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Politics
Young people are doom spending. Here’s what it is and how to stop it
Westend61 | Westend61 | Getty ImagesSome young people are splashing out on luxuries like travel and designer clothes instead of saving, in a trend that's being characterized as "doom spending" on social media.Doom spending is when a…
China’s youth unemployment hits fresh high in August as economy slows
A job fair in China's southwestern city of Chongqing on April 11, 2023.Str | Afp | Getty ImagesChina's youth unemployment rate in August rose to the highest level since the new system of record-keeping began in December, data from the…
China stimulus calls are growing louder, at home and abroad
Local residents with umbrellas walk out of a metro station in rain during morning rush hour on September 20, 2024 in Beijing, China. China News Service | China News Service | Getty ImagesBEIJING — More economists are calling for China to…
India rules out joining RCEP, accuses China of non-transparent trade
Indian flag and Chinese flag displayed on screen.Anadolu | Anadolu | Getty ImagesIndia's commerce minister rejected the idea of joining the Regional Comprehensive Economic Partnership, the world's largest trade deal, maintaining that it…
CNBC Daily Open: Recession concerns still linger
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., September 19, 2024. Brendan McDermid | ReutersThis report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open…
China economy, Fed rate cut, BOJ rate, RBA
A Chinese flag in Pudong's Lujiazui Financial District in Shanghai, China, on Sept. 18, 2023.Raul Ariano | Bloomberg | Getty ImagesAsia-Pacific markets opened lower Monday as investors assessed monetary policy decisions from Japan and…
Bipartisan national security group endorses Harris over Trump
US Vice President and Democratic presidential candidate Kamala Harris boards Air Force Two at John Murtha Johnstown-Cambria Airport in Johnstown, Pennsylvania, on September 13, 2024. Drew Angerer | AFP | Getty ImagesMore than 700 former…
Speaker Johnson axes Trump voting rules in government funding bill
U.S. Speaker of the House Mike Johnson (R) (R-LA) departs a press conference with Republican leadership on Capitol Hill on September 18, 2024 in Washington, DC. Win McNamee | Getty Images News | Getty ImagesRepublican House Speaker Mike…
Intel wild week leaves Wall Street uncertain about chipmaker’s future
Intel CEO Patrick Gelsinger speaks at the Intel Ocotillo Campus in Chandler, Arizona, on March 20, 2024. Brendan Smialowski | AFP | Getty ImagesIt was quite a week for Intel.The chipmaker, which has lost over half its value this year and…
Middle Eastern funds plowing billions into the hottest AI start-ups
Sovereign wealth funds out of the Middle East are emerging as key backers of Silicon Valley's artificial intelligence darlings.Oil-rich nations like Saudi Arabia, United Arab Emirates, Kuwait and Qatar have been looking to diversify…