CNBC World News

Microsoft was in fact working on a gold toilet, the CEO of gaming at Microsoft said in an email as the company was preparing to test cloud streaming.

Starting Aug. 1, companies in China that want to export two metals used in semiconductor manufacturing would need to apply for licenses.

China's central bank hit Alibaba affiliate Ant Group with a 7.12 billion yuan fine ($985 million) on Friday.

The nature of the agreement contradicts prior public statements from a high-profile attorney that suggested that Swift pulled out of the contract.

Leqembi is the first Alzheimer's antibody treatment to receive full FDA approval.

U.K. house prices fell at their fastest annual pace in 12 years in June as still escalating mortgage costs piled further pressure on the property market.

Chinese technology giant Alibaba on Friday launched Tongyi Wanxiang, an artificial intelligence tool that can generate images from prompts.

There are concerns that some companies are increasing their prices more than is needed to compensate for higher costs, thereby boosting their profit margins.

Yellen's trip deepens a thaw in U.S.-China ties, coming weeks after Secretary of State Antony Blinken's own visit to Beijing in mid-June.

"The United States will, in certain circumstances, need to pursue targeted actions to protect its national security," U.S. Treasury Secretary Yellen said.

Janet Yellen's visit to China is "crucial" to ensuring that both countries continue talking to each other, said Eswar Prasad of Cornell University. 

A faltering gross domestic product isn't the only figure that suggests tthe German economy is stuttering.

"We should need further reduction in interest rates on the basis of forward-looking inflation, forward-looking output gap," the central bank's governor Nandalal Weerasinghe said.

Companies are grappling with excess chip inventories as consumers buy fewer electronics due to inflation. As a result, prices for memory chips have fallen.

Zoom is "doubling down" on its technical investments in the Asia-Pacific region as it seeks to strengthen growth, said the video communications company.

To be clear, the EIU assesses the risk of a direct Chinese military assault on Taiwan as "very unlikely."

China's Ministry of Commerce said Thursday the country told the U.S. and Europe about this week's export controls in advance.

"There's this false dichotomy of: If you're critical, that means you are toxic ... But nice isn't always better. Sometimes nice is a cop out," said Tessa West.

Levi's CEO Chip Bergh told CNBC's Jim Cramer on Thursday that the company's business is back in China as consumers return post Covid lockdowns.

The expectation-shattering ADP jobs report was all traders could think about yesterday. It reaffirmed that higher rates are all but certain.