The wealthy are shifting their travel and vacation patterns to avoid the heat and the crowds. CNBC’s Robert Frank joins ‘Squawk Box’ to discuss the latest ‘fallcation’ trend.
Category: Finance News
‘Danger zone of extreme weather’: UN warns of supersized El Niño set to hit global economy and markets
Latest modeling shows high risks of floods, drought and extreme heat persisting until February 2027.
Stocks making the biggest moves premarket: Snowflake, Moderna, Broadcom & more
These are the stocks posting the largest moves premarket.
China hits back at G20 statement on its reliance on exports, accusing them of ‘promoting protectionism’
China rejected G20 pressure over export-driven growth while also challenging U.S. Iran sanctions and European trade measures.
South Korea’s semiconductor exports just tripled year-over-year. Is it too much of a good thing?
If growth were to slow in the semiconductor sector, would the slowdown take the Korean economy with it?
New York Fed’s Williams says yield surge due to strong economic prospects
The central bank policymaker in a CNBC interview did not commit on whether he thinks an interest rate hike is necessary.
Private payrolls rose by 38,000 in August, fewer than expected, ADP reports
Though job creation held positive, August was the smallest gain since January and reflective of a broader slowdown in the labor market.
Stocks making the biggest moves premarket: Vertiv, Sirius, Dell, MongoDB & more
These are the stocks posting the largest moves premarket.
Berkshire CEO Greg Abel says Japanese bond yields not a challenge for trading houses right now
In an appearance on CNBC’s “Squawk Box,” Greg Abel said that yields in the country are still relatively low.
Nepal’s mountain tourism industry faces ‘serious warning’ after Himalayan flood disaster
Nepal’s devastating floods have raised fresh concerns for the country’s vital adventure tourism industry ahead of its peak travel season.