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Will stocks get a Bernanke bounce? That's certainly what some traders are hoping for ahead of Fed Chairman Ben Bernake's testimony before the Senate Banking committee Thursday. But of course, there's always the chance his comments could bring on a Valentine's Day massacre.
Wild volatility has become such a norm in the stock market that it's impossible to imagine anything but another rocking week ahead.
Investors have been checking out of hotel stocks recently. Jake Fuller, hospitality analyst for Thomas Weisel Partners, thinks they'll want to check back in -- but not right away.
Major companies such as Chicago-based Marriott International, the Intercontinental Group of Britain, Accor of France and Shangri-La of Hong Kong, have built networks and are expanding aggressively through the country.
Athletes and companies alike are looking forward to the opportunity to shine under the spotlight in what will be a special event in the history of the Olympic games.
Top Western hotel brands are already well established in Beijing and Shanghai – as well as smaller cities – and are boosting their presence, looking to capitalize on the games, which are expected to draw an estimated 2 million visitors.
Commerce Secretary Carlos Gutierrez, leading a delegation representing US businesses to Hanoi's presidential palace, said the stage is set for trade growth between the US and Vietnam.
Wyndham Worldwide posted a better-than-expected 27 percent rise in third-quarter earnings Wednesday, helped by strong time-share sales and robust hotel demand.
Hotel operator Marriott International said Thursday that third-quarter profit fell because of lower timeshare profits and a higher tax rate. .
Stocks closed a listless trading session unchanged on Thursday as cautious investors stayed on the sidelines ahead of Friday's release of monthly employment data.
Here are my morning observations: 1) If there's anything there is a consensus on, it's that the four-year decline in volatility is now ending. The implications of this are very important for hedge funds and active investors, particularly those that employ a quantitative strategy: 1) fewer concentrated portfolios (spreading out risk), 2) an unwinding of leverage, and 3) sector rotation.
October's normally the month to fear on Wall Street, but it'll be hard to top the scary volatility of the summer. A hefty economic calendar, the start of corporate earnings season, news from the mired housing market, and the continuing unwinding of the credit crunch will keep market volatility high this coming month.
Hotel operator Marriott International said it planned to quadruple its hotels in China to 100 in the next five to six years to tap growing demand for tourism and business.
U.S. hotels and airlines are bracing for softer demand as the economy shows signs of slowing, but the pain may not hit the travel industry for months.
One year from Wednesday, Aug. 8, the 2008 Olympic Games will begin in Beijing -- focusing the world's attention on China like never before. As part of our one-year countdown to the games, CNBC sent Darren Rovell and Melissa Lee to China for a series of special reports.
It's officially one year to the Beijing Olympics and as we’ve told you before, the games are not only a cultural phenomenon for China - they are a business phenomenon, too. In fact, the Chinese government is spending $40 billion on infrastructure in the ramp-up to the games. So what’s the trade now, with the games only 365 days away.
CNBC's Bob Pisani says with all the worries over mortgage lenders, here's a CNBC 101 on how the mortgage business works, and why it is in a bit of a tizzy at the moment.
Think of the best teacher you ever had. What made him or her great? It likely wasn't their knowledge or diction or their wardrobe. It was very likely the passion they brought to the art of teaching. Shelby Futch is THAT kind of teacher. Futch is the CEO and founder of the Scottsdale Golf Group, which includes the John Jacobs Golf Schools. Jacobs, who is English, was an early partner of Futch's. A renowned golfer in his own right in his time, Jacobs is in his 80's now and lives in England.
August may mark the depths of summer vacation season, but it's been getting a bad wrap in recent years on Wall Street. Over the span of just about two-decades, the eighth month of the year has become among the weakest for the S&P 500, according to the Stock Trader's Almanac.
Investors are sure to keep one eye on the debt markets and the other on the foreign exchange as a cycle of rising risk aversion in the U.S. spurs an unwinding of the Japanese yen carry trade, which in turn sucks money away from global stock markets.