Tourists take photos of early blooming Sakura trees in front of a convenience store in Tokyo. Early blooming Sakura trees in Tokyo, particularly varieties like Kawazu-zakura, typically start flowering in late February to early March, ahead of the more common Somei Yoshino cherry blossoms that peak in late March to early April. The phenomenon is tied to milder winters and specific cultivars, offering a vibrant pink spectacle against Tokyo’s urban backdrop before the main cherry blossom season kicks off. Sopa Images | Lightrocket | Getty ImagesForeign tourists have had a disproportionately large impact on Japan’s economic growth in recent years. However,…
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U.S. Federal Reserve Chair Jerome Powell holds a press conference after the Monetary Policy Committee meeting, at the Federal Reserve in Washington, DC on March 19, 2025.Roberto Schmidt | AFP | Getty Images The U.S. Federal Reserve concluded its meeting exactly as market watchers had expected: by keeping interest rates steady. While a cut might have been a pleasant surprise to some — as lower interest rates generally support the economy and stock market — it could also have intensified investors’ worries that the economy is headed south.It was the Fed’s dot plot, or a projection of where central bankers…
BEIJING, CHINA – JANUARY 06: The People’s Bank of China (PBOC) building is seen on January 6, 2025 in Beijing, China. Visual China Group | Getty ImagesChina kept its key lending rates unchanged on Thursday, as Beijing juggles propping up growth and stabilizing its currency amid mounting trade frictions.The People’s Bank of China held the 1-year loan prime rate at 3.1% and the 5-year LPR at 3.6%, where they have been since a quarter-percentage-point cut in October.The rate decision follows the U.S. Federal Reserve’s move to hold benchmark interest rates. Fed officials, however, indicated likely half a percentage point of rate…
For the eighth year in a row, Finland has taken the No. 1 spot on the World Happiness Report’s list of the happiest countries. Denmark, Iceland, Norway and Sweden also made the top 10.The Nordic countries dominating this list shouldn’t come as a surprise, says Ilana Ron Levey, managing director at Gallup. There is stability in countries that provide for their residents.”Finland is an extraordinary outlier and I think the world is really focused on understanding what is unique about Finland,” she says. She cites “a belief in others,” optimism for the future, trust in institutions, and support from friends…
The protests against President Aleksandar Vucic of Serbia had been growing in intensity and size when an unusual guest showed up in its capital this month to meet with the embattled European leader: Donald Trump Jr., the oldest son of President Trump.The quick visit by Mr. Trump, which included a meeting with Mr. Vucic to talk about U.S. foreign aid to Serbia, came as the Trump family and Jared Kushner, the American president’s son-in-law, were moving ahead with plans to build a Trump International Hotel in Belgrade, the first such property in Europe.The hotel is slated to be built atop…
Keyvan Mohajer, Soundhound CEO, joins ‘Fast Money’ to talk its partnership with Nvidia. Source link
CEO Jensen Huang discussed the impact of Chinese startup DeepSeek’s new artificial intelligence model in a Wednesday interview with CNBC’s Jim Cramer at Nvidia’s annual GTC conference. Huang asserted that the groundbreaking model will actually require more computation than many in the industry thought.According to Huang, DeepSeek’s R1 model is “fantastic” because it is “the first open-sourced reasoning model.” He explained that the model breaks down problems step-by-step, is able to come up with different answers, and it can verify whether its answer is correct.”This reasoning AI consumes 100 times more compute than a non-reasoning AI,” he said. “It was…
A pedestrian jogs along the Bund across from buildings in Pudong’s Lujiazui Financial District in Shanghai, China, on Thursday, Jan. 2, 2025.Bloomberg | Bloomberg | Getty ImagesAsia-Pacific markets opened higher, tracking Wall Street gains following the Federal Reserve’s decision to hold interest rates steady. The U.S. central bank also noted that a severe economic downturn was unlikely.Australia’s S&P/ASX 200 traded 0.77% higher at the open. Hong Kong’s Hang Seng index futures were at 24,719, weaker than the HSI’s last close of 24,771.14.South Korea’s Kospi climbed 0.64% at the open, while the small-cap Kosdaq rose 0.55%.Japan markets are closed for a…
Stocks @ Night is a daily newsletter delivered after hours, giving you a first look at tomorrow and last look at today. Sign up for free to receive it directly in your inbox. Here’s what CNBC TV’s producers were watching as stocks rallied after the Federal Reserve kept its outlook for two rate cuts in 2025 , and what’s on the radar for the next session. Europe on a roll The iShares Core MSCI Europe ETF (IEUR) is up 4.6% in March. The iShares Europe ETF (IEV) is up 4.5% in March. Vanguard’s European Stock Index Fund ETF (VGK) is…
Mike Khouw joins the Options Action traders to talk options surrounding FedEx and Nike ahead of earnings. Source link
