It's Summer Vacation Time. Tourists Are Saying No to America.
The summer vacation season has officially begun. Missing this year: the Canadians, Europeans and other foreign travelers who have flocked to America's tourist hot spots in recent years.
'There used to be thousands of people from Canada. They would give me Canadian dollars and I would change it at the bank,' said Omar Tallat, 35 years old, who runs a corn dog stand near Times Square. 'This year, business is very bad.'
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
31 minutes ago
- Yahoo
International players tee off in crazy golf trophy
An estimated 250 players will compete in the individual World Crazy Golf Championships on Saturday and Sunday. The annual tournament, held at Hastings Adventure Golf in East Sussex, will see entrants from at least seven countries, including the USA and New Zealand, compete. Advertisement The winner receives £1,250 in prize money and a further £2,500 is distributed between players placed second to eighth. Simon Tompkins, director of Hastings Adventure Golf, said it was "a great source of local pride to host the championships". The individual event has additional junior and novice categories. The team competition took place on Friday. Competitors play six qualifying rounds - three on Saturday and three on Sunday - before the best-scoring 18 players compete in the final. Seven different players have won the trophy in the event's 22-year history, according to organisers. Four-time winner Marc Chapman is back to defend his 2024 title [BBC] Canterbury fencing instructor Marc Chapman is attempting to defend his crown after winning his fourth title in 2024. Advertisement The reigning champion said he was "hooked" after he entered the event for the first time, and returns every year. Chapman told the BBC he won his first title at his 10th attempt and "the rest, as they say, is history." Tom Loftus from Minnesota, USA, flew in to compete in the Hastings tournament [ROBIN GREY/BBC] US competitor Tom Loftus said he was "absolutely thrilled" to take on the "classic" fifth hole, which requires players to avoid a windmill's spinning blades to make their putt. He added: "It was so exciting to have that moment. I just love windmills." Rainey Statum, who travelled to the tournament from Texas, USA, told the BBC he faced a long journey to make it to the tournament, flying to London via Chicago. Advertisement He said: "Because I don't do trains down in Texas I kinda got lost and it took five hours for me to get here to Hastings through the train and subway system. "They misplaced my luggage too, so I was here a day and a half without my luggage." Follow BBC Sussex on Facebook, on X, and on Instagram. Send your story ideas to southeasttoday@ or WhatsApp us on 08081 002250. More on this story Related internet links
Yahoo
an hour ago
- Yahoo
SolarBank to Use Geddes Project Proceeds for Bitcoin Purchases
SolarBank Corporation (NASDAQ:SUUN) announced that it is beginning to carry out its recently announced Bitcoin treasury strategy, first disclosed on June 3rd. The company is using the net cash flow from its Geddes Solar Power Project to purchase Bitcoin. With this move, SolarBank Corporation (NASDAQ:SUUN) becomes one of the early renewable energy firms to embrace a Bitcoin-focused treasury approach, aligning itself with other companies that have already incorporated Bitcoin into their financial holdings. In addition, the company is considering applying this strategy to other solar and battery storage projects it is developing, particularly those it plans to retain ownership of as an independent power producer. Solar panel workers installing a new farm for clean energy generation. The Geddes Project is a 3.79 MW solar initiative repurposing a landfill, contributing to SolarBank's 1+ GW pipeline. It's expected to be operational by June 2025, with Bitcoin allocation details to follow after launch. Dr. Richard Lu, President & CEO, and Director of SolarBank Corporation (NASDAQ:SUUN), made the following comment: "I am pleased we are moving forward with the first step in our Bitcoin treasury strategy. Geddes is the largest power producing assets that SolarBank will have operational and this strategy provides a sustainable way to add Bitcoin to SolarBank's balance sheet. By converting solar energy revenue into digital assets, we're creating a unique value proposition that combines the stable cash flows of renewable energy with the potential appreciation of Bitcoin, while supporting grid decarbonization and distributed energy resources (DER) expansion." SolarBank Corporation (NASDAQ:SUUN) is an independent company that develops and owns renewable and clean energy projects, specializing in distributed and community solar initiatives across Canada and the United States. While we acknowledge the potential of SUUN as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock. READ NEXT: and Disclosure. None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
an hour ago
- Yahoo
Is this the ultimate US growth stock to consider buying now?
When it comes to the best US growth stocks to buy, most investors have had their sights on Nvidia (NASDAQ:NVDA). The graphic processing unit (GPU) chip designer has created some of the most powerful artificial intelligence (AI) accelerator semiconductors that data centres worldwide have rushed to buy, even at an enormous premium price tag. And as a result, the Nvidia share price has skyrocketed by over 1,400% in the last five years. However in 2025, this impressive momentum's seemingly started to calm. In fact, since the start of the year, Nvidia shares have actually fallen by around 3% – a significant change, of course, compared to the 120% gain achieved over the same period last year. And that's despite Nvidia's growth continuing to fire on all cylinders. So if the financials are still improving, but the share price isn't responding, are investors looking for a potential buying opportunity? There are 64 institutional investors tracking this business right now. And the consensus is pretty bullish, with 58 issuing either Buy or Outperform recommendations. As for price targets, the average forecast among analysts is $175 per share by this time next year – or roughly 30% higher than current levels. For a $3.3trn enterprise, a 30% potential gain's pretty enormous. But it certainly doesn't sound far-fetched. After all, Nvidia currently controls around 80% of the AI chip market, forming the backbone of global AI infrastructure. And with new AI as well as gaming chips on the horizon, the company's market dominance looks set to continue. Looking at the latest first-quarter earnings report, sales were firmly ahead of analyst expectations at $44.06bn, with the all-important data centre-related sales growing by 73% year-on-year. Pairing that with continued excessive free cash flow generation and chunky profit margins, it's not hard to understand why analysts are so bullish, especially with AI still largely in its infancy. Despite delivering 73% data centre sales growth, this was actually slower than what the firm could have delivered if it wasn't for US export restrictions on China. Specifically, the company was unable to deliver $2.5bn worth of its H20 chips to China, resulting in a $4.5bn charge relating to excess inventory and purchase obligations. With demand from China not expected to return while the export restrictions remain in place, management's warned that data centre-related revenues in the second quarter will suffer an $8bn hit. The good news is there's ample demand from non-China-based customers to offset this impact in the long run. The bad news is most of the group's sales are to a small collection of hyperscalers like Microsoft, Amazon, and Meta Platforms. And should any of these decide their AI infrastructure is sufficiently upgraded or decide to switch to competing cheaper AI chips from the likes of AMD, Nvidia's strong grip on the AI market could start to weaken. Despite the trade-related challenges Nvidia's having to navigate, it remains the industry titan. Its high-performance hardware's backed up by world-class software in the form of its CUDA libraries – a technological advantage that its peers simply don't have. That doesn't mean the firm's immune to disruption. But with shares now trading at a reasonable valuation, it's a stock that definitely seems worthy of a closer look, in my opinion. The post Is this the ultimate US growth stock to consider buying now? appeared first on The Motley Fool UK. More reading 5 Stocks For Trying To Build Wealth After 50 One Top Growth Stock from the Motley Fool John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Randi Zuckerberg, a former director of market development and spokeswoman for Facebook and sister to Meta Platforms CEO Mark Zuckerberg, is a member of The Motley Fool's board of directors. Zaven Boyrazian has no position in any of the shares mentioned. The Motley Fool UK has recommended Advanced Micro Devices, Amazon, Meta Platforms, Microsoft, and Nvidia. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Motley Fool UK 2025
