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Chinese banks are helping to aid Russia's invasion of Ukraine, the US alleges. The US is considering sanctions to cut Chinese banks off from the dollar, according to The Wall Street Journal. AdvertisementThe US is drawing up sanctions that could cause some Chinese banks to lose access to the dollar, according to The Wall Street Journal. In response to previous sanctions, Russia and China intensified efforts to create exchange mechanisms that don't rely on the dollar. Alexandra Prokopenko, a fellow at the Carnegie Russia Eurasia Center think tank, told The Wall Street Journal that regional Chinese banks had emerged that had little involvement in dollar exchanges.
Persons: , Antony Blinken, Alexandra Prokopenko, Prokopenko, Maria Snegovaya Organizations: Wall Street, Service, Reuters, Financial, Carnegie Russia Eurasia Center, Center for Strategic, International Studies Locations: Ukraine, China, Russia, Italy, Russian
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewRussia's economic strength could last another year-and-a-half before it starts to fade, according to the Carnegie Endowment for International Peace. In a best-case scenario, the current arrangement will likely begin to come apart within eighteen months owing to growing imbalances and possible social problems," Prokopenko warned. In other words, temporary fixes and a decline in living standards will add to the political and economic headwinds facing the Kremlin," Prokopenko said. Experts have warned of near-term social unrest in Russia, particularly as living standards continue to deteriorate.
Persons: , Alexandra Prokopenko, Prokopenko, Putin Organizations: Service, Carnegie Endowment, International Peace, Washington DC, Monetary Fund, Business, Carnegie Russia Eurasia Center, Kremlin Locations: Ukraine, Russia, Moscow
Throughout the week, US officials had urged Israel not to retaliate for Iran’s unprecedented attack five days prior, when hundreds of missiles and drones were fired from inside Iran at Israel. US intelligence has long assessed that neither Iran nor Israel has any appetite for an outright war. Iranian officials have stated publicly that Iran’s policy toward Israel has changed. Then, on April 1, an Israeli strike on what Iran claims was an embassy in Syria killed seven officials, including two senior Iranian commanders. “Israel and Iran are going to be starting higher on the escalatory ladder for every future moment of conflict and that is incredibly dangerous,” said Panikoff.
Persons: Biden, , Hossein, Israel’s, CNN’s Erin Burnett, Israel, Bill Burns, George W, , Frank McKenzie, ” McKenzie, Maher Al Mounes, Mohammed Reza Zahedi, Jonathan Panikoff, Seyyed Ali Khamenei, Khamenei, Karim Sadjadpour, Qassem Soleimani, Iran —, Iran messaged, Donald Trump, stridently, , McKenzie Organizations: CNN, Israel, Iran, US, Islamic Revolutionary Guard Corps, CIA, Bush Presidential Center, Iranian, US Central Command, Getty, Lebanese Hezbollah, Iran’s, Carnegie Endowmernt Locations: Washington, Israel, Iran, Tehran, ” Iran, Islamic Republic of Iran, Dallas, Syria, Syria's, Damascus, AFP, Lebanese, Iran’s, Iraq
Members of this prominent Democratic family, including most of Mr. Kennedy’s siblings, had already signaled their support for Mr. Biden. Just as President Biden does today.”“Nearly every single grandchild of Joe and Rose Kennedy supports Joe Biden,” she said. “That’s right: The Kennedy family endorses Joe Biden for president.”Responding on social media, Mr. Kennedy avoided engaging with his family’s rejection of his candidacy. “I know you’re never supposed to reject a gift,” Mr. Kennedy joked as he held them. He then encouraged the roughly dozen people there to volunteer for the Biden campaign, arguing that their help could decide the election.
Persons: Kennedy, Biden, Robert F, Kennedy Jr, I’m, Kathleen, Rory, Joe, Chris, Max, Joe Biden, Kamala Harris, , Kennedy’s, Biden’s, Jim Wilson, Donald, ” Kerry Kennedy, “ Daddy, Rose Kennedy, , , Mr, John, Kennedy —, John F, Martin Luther King, Donald J, Trump, Conor Lamb, Teenie Harris, Edward M, ” Joseph P, Kennedy II, Joseph P, Kennedy III, you’re, ” Mr Organizations: America, Biden, White, Democratic, Black, New York Times, Trump, PAC, Voters, Marquette Law School, Carnegie Museum of Art, Getty, Mr, Republican, MAGA Inc, Philly Locations: Philadelphia, America, Michigan, United States, Wisconsin, American, Pennsylvania, Kennedy, Washington, Pa, Harlem, Massachusetts
Why was Iran struck by drones?
  + stars: | 2024-04-19 | by ( Simone Mccarthy | ) edition.cnn.com   time to read: +7 min
Israel carried out the strike inside Iran Friday morning, a US official told CNN. There were no reports of a missile attack, Iran’s National Cyberspace Center spokesperson Hossein Dalirian said on social platform X. The US “didn’t green light” an Israeli response, another senior US official told CNN. Video Ad Feedback Iranian journalist on how Iranian media reported the Israeli attack 02:19 - Source: CNNWhy is this happening now? Israel last week pledged, however, that it would “exact a price” from Iran in response to that aerial barrage.
Persons: Hossein Dalirian, , Hossein Amir, Abdollahian, , Mohammed Reza Zahedi, Mohammad Hadi Haji Rahimi, Israel, Beshara, , Yemen’s, Joe Biden, What’s, Benjamin Netanyahu, Amir, ” Amir, Maha Yahya Organizations: CNN, National Cyberspace Center, United Nations, Islamic, Palestinian, Hamas, Israel, Iranian, Revolutionary Guards, Pentagon, Getty, Wednesday, Carnegie Middle East Locations: Iran, Israel, Tehran, Isfahan, Iranian, Syria, Islamic Republic, United States, Gaza, Israeli, Damascus, Quds, AFP, Red Sea, Tabriz
A worker fixes a flag of the ruling Bharatiya Janata Party on a hoarding of their leader and India's Prime Minister Narendra Modi on April 15, 2024. The 2024 general elections will pan out in seven phases over the next six weeks, starting April 19. India's meteoric riseUnder Modi's rule, India's economy has scaled to new heights. It is now the world's fifth-largest economy with a GDP of $3.7 trillion and has set its sight on becoming the world's third largest economy by 2027. Home to 1.4 billion people, the world's most populous country is the fastest growing economy in the world.
Persons: Narendra Modi, Idrees Mohammed, Hong Kong's, Modi, Suyash Rai, Joe Biden, Chietigj Bajpaee, Biden, Bajpaee, Rahul Gandhi, Rajiv Gandhi, Indira Gandhi, Jawaharlal Nehru, Amitendu Palit, Modi's, R.satish Babu Organizations: Bharatiya Janata Party, India's, Afp, Getty, Voters, Monetary Fund, Carnegie India, CNBC, White, Bloomberg, India, South Asia, Chatham House, BJP, National Democratic Alliance, Indian, Developmental Inclusive, Indian National Congress, Institute of South Asian Studies, National University of Singapore, NDA, Centre, of Foreign Relations, Reuters Locations: Lok Sabha, Lok, Hong, Washington, U.S, India, China, Raipur, Coimbatore
Iran’s missile and drone attack on Israel over the weekend was a game-changing escalation that requires some game-changing rethinking on the part of Israel and its most important ally, the United States. I call it “the three-state solution.”It begins with the recognition that there is probably zero hope for any resolution of the Israeli-Palestinian conflict or the Israel-Iran conflict without leadership change in Tehran, Jerusalem and Ramallah. “This region won’t see any meaningful peace or stability so long as this current government is in power in Tehran,” explained Karim Sadjadpour, an Iran expert at the Carnegie Endowment for International Peace. To paraphrase Shimon Peres about prospects for change in Iran, the good news is there is light at the end of that tunnel. The bad news is that today there is no tunnel.”
Persons: , Karim Sadjadpour, Shimon Peres Organizations: Carnegie Endowment, International Locations: Israel, United States, Iran, Tehran, Jerusalem, Ramallah, Islamic Republic of Iran, Lebanese, Yemenis
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIran attack on Israel: Any kind of retaliatory action will 'spin out of control,' analyst saysMaha Yahya, director of the Malcolm H. Kerr Carnegie Middle East Center, says a lot will depend on the United States.
Persons: Maha Yahya, Malcolm H Organizations: Kerr Carnegie Middle East Center Locations: Israel, United States
Jordan shot down an Iranian missile, and other Arab states may've provided intel. In March, Saudi Arabia and Iran restored ties with the help of China, agreeing to reopen embassies in their respective capitals. AdvertisementHowever, according to reports, Saudi Arabia and other Arab states are willing to continue discussions with Israel once fighting in Gaza has abated. There is a risk for Arab states though in being seen to come to Israel's aid, Giorgio Cafiero, CEO of Gulf State Analytics, told Business Insider. AdvertisementAs the conflict between Israel and Iran intensifies, Arab states face a tough choice between their security priorities and addressing public anger over Gaza.
Persons: Israel, Jordan, may've, , Samih, Marj Al, Yasmine Farouk, Farouk, Abraham, Trump, Israel's, Giorgio Cafiero Organizations: intel, Service, Deutsche Welle, St, Anadolu, Getty, Israel, Carnegie Endowment, International Peace, New York Times, Abraham Accords, Analytics Locations: Iranian, Israel, Iran, Damascus, Jordan, Gaza, Jordanian, Saudi Arabia, UAE, Gulf, Marj, Amman , Jordan, China, Bahrain, Amman
Russia's growing partnership with China isn't going to fade, a think-tank director said. The West should consider enforcing economic sanctions on China as well, he said. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . In an op-ed for Foreign Affairs, the think-tank director pointed to Russia and China's economies becoming increasingly intertwined since Moscow began its invasion of Ukraine in 2022. The two nations scaled up their trade partnership to a record $240 billion last year, partly because China has snapped up key Russian commodities while the West has shunned trade with Moscow.
Persons: China isn't, Putin, , Vladimir Putin, Alexander Gabuev Organizations: Service, Carnegie Russia Eurasia Center, Foreign Affairs, Business Locations: China, Beijing, Russia, Moscow, Ukraine
Israel-Iran tensions on the rise
  + stars: | 2024-04-12 | 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 EmailIsrael-Iran tensions on the riseKarim Sadjadpour, senior fellow at the Carnegie Endowment for International Peace Middle East Program, joins CNBC's Squawk Box to discuss the news reports on Iran preparing to attack Israel in a few days, risks for Iran if the tensions escalate, and more.
Persons: Karim Sadjadpour Organizations: Israel, Carnegie Endowment, International Peace Middle Locations: Iran, Israel
Hanif Abdurraqib Just Misses His Dog
  + stars: | 2024-04-11 | by ( Wilson Wong | ) www.nytimes.com   time to read: +1 min
“It’s a real culture shock and emotional shock,” Hanif Abdurraqib said in a recent phone interview. The poet, essayist and cultural critic was describing his experience of being surrounded by hundreds of readers in a room while going on tour — made more challenging while fasting for Ramadan — for his best-selling book, “There’s Always This Year: On Basketball and Ascension.”His reaction stems partly from the fact that he hasn’t done the usual fanfare that accompanies a book launch since 2019 — the last year he toured in person. And in that time, much has changed for Abdurraqib (more so, perhaps, than other writers): He bought his first home in the neighborhood of Bronzeville in his hometown, Columbus, Ohio; he released his best-known book, “A Little Devil in America,” part memoir and part love letter to Black performance in America; and he was awarded a MacArthur fellowship and an Andrew Carnegie Medal, among other accolades. “I have a lot of gratitude, and everyone is really kind,” said Abdurraqib, 40, who is also a contributing writer for The New York Times Magazine. “Because I haven’t been on tour for so long, the responses to my work have grown in my time away, so it’s been good.”
Persons: , ” Hanif Abdurraqib, , Andrew Carnegie, , Abdurraqib, it’s Organizations: MacArthur, The New York Times Magazine Locations: Bronzeville, Columbus , Ohio, America
Washington CNN —President Joe Biden hosts Japanese Prime Minister Kishida Fumio for a state visit Wednesday, including a crucial Oval Office meeting, reinforcing his commitment to bolstering vital partnerships in the Indo-Pacific amid a militarily and economically resurgent China. Over 70 items covering a wide array of critical sectors are expected to be announced as part of the bilateral meeting between Biden and Kishida, according to senior administration officials. “The idea of switching to a multilateral, lattice-like strategic architecture is to flip the script and isolate China,” this person said. Cherry Blossom diplomacyEven as the leaders plan to announce the lengthy list of defense and diplomatic agreements during the course of their visit, senior administration officials also sought to highlight a more symbolic takeaway. A senior Biden administration official called the original gift of cherry trees from Japan one of the most important diplomatic gifts in US history – second only to the Statue of Liberty, a present from France.
Persons: Joe Biden, Kishida Fumio, Biden, Kishida, Jake Sullivan, , Cherry, , Donald Trump Organizations: Washington CNN, Japanese, Carnegie Mellon University, Keio University, University of Washington, Washington State, Tsukuba University, US Steel, American, White, National Park Service, Biden, of, Japan Locations: China, Japan, Australia, Tokyo, Philippines, North Korea, Kishida, Ukraine, United States, Washington, France
My salary journey in Big Tech has seen my total compensation — which includes base salary, bonuses, and stocks — increase from $15,000 in 2012 to $685,000 in 2024. I'm a staff software engineer and have worked at three different tech companies, moving from Oracle to Apple to Meta. In California, labor laws make it illegal for employers to ask you about your current salary and salary history. That could involve switching from a non-tech job to a tech job or taking a short-term hit for long-term gain. Unless the employer offers a significant pay bump along the way, total compensation usually takes a drop after this vesting period.
Persons: Sandeep Rao, , I'm, I've, it's, Glassdoor, haven't, Jane Zhang Organizations: Meta, Apple, Oracle, Service, Business, Big Tech, Microsoft, Carnegie Mellon University, Grad, Employers, Carnegie Mellon Locations: San Jose , California, India, Pittsburgh, Cupertino , California, Menlo Park , California, California, janezhang@businessinsider.com
CNN —The war in Gaza has been raging for six months and the patience of Israel’s allies is running out. Israel launched the war immediately after the deadly October 7 terror attacks by Hamas. “There is no viable plan for the future of Gaza, not just for the day after, but even today. The number of Israeli soldiers killed in combat in Gaza since the start of the war has now surpassed 250. “He does not have a significantly different set of ideas for Gaza or for the future of Israel, Palestine or for Palestinian sovereignty.
Persons: Benjamin Netanyahu, Netanyahu, Israel, Yayha Sinwar, , Khaled Elgindy, Joe Biden, ” Elgindy, , Nathan Thrall, , Abed Salama, ” “, ” Thrall, don’t, Thrall, Elgindy, “ It’s, Yahya Hassouna, Harel Chorev, Moshe Dayan, ” Chorev, we’ll, it’s, ” Hellyer, Benny Gantz, Gadi Eisenkot, Netanyahu’s, it’s Netanyahu Organizations: CNN, Israel Defense Forces, Hamas, Gaza Ministry, Health, Palestinian Affairs, Middle East Institute, Gaza, West Bank, European Union, Getty, Moshe, Moshe Dayan Center for, African, Tel Aviv University, America, , United, United Arab Emirates, Hellyer, Royal United Services Institute, Carnegie Endowment, International Peace, Washington DC, Palestinian Authority, KFOR, NATO Locations: Gaza, Israel, United States, United Kingdom, Palestine, Rafah, Jerusalem, Hamas, Gaza City, AFP, Britain, Germany, France, Egypt, Palestinian, United Arab, London, Washington, Kosovo
CNN —When the total solar eclipse traces a path across Mexico, the United States and Canada on April 8, spectators can anticipate a multitude of awe-inspiring moments. For those living outside of the path of totality, a crescent-shaped partial eclipse, rather than a total eclipse, will be the main event. A partial solar eclipse is seen between clouds from Socorro in Sao Paulo, Brazil on October 14, 2023. The diamond ring effect is seen during the total solar eclipse on August 21, 2017, in St. Louis, Missouri. And we’re living at the right time to truly enjoy the sight of a total eclipse on Earth, he said.
Persons: , John Mulchaey, Crawford H, Greenewalt, it’s, Robyn Beck, Igor, ” Mulchaey, , It’s, you’re, Mulchaey, Francis Baily, Heinz, Peter Bader, X00316, Tim Spyers, Andrew Farnsworth Organizations: CNN, Carnegie Institution, Carnegie, NASA, Cornell, of Ornithology Locations: Mexico, United States, Canada, , Prairie, AFP, Socorro, Sao Paulo, Brazil, St, Louis , Missouri
Turkey's President's AK Party lost major local elections in Istanbul and Ankara. AdvertisementThe Turkish party led by President Recep Tayyip Erdoğan suffered big losses in local elections held on Sunday. But an opposition victory in the majority of the largest Turkish cities would have "a dampening effect on President Erdoğan's prestige at home," they wrote. Advertisement"The extent to which President Erdoğan can exercise his personal power at home will be a crucial factor that determines Turkey's international behavior," they added. To be sure, the elections on Sunday were local — Erdoğan already won the presidential election in May, securing another term for five years.
Persons: Turkey's, , Recep Tayyip Erdoğan, Ekrem Imamoğlu, Erdoğan, Vladimir Putin —, Putin, Marc Pierieni, Francesco Siccardi, Erdoğan's, Russia —, Hakan Akbas, Albright, Erdogan Organizations: Turkey's President's AK Party, Service, CHP, Reuters, AK Party, AFP, NATO, Erdoğan's AK Party, Turkish, Carnegie, West, Sunday, AK, Group, AK Party's Locations: Istanbul, Ankara, Russia, Turkey, Carnegie Europe, Ukraine, Moscow, Europe,
These are the main aspects of working in Sweden that other cultures might find surprising. AdvertisementSupport for working parentsIn Sweden, parental leave has become an incubator for new ideas and people often change career direction during their leave. Being on leave gives you time to think with some distance from everyday life. I have been financially supported during my parental leave and as my children grow. Collective bargaining, another tenet of Swedish working culture, prioritizes employee needs and gives more power to the employee.
Persons: , Sofia Brandt, Ally, There's, they're VAB, I'd, wouldn't, that's Organizations: Service, Accenture, Business Locations: Gothenburg, Sweden, American, San Francisco, America
TABLE FOR TWO: Fictions, by Amor TowlesFew literary stylists not named Ann Patchett attain best-sellerdom, but Amor Towles makes the cut. His three lauded novels — “Rules of Civility,” “A Gentleman in Moscow” and “The Lincoln Highway” — hung around on lists for months, if not years. The book spans the 20th century, bringing characters from a range of backgrounds into tableaus of deceit and desire. Towles devotes the first section to New York, its wealthy and famous shuffling against strivers and innocents in La Guardia terminals, musty bookstores or immigrant communities. In “The Line,” a naïve Communist builds a lucrative business that steers him to Manhattan, where con games lurk on every corner.
Persons: Amor Towles, Ann Patchett, , Towles, Timothy Touchett, Pennybrook, he’s Organizations: Carnegie, Motorola, Nokia Locations: Moscow ”, Lincoln, New York, Los Angeles, La Guardia, Communist, Manhattan
The men had been in Russia as migrant workers on either temporary or expired visas, authorities said. But in the days since, that emotion – combined with the disturbing videos – appears to have unleashed a wave of xenophobia from some towards Central Asian migrant workers in general. Her organization offers legal assistance to migrants looking for help in Russia, often on a pro bono basis. We need to spread the word.”A user in another channel, with 200,000 followers, suggested there was no space for anyone to feel sorry for migrants in Russia. According to Umerov, there are some 7 million migrants in Russia, of whom around 80% are from Central Asia.
Persons: Moskovsky, “ I’m, Vladimir Putin, Shamsidin, Dalerdzhon Mirzoyev, Muhammadsobir Fayzov, Yulia Morozova, Putin, , ‘ It’s, Valentina Chupik, Tong Jahoni, Temur Umerov, don’t, ” Umerov, Umerov, Emomali Rahmon, “ Putin Organizations: CNN, Moscow’s Crocus, Central, Crocus City Hall, Reuters, Soviet, Kazakhstan —, Human Rights Watch, Central Asia, Carnegie Russia Eurasia Center, Hall, Russian, Kyrgyz Foreign Ministry, European Bank for Reconstruction, , Institute of Economics, Russian Academy of Sciences, ISIS, Kremlin Locations: Moscow’s Crocus City, Tajikistan, Soviet, Central Asia, Russia, Ivanovo, Russian, Crocus, Uzbekistan, Kyrgyzstan, Turkmenistan, Kazakhstan, Illinois, Moscow, Central, Berlin, Ukraine, Kyrgyz, Tashkent, Western
Read previewThe collapse of Baltimore's Francis Scott Key bridge could lead to the biggest losses in the history of marine insurance, the bosses of Lloyd's of London warned on Thursday. "The tragedy has the capacity to become the largest single marine insurance loss ever," the commercial insurance market's chairman Bruce Carnegie-Brown said in an interview with Reuters. Related stories"I would say it's certainly going to be one of the largest marine losses in history, of that there is little or no doubt," he said. Barclays analysts estimate that the disaster could lead to $3 billion in insurance claims, while Morningstar DBRS put the figure at $4 billion. AdvertisementBoth of those figures would surpass the $1.5 billion losses triggered by the Costa Concordia disaster.
Persons: , Baltimore's Francis Scott Key, Bruce Carnegie, Brown, John Neal, Neal, Dali, Morningstar DBRS Organizations: Service, Reuters, Business, BBC Radio, Maersk, Barclays Locations: London, Costa Concordia, Italy
Baltimore City Fire Boat 2 floats past the Dali container vessel after it struck the Francis Scott Key Bridge that collapsed into the Patapsco River in Baltimore, Maryland, U.S., on Tuesday, March 26, 2024. The collapse of a major Baltimore bridge and its knock-on effects could result in the biggest-ever marine insurance payout, the chair of insurance giant Lloyd's of London said on Thursday. I don't at this point anticipate that it's outside our realistic disaster scenario planning. It feels like a a very substantial loss, potentially the largest-ever marine insured loss, but not outside parameters that we plan for." Carnegie-Brown added that, while there would clearly be claims for the ship, cargo and the bridge, it is "second-order impacts" that would become "substantial."
Persons: Francis Scott Key, Bruce Carnegie, Brown, CNBC's Organizations: Fire, Analysts, Carnegie Locations: Baltimore, Dali, Patapsco, Baltimore , Maryland, U.S, London
Robert Graves started flying in the Air Force and has been a Southwest Airlines pilot for 33 years. On an average day, I'll pilot three to five flights. When I'm away as a pilot, I'm by myself, but when I'm back home, I'm a husband and a dad to four kids. I rarely know the other pilot I'm flying with. If that's the case, I'll spend the night grabbing dinner, going to the gym, taking a walk, or exploring the city alone.
Persons: Robert Graves, , I'm, I've, Dale Carnegie, I'd, we'll, walkable downtowns, we're, That's, It's Organizations: Air Force, Southwest Airlines, Service, FAA Locations: layovers, Japan, Nashville, Baltimore, San Diego
Since Sinead O’Connor died last summer at 56, the outspoken and defiant Irish singer-songwriter has been memorialized on stages both divey and grand, including a star-studded concert last week at Carnegie Hall. But no tribute was likely as nude as the one on Monday, when the performance artist Christeene brought her pantsless queer horrorcore act — and a faithful downtown demimonde — to City Winery on the West Side of Manhattan. In celebrating “a very powerful woman,” Christeene said onstage, “I think we need to understand the dangers of religion, and the importance of ritual.” She arrived in a scuffed-up red robe, flanked by two dancers in white papal hats, and then shed it all to reveal a triangle of fabric across her nether region; costume changes brought a series of sheer, one-shouldered unitards — Skims from another dimension. Traversing a stage decorated with crinkled sheets and cones of aluminum foil, in high-heeled black boots, she had the energetic strut of Iggy Pop and the evocative, funny monologues — about faith, protest and community — of an oracle. From the very first song, the audience was intensely rapt.
Persons: Sinead O’Connor, Christeene, demimonde, ” Christeene, , Pop Organizations: Carnegie Hall Locations: demimonde —, City, Manhattan, nether
If you had a spare $1 million to invest right now, what should you buy? He would allocate roughly 60% into stocks this way: 15% each to U.S. large-cap growth stocks and U.S. large-cap value stocks; 4% to small-caps; and 8% to mid-caps. "We really believe in style diversification and feel that remaining diversified with value and growth stocks remains prudent," Benson said. With a million dollars to invest, it would be "reasonable" for investors to put their money in both small- and mid-cap stocks now, he said. The average amount of money that his clients invest is $1.3 million, and his firm manages over $1.2 billion.
Persons: Aaron Benson, Baird, Benson, Chris Fasciano, Shams Afzal, Afzal, Louis Navellier, they've, Navellier, Li Auto Organizations: U.S . Federal, CNBC Pro, Commonwealth Financial Network, Carnegie Investment, Navellier, Associates, Nvidia, Computer, Micro, Mexico's Vista Energy, Volkswagen, Alamos Locations: U.S, Mexico, India, China
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