has developed an AI-powered tool to catch congressional insider trading as soon as possible. Though in its infancy, the program could be a revolutionary way for journalists, researchers, and the general public to hold public officials accountable. This story is available exclusively to Business Insider subscribers. Shah explained that PoliWatch works by feeding its system publicly available congressional stock filings, hearing schedules, committee assignments, and sponsored travel. Congress' thorny trading historyAs Business Insider's far-reaching "Conflicted Congress" investigation found in 2021, lawmakers regularly violate the federal Stop Trading on Congressional Knowledge (STOCK) Act with little consequence.

Persons: —, Mats Dodd, Aditya Shah, Jocelyn Thai, Connor Yen, Dodd, Shah, Robert Maguire, " Maguire, Nancy Pelosi, Alex Wong, PoliWatch Organizations: Service, UC Berkeley, Business, Department of Justice, Citizens, Progress Locations: California, Washington, Congress

☆ Walmart, Chipotle are splitting the wealth of a record stock market in a way they haven't in decades
▼ + stars: | 2024-03-31 | by ( Cheryl Winokur Munk | ) www.cnbc.com time to read: +9 min

For Chipotle, it's the first stock split in the company's 30-year history, and its announcement echoed Walmart's. Both are hoping, through the availability of an employee stock purchase plan and financial education, they'll get more workers to invest. Chipotle, even further out on the market chart, has shares nearing $3,000 — its stock split is to be effective June 26. ESPP versus fractional sharesEven without a stock split, employees could have already purchased shares of their company, or at least fractional shares, through a brokerage account. Company stock and financial educationSplitting a stock and having a generous ESPP can only go so far when it comes to encouraging employees to buy the company stock.

Persons: they'll, Michael Kestenbaum, Chipotle, Dan Kapinos, Clemens Kownatzki, Aalap Shah, Pearl Meyer, SoFi, Kownatzki, Larry Fink, Kestenbaum Organizations: Walmart, Companies, West Coast, Google, Pepperdine Graziadio Business, Khan Academy, Lyra Health Partners, Bank of America, Employees Locations: Aon

☆ Pet insurance didn't feel worth it—until my cat needed a $3,000 surgery
▼ + stars: | 2024-03-30 | by ( Mike Winters | ) www.cnbc.com time to read: +7 min

My wife and I never gave pet insurance much thought, until our cat Wally needed a $3,000 surgery. My wife and I never gave pet insurance much thought — until we were told our cat Wally needed surgery that would cost nearly $3,000. Apparently, we weren't alone in that thinking, as only about 25% of pet owners have pet insurance, according to a recent NerdWallet survey. What you get with pet insuranceTypically, pet insurance covers accidents, illness and wellness, which pays for routine care like annual exams. How to know whether pet insurance is right for youFinancial planners who spoke with CNBC Make It were divided on whether pet insurance is worth the cost.

Persons: Wally, Mike Winters, periodontitis, there's, Rikin Shah, Carol Fabbri, — Organizations: CNBC, Insurance Locations: Denver

☆ Expect tech to continue to benefit from secular tailwinds: Principal's Seema Shah
▼ + stars: | 2024-03-25 | 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 EmailExpect tech to continue to benefit from secular tailwinds: Principal's Seema ShahSeema Shah, Principal Asset Management chief global strategist, joins 'Closing Bell' to discuss what fuels the rally in the year's second half, how much rate cuts matter to equities, and the strategist's stance towards small-cap stocks.

Persons: Principal's Seema Shah Seema Shah Organizations: Asset Management

☆ A Second Act for Ballet in Iran?
▼ + stars: | 2024-03-25 | by ( Brian Seibert | ) www.nytimes.com time to read: +1 min

As the ballet dancers moved through the familiar rituals of their daily class, they tried to ignore the gunshots and explosions outside. It was 1979, and Iran was in the midst of a revolution that would overthrow the ruling Shah and turn the country into an Islamic republic. The dancers were the last few members of the Iranian National Ballet. On a recent video call from her home in Herndon, Va., she recalled what happened next: the National Ballet, which had been founded in 1958 and had grown and flourished, ended. “All of the foreign dancers in the company had already left,” she said.

Persons: Bahareh Sardari, ” Organizations: Iranian National Ballet, National Ballet Locations: Iran, Herndon , Va, Islamic Republic

☆ A millennial who quit her corporate job to work for herself explains the 2-part strategy she used to 'supercharge' her side hustle and turn it into full-time income
▼ + stars: | 2024-03-23 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +7 min

All I do know is that the way I am making money at the moment isn't bringing me happiness." "It was like an escape from my day job, a creative outlet for me." Maintain your day job and use a portion of your income to invest in your side hustleRelated storiesShah believes in maintaining your day job for as long as possible while simultaneously building your side hustle or business. "I couldn't have done that if I didn't have my day job. The way she sees it, the longer you can maintain your day job, the more money you'll have to grow your side hustle to a point where it eventually overtakes your day job income.

Persons: Nischa Shah, She'd, Shah, I've, she'd, It's, she's, it's, Shah didn't Organizations: Business, YouTube, Investment Locations: London

☆ Employees are building 'F-you funds' before quitting their jobs. Here's what it means and how to build one.
▼ + stars: | 2024-03-23 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +6 min

Souffrant set out to save enough so they could cover one year's worth of expenses between Woody's salary and her savings. How to build your own 'F you fund' in 2 stepsAnyone can start an "F you fund" like Soufrrant and Shah did to create more options for themselves. Souffrant kept hers in a high-yield savings account. That way, the money was still accessible but earning more interest than it would if it was sitting in a traditional savings account. If your number is $200 per month, have that amount lifted from your checking account and deposited into your "F you account" each month.

Persons: Jamila Souffrant, Souffrant, Nischa Shah, Nischa Shah Nischa Shah, it's, Shah, Woody Organizations: Business, America, Investment

US Speaker of the House Mike Johnson, Republican of Louisiana, waits to speak during a news conference after a closed-door House Republican caucus meeting on Capitol Hill in Washington, DC on February 29, 2024. It was not immediately clear how the House would act on her motion, which requires just a majority vote to remove the speaker. Greene told reporters that the motion to vacate was more of a warning shot and that she had not discussed it with President Donald Trump. Rep. Marjorie Taylor Greene, R-Ga., speaks to the media on the House steps of the U.S. Capitol after filing her motion to vacate Speaker of the House Mike Johnson, R-La., on Friday, March 22, 2024. U.S. Rep. Matt Gaetz (R-FL) leaves a closed-door House Republican meeting at the U.S. Capitol on October 20, 2023 in Washington, DC.

Persons: Mike Johnson, Drew Angerer, Marjorie Taylor Greene, Johnson, Kevin McCarthy, Greene, Donald Trump ., Bill Clark, Raj Shah, Trump's, Robert F, Kennedy Jr, Matt Gaetz, McCarthy, Gaetz, We'd, we've, Hakeem Jeffries Organizations: Republican, Capitol, AFP, Getty, NBC News, Donald Trump . Rep, U.S, CQ, Inc, NBC News House, Democrat, U.S . Rep Locations: Louisiana, Washington , DC, Washington ,

☆ An accountant who has read dozens of money and investing books shares her top 3 picks, including 'one of the least boring financial books you will read'
▼ + stars: | 2024-03-17 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +4 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewNischa Shah says she has read many books about money, from the classics that cover the fundamentals like "Rich Dad Poor Dad" to more mindset-focused texts like "The Psychology Of Money." The Richest Man in BabylonAdvertisementShah's top pick is George S Clason's "The Richest Man in Babylon." He becomes the richest man in the city by following simple money-making principles that still hold true today, from paying yourself first to controlling your spending and putting your money to work. Related storiesThis book boils down what it takes to build wealth "in a way that is not boring and mundane," said Shah.

Persons: —, Shah, Dad, She's, George S Clason's, it's, Rich, Napoleon Hill's, Michael E, Gerber Organizations: Service, Business Locations: Babylon

☆ An accountant and former investment banker shares an underlooked way to invest your first couple thousand dollars: 'The return you can get completely outweighs the 7% return you're going to get in the
▼ + stars: | 2024-03-14 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +5 min

When you think about the different ways to invest your money, things like the stock market or real estate may come to mind. "Investing at its core is about committing resources to achieve future benefits," accountant and former investment banker Nischa Shah says on her YouTube channel. However, "when you invest in yourself, you're essentially increasing your earning potential and creating more opportunities for yourself." Because the return you can get in your own investment completely outweighs the 7% return you will get in the stock market over the next 30 years." You don't want to get to the point where you're looking back and thinking, "'I wish I just started.

Persons: Nischa Shah, it's, that's, Shah, Nischa, —, who's, she'd Organizations: Service, YouTube, Business

☆ India joins select group of nations able to fire multiple warheads on a single ICBM
▼ + stars: | 2024-03-12 | by ( Brad Lendon | Rhea Mogul | ) edition.cnn.com time to read: +4 min

Delhi CNN —India said Monday it had joined the world’s top nuclear powers by mastering the ability to put multiple warheads atop a single intercontinental ballistic missile. The successful test of multiple independently targetable reentry vehicle (MIRV) technology on the indigenously developed Agni-V ICBM puts India in a club that includes the United States, Russia, China, France and the United Kingdom. Neighboring Pakistan has also claimed to have MIRV technology, but experts say the claim is unverified. “Various Telemetry and radar stations tracked and monitored multiple re-entry vehicles. India did not give an exact number of reentry vehicles released during the Agni-V test, but MIRVed missiles can carry a dozen or possibly more MIRV warheads.

Persons: Narendra Modi, “, ” Modi, X, Rajnath Singh, ”, Amit Shah Organizations: Delhi CNN, DRDO, Defence Research, Development Organisation, Mission, Defense Ministry, Indian Defense, ., Center for Arms Control, Center for Strategic, International Studies Missile Defense, United States, Minuteman, National Museum of, US Air Force, US, Union of Concerned, US Defense Locations: Delhi, India, United States, Russia, China, France, United Kingdom, Neighboring Pakistan, Bay, Bengal, Bharat, Pakistan, Beijing

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