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CNBC World News
May 27, 2022

S&P 500, Dow snap losing streaks for best week since November 2020
The Dow and S&P jumped to close their best weeks since November 2020.

CNBC World News
May 27, 2022

This is what's next for Terra as the failed crypto project attempts a new path forward
Terra backers have just established a new path forward for the crypto project, but the venture still faces an uphill battle.

CNBC World News
May 27, 2022

Twitter director Egon Durban won't leave the board after shareholders voted to boot him
Durban, co-CEO and managing director of private equity firm Silver Lake, was on the board when it approved Twitter's sale to Elon Musk last month.

CNBC World News
May 27, 2022

The U.S. is wrapped in 'collective grief' from school shootings and the pandemic—and it's rewiring our brains, experts say
After tragedies occur, you might feel an all-too-familiar mix of sadness, anger, shock, frustration and helplessness. It's called "collective grief," experts say.

CNBC World News
May 27, 2022

Stocks rise on slowing inflation report, Dow on pace to snap 8-week losing streak
The three major indexes were on track to close the week higher.

CNBC World News
May 27, 2022

The Fed's favorite inflation measure rose 4.9% in April in a sign that price increases could be slowing
The Fed's preferred inflation gauge rose 4.9% in April from a year ago, a still-elevated level that nonetheless indicated that price pressures could be easing a bit.

CNBC World News
May 27, 2022

The Fed's preferred gauge shows inflation rose 4.9% in April in a sign that price increases could be slowing
The personal consumption expenditures price index inflation gauge was expected to increase 4.9% from a year ago, according to Dow Jones estimates.

CNBC World News
May 27, 2022

Russian stocks may be 'essentially worthless,' MSCI research suggests
Russian stocks may have "no value" compared to the prices listed on the Moscow Exchange, new research from MSCI has suggested.

CNBC World News
May 27, 2022

Stock futures rise on slowing inflation report, Dow on pace to snap 8-week losing streak
The three major indexes appear on track to close the week higher.

CNBC World News
May 27, 2022

Stock futures rise slightly as S&P 500 aims for winning week
The three major indexes appear on track to close the week higher.

CNBC World News
May 27, 2022

Japan is finally seeing some inflation - but it may not be time to celebrate
Core consumer prices may be approaching the Bank of Japan's 2% target, but veteran entrepreneur Ernie Higa says it's not time to cheer.

CNBC World News
May 27, 2022

Hong Kong's Hang Seng rises nearly 3%; Alibaba shares soar after earnings report
Chinese tech giant Alibaba reported Thursday fourth-quarter earnings that were above analyst expectations.

CNBC World News
May 27, 2022

Alibaba, Tencent and JD.com all just posted their slowest revenue growth on record
Chinese tech giants Alibaba, Tencent and JD.com have all posted their slowest revenue growth on record as Covid and Beijing's tech crackdown took their toll.

CNBC World News
May 27, 2022

'We're in a bear market. And I think that's good': Crypto firms hope market slump shakes out bad players
Executives from the cryptocurrency industry told CNBC the recent crash in the digital coin market should help get rid of "bad actors."

CNBC World News
May 27, 2022

This start-up is trying to help Indonesia's fishermen get a fair price for their catch
Aruna is an Indonesian farm-to-table e-commerce start-up that gives fishermen direct access to global consumers, fetching fair prices for their catch.

CNBC World News
May 27, 2022

Thousands of people are leaving Hong Kong — and now it's clear where they're going
Many global cities stand to benefit from Hong Kong's increasing "brain drain" of talent. Here are the major metropolises that are taking the talent in.

CNBC World News
May 27, 2022

New Airbus facility to research cryogenic fuel systems for next-gen hydrogen planes
Hydrogen has a diverse range of applications and can be deployed in a wide range of industries.

CNBC World News
May 27, 2022

'Hypocrisy,' 'naivety' and 'greed': Europe chided for failing to stop Putin's war
The EU failed to counter Putin and needs to now strike flexible alliances across the world and search for new friends, current and former leaders told CNBC.

CNBC World News
May 27, 2022

How to protect yourself against monkeypox and what to do if you catch it
A recent monkeypox outbreak across the U.S., Europe, Australia and the Middle East has baffled health experts and is raising concerns of a wider outbreak.

CNBC World News
May 27, 2022

Stock futures are mildly lower as S&P 500 aims for winning week
The three major indexes appear on track to close the week higher.

CNBC World News
May 27, 2022

Hong Kong's Hang Seng rises around 3%; Alibaba shares soar after earnings report
Chinese tech giant Alibaba reported Thursday fourth-quarter earnings that were above analyst expectations.

CNBC World News
May 26, 2022

Indonesia's fishermen are raking in bigger incomes, thanks to this app created by a 28-year-old
Aruna is an Indonesian farm-to-table e-commerce start-up that gives fishermen direct access to global consumers, fetching fair prices for their catch.

CNBC World News
May 26, 2022

India wants to be the 'pharmacy of the world.' But first, it must wean itself from China
Already the world's third-largest manufacturer of medicines by volume, India has one of the lowest manufacturing costs globally.

CNBC World News
May 26, 2022

Hong Kong's Hang Seng rises 3%; Alibaba shares soar after earnings report
Chinese tech giant Alibaba reported Thursday fourth-quarter earnings that were above analyst expectations.

CNBC World News
May 26, 2022

China holds an unprecedented, massive videoconference on the economy
China held a rare nationwide meeting via teleconference Wednesday to bolster an economy battered by Covid.

CNBC World News
May 26, 2022

Asia-Pacific stocks rise; Alibaba announces better-than-expected fourth-quarter earnings
Chinese tech giant Alibaba reported Thursday fourth-quarter earnings that were above analyst expectations.

CNBC World News
May 26, 2022

'A lot of Costco love' — How the warehouse retailer became a staple of Asian America
Asian Americans are the fastest-growing demographic in the U.S. They're also a disproportionate number of Costco's customers.

CNBC World News
May 26, 2022

Twitter shareholders sue Elon Musk and Twitter over chaotic deal
Since Musk's acquisition bid, Twitter's share price has dropped more than 12%, and Tesla's is down about 28% as part of a broad sell-off in tech stocks.

CNBC World News
May 26, 2022

Stock futures are little changed with S&P 500 on track for winning week
The three major indexes are on track to close the week higher.

CNBC World News
May 26, 2022

Blinken says China is a serious long-term challenge but the U.S. does not want a new Cold War
Secretary of State Antony Blinken outlined the Biden administration's policy toward China, as the U.S. balances tensions of Russia and Taiwan.

CNBC World News
May 26, 2022

Monkeypox has spread to more than 20 countries, but the outbreaks are containable, WHO says
About 200 confirmed cases and more than 100 suspected cases of monkeypox have been detected outside of countries where it usually circulates.

CNBC World News
May 26, 2022

Dow rises for a fifth straight day, S&P 500 and Nasdaq on pace to snap 7-week losing streaks
Stocks rallied Thursday, as Wall Street rebounded from a long string of weekly declines.

CNBC World News
May 26, 2022

The market's comeback from a long slump gains steam with the Dow up 550 points
Stocks rose Thursday as Wall Street tried to rebound from a long string of weekly declines.

CNBC World News
May 26, 2022

Microsoft exec tells employees in Windows and Office groups to be more cautious in hiring
In a memo to employees, a Microsoft executive told employees in his unit to be more cautious when it comes to opening up new roles

CNBC World News
May 26, 2022

The market's comeback from a long slump gains steam with the Dow up 600 points
Stocks rose Thursday as Wall Street tried to rebound from a long string of weekly declines.

CNBC World News
May 26, 2022

Cybercriminals target metaverse investors with phishing scams
Fraudsters are targeting the metaverse with phishing scams to steal land from investors.

CNBC World News
May 26, 2022

First-quarter GDP declined 1.5%, worse than thought; jobless claims edge lower
The U.S. economic contraction to start the year was worse than expected as weak business and private investment failed to offset strong consumer spending.

CNBC World News
May 26, 2022

Dow rises 400 points as it seeks to break out of 8-week slump; retail shares gain
Stocks rose Thursday as Wall Street tried to rebound from a long string of weekly declines.

CNBC World News
May 26, 2022

UK slaps one-off tax on oil and gas giants to ease the pain of soaring household energy bills
The decision to impose a windfall tax on energy companies marks yet another U-turn for Prime Minister Boris Johnson's government.

CNBC World News
May 26, 2022

Google hit by second UK antitrust probe into online ad dominance
The U.K.'s competition regulator is assessing whether Google's role in the ad tech industry may be distorting competition.

CNBC World News
May 26, 2022

Top financiers and millionaires just met up in the Swiss Alps. And the mood was terrible
The world's financial elite gathered in Davos, Switzerland this week, and a darkening global economic outlook was the number one talking point.

CNBC World News
May 26, 2022

Broadcom announces plans to buy VMware in $61 billion deal
The deal would be one of the largest technology acquisitions of all time.

CNBC World News
May 26, 2022

Over $50 for a burrito? World's elite splash the cash on snacks at Davos
Expensive food and warm weather are just a few of the unusual features at this year's postponed World Economic Forum in Davos.

CNBC World News
May 26, 2022

Dow futures gain as the market tries to snap long weekly losing streaks
Futures tied to the Dow Jones Industrial Average and S&P 500 rose slightly Thursday, as Wall Street tried to rebound from a long string of weekly declines.

CNBC World News
May 26, 2022

China holds an unprecedented massive videoconference on the economy
China held a rare nationwide meeting via teleconference Wednesday to bolster an economy battered by Covid.

CNBC World News
May 26, 2022

Rapid grocery delivery boom comes to a grinding halt as Getir, Gorillas slash jobs
The layoffs highlight a broader shift in investor sentiment toward high-growth tech companies.

CNBC World News
May 26, 2022

French billionaire's stake in BT probed under Britain's tough new security law
The U.K. government now has the power to intervene in deals that have the potential to threaten national security.

CNBC World News
May 26, 2022

Two investment banks cut their China GDP forecasts even lower
Two investment banks cut their China GDP forecasts this week for a third time this year based on the toll of persistent Covid controls.

CNBC World News
May 26, 2022

Singapore's air travel is rebounding despite China's border restrictions, transport minister says
Air travel in Singapore is recovering and has reached around 40% of pre-Covid levels despite China's border restrictions, Transport Minister S. Iswaran said.

CNBC World News
May 26, 2022

Russia's central bank cuts key interest rate to 11%, citing decreased stability risks
The Central Bank of Russia on Thursday cut its key interest rate from 14% to 11%, citing a slowdown in inflation and the recovery of the ruble.

CNBC World News
May 26, 2022

Monkeypox is a dangerous disease threat — but has one key difference from Covid, epidemic coalition says
Monkeypox is a rare disease caused by the monkeypox virus, part of the same family as smallpox, though typically less severe.

CNBC World News
May 26, 2022

Nasdaq 100 futures nudge higher after chip giant Nvidia delivers light guidance
Tech stocks could be under pressure on Thursday following a quarterly report from Nvidia.

CNBC World News
May 26, 2022

Monkeypox does not pose a Covid-style risk despite its swift spread, top health execs say
Global health concerns loomed over the World Economic Forum once again this year, but business leaders say they are not worried about a new monkeypox outbreak.

CNBC World News
May 26, 2022

George Soros says Russia's gas storage is almost full — and Europe should hold its nerve
Billionaire investor George Soros says Putin is "obviously blackmailing Europe."

CNBC World News
May 26, 2022

As Klarna cuts jobs, rival fintechs say they're recruiting for hundreds of roles
As Klarna plans to lay off 10% of its workforce, rival fintech firms Revolut and Wise say they're hiring for hundreds of open roles.

CNBC World News
May 26, 2022

China and Europe are leading the push to regulate A.I. — one of them could set the global playbook
While China revamps its rulebook for tech, the EU is thrashing out its own regulatory framework to rein in AI, but it has yet to pass the finish line.

CNBC World News
May 26, 2022

European stocks set for cautious open as global markets react to Fed minutes
European stocks are expected to open mixed on Thursday as markets digest the latest signals from the U.S. Federal Reserve regarding rate hikes.

CNBC World News
May 25, 2022

Apple says it will raise pay for corporate and retail employees in tight labor market
Apple's move comes after Google, Amazon, and Microsoft have made changes to their compensation structures in recent weeks to pay workers more.

CNBC World News
May 25, 2022

The Indo-Pacific Economic Framework: What it is — and why it matters
President Joe Biden formally introduced the Indo-Pacific Economic Framework this week, revealing Washington's long-awaited Asia-Pacific economic strategy.

CNBC World News
May 25, 2022

Nasdaq 100 futures fall slightly after chip giant Nvidia delivers light guidance
Tech stocks could be under pressure on Thursday following a quarterly report from Nvidia.

CNBC World News
May 25, 2022

Boeing's Starliner capsule lands, completing a crucial step toward carrying NASA astronauts
Boeing landed its uncrewed Starliner spacecraft in the New Mexico desert on Wednesday, completing a crucial test flight in preparation to carry astronauts.

CNBC World News
May 25, 2022

Twitter jumps after Musk increases commitment in takeover bid to $33.5 billion, in talks for other funding
In a letter to investors backing the holding company that Musk is forming to take Twitter private, he expressed his commitment to completing the deal.

CNBC World News
May 25, 2022

Nvidia stock falls on light guidance, CFO says company will slow hiring
The stock dropped in extended trading after the chipmaker gave a light forecast for the current quarter.

CNBC World News
May 25, 2022

Elon Musk backs 'tight' background checks for all gun sales in wake of mass shooting in Texas
Tesla and SpaceX CEO Elon Musk told CNBC that he believes in tighter background checks for gun owners after mass shooting in Texas.

CNBC World News
May 25, 2022

Stocks rise after Fed signals further rate hikes, Dow jumps nearly 200 points
Stocks rose Wednesday after the minutes from the Fed's latest policy meeting showed the central bank could raise rates further than anticipated.

CNBC World News
May 25, 2022

McDonald's shareholders to vote on proxy fight with Carl Icahn over animal welfare practices
McDonald's shareholders meeting on Thursday morning will mark the climax of a proxy fight waged by activist investor Carl Icahn.

CNBC World News
May 25, 2022

Saudi finance minister warns of growing global food crisis caused by Ukraine war
"The MENA region is very, very, very vulnerable," Saudi Arabia's finance chief told CNBC during the World Economic Forum at Davos Switzerland.

CNBC World News
May 25, 2022

S&P 500 rises after Fed minutes show the central bank could hike rates further than expected
The S&P 500 rose Wednesday after the minutes from the Fed's latest policy meeting showed the central bank could raise rates further than anticipated.

CNBC World News
May 25, 2022

Fed minutes point to more rate hikes that go further than the market anticipates
The rate-setting Federal Open Market Committee on Wednesday released the minutes from its May 3-4 meeting.

CNBC World News
May 25, 2022

Tom Cruise sets his sights on his first $100 million domestic opening with 'Top Gun: Maverick'
This weekend Tom Cruise has a chance to do something he's never done before — have a film open to more than $100 million at the domestic box office.

CNBC World News
May 25, 2022

The S&P 500 is little changed ahead of Federal Reserve update
The S&P 500 was flat Wednesday as traders awaited the Federal Reserve's release of its policy meeting from earlier this month.

CNBC World News
May 25, 2022

'Make Russia pay for it': Ukraine's Kuleba on the massive cost of post-war reconstruction
International financial institutions have stressed the need for a Marshall Plan for Ukraine, involving billions in grant money from allied countries.

CNBC World News
May 25, 2022

Terra backers vote to revive luna — but not UST — after $60 billion crypto collapse
Backers of Terra have voted to revive the failed cryptocurrency venture without its controversial UST stablecoin.

CNBC World News
May 25, 2022

Stocks rise as investors await Federal Reserve update
U.S. stocks were higher Wednesday as traders awaited the Federal Reserve's release of its policy meeting from earlier this month.

CNBC World News
May 25, 2022

Serious crime in the metaverse should be outlawed by the U.N., UAE minister says
New laws should be created to prevent people from committing "murder" in the metaverse, according to the UAE's minister of state for artificial intelligence.

CNBC World News
May 25, 2022

We have to accept in the West that we are going to be a bit poorer, Dutch leader says
Dutch Prime Minister Mark Rutte on Wednesday said there is a "limit to what a government can do" to help people amid surging inflation.

CNBC World News
May 25, 2022

Crypto firm Ripple will explore IPO after SEC lawsuit ends, CEO says
The SEC alleges Ripple, CEO Brad Garlinghouse and executive chairman Chris Larsen engaged in an illegal securities offering through sales of XRP.

CNBC World News
May 25, 2022

Stock futures fall as investors await Fed update
Stock futures fell while traders awaited the Federal Reserve's release of its policy meeting from earlier this month.

CNBC World News
May 25, 2022

'Kissinger still lives in the 20th century': Ukraine hits back at suggestion it should cede land to Russia
A Ukrainian MP has given what he called a "polite" reply to Henry Kissinger's suggestion that Kyiv should be prepared to cede territory to Moscow for peace.

CNBC World News
May 25, 2022

'Downright scary and untenable': Commerce secretary warns U.S. needs to secure a future for its chip industry
U.S. Commerce Secretary Gina Raimondo has urged Congress to pass the CHIPS for America Act in order to safeguard national security and the future of the economy.

CNBC World News
May 25, 2022

Pfizer CEO says he 'wouldn't worry much' about monkeypox; cuts drug prices for low-income countries
Pfizer's CEO said Wednesday that he "wouldn't worry much" about a recent monkeypox outbreak that has seen cases surge in non-endemic countries.

CNBC World News
May 25, 2022

European Central Bank member Knot says a 50 basis point hike in July is not off the table
European Central Bank member Klaas Knot has refused to rule out a 50 basis point hike for the Frankfurt institution at its upcoming July meeting.

CNBC World News
May 25, 2022

UK investigation into Covid lockdown parties says senior leadership 'must bear responsibility'
The report comes after even more revelations in recent days of further alcohol-fueled social events held in Downing Street during Covid lockdowns.

CNBC World News
May 25, 2022

Stock futures are flat following Tuesday's losses in the Nasdaq
Traders are digesting a warning of slowing growth from social media company Snap that hurt the tech-heavy Nasdaq Tuesday.

CNBC World News
May 25, 2022

British government approves Boehly's £4.25 billion Chelsea takeover
Boehly is co-owner of the LA Dodgers baseball team.

CNBC World News
May 25, 2022

Russia is now exposed to a historic debt default: Here's what happens next
The U.S. has announced that it will not extend an exemption permitting Moscow to pay foreign debt to American investors in U.S. dollars, potentially forcing Russia into default.

CNBC World News
May 25, 2022

Stock futures nudge higher following Tuesday's losses in the Nasdaq
Traders are digesting a warning of slowing growth from social media company Snap that hurt the tech-heavy Nasdaq Tuesday.

CNBC World News
May 25, 2022

Energy security, not the energy transition, is 'front and center' again, Petronas CEO says
Upheaval in the oil and gas markets has moved energy security back to the "front and center," said Tengku Muhammad Taufik of Petronas.

CNBC World News
May 25, 2022

Ukraine uses Davos to make its pitch to the West — and takes over Russia's former party hub
The war in Ukraine is top of the agenda at the World Economic Forum in Davos this week, with a keynote address from President Volodymyr Zelenskyy.

CNBC World News
May 25, 2022

Shares in Asia-Pacific nudge higher; New Zealand central bank hikes rates again
The Reserve Bank of New Zealand announced Wednesday its decision to hike its official cash rate by 50 basis points to 2%, a widely expected decision.

CNBC World News
May 24, 2022

China is building a new bridge on a disputed Himalayan border, drawing ire from India
Of the four nations comprising the Quad, all of whose members seek to counter China's growing assertiveness in the region, only India has a border with China.

CNBC World News
May 24, 2022

China would only use force as a 'last resort' for Taiwan reunification, former PLA official says
Force is a "last resort" for Taiwan reunification, said Zhou Bo, senior fellow at Tsinghua University's Center for International Strategy and Security Studies.

CNBC World News
May 24, 2022

‘Why are we willing to live with this carnage?' Biden pushes to tighten gun laws after Texas school shooting
Biden offered condolences and urged lawmakers to resist the gun industry to pass firearm legislation hours after a gunman killed at least 18 children in Texas.

CNBC World News
May 24, 2022

How this millennial turned $700 into a multimillion-dollar fishery start-up
Utari Octavianty is the co-founder of Aruna, an Indonesian fisheries e-commerce start-up that works as an end-to-end supply chain aggregator.

CNBC World News
May 24, 2022

Biden addresses nation after Texas man kills 18 kids, 3 adults at elementary school
Biden is addressing the shooting at Robb Elementary School in Uvalde, Texas, after a gunman killed 18 children and three adults.

CNBC World News
May 24, 2022

Stock futures rise following Tuesday's losses in the Nasdaq
Traders are digesting a warning of slowing growth from social media company Snap that hurt the tech-heavy Nasdaq Tuesday.

CNBC World News
May 24, 2022

No recession ahead: Evercore ISI predicts S&P 500 will jump 22% from current levels
While stock prices sharply fluctuate and retail investors head for the exits, Evercore ISI's Julian Emanuel wants to put money to work.

CNBC World News
May 24, 2022

Stellantis CEO warns of electric vehicle battery shortage, followed by lack of raw materials
Carlos Tavares expects a shortage of electric vehicle batteries by 2024-2025, followed by a lack of raw materials by 2027-2028.

CNBC World News
May 24, 2022

CDC says monkeypox doesn't spread easily by air: ‘This is not Covid'
"Respiratory spread is not the predominant worry. It is contact and intimate contact in the current outbreak setting and population," a CDC official said.

CNBC World News
May 24, 2022

Safety consultant goes viral for leaving Shell after a decade, says 'core business' is dangerous
Caroline Dennett emailed 1,400 executives at the oil and gas conglomerate, Shell, to announce her resignation.

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