Macau Locks Down Landmark Lisboa Hotel After COVID Cases Found

The market currently expects that the central bank will raise the Fed funds futures rate by 75 basis points in its latest salvo against red-hot inflation, a tactic which some fear could tip an already cooling economy into recession.

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While the government has stopped short of imposing a full scale lockdown in the former Portuguese colony, seen in Chinese cities such as Shanghai, most facilities are shut and restaurants can only provide takeaway.

Later in the week a raft of economic data - including consumer prices, retail sales and factory output - should provide a glimpse of the extent to which inflation has peaked and the economy has cooled down as the Federal Reserve moves closer to next week's policy meeting, which is expected to culminate in the second straight 75 basis point interest rate hike.
Risk-off sentiment, further stoked by Macao's first casino shutdown in over two years to curb the spread of COVID-19, also sent the Nasdaq into negative territory, with market leading tech- and tech-adjacent megacap stocks weighing heaviest.

Up to 200 partygoers can enjoy the 900-acre Italian estate's attractions which include a large swimming pool, a giant chess board in the garden, bee hives and its own, woods, lake and kitchen garden. Guests can dine in the wine cellar which is lined with enormous ancient barrels. 

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The authorities have placed more than 13,000 people under quarantine orders as the city battles to contain its biggest outbreak since the pandemic began. Macau has recorded more than 900 coronavirus infections since mid-June, prior to that it had largely been COVID-free since an outbreak in October 2021.

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Only Macau's casinos have been allowed to stay open in a move to ensure job security. The government relies on the industry for more than 80% of its tax revenue with most of the population employed directly or indirectly by the casino resorts.

NEW YORK, July 11 (Reuters) - The S&P 500 fell on Monday as dearth of catalysts left market participants warily embarking on a week back-end loaded with crucial economic data and the unofficial kick-off of second-quarter earnings season.

Ewan McGregor for Expedia It's gotta be hard to sell a travel-booking site during a pandemic, when travel is discouraged. Actor Ewan McGregor talks about what travel's meant to him, and how travel experiences are better than material possessions.

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"There´s nervousness about earnings season and the CPI report, but I think the market has a sense as to what CPI is going to bring this week," said Robert Pavlik, senior portfolio manager at Dakota Wealth in Fairfield, Connecticut.

HONG KONG, July 6 (Reuters) - Macau has locked down one of the city's most famous hotels, the Grand Lisboa, after more than a dozen COVID-19 cases were found there on Tuesday, with infections spreading rapidly in the world's biggest gambling hub.

The breathtaking setting in their south of Florence home is now a fully functioning organic farm and vineyard. The couple ferment and bottle their own wines on the vineyards of Il Palagio, using organic farming methods.

Its BetMGM joint venture has also forged tie-ups with Carnival Corporation to offer cruise ship gaming, and with Sony Pictures Television and slot machine producer IGT to launch a digital casino based on the television programme Wheel of Fortune.

Straw accessories are having a fashion moment right now, and while Trudie's bag is now sold out there's a plethora of other version on the high street to get the look. Head to the carousel to take your pick, where you'll also find her exact Loewe hat.

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