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   NEWS: CNBC WORLD NEWS
CNBC World News
Apr 16, 2024

Gold is shining ‘bright like a diamond' and could hit $3,000, says Citi
Gold prices continued to hover near record highs days after Middle East tensions flared, boosting the safe-haven appeal of bullion.

CNBC World News
Apr 16, 2024

Baidu says its ChatGPT-like Ernie bot exceeds 200 million users
Baidu CEO Robin Li was speaking at the company's annual "Create" conference for artificial intelligence developers. Li is also co-founder and chairman of Baidu.

CNBC World News
Apr 15, 2024

These are the top 5 companies to work for in India, according to LinkedIn
LinkedIn has released its eighth annual list of top companies to work for in India. Companies that prioritized its employees' experience and growth dominated.

CNBC World News
Apr 15, 2024

China's economy grew 5.3% in the first quarter, beating expectations
Less than half of children in Butetown get their top choice school compared with 88% across Cardiff.

CNBC World News
Apr 15, 2024

Speaker Johnson to advance separate Israel, Ukraine, Taiwan bills after Iran attack
President Biden initially proposed a foreign aid package for Ukraine, Israel, Taiwan and U.S. border security in October.

CNBC World News
Apr 15, 2024

Raimondo: Commerce Dept. will spend all of the CHIPS Act grant money this year
he Commerce Department is providing grant money to semiconductor companies to incentivize them to build out manufacturing production capabilities in the U.S.

CNBC World News
Apr 15, 2024

Boeing defends 787 Dreamliner safety after whistleblower alleged structural flaws
A whistleblower alleged that Boeing's 787 and 777 models have structural flaws

CNBC World News
Apr 15, 2024

Trump Media closes down more than 18% after filing plans to issue more DJT stock
Donald Trump is the majority shareholder in Trump Media, which owns the Truth Social app. DJT shares fell 20% last week ahead of his New York hush money trial.

CNBC World News
Apr 15, 2024

Salesforce drops after reports it's in talks to acquire Informatica
Salesforce shares fell Monday after reports that the cloud software company is in advanced talks to buy data-management firm Informatica.

CNBC World News
Apr 15, 2024

Oil prices fall more than 1% after Israel fends off large-scale aerial attack by Iran
Iran launched more than 300 drones and missiles against military targets in Israel in an attack that President Joe Biden described as "unprecedented."

CNBC World News
Apr 15, 2024

Salesforce drops after reports it is in talks to acquire Informatica
Salesforce stock fell Monday after reports that the cloud software company is in advanced talks to buy data-management firm Informatica.

CNBC World News
Apr 15, 2024

Trump Media shares plunge more than 15% after company files to issue additional DJT stock
Donald Trump is the majority shareholder in Trump Media, which owns the Truth Social app. DJT shares fell 20% last week ahead of his New York hush money trial.

CNBC World News
Apr 15, 2024

'We have woken up to a new paradigm in the Middle East' following Iran-Israel escalation, analyst says
Iran's weekend attack on Israeli marks a "new paradigm" in the Middle East conflict, which risks escalating into a wider regional war, Chatham House said Monday.

CNBC World News
Apr 15, 2024

Rising oil is still the big market risk despite today's pullback, analysts say
Markets saw limited movement Monday, but all eyes are on Israel's next steps after an Iranian drone and missile strike.

CNBC World News
Apr 15, 2024

Tesla will lay off more than 10% of global workforce: Read the Elon Musk memo
Tesla will lay off more than 10% of its global workforce. Read the memo to employees from CEO Elon Musk.

CNBC World News
Apr 15, 2024

Retail sales jumped 0.7% in March, much higher than expected
Retail sales increased 0.7% for the month, considerably faster than the Dow Jones consensus forecast for a 0.3% increase.

CNBC World News
Apr 15, 2024

Trump Media shares plunge 13% after company files to issue additional DJT stock
Donald Trump is the majority shareholder in Trump Media, which owns the Truth Social app. DJT shares fell 20% last week ahead of his New York hush money trial.

CNBC World News
Apr 15, 2024

Hong Kong regulators approve launch of spot bitcoin and ether ETFs
Hong Kong regulators on Monday approved the launch of spot bitcoin and ether exchange-traded funds (ETFs), asset managers said.

CNBC World News
Apr 15, 2024

Goldman Sachs tops first-quarter estimates fueled by trading, investment banking
Goldman Sachs CEO David Solomon has taken his lumps in the past year, but a turnaround appears to be underway, fueled by a rebound in Wall Street activities.

CNBC World News
Apr 15, 2024

Tesla shares dip in premarket trade after reports the firm will lay off more than 10% of global workforce
Tesla shares were down over 1% in premarket trade Monday on media reports that the automaker will lay off more than 10% of its global workforce.

CNBC World News
Apr 15, 2024

Singapore's new prime minister, Lawrence Wong, will take office on May 15
Singapore's Prime Minister Lee Hsien Loong will step down on May 15 and hand over the reins to Deputy Prime Minister Lawrence Wong.

CNBC World News
Apr 15, 2024

World's busiest airports show surge in international travel. Here are the rankings
Airports from Tokyo to London logged big increases in travelers in 2024.

CNBC World News
Apr 15, 2024

'Prelude to World War III': World leaders react to Iran's air attack against Israel
World leaders called for calm and restraint in the aftermath of Iran's large-scale air attacks on Israel.

CNBC World News
Apr 15, 2024

Freetrade, Britain's answer to Robinhood, posted its first quarterly profit
British stock trading app Freetrade hit breakeven earlier this year, the company told CNBC, marking its first-ever move into the black.

CNBC World News
Apr 15, 2024

World leaders call for restraint in the aftermath of Iran's unprecedented air attack against Israel
World leaders called for calm and restraint in the aftermath of Iran's large-scale air attacks on Israel.

CNBC World News
Apr 15, 2024

OpenAI opens its first Asia office in Japan as a 'first step' in its commitment to the region
ChatGPT developer OpenAI opened its first Asian office in Tokyo, Japan as the company aims to expand its global presence.

CNBC World News
Apr 15, 2024

Oil prices fall after Israel fends off large-scale aerial attack by Iran
Iran launched more than 300 drones and missiles against military targets in Israel in an attack that President Joe Biden described as "unprecedented."

CNBC World News
Apr 15, 2024

Apple CEO Tim Cook visits Vietnam — one of the iPhone giant's most important manufacturing hubs
Apple has been looking to reduce its reliance on China for its product assembly, with India and Vietnam emerging as key locations.

CNBC World News
Apr 15, 2024

Singapore's new Prime Minister Lawrence Wong will take office on May 15
Singapore Prime Minister Lee Hsien Loong will step down on May 15 and hand over power to Deputy Prime Minister Lawrence Wong.

CNBC World News
Apr 15, 2024

Israel vows to 'exact a price' after Iran's attack. Here's what analysts expect could happen
While analysts who spoke to CNBC expect Israel to respond, the timing and extent of that retaliation remains in question.

CNBC World News
Apr 15, 2024

Green hydrogen tech boss warns of AI energy consumption risk
Ceres Power's CTO warned that as AI tools become more widely used for efficiency there is also the risk that this could result in higher energy consumption.

CNBC World News
Apr 15, 2024

Goldman Sachs reports earnings before market open — here's what the Street expects
Goldman Sachs CEO David Solomon has taken his lumps in the past year, but hope is building for a turnaround.

CNBC World News
Apr 14, 2024

Apple iPhone first-quarter shipments sink as Chinese challengers rise; Samsung regains top spot
Among the top five smartphone brands in the report, Apple recorded the sharpest decline year on year.

CNBC World News
Apr 14, 2024

Oil prices could see 'super spike well above $100' if conflict escalates after Iran's attack on Israel
Iran is home to vast oil resources, and any disruption to its capacity to supply global markets could push prices higher.

CNBC World News
Apr 14, 2024

China accounted for two-thirds of new global coal plant capacity in 2023, report finds
The world added more coal power capacity last year than any year since 2016, with China driving most growth and most planned growth according to new research.

CNBC World News
Apr 14, 2024

Oil prices fall slightly after Israel fends off large-scale aerial attack by Iran
Iran launched more than 300 drones and missiles against military targets in Israel in an attack that President Joe Biden described as "unprecedented."

CNBC World News
Apr 14, 2024

An introvert's guide to surviving group travel
Introverts can handle traveling with others better by setting a few grounds rules during their trips.

CNBC World News
Apr 14, 2024

How Spotify AI plans to know what's going on inside your head, and find the right track for it
With over 100 million tracks, the musical journey on Spotify can be daunting. Most listeners stick to established patterns, but AI wants to change that.

CNBC World News
Apr 14, 2024

For U.S. Cuban claims holders, spy Manuel Rocha's plea deal raises fresh questions
The longtime U.S. diplomat pleaded guilty to two counts of acting as a foreign agent on behalf of the Cuban government.

CNBC World News
Apr 14, 2024

Israel says 300 Iranian drones and missiles downed in ‘unprecedented' attack
U.S. President Joe Biden denounced the Iranian strike on Saturday as "unprecedented" and will convene G7 leaders to respond to Iran's "brazen attack."

CNBC World News
Apr 14, 2024

Iranian currency plunges to record low against dollar after strikes on Israel
The Iranian rial's drop came hours after Iran deployed a massive drone and missile offensive against Israel Saturday night.

CNBC World News
Apr 14, 2024

Bitcoin and other cryptocurrencies tumble amid Middle East tensions
By Sunday morning it had rebounded to trade above $64,000. Other coins like ether also saw heavy selling, down by up 10% in some cases.

CNBC World News
Apr 14, 2024

Israel says 300 Iranian drones and missiles downed in ‘unprecedented' overnight attack
U.S. President Joe Biden denounced the Iranian strike on Saturday as "unprecedented" and convened G7 leaders to respond to Iran's "brazen attack."

CNBC World News
Apr 13, 2024

Iran has launched drone attacks at Israel, U.S. officials say
President Biden said Friday that he expected Iran might attack Israel soon.

CNBC World News
Apr 13, 2024

Situation on eastern front has 'significantly worsened' in recent days, Ukraine's army chief warns
Ukraine's top general warned that the battlefield situation in the east of the country, which is at the epicenter of the fiercest fighting, has deteriorated.

CNBC World News
Apr 12, 2024

U.S. crude oil gains as Israel reportedly prepares for attack by Iran this weekend
Israel is preparing for a direct attack by Iran on southern or northern Israel as soon as Friday or Saturday, The Wall Street Journal reported.

CNBC World News
Apr 12, 2024

Tesla slashes price of its premium driver assistance option by half in U.S.
Tesla CEO Elon Musk posted on X on Friday that the company is cutting the price of its Full Self-Driving, or FSD, package in half to $99 a month.

CNBC World News
Apr 12, 2024

Trump says he would testify in upcoming hush money trial
"All I can do is tell the truth," said Trump, who is charged with 34 counts of falsifying business records related to a payment to porn star Stormy Daniels.

CNBC World News
Apr 12, 2024

Trump Media shares end week down nearly 20%, losing billions in market cap
Donald Trump is the largest shareholder in Trump Media, which owns the Truth Social app frequently used by the presumptive Republican presidential nominee.

CNBC World News
Apr 12, 2024

StubHub eyes summer IPO, seeks $16.5 billion valuation
StubHub is eyeing a summer initial public offering and the online ticketing service is aiming for a valuation of at least $16.5 billion.

CNBC World News
Apr 12, 2024

Italy launched a new digital nomad visa—find out if you qualify and where to apply
Italy's new digital nomad visa will require workers to have an annual income of about $30,000.

CNBC World News
Apr 12, 2024

Nike CEO says focus on its own website and stores went too far as it embraces wholesale retailers again
Nike CEO John Donahoe acknowledged that the brand went too far when it iced out wholesalers like Macy's and DSW in favor of its own stores and website.

CNBC World News
Apr 12, 2024

Trump Media shares drop below $30, company sheds more than half of market cap since trading debut
Donald Trump is the largest shareholder in Trump Media, which owns the Truth Social app frequently used by the presumptive Republican presidential nominee.

CNBC World News
Apr 12, 2024

Nike CEO blames remote work for innovation slowdown, saying it's hard to build disruptive products on Zoom
Nike CEO John Donahoe blamed remote work for the company falling behind on innovation, saying it's tough to build disruptive products on Zoom.

CNBC World News
Apr 12, 2024

Beyoncé bounce: Western boot sales jump more than 20% week over week since 'Cowboy Carter' launch
The iconic shoe is getting a lift from Beyoncé's latest album.

CNBC World News
Apr 12, 2024

AMD and Intel dip on report China told telecoms to remove foreign chips
Shares of U.S. chipmakers fell after The Wall Street Journal reported China is ordering the country's top telecom carriers to stop using foreign processors.

CNBC World News
Apr 12, 2024

The Winklevoss twins just invested millions in a tiny British soccer club
Cameron and Tyler Winklevoss have invested $4.5 million worth of bitcoin in Real Bedford Football Club, a non-league, semiprofessional club.

CNBC World News
Apr 12, 2024

BlackRock's Larry Fink sees Fed cutting rates twice this year but missing 2% inflation goal
The head of the world's largest money manager said it's unlikely the central bank will hit its 2% goal anytime soon.

CNBC World News
Apr 12, 2024

Jamie Dimon warns that inflation, wars and Fed policy pose major threats ahead
Taken together, Dimon said the three issues pose substantial unknowns.

CNBC World News
Apr 12, 2024

How Bombardier is cashing in on business elite's love affair with private jet travel
Commercial planes, trains and snowmobiles are out at Bombardier, as its debt-laden past pushes the company go all-in on the business jet.

CNBC World News
Apr 12, 2024

EU probe of weight loss and diabetes drugs like Wegovy, Ozempic finds no link to suicidal thoughts
The review examined several drugs from Novo Nordisk, including Wegovy, Ozempic, Rybelsus, and Saxenda, but did not include Eli Lilly's Zepbound and Mounjaro.

CNBC World News
Apr 12, 2024

JPMorgan Chase shares drop after bank gives disappointing guidance on 2024 interest income
JPMorgan Chase on Friday posted profit and revenue that topped Wall Street estimates as credit costs and trading revenue came in better than expected.

CNBC World News
Apr 12, 2024

The West urges China to intervene with Iran amid fears of a direct attack on Israel
Iran's Supreme leader Ayatollah Ali Khamenei said Israel "should be punished and will be punished" for the death of seven top Iranian officials in Damascus.

CNBC World News
Apr 12, 2024

Bank of England to scrap outdated inflation forecasting model in major overhaul after Fed boss' review
The Bank of England announced an overhaul of its inflation forecasting models following a long-awaited review by former Fed Chair Ben Bernanke.

CNBC World News
Apr 12, 2024

JPMorgan Chase tops estimates on better-than-expected credit costs, trading revenue
JPMorgan Chase on Friday posted profit and revenue that topped Wall Street estimates as credit costs and trading revenue came in better than expected.

CNBC World News
Apr 12, 2024

JPMorgan Chase tops expectations on trading results, lower-than-expected credit costs
JPMorgan Chase will be watched closely for clues on how banks fared at the start of the year.

CNBC World News
Apr 12, 2024

IEA downgrades oil demand growth forecast as prices heat up on elevated Middle East tensions
It comes as oil prices rebound on elevated Middle East tensions, with market participants monitoring the prospect of supply disruptions from the region.

CNBC World News
Apr 12, 2024

UK economy posts 0.1% growth in February in further sign of recession rebound
The U.K. economy fell into a recession last year but showed slight growth in January.

CNBC World News
Apr 12, 2024

Top Amazon exec says it's a 'myth' robots steal jobs
Stefano La Rovere, director of global robotics at Amazon, said that, rather than replacing jobs, robotics and other technologies are enhancing people's roles.

CNBC World News
Apr 12, 2024

China remains crucial for U.S. chipmakers amid rising tensions between the world's top two economies
Data from S&P Global shows that many U.S. chip giants generate a larger share of revenue from China compared with the U.S. despite increasing trade barriers.

CNBC World News
Apr 12, 2024

China has strong fundamentals and should remain a focus for businesses, Singapore trade minister says
China is facing economic headwinds in the near term, but Singapore trade and industry minister Gan Kim Yong believes in its long term prospects.

CNBC World News
Apr 12, 2024

JPMorgan Chase is set to report first-quarter earnings — here's what the Street expects
JPMorgan Chase will be watched closely for clues on how banks fared at the start of the year.

CNBC World News
Apr 11, 2024

China's policy to boost demand by $700 billion will have a 'bigger and bigger' impact, official says
China's latest policy to boost demand will soon have a greater effect on growth, a top official at the economic planning agency told reporters Thursday.

CNBC World News
Apr 11, 2024

Trump is about to face trial on criminal hush money charges. Here's what to know
Donald Trump is accused in New York Supreme Court of falsifying business records in a scheme to conceal a hush money payment to porn star Stormy Daniels.

CNBC World News
Apr 11, 2024

FTX founder Sam Bankman-Fried appeals fraud conviction, 25-year prison sentence
Sam Bankman-Fried was convicted of overseeing a conspiracy that looted customer funds at his FTX cryptocurrency exchange and a related hedge fund.

CNBC World News
Apr 11, 2024

Biden's China tariff threats are more bark than bite, economists say
Trump imposed a series of tariffs on China in 2018, many of which Biden has upheld throughout his term.

CNBC World News
Apr 11, 2024

The upcoming bitcoin halving is different from others before it. Here's what investors need to know
With the advent of ETFs, this cycle could be the one where bitcoin's trend of diminishing post-halving returns reverses.

CNBC World News
Apr 11, 2024

Ohtani translator accused of stealing $16 million from Dodgers star
Ippei Mizuhara been the subject of an investigation surrounding millions of dollars in wire transfers from Ohtani's bank account.

CNBC World News
Apr 11, 2024

Why car insurance costs are skyrocketing and leading to higher inflation
On a monthly basis, car insurance prices as part of the consumer price index (CPI) rose by an unadjusted 2.7%, pushing the year-over-year increase to 22.2%.

CNBC World News
Apr 11, 2024

What to expect from bank earnings as high interest rates pressure smaller players
JPMorgan Chase, the nation's largest lender, kicks off earnings for the industry on Friday, followed by Bank of America and Goldman Sachs next week.

CNBC World News
Apr 11, 2024

The upcoming bitcoin halving is different from others before it. Here's what investors need to know.
With the advent of ETFs, this cycle could be the one where bitcoin's trend of diminishing post-halving returns reverses.

CNBC World News
Apr 11, 2024

Fed can start cutting interest rates by end of 2024, IMF managing director says
Kristalina Georgieva said the central bank should continue following economic data to determine when it's right to begin lowering.

CNBC World News
Apr 11, 2024

Japanese PM Kishida tells Congress the U.S. must play leading role in the world
The speech comes a day after Prime Minister Fumio Kishida and President Joe Biden met and outlined new military cooperation plans and projects.

CNBC World News
Apr 11, 2024

Vinod Khosla and Palantir's Jacob Helberg call on Senate to ban TikTok: It's 'a weapon of war'
Top investor Vinod Khosla and Palantir advisor Jacob Helberg are calling on the Senate to act on the TikTok ban bill, as ByteDance fights against it.

CNBC World News
Apr 11, 2024

Amazon CEO Andy Jassy spurns regulators after failed iRobot deal: 'It's a sad story'
Jassy said regulators' move to stop the iRobot deal shows they "trust these two large Chinese companies with maps" of Americans' homes more than they do Amazon.

CNBC World News
Apr 11, 2024

Goldman Sachs promotes head of strategy and investor relations, Carey Halio, to global treasurer
Halio's new role encompasses authority over the firm's more than $1.6 trillion balance sheet. She'll report to Chief Financial Officer Denis Coleman.

CNBC World News
Apr 11, 2024

European Central Bank gives strong signal that cuts are on the way despite Fed uncertainty
The euro zone's central bank held interest rates steady for a fifth straight meeting.

CNBC World News
Apr 11, 2024

Vietnamese property tycoon sentenced to death in country's largest financial fraud, state media reports
The Vietnamese property tycoon Truong My Lan was sentenced to death on Thursday for her involvement in the country's biggest ever financial fraud case.

CNBC World News
Apr 11, 2024

European Central Bank holds interest rates, gives strong signal that cuts are on the way
The euro zone's central bank held interest rates steady for a fifth straight meeting.

CNBC World News
Apr 11, 2024

Wholesale prices rose 0.2% in March, less than expected
The producer price index was expected to increase 0.3% in March, according to the Dow Jones consensus estimate.

CNBC World News
Apr 11, 2024

Amazon CEO Andy Jassy in shareholder letter says he's committed to cost cutting while investing in AI
Andy Jassy pledged to keep looking for ways to cut costs even as the company doubles down on investing in new growth areas like artificial intelligence.

CNBC World News
Apr 11, 2024

Goldman still expects U.S. inflation to fall significantly as markets alarmed by recent rise
Goldman Sachs still expects stubbornly high U.S. inflation to ease over the coming months, despite yet another print showing that consumer prices remain sticky.

CNBC World News
Apr 11, 2024

Amazon CEO Andy Jassy says he's committed to cost cutting while investing in AI in shareholder letter
Andy Jassy pledged to keep looking for ways to cut costs even as the company doubles down on investing in new growth areas like artificial intelligence.

CNBC World News
Apr 11, 2024

'Lose-lose situation': New Swiss bank laws could derail UBS' challenge to Wall Street giants
Switzerland's new banking regulations create a "lose-lose situation" for UBS and may limit its potential to challenge Wall Street, says Beat Wittmann of Porta Advisors.

CNBC World News
Apr 11, 2024

China will remain the world's No. 1 growth driver, says the Asian Development Bank
China will remain the largest growth engine for the world economy in spite of its slowdown, says the Asian Development Bank.

CNBC World News
Apr 11, 2024

Fed likely to cut rates before ECB blinks, former BOE member says
The Federal Reserve is likely to cut rates before the European Central Bank does, a former member of the Bank of England said.

CNBC World News
Apr 10, 2024

China's commercial property segment is seeing some bright spots amid a slump in the wider realty sector
China's commercial property sector is seeing pockets of demand amid an overall real estate slump.

CNBC World News
Apr 10, 2024

Trump Media director accused of 'hacking' files in attempted corporate 'coup': lawsuit
Two firms in a federal civil lawsuit accuse Trump Media board member Eric Swider of plotting a "coup" to oust the then-CEO of Digital World Acquisition Corp.

CNBC World News
Apr 10, 2024

Trump Media shares close down more than 8%, putting market cap under $5 billion
Trump Media owns the Truth Social app. Donald Trump, the presumptive Republican presidential nominee, is the company's largest shareholder.

CNBC World News
Apr 10, 2024

The 'supercore' inflation measure shows Fed may have a real problem on its hands
Bringing down inflation is being frustrated by sticky services prices. Experts say the Fed may have a meaningful problem on its hands.

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