Business

Carnival Cruise Line has a problem that's great for passengers

Carnival Cruise Line has a problem that’s great for passengers

After the pandemic devastated the cruise industry, many questions remained about how long it would take major cruise lines to return to normal. The answer is sort of split as Royal Caribbean International (RLC) and Carnival Cruise Line (CCA) started their fleets very quickly from ports in the United States. These vessels began returning to …

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Jobs data, Elon Musk's delayed Twitter deposition, Levi Strauss wins week on top

Jobs data, Elon Musk’s delayed Twitter deposition, Levi Strauss wins week on top

US Bancorp Wealth Management senior investment strategist Rob Haworth talks about the US financial system facing “systemic risk” in “The Claman Countdown”. The next week for investors on Wall Street will focus on key employment data as the final quarter of 2022 kicks off, as well as corporate earnings from big names like Conagra Brands, …

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'Trading Like a Lehman Moment’ — Credit Suisse, Deutsche Bank Suffer From Distressed Valuations as the Banks’ Credit Default Insurance Nears 2008 Levels

“Trading Like a Lehman Moment” – Credit Suisse and Deutsche Bank Suffer from Distressed Valuations as Bank Credit Default Insurance Approaches 2008 Levels CryptoBlog

More than a decade has passed since the financial crisis of 2007-2008, when Lehman Brothers, the fourth largest investment bank in the United States, collapsed and filed for bankruptcy. Nearly 14 years later, Credit Suisse and Deutsche Bank, two of the world’s largest banks, are suffering from distressed valuations and bank credit default insurance levels …

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Stock market: 2022 exposes 'the bizarre plumbing of the post-QE financial system', says BofA

Stock market: 2022 exposes ‘the bizarre plumbing of the post-QE financial system’, says BofA

The third quarter is officially over, and the stock market saw the Dow (^DJI) post its worst September performance in two decades – down nearly 2,800 points, or 8.9% for the month – while the S&P 500 (^GSPC) and The Nasdaq Composite (^IXIC) are now in the red for three consecutive quarters for the first …

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How John Deere plans to build a fully autonomous farming world by 2030

How John Deere plans to build a fully autonomous farming world by 2030

Can John Deere become one of the world’s leading AI and robotics companies alongside Tesla and Silicon Valley tech giants in the next decade? This notion may seem incongruous with the general perception of the 185-year-old company as a heavy-metal maker of tractors, bulldozers and lawn mowers painted in the iconic green and yellow colors. …

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Toyota CEO Akio Toyoda explains why he's not quite on electric vehicles - and what prompted him to do a 'happy dance'

Toyota CEO Akio Toyoda explains why he’s not quite on electric vehicles – and what prompted him to do a ‘happy dance’

Toyota CEO Akio Toyoda speaks during a small media roundtable on September 29, 2022 in Las Vegas. Toyota LAS VEGAS — Toyota Motor CEO Akio Toyoda said simply last week what he would like his legacy to be: “I love cars.” How well the 66-year-old racer, car enthusiast and company scion will be remembered when …

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According to the Redfin report, the rise in mortgage rates of around 7% is the highest since July 2007, shortly before the crash that triggered the Great Recession.

Typical mortgage payment soared $337 in just six weeks as interest rates nearly hit 7%

The average American homeowner saw their monthly mortgage payment increase by 15% or $337, according to a shocking new report from Redfin. The report goes on to say that the mortgage rate hike of around 7% is the highest since July 2007, shortly before the crash that triggered the Great Recession. This causes potential buyers …

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According to the Redfin report, the rise in mortgage rates of around 7% is the highest since July 2007, shortly before the crash that triggered the Great Recession.

Typical mortgage payment soared $337 in just six weeks as interest rates nearly hit 7%

The average American homeowner saw their monthly mortgage payment increase by 15% or $337, according to a shocking new report from Redfin. The report goes on to say that the mortgage rate hike of around 7% is the highest since July 2007, shortly before the crash that triggered the Great Recession. This causes potential buyers …

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U.S. Senator Introduces ‘No Digital Dollar Act’ to Prohibit Treasury and the Fed From Interfering With Americans Using Paper Currency

US Senator Introduces ‘Anti-Digital Dollar Act’ to Ban Treasury, Fed From Interfering With Americans Using Paper Money

A US senator has introduced the “No Digital Dollar Act to prohibit the US Treasury and Federal Reserve from interfering with Americans using paper money” if a central bank digital currency is adopted. The bill further states, “No central bank digital currency shall be deemed legal tender under Section 16 5103 of Title 31, United …

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Michigan cheeses sold at Meijer, Whole Foods, other stores recalled for possible Listeria

Michigan cheeses sold at Meijer, Whole Foods, other stores recalled for possible Listeria

A Michigan cheese company with products in most small and large grocery stores in the state and nation is recalling dozens of products due to possible Listeria contamination. Here is the information from the FDA: Old Europe Cheese, Inc. of Benton Harbor, MI is issuing a voluntary recall of its Brie and Camembert cheeses due …

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