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What are the best places to visit in the world? Time magazine just revealed its annual World’s Greatest Places List, which highlights 100 amazing places around the globe—including hotels, cruises, restaurants, attractions, museums, parks and more. “Time’s list of the World’s Greatest Places is unique for several reasons,” senior editor Emma Barker told me in an interview. “First, Time is a news magazine, and we look at these spots through that lens, searching for places pegged to news—like the reopening of tourism to Maui in the fall—or offering something new and exciting—like the first hybrid cruise ships, from Havila Voyages.…

American International Group Inc. reduced its holdings in Travel & Leisure Inc. (NYSE:TNL – Free Report ) by 2.0% during the first quarter, according to the latest filing with the Securities and Exchange Commission. The institutional investor sold 1,968 shares during the quarter and now owns 96,116 shares of the company’s stock. American International Group Inc. held approximately 0.13% of Travel & Leisure Inc. shares, worth $4,706,000, at the end of the most recent reporting period. A number of other hedge funds and institutional investors also modified their holdings of the stock. Seven Eight Capital increased its holdings in Travel…

Key Takeaways This week could be the biggest week of the earnings season, with Microsoft, Apple, Amazon and Meta reporting earnings. Any big swings in these companies’ stocks could impact major indexes, and the market may be nervous after tech stocks tumbled last week on Tesla and Alphabet’s earnings. Weak earnings this week from the big tech companies could widen the cracks that began to appear last week. Investors will also be keeping an eye on capital spending from Microsoft and Amazon after Wall Street rallied against Alphabet’s AI investment. Stock markets have been volatile in recent weeks and could…

The Nasdaq 100 Index is in the midst of a correction after dropping 8% in just over two weeks due to a fierce withdrawal by big tech companies. Avoiding this questionable milestone will depend on the earnings of four companies worth nearly $10 trillion combined. The week also sees the Federal Reserve’s interest rate decision, and investors will be primarily focused on Microsoft’s earnings report on Tuesday, followed by earnings reports from Meta Platforms Inc, Apple Inc and Amazon.com Inc over the next two days. The stakes were already high after a surge in Big Tech stocks in the first…

In Q2 2024, Tesla’s gross margins hit a new low after declining every quarter since Q1 2022. With increased deliveries over the past few months, the US automaker, which pioneered bringing battery electric vehicles (BEVs) to the mass market, still holds the largest market share of all BEVs sold worldwide. Over the past year and the first three months of 2024, Tesla’s share remained steady at 19%, according to analysis by EV Volumes and Inside EVs over the same period. However, competition is fierce.As Statista’s Florian Zandt shows in the chart below, the Chinese conglomerate, which produces plug-in hybrids and…

Washington CNN — The inflationary landscape in these two seaside megacities is very different, with the pace of home construction being a determining factor for both regions. The Tampa-St. Petersburg-Clearwater, Florida, area recently recorded the lowest inflation rate among 23 U.S. metropolitan areas, at 1.8% for the 12 months ending in May, according to Consumer Price Index data. That’s a surprising reversal from last year’s record high. Meanwhile, the Honolulu metropolitan area in Hawaii recorded the nation’s highest annual inflation rate of 5.2% in May. Nationwide, inflation is running at 3% annually, according to the latest CPI. Economic development and…

Italy and China signed a three-year economic cooperation agreement on Sunday, Italian Prime Minister Giorgia Meloni said after meeting with Chinese Premier Li Qiang.During an official visit to Beijing, Meroni said he wanted to use the document to explore new opportunities for cooperation with China, but did not disclose what exactly these would entail.Meloni also said he wanted to make trade relations with China “fairer,” Italian news agency ANSA reported.Italy’s trade deficit with China widened to more than 40 billion euros ($43 billion) last year.She also criticised the investment imbalance at an economic forum in Beijing on Sunday.”Chinese investment in…

TEHRAN – Since the first day of this Persian calendar year, which began on March 20, the number of visitors to the tourist attraction of Koghir-ye Boyerahmad has reached about 706,000, local officials said.”The number of overnight stays in hotels and similar facilities in the province has also reached 166,000 so far this year,” Farshid Karami told Iran News Agency on Saturday, adding that for the time being, 2,500 beds have been prepared to accommodate tourists in Koghiryeh Boyerahmad province.Experts believe that Koghilye Boyerahmad is still a little-known tourist destination despite its rich historical, cultural and natural attractions. In terms…

Manama, July 28 (BNA): The Ministry of Health stressed Bahrain’s commitment to strengthening disease and epidemic prevention and providing high-quality diagnostic and treatment services to all citizens and residents in line with national and international health goals. This comes on the occasion of World Hepatitis Day, celebrated every year on July 28 under the theme “Now is the Time to Act”, which aims to raise public awareness about hepatitis and strengthen global cooperation to reduce the spread and complications of the disease and ultimately eradicate it. The ministry highlighted Bahrain’s key initiatives, such as including Hepatitis…

The tech crash isn’t over yet.The warning from strategists comes as investors sell off big tech stocks and pour into previously out-of-favor areas of the market.The Nasdaq 100 Index ended the weekend down 2.7%, its third straight weekly decline and the technology sector’s biggest one-day percentage drop since October 2022.The culprits are bets on the Fed cutting interest rates, Tesla’s (TSLA) sluggish earnings, and concerns about Alphabet’s (GOOG, GOOGL) increased AI spending.”Valuations are perfectly priced both from an earnings perspective and an interest rate perspective, and ultimately we’ll see some sort of valuation correction,” Megan Hornman, chief investment officer at…