Day: December 19, 2024
Bank of Japan holds rates at 0.25%
Bank of Japan governor Kazuo Ueda attends a press conference after a two-day monetary policy meeting at the BOJ headquarters in Tokyo on October 31, 2024. Richard A. Brooks | Getty Images The Bank of Japan on Thursday held its benchmark interest rate steady at 0.25%. The decision comes a day after the U.S. Federal […]
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Luxury safaris are changing — here’s what affluent travelers want now
Luxury safari-goers were once all about spotting lions, leopards, elephants, buffaloes and rhinos — albeit while staying in nicer tents and dining on gourmet food. But that’s changing. “Safaris are not just about the ‘Big Five’ anymore,” said Lori Cohen, a writer who covers luxury safaris. “People have got limited time off in their lives, […]
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CNBC Daily Open: Expectations on Fed cuts were the lethal blow to markets
Traders work on the New York Stock Exchange (NYSE) floor in New York City. Spencer Platt | Getty Images This 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 […]
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New Zealand sinks into recession, more rate cuts coming
Buildings in Auckland, New Zealand, on Tuesday, Sept. 13, 2022. Photographer: Fiona Goodall/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images New Zealand’s economy sank into recession in the third quarter as activity dived far more sharply than expected and output in the prior quarter was slashed, a dire result that cements the case for […]
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Chinese self-driving trucking company pivots to generative AI for video games
Key Points Chinese autonomous trucking company TuSimple has rebranded to CreateAI, with a focus on video games and animation, the company announced Thursday. Now, just over two years after CEO Cheng Lu rejoined the company in the role after being pushed out, he expects the business can break even in 2026. CreateAI expects to lower […]
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