Royal Caribbean's "Icon of the Seas," billed as the world's largest cruise ship, sails from the Port of Miami in Miami, Florida, on its maiden cruise, on Jan. 27, 2024.Marco Bello | Afp | Getty ImagesThe demand for cruises is still going strong โ and it doesn't appear to be...
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Ray Dalio concerned about America postelection: ‘Both candidates worry me’
Ray Dalio speaking with CNBC at the Future Investment Initiative in Riyadh, Saudi Arabia, on Oct. 30, 2024.CNBCA postelection America worries U.S. billionaire Ray Dalio, who called for reforms numerous times amid a political landscape rife with what he views as irreconcilable differences between both Democratic and Republican parties.Speaking at the...
Chinese IPOs in the U.S. and Hong Kong are set to increase next year, analysts say
Chinese autonomous driving company WeRide listed on the Nasdaq on Friday, Oct. 25, 2024.China News Service | China News Service | Getty ImagesBEIJING โ Chinese IPOs in the U.S. and Hong Kong are set to increase next year, analysts said, as some high-profile listings outside the mainland this year raise...
Consumer confidence surges as election nears, while job openings move lower
Consumers grew more optimistic about the U.S. economy heading into the contentious presidential election even as job openings hit multi-year lows, according to separate reports released Tuesday.The Conference Board's consumer confidence index for October rose more than 11% to a reading of 138, its biggest one-month acceleration since March 2021....
Private jet flights are down 15% in two years as Covid-era demand wanes
A Gulfstream G-IV private jet flies past clouds at sunset on approach to Washington's Reagan National Airport on June 12, 2024, in Arlington, Virginia.J. David Ake | Getty ImagesA version of this article first appeared in CNBC's Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor...