Month: November 2024
Disney debuts its latest cruise ship, Treasure, as part of a plan to double its fleet by 2031
The captain of the Disney Treasure is Voyager Minnie, a version of the character that is specially costumed for the cruise ship. Disney The Disney fleet is expanding. Next month, the Disney Treasure cruise ship will make its maiden voyage from Port Canaveral, Florida, to the Caribbean, officially becoming the sixth ship in the company’s […]
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European markets trade higher as traders assess simmering geopolitical tensions
Treasury yields rise as investors weigh geopolitical tensions, economic data U.S. Treasury yields were higher on Wednesday as investors considered the geopolitical situation and assessed the latest economic data. At 2:58 a.m. ET, the yield on the 10-year Treasury was up by over four basis points to 4.4178%. The 2-year Treasury yield was last trading at 4.2932% after rising […]
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UK inflation surges above Bank of England’s 2% target, curbing December rate cut expectations
Customers buy flowers on stalls at Columbia Road Flower Market in East London. Henry Nicholls | Afp | Getty Images LONDON — U.K. inflation picked up sharply to a higher-than-expected 2.3% in October, data from the British Office for National Statistics showed Wednesday, tempering expectations of a December interest rate cut from the Bank of […]
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U.S. closes embassy in Kyiv over potential ‘air attack’ as tensions with Russia soar
KYIV, UKRAINE – JANUARY 24: A view of the U.S. Embassy on January 24, 2022 in Kyiv, Ukraine. According to media reports the embassy has ordered family members of embassy staff to leave the country and has also urged U.S. citizens in Ukraine to leave as well. Russia has amassed tens of thousands of soldiers […]
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Three global stocks to own in 2025, according to Barclays
The outlook for equity markets looks “decent” going into 2025, according to Barclays, as central banks cut interest rates and the global economy remains resilient. “Given limited valuation uplift for frothy parts of the market, global equities may struggle to deliver outsized risk-adjusted returns again in 2025. But they still screen favorably vs. bonds, cash […]
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What Trump’s return to the White House could mean for global bond yields
Former US President Donald Trump arrives during a “Get Out The Vote” rally in Greensboro, North Carolina, US, on Saturday, March 2, 2024. Bloomberg | Bloomberg | Getty Images Donald Trump’s U.S. election victory has ratcheted up concerns about higher prices, prompting strategists to rethink the outlook for global bond yields and currencies. It is […]
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Japan exports rise more than expected in October, rebounding from 43-month low
A line of trucks parked outside a shipping terminal in Yokohama, Japan, on Monday, Dec. 4, 2023. Bloomberg | Bloomberg | Getty Images Japan’s exports posted a 3.1% rise in October compared to a year ago, rebounding from a fall in September that marked a 43-month low. The climb beat expectations of a 2.2% rise […]
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Euro-dollar parity is back in focus as Trump win sparks trade jitters
The prospect of the U.S. introducing a swathe of new tariffs under President-elect Donald Trump has led economists to say the euro could return to parity with the U.S. dollar in their 2025 outlooks. Since Trump’s decisive victory in the Nov. 5 election, which also handed the Republican party control of both houses of Congress, […]
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U.S. ‘industrial renaissance’ is fueling a rebound in fundraising, Apollo CEO Marc Rowan says
Jonathan Gray, president and chief operating officer of Blackstone Inc., from left, Ron O’Hanley, chief executive officer of State Street Corp., Ted Pick, chief executive officer of Morgan Stanley, Marc Rowan, chief executive officer of Apollo Global Management LLC, and David Solomon, chief executive officer of Goldman Sachs Group Inc., during the Global Financial Leaders’ […]
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Target will report earnings before the bell. Here’s what to expect
People are seen at the parking lot of a Target store in Selinsgrove. Paul Weaver | Lightrocket | Getty Images Target will report fiscal third-quarter earnings on Wednesday and offer the latest clues on how the holiday season is shaping up for retailers, as the company tries to woo deal-hunting shoppers. Here’s what the discounter […]
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