Sonali Basak

New York

Global Finance Correspondent and Anchor, Open Interest and Real Yield at Bloomberg Television

Global finance correspondent @BloombergTV + anchor for Open Interest 9-11 am daily New York time, & writing like mad @business. @NYUStern MBA. Views are my own.

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Articles

Wall Street Faces Its Ultimate Enemy: Uncertainty

1 week ago | bloomberg.com | Sonali Basak

As the president continues his tariff machinations and the world holds its breath, investors are getting increasingly anxious. Global finance correspondent for Bloomberg Television Sonali Basak takes the pulse of the market in this moment of “max uncertainty.” Plus: the workers allowed to work for less than the minimum wage. If this email was forwarded to you, click here to sign up .
Carlyle CEO Says Stickiness of Inflation Reflects Strong Economy

1 week ago | bloomberg.com | Sonali Basak

Harvey Schwartz(Bloomberg) -- Carlyle Group Inc. Chief Executive Officer Harvey Schwartz said inflation across the firm’s portfolio companies is showing that the economy remains resilient, making it too early to judge whether the US is headed toward a recession. “We see the stickiness of inflation,” Schwartz said on Wednesday in an interview for an upcoming series for Bloomberg Originals, .
Carlyle CEO Says Stickiness of Inflation Reflects Strong Economy

1 week ago | news.bloombergtax.com | Sonali Basak

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Carlyle CEO Says Stickiness of Inflation Reflects Strong Economy

1 week ago | news.bloomberglaw.com | Sonali Basak

Carlyle Group Inc. Chief Executive Officer Harvey Schwartz said inflation across the firm’s portfolio companies is showing that the economy remains resilient, making it too early to judge whether the US is headed toward a recession. “We see the stickiness of inflation,” Schwartz said on Wednesday in an interview for an upcoming series for Bloomberg Originals, Bullish.
Carlyle CEO Says Stickiness of Inflation Reflects Strong Economy

1 week ago | news.bloomberglaw.com | Sonali Basak

Carlyle Group Inc. Chief Executive Officer Harvey Schwartz said inflation across the firm’s portfolio companies is showing that the economy remains resilient, making it too early to judge whether the US is headed toward a recession. “We see the stickiness of inflation,” Schwartz said on Wednesday in an interview for an upcoming series for Bloomberg Originals, Bullish.
Treasury Says Taxes Higher Than Last Year But X-Date Yet Unclear

1 week ago | news.bloombergtax.com | Sonali Basak |Katie Greifeld |Matthew Miller

Deputy Treasury Secretary Michael Faulkender said that it’s too soon to determine when the government will exhaust its capacity to make good on all its payments on schedule due to the debt limit, but that revenues are coming in higher than last year. “Tax day is next week.
Treasury Says Taxes Higher Than Last Year But X-Date Yet Unclear

1 week ago | news.bloomberglaw.com | Sonali Basak |Katie Greifeld |Matthew Miller

Deputy Treasury Secretary Michael Faulkender said that it’s too soon to determine when the government will exhaust its capacity to make good on all its payments on schedule due to the debt limit, but that revenues are coming in higher than last year. “Tax day is next week.
Financial Stress Has More Americans Tapping Their 401(k)s (Video)

2 weeks ago | southfloridareporter.com | Suzanne Woolley |Sonali Basak

More Americans than average are turning to their retirement accounts for emergency cash in a trend that's catching the attention of Empower, the nation's second-largest retirement plan provider by plan participants. Hardship withdrawals from 401(k)s are running about 15% to 20% above the historical norm, Empower CEO Ed Murphy said Monday in a Bloomberg TV interview.
Financial Stress Has More Americans Tapping Their 401(k)s

2 weeks ago | fa-mag.com | Suzanne Woolley |Sonali Basak

More Americans than average are turning to their retirement accounts for emergency cash in a trend that’s catching the attention of Empower, the nation’s second-largest retirement plan provider by plan participants. Hardship withdrawals from 401(k)s are running about 15% to 20% above the historical norm, Empower CEO Ed Murphy said Monday in a Bloomberg TV interview.
More Americans Are Taking Hardship Withdrawals From Their 401(k)s

2 weeks ago | bloomberg.com | Suzanne Woolley |Sonali Basak

Empower sees hardship withdrawals running 15% to 20% above the historical norm. More Americans than average are turning to their retirement accounts for emergency cash in a trend that’s catching the attention of Empower, the nation’s second-largest retirement plan provider by plan participants. Hardship withdrawals from 401(k)s are running about 15% to 20% above the historical norm, Empower CEO Ed Murphy said Monday in a Bloomberg TV interview.