Oktoberfest is a worldwide phenomenon, a Bavarian beer festival celebrated in countries around the globe. But many say nowhere is it more fun than in its original home of Munich. The festival attracts some six million celebrants every year, according to a festival website operated by Munich’s Department of Labor and Economics. As a non-Bavarian … Read more
September is a historically weak month for stocks, but the first U.S. Federal Reserve rate cut in four years meant that markets have mostly bucked the trend so far. The S & P 500 has risen around 1% month-to-date, and jumped about 8% since the end of June when stocks went through much volatility. But … Read more
Buildings in Pudong’s Lujiazui Financial District in Shanghai, China, on Monday, Jan. 29, 2024. Bloomberg | Bloomberg | Getty Images Asia-Pacific markets are mostly set to climb on Tuesday, tracking gains on Wall Street after the S&P 500 and Dow Jones Industrial Average touched new closing highs in Monday’s trading session. The broad market index … Read more
One type of technology is becoming essential to support Nvidia and other tech giants’ artificial intelligence server requirements, according to Japanese bank Nomura. That’s liquid cooling, a cooling technology used in data centers which helps to improve power and cost efficiency. The type of cooling used to date has been air cooling, but companies are … Read more
After the U.S. Federal Reserve cut interest rates by a bumper 50 basis points , investors have been left wondering whether growth or value stocks are the best bet. On CNBC’s upcoming Pro Talks , Silvia Amaro will ask value investor Sean Peche where he sees opportunities in the current market. Submit your questions here. … Read more
Despite being in office less than three months, U.K. Prime Minister Keir Starmer has already raised eyebrows for accepting donations in the form of clothes and other gifts from a wealthy businessman. The Labour Party leader, who won power in a landslide victory on a promise to restore trust in politics, has denied any wrongdoing … Read more
Britain’s Chancellor of the Exchequer Rachel Reeves speaks on the second day of the annual Labour Party conference in Liverpool, north-west England, on September 23, 2024. Paul Ellis | Afp | Getty Images Liverpool, ENGLAND — U.K. Finance Minister Rachel Reeves vowed on Monday that Britain will not return to austerity, but said she would … Read more
Republican presidential nominee former President Donald Trump speaks at a campaign event at a farm, Monday, Sept. 23, 2024, in Smithton, Pa. Alex Brandon | AP Former President Donald Trump on Monday threatened John Deere with a 200% tariff if the agricultural manufacturer moves production to factories in Mexico. “They’ve announced a few days ago … Read more
Investors are still expressing signs of concern despite the stock market hitting all-time highs, according to Deutsche Bank. After the Federal Reserve cut interest rates by a half percentage point last week, the S & P 500 and the Dow Jones Industrial Average hit new milestones , topping 5,700 and 42,000, respectively, for the first … Read more
Agricultural commodities have seen intermediate-term momentum shift positively as they advance from long-term lows. This has been an emerging technical theme that we are attracted to with volatility having picked up in the equity market. Last month on Fast Money and in the Fairlead Strategies Idea Generator , we highlighted agricultural commodity ETFs like the … Read more