Tag: lockdown

Updated at 10:20 am EST U.S. stocks were only modestly higher Tuesday, while the dollar drifted lower against its global peers and Treasury yields stabilized, as investors looked for a change in China’s strict Covid health policies following rare weekend protests in the world’s second-largest economy. Security remains tight in major Chinese cities, however, and…

Updated at 12:32 pm EST U.S. stocks pared earlier gains Friday, with investors hedging bets on an end-of-week rebound following a mixed October employment report and a four-day losing streak on Wall Street.  The U.S. economy added 261,000 new jobs last month, the Labor Department said, with the September total revised 56,000 higher to 319,000. The…

Las Vegas Sands  (LVS)  shares lead U.S. casino operators sharply higher Monday after officials in the city of Macau, the world’s largest gaming hub, agreed to allow tour groups from mainland China for the first time in nearly three years. Macau, a Special Administrative Region of the People’s Republic of China, said group visits -…

For all you parents out there: want your kids to get filthy rich? One path to great wealth is going to a first-class university. That’s what a study from global research firm Altrata shows. Here is its ranking of the top 10 U.S. universities in terms of the number of graduates enjoying a net worth…

Growth comes with a cost, especially when that growth was not in the original plans. Think of it like you would an old town, versus a new one. In high-growth parts of the country, builders have created something called a “master-planned community,” that’s a town or city planned out fully. This means that before builders…

The recovery has gotten very real for Royal Caribbean International (RCL) – Get Royal Caribbean Group Report. The cruise line has fought its way back from being shut down from U.S. ports for more than a year by the Centers for Disease Control and Prevention to cash-flow-positive on its way to being truly profitable. Royal…

During the pandemic, while cruise lines sailing from U.S. ports were not able to take passengers, getting an email from Royal Caribbean International (RCL) – Get Royal Caribbean Group Report usually meant something bad. When cruising stopped in March 2020, the cruise line kept selling future sailings. That’s because if it didn’t, and the Centers…

As the cruise industry continues to recover from the effects of the covid pandemic, more and more passengers are returning to ships to get a break from their regular routines.  To a large extent, the process has gone well, but there have been some frustrating carryovers from the worst of the pandemic.  For instance, there…

The covid pandemic has not ended, but the United States has gotten better at managing it. People still get infected, but the easy availability of vaccines as well as new treatments has kept serious illness from overwhelming America’s hospitals. Most of the country has simply moved past the covid pandemic. You might see people opting…

Cryptocurrency prices were lower on July 25, while a congressional committee looks to advance a bill on stablecoins and a major bank bought a stake in a crypto custodian firm. Bitcoin, the most popular cryptocurrency, was down 2.7% to $21,923.67 at last check, according to CoinGecko, while ether slipped 3.5% to $1,525.14, and dogecoin dropped…