Carvana, SoFi, Alibaba, Tesla, and More Stock Market Movers

Text size Carvana stock was surging Monday. MARK RALSTON/AFP/Getty Images Stocks were falling Monday as investors traded cautiously ahead of the Federal Reserve’s decision on interest rates this week and earnings from some of the world’s largest technology companies. These stocks were making moves Monday: Carvana (CVNA) stock surged 36% Monday after jumping nearly 20% … Read more

China’s $6 trillion consumer market is digging itself out of a slump

BEIJING — China’s consumption recovery from zero-Covid is getting off to a solid start – after a depressing fourth quarter. When Michelin-starred restaurant Rêver reopened Thursday from a Lunar New Year break, it was fully booked, said Edward Suen, chief operating officer of the Guangzhou venue. Reservations for the next three days were near capacity, … Read more

China looks past Covid as tourist bookings surge for the Lunar New Year

BEIJING — People in China are moving past the pandemic and going out to travel, preliminary data for the Lunar New Year holiday show. “Pent-up demand is being released as many people rush to scenic spots, watch firework shows and crowd into restaurants and hotels,” Nomura’s chief China economist Ting Lu said in a report … Read more

Madhya Pradesh delegation at Maravanthuruthu to study Kerala’s STREET tourism project

Madhya Pradesh’s official delegation has arrived at Maravanthuruthu Panchayat in Kottayam district to study Kerala’s sustainable and inclusive tourism project, STREET, which received global recognition at the recent World Travel Market in London. STREET, which stands for Sustainable, Tangible, Responsible, Experiential, Ethnic, Tourism, has emerged as a model for community-oriented, sustainable tourism initiatives both at … Read more

Stocks Poised to Fall Monday

U.S. stocks are poised for a slightly lower open on Monday ahead of another busy week of earnings and the Federal Reserve’s latest decision on interest rates on Wednesday. At 6:22 p.m. Eastern time Sunday night, Dow Jones Industrial Average futures were down 39 points, or 0.1%, while the S&P 500 futures were down 0.2%, … Read more

Weak yen to boost travel; no full rebound without China

After more than two years of strict Covid-19 border controls, Japan reinstated visa-free travel to 68 countries on Tuesday. Maki Nakamura | Digitalvision | Getty Images The Japanese yen’s slump against the U.S. dollar has sparked some worry in Japan, but that could encourage more travelers to visit the country again, according to analysts — … Read more

How much does it cost to travel full time? Here’s what one couple pays

Ernestas Tyminas felt “stuck” in his role as a marketing manager at a newspaper in Colorado Springs, Colorado. So he requested two months off to backpack through Asia, he said, landing in Beijing in January 2019. “On the first day … I meet this one,” he said, gesturing to Darina Karpitskaya, sitting by his side. … Read more

Where do French people travel in France? Cote d’Azur Burgundy Brittany

International travelers may prioritize visits to the Eiffel Tower and the Louvre when they visit France.     But French residents have other ideas. Border restrictions during the pandemic largely gave locals the chance to explore their country without foreign tourists, which in 2019 numbered some 90 million. The French did not squander the opportunity. More … Read more

Firms plan to use balloons to go to space in 2024

Nearly half of Americans want to travel to space. But that means the other half doesn’t, according to a 2021 survey by ValuePenguin, one of LendingTree’s financial research websites. Nearly 40% said space travel was too dangerous, while others worried about environmental impact and costs. Soon there will be an option that addresses those worries, … Read more