Scarlet Cardona, autor en thickcookie

Jul

2024

UNESCO warns European cities: tackle overtourism or face wider protests

European cities are on alert: if the negative impacts of mass tourism on residents are not addressed, there is a risk of widespread protests, a UNESCO official warns. “The situation is becoming increasingly tense,” said Peter Debrine, Senior Project Officer for Sustainable Tourism at UNESCO. “Public pressure for change is crucial because these are elected officials who are accountable for the needs of their citizens.” Debrine pointed to Venice, Italy, as a cautionary tale. Protests erupted over environmental and structural damage caused by massive cruise ships sailing through the Grand Canal. The city eventually banned large cruise ships in 2021.…

Jul

2024

By Scarlet Cardona

Stocks That Moved Biggest After Hours: Five Below, Interactive Brokers, JB Hunt, and More

Investments and Business

Key points Retail and transportation stocks shine: Shares of Five Below and JB Hunt rose after the close of trading, reflecting positive developments in the retail and transportation sectors, respectively. Interactive Brokers faces headwinds: Interactive Brokers' stock price fell after the stock market closed, likely due to investor concerns following the release of mixed financial results. Spirit Airlines continues its upward trajectory: Shares of Spirit Airlines maintained their bullish momentum in after-hours trading, demonstrating continued investor optimism. Details Five below (FIVE): Shares of the teen-focused retailer gained 2.07% after the close, likely helped by positive investor sentiment following solid retail…

Jul

2024

By Scarlet Cardona

Burberry stumbles as profit warning triggers stock plunge, CEO resigns

Politics

Luxury fashion house Burberry faces turbulence after a disappointing first quarter. The company's shares fell 11% in early trading on Monday following a series of announcements, including a profit warning, CEO replacement and dividend suspension. Financial outlook bleak Burberry painted a bleak picture of its near-term future. Citing a deepening sales slowdown, the company warned of potential operating losses for the first half of the year and a lower-than-current-expectations full-year profit. The gloomy outlook comes as sales fell significantly across its regions: Europe, the Middle East, India and Africa (EMEIA), Asia Pacific and the Americas, with comparable store sales down…

Jul

2024

By Scarlet Cardona

Goldman Sachs in the spotlight: Q2 results

Investments and Business

Goldman Sachs is set to report its second-quarter results on Monday, sparking excitement on Wall Street. With the financial sector recovering after a slow 2023, analysts are eager to see how the investment giant will fare. Goldman Sachs Market Forecast Earnings: Analysts polled by LSEG expect earnings per share of $8.34. Income: LSEG estimates revenue will reach $12.46 billion. Trading revenue: StreetAccount expects fixed income revenue of $2.96 billion and equity revenue of $3.17 billion. Banking Investment: StreetAccount forecasts investment banking revenue to reach $1.80 billion. Goldman Sachs: A heavy dependence on volatile markets Goldman Sachs relies heavily on investment…

Jul

2024

By Scarlet Cardona

Ewan Mitchell Shines as Aemond Targaryen in ‘House of the Dragon’

Politics

Ewan Mitchell, like many, is used to anonymity. However, that changed during a recent trip to Manhattan, when a hotel concierge surprised him with the question, "You didn't put on your eyepatch?" It was a nod to his role as Aemond Targaryen, the one-eyed warrior who rides a dragon in "House of the Dragon." Mitchell, who doesn't usually wear an eye patch, is still getting used to being recognized in public. "I didn't think people would recognize me, but they do," he noted. "I think it's because of my big chin." One afternoon in May, Mitchell, 27, was sipping a…

Jul

2024

By Scarlet Cardona

France’s future is uncertain after election results

Politics

According to French pollsters' projections based on preliminary results, France appears to be heading for a prolonged political stalemate, as no party or coalition has won an absolute majority of parliamentary seats. Experts suggest the immediate path forward is unclear. The country could face months of political instability, with President Emmanuel Macron facing a deeply divided parliament that includes two blocs staunchly opposed to him. "Without an absolute majority, the government will be at the mercy of opposition parties that will unite to overthrow it," said Dominique Rousseau, professor emeritus of public law at the Panthéon-Sorbonne University in Paris. Projections…

Jul

2024

By Scarlet Cardona

from the octagon to the hippodrome and beyond

Politics

Donald “Cowboy” Cerrone, a name synonymous with mixed martial arts (MMA), has carved out a unique path for himself, venturing beyond the confines of the octagon into the world of racing and acting. This episode of Kevin Harvick’s Happy Hour delves into Cerrone’s remarkable journey, exploring his motivations and the lessons he’s learned along the way. Passion for speed Cerrone’s move to racing stems from a lifelong passion for motorsports. Growing up in a family of racers, he was exposed to the thrill of competition at an early age. This passion eventually led him to off-road racing, where he found…

Jul

2024

By Scarlet Cardona

Mixed reactions in Asia: US inflation cools, yen rises

Politics

Asia-Pacific markets were mixed on Friday following the release of US inflation data for June. The news, which showed inflation hitting a three-year low of 3%, gave the Federal Reserve more leeway for potential rate cuts in the coming months. Core inflation data also came in slightly lower than expected. Yen Strengthens on Suspected Intervention The Japanese yen surged against the U.S. dollar after the release of U.S. inflation data. The unexpected move prompted analysts and traders to suspect intervention by Japan's Ministry of Finance. The currency jumped from around 161.52 on Thursday evening to 158.55 at noon Tokyo time,…

Jul

2024

By Scarlet Cardona

Cooling prices pave the way for possible rate cuts

Investments and Business

The Federal Reserve’s path to lower interest rates gained clarity after a key inflation report Thursday. The consumer price index (CPI), a gauge of consumer goods and services, fell 0.1% in June from May, marking the first monthly decline in more than four years. The welcome news brings the annual inflation rate to 3%, near a three-year low. Creating momentum for policy change June data reinforces the case for the Fed to ease borrowing costs later this year. Stock markets reacted positively, with futures rising while Treasury yields fell. Analysts now believe a September rate cut is a strong possibility,…