Things To Do In SW Florida

Walt Disney World is rolling out a new pirate-themed hot spot at Magic Kingdom. The Beak and Barrel, located in Adventureland, is designed as an immersive experience that serves drinks, small plates and a big serving of swashbuckling atmosphere.

Beak and Barrel, the next-door neighbor of the Pirates of the Caribbean ride, officially debuts Aug. 29. Disney previewed the space for members of the media Friday.

Sea sights

The interior decor is all pirate, all over the place. Look any direction to spy multiple ships in bottles, an array of flags, a crackling faux fireplace, melting candles, skulls, squid carvings, big bells, fanciful signs (“no fowl language” and a flier for Walk the Plans Swim School), dozens of portraits of ships and people, including Captain Merry Goldwyn, who, in Disney lore, runs the place.

The tavern looks like an extension of the Pirates of the Caribbean attraction queue, which resembles a fortress. The Beak ceiling is vaulted, and the floor is stone. It’s fairly dark in the two main rooms, which have a couple of subset nooks, including the map makers’ room. There are lots of two-top seating, but also big tables and heavy-duty booths. read more

By ELAINE KURTENBACH, Associated Press Business Writer

BANGKOK (AP) — Nvidia CEO Jensen Huang said Friday that the company is discussing a potential new computer chip designed for China with the Trump administration.

Huang was asked about a possible “B30A” semiconductor for artificial intelligence data centers for China while on a visit to Taiwan, where he was meeting Nvidia’s key manufacturing partner, Taiwan Semiconductor Manufacturing Corp., the world’s largest chip maker.

Related Articles

• 
  First peek: The Beak and Barrel, Magic Kingdom’s pirate tavern

• 
  Powell signals Fed may cut rates soon even as inflation risks remain

• 
  Tokenized stock trading: The huge risks in moving stocks to blockchain

• 
  Wall Street rallies and the Dow soars 800 points on hopes for lower interest rates

• 
  As AI becomes part of everyday life, it brings a hidden climate cost

“I’m offering a new product to China for … AI data centers, the follow-on to H20,” Huang said. But he added that “That’s not our decision to make. It’s up to, of course, the United States government. And we’re in dialogue with them, but it’s too soon to know.” read more

By CHRISTOPHER RUGABER, Associated Press Economics Writer

JACKSON HOLE, Wyo. (AP) — Federal Reserve Chair Jerome Powell on Friday opened the door ever so slightly to lowering a key interest rate in the coming months but gave no hint on the timing of a move and suggested the central bank will proceed cautiously as it continues to evaluate the impact of tariffs and other policies on the economy.

In a high-profile speech closely watched at the White House and on Wall Street, Powell said that there are risks of both rising unemployment and stubbornly higher inflation. Yet he suggested that with hiring sluggish, the job market could weaken further.

Related Articles

First peek: The Beak and Barrel, Magic Kingdom’s pirate tavern

Nvidia’s CEO says it’s in talks with Trump administration on a new chip for China

Tokenized stock trading: The huge risks in moving stocks to blockchain

Wall Street rallies and the Dow soars 800 points on hopes for lower interest rates read more

By James Royal, Ph.D., Bankrate.com

The cryptocurrency industry has lately begun to heavily promote tokenized stocks, but what exactly are they? More importantly, what advantages do tokenized stocks offer — especially when investors already have safe, no-cost fractional share trading at many brokers?

A tokenized stock is a fancy way of saying that ownership of a stock can be transferred via blockchain, the technology behind cryptocurrency. Tokenizing, or digitizing, assets such as stocks, ETFs and other securities allows them to be traded on a specialized digital exchange and potentially directly between investors without the need for an exchange. These tokens are held in a digital wallet, much as crypto coins are, similar to a traditional brokerage account.

“The news cycle for crypto is all about representing traditional financial assets on a blockchain,” says Hilary Allen, professor, American University Washington College of Law. But Allen points out that investors and financial markets will endure major costs for doing so: “There are a lot of protections that are given up by this move.” read more

By STAN CHOE, Associated Press Business Writer

NEW YORK (AP) — Wall Street is rallying on Friday after the head of the Federal Reserve indicated the cuts to interest rates that investors and President Donald Trump crave so much may be on the way.

The S&P 500 leaped 1.6%, and its first gain in six days has it on track to top its all-time high set last week.

Related Articles

• 
  First peek: The Beak and Barrel, Magic Kingdom’s pirate tavern

• 
  Nvidia’s CEO says it’s in talks with Trump administration on a new chip for China

• 
  Powell signals Fed may cut rates soon even as inflation risks remain

• 
  Tokenized stock trading: The huge risks in moving stocks to blockchain

• 
  As AI becomes part of everyday life, it brings a hidden climate cost

The Dow Jones Industrial Average soared 890 points, or 2%, and was on track to top its own all-time high, which was set in December. The Nasdaq composite was up 1.9%, as of 11 a.m. Eastern time.

“Ka-Powell” is how Brian Jacobsen, chief economist at Annex Wealth Management, described the reaction to Jerome Powell’s highly anticipated speech in Jackson Hole, Wyoming. “The Fed isn’t going to be the party-pooper.” read more