With consumers getting more selective on how and where they vacation, cruise lines are fighting for Americans’ tourist budgets. Royal Caribbean thinks shortening trips and packing the days with activities and exclusive opportunities will keep customers hooked. “I think we are an experience-driven mindset,” Royal Caribbean CEO Jason Liberty told CNBC’s “Squawk on the Street” … Read more
A trader works inside a booth, as screens display Viking cruise company logo, on the floor of the New York Stock Exchange. Stefan Jeremiah | Reuters Viking is not your typical cruise operator. Aboard its smaller, upscale vessels, you won’t find any kids. In fact, the cruise line doesn’t hide the fact that it is … Read more
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. (We’re no longer recording the audio, so we can get this new written feature to members as quickly as possible.) Quiet market: Stocks were mostly higher … Read more
Wall Street largely stumbled on Friday but still managed to post strong weekly gains. A powerful four-session winning streak that brought the Dow Industrials and the S & P 500 to all-time highs on Thursday was helped along by this week’s favorable update from the Federal Reserve. The Nasdaq , which was slightly higher on … Read more
CNBC’s Jim Cramer on Friday guided investors through next week’s most important happenings on Wall Street, saying to watch out for earnings from Walgreens as well as new data about consumer spending. “We’re no longer fighting the Fed, people — they don’t seem inclined to raise rates when they’re supposed to be cutting them, that … Read more
The Norwegian Viva is docked at PortMiami’s Terminal B ahead of its christening ceremony on Nov. 29, 2023, in Miami. Richard Tribou | Tribune News Service | Getty Images Norwegian Cruise Line Holdings on Tuesday reported its first profitable year since 2019 as fourth-quarter losses narrowed dramatically. The cruise company reported strong growth and ticket … Read more
The Carnival Radiance cruise ship at the Avalon, California, harbor on May 19, 2023. Aaronp/bauer-griffin | Gc Images | Getty Images Carnival announced Tuesday it would reroute cruise itineraries for a dozen ships scheduled to transit the Red Sea as tensions rise in the Middle East. “Given recent developments and in close consultation with global … Read more