Extreme temperatures are driving travelers to seek cooler destinations. And there’s a term for the trend: “coolcations.”Heat waves — which are increasing in frequency, duration and intensity, according to the U.S. Environmental Protection Agency — are affecting where people are choosing to vacation, especially during the hot summer months.”Often, when we think of vacation, beaches and tropical escapes come to mind,” a spokesperson for Expedia told CNBC Travel. “Coolcations however, are all about opting for destinations where the temperatures are more moderate, where you’re packing a light sweater instead of a sun hat.” From January to June 2024, flight searches increased 705%…
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Corbin Carroll drew a five-pitch walk in the third inning of a forgettable Friday night in June. He had experienced the greatest thrill of his budding career at Citizens Bank Park last October but, as he jogged to first base, he was hitting .217. His confidence was cracking. Bryce Harper greeted Carroll. He put his right hand on Carroll’s shoulder.“I got something for you,” Harper said.“OK,” Carroll said, “text me, text me.”“No,” Harper said. “It’s nothing swing-wise. Just remember what name’s on your back.”Harper tapped Carroll’s shoulder. That was it. The Arizona Diamondbacks outfielder went 0-for-7 in the rest of…
Crimson clouds light up the skyline of Victoria Harbour on July 14, 2022 in Hong Kong, China.Li Zhihua | China News Service | Getty ImagesAsia-Pacific markets were set to rise Friday, with Chinese stocks likely capping off a week of gains on the back of Beijing’s stimulus measures aimed at boosting the economy.China will release its industrial profit data later in the day, this will be on a year-to-date basis through August and investors will have to wait for the next batch of data to assess the effects of Tuesday’s stimulus measures.Hong Kong’s Hang Seng index futures were at 20,575,…
A host of China stocks are recommended by investment analysts whether or not the economy gets a boost from measures taken this week to boost the sluggish domestic economy there. On Tuesday, the People’s Bank of China announced a series of steps designed to lift the country’s slumping economy. Policies introduced by the central bank included slashing its reserve requirement ratio — the amount of cash banks need to hold — to boost lending, and cutting other corporate and household rates, including existing mortgages. Stocks in China rose in response, with the CSI 300 Index climbing 4.3% Tuesday, its best…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailFast MoneyDavid Riedel, Riedel Research, joins ‘Fast Money’ to talk investing in China, tensions in the South China Sea, and more.04:287 minutes ago Source link
Of all Chinese internet stocks, one company has the “best risk-reward” for investors, Morgan Stanley says. That’s tech giant Tencent, according to the bank. The company has games, online advertising businesses and also owns chat app WeChat, among other units. It called Tencent a “safe haven” and named it its top pick in this sector. Morgan Stanley raised its price target for Tencent from 450 Hong Kong dollars to 480 Hong Kong dollars ($57.80 to $61.70). That represents a potential upside of around 12%. “We think Tencent has the best risk-reward among Chinese Internet stocks, with structural tailwinds in games,…
[The stream is slated to start at 11:30 a.m. ET. Please refresh the page if you do not see a player above at that time.]Federal prosecutors are expected to announce public corruption charges against New York City Mayor Eric Adams Thursday in a press conference in lower Manhattan.Adams has been indicted on criminal charges related to contributions to the Democrat’s 2021 mayoral campaign. Agents from the FBI searched his Gracie Mansion residence Thursday morning.Damian Williams, U.S. Attorney for the Southern District of New York, James Dennehy, FBI New York Assistant Director in Charge, and Jocelyn E. Strauber, Department of Investigation…
At an all-hands meeting on Thursday, OpenAI CEO Sam Altman denied reports that he received a “giant equity stake” in the company, calling that information “just not true,” according to a person who was in attendance. Altman and finance chief Sarah Friar both said at the meeting, conducted by video, that investors have raised concerns about Altman not having equity in the high-valued artificial intelligence company that he co-founded almost nine years ago, said the person, who asked not to be named because the gathering was only for employees. Regarding his potentially attaining an equity stake, Altman said, “There are…
Three down, how many more to go?Over the past seven weeks, the Chicago White Sox, Seattle Mariners and Cincinnati Reds have all fired their managers. If history is any indication, the turnover is only beginning.A fourth job will open when Skip Schumaker exercises his “get out of jail free” card with the Miami Marlins. Other changes are almost certain, whether due to retirements, postseason flameouts or internal conflicts.Sometimes, these things come out of nowhere. The Chicago Cubs’ hiring of Craig Counsell to replace David Ross at the end of last season was one such move. The St. Louis Cardinals’ firing…
U.S. President Donald Trump and Ukrainian President Volodymyr Zelensky looks on during a meeting in New York on September 25, 2019, on the sidelines of the United Nations General Assembly.Saul Loeb | Afp | Getty ImagesWASHINGTON — Former President Donald Trump said on Thursday that he would meet with Ukraine’s President Volodymyr Zelenskyy Friday morning at Trump Tower in New York.Trump was previously not expected to meet with the Ukrainian president, who has already held meetings on Thursday with both President Joe Biden and Vice President Kamala Harris. Both Trump and his running mate, Sen. JD Vance of Ohio, have been critical of the…
