A customer pushes a shopping cart with bags outside of a Whole Foods Market grocery store on August 26, 2024 in El Segundo, California.Patrick T. Fallon | AFP | Getty ImagesThis report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe here.What you need to know todaySummer ended greenThe three major U.S. indexes climbed Friday, making August another month in the green for them, despite the sharp sell-off at the start of the month.…
Author: usaeverydaylife
The Hyatt Regency Washington on Capitol Hill is seen on August 21, 2024 in Washington, DC. Anna Rose Layden | Getty ImagesSome 10,000 U.S. hotel workers began a multi-day strike in several cities on Sunday after contract talks with hotel operators Marriott International, Hilton Worldwide and Hyatt Hotels stalled, the Unite Here union said.Unite Here, which represents workers in hotels, casinos, and airports across the United States and Canada, said thousands of workers at 24 hotels are on strike in some major travel destinations including San Francisco and San Diego in California, Hawaii’s capital city Honolulu, Boston, Seattle, and Greenwich, Connecticut, with workers from additional cities ready to join the walkout as the Labor Day holiday weekend continues.The strike is taking place with the…
Airfare, departure times, flight length — these are the usual considerations for travelers who want to book a flight.But now, more are looking at a new factor: the aircraft itself. One in five travelers said they are doing more research into the plane they may be flying on before they book, while slightly more (22%) said they are limiting air travel for the rest of the year, according to a survey conducted in June by the digital analytics company Quantum Metric.Overall, 55% of travelers said they have changed the way they book flights because of recent news about aircraft and…
People walk past the image of the ‘Monkey King’ character, or ‘Sun Wukong’ of Chinese action role-playing game ‘Black Myth: Wukong’, developed by Chinese video game company Game Science, during its launch day in Hangzhou, in eastern China’s Zhejiang province on August 20, 2024.Str | Afp | Getty ImagesBEIJING – China’s first attempt at a top-tier video game has smashed world records, bolstering the industry’s global ambitions just a few years after Beijing’s gaming crackdown.Black Myth: Wukong, an action game set in mythological China, sold more than 10 million units three days after its launch on Aug. 20. Ten days…
Investing in a volatile market is a tricky business — but one portfolio manager has tips on how to create a well-diversified portfolio to navigate that. “A good portfolio is a well-diversified one — and by well-diversified I mean a portfolio that has exposure to asset classes that have different drivers of growth,” Nicolo Bragazza, associate portfolio manager at Morningstar Investment Management, told CNBC Pro . For instance, stocks tend to perform better when an economy is growing, while bonds — especially high-quality government bonds — make better investments during times of uncertainty when security and safety are key, he…
Commercial and residential buildings seen from the rooftop of the Lotte Corp. World Tower at sunset in Seoul, South Korea, on Tuesday, Nov. 28, 2023. Bloomberg | Bloomberg | Getty ImagesAsia-Pacific markets were set to open mixed on Monday as investors look toward a packed week of economic data and assess China’s business activity figures released over the weekend.Among the economic data coming out from major Asian markets are inflation data from South Korea, Australia’s second-quarter GDP data, as well as data on pay and household spending from Japan later this week.China released its official purchasing managers’ index data for August.…
Bank of America analysts painted an optimistic picture for a handful of European technology stocks, forecasting an acceleration in growth during the latter half of this year. Despite a challenging earnings season and mixed results in the second quarter — which contributed to the 10% fall in European technology stocks since mid-July — the bank sees potential for acceleration in critical areas of the industry. .STOXX 1Y line The European tech sector has experienced significant volatility this year, with performance varying widely across different companies. While some firms like SAP have seen substantial gains of nearly 45%, others, such as…
Pattaya, Thailand, could see an influx of tourists if a casino gets built in the city.Boonchai Wedmakawand | Moment | Getty ImagesThailand is working on a new game plan to boost foreigner arrivals and increase tourism spending: casinos.The strategy has worked for Macao — which has overtaken Las Vegas as the world’s largest gambling hub — and Singapore, with two successful 14-year-old casinos.If Thailand’s draft bill gets passed into law, the country could be Macao and Singapore’s largest competitor by the end of the decade, industry watchers told CNBC.”They’ve seen what building casinos did for Singapore, and the power of…
And now, 17 Final Thoughts from the first three days of Week 1. (Apologies, LSU and USC, I just couldn’t wait.)1. So, what was your “We’re not in Kansas, anymore” moment of the first full weekend of New World College Football? For me, it was turning on Friday night’s TCU-Stanford game, seeing an ACC logo and realizing I was watching an ACC nonconference game between schools from Texas and California.The ACC team (Stanford, if you’ve lost track) lost that one 34-27. Which soon became a recurring theme.2. Were this any season played between 2014 and 2023, I’d be writing a…
The Reichstag, German Parliament BuildingHiroshi Higuchi | Photolibrary | Getty ImagesBERLIN, Sept 1 (Reuters) – German state elections that dealt a heavy blow to the parties in Chancellor Olaf Scholz’s government and historic wins for two anti-establishment parties are likely to aggravate instability in an already fractious ruling coalition.With only a year to go before a national election in Europe’s largest economy, Sunday’s results look set to increase the pressure on Scholz to be tougher on immigration and intensify the debate over support for Ukraine as issues that dominated campaigning.The German government’s faltering authority could also complicate European policy when the bloc’s other major…
