"This is a very, very bad thing. The country did not need a currency that was good for kidnappers," Munger said in an interview with CNBC's Becky Quick Tuesday.
Finance Minister Jeremy Hunt must weigh the country's economic peril against his party's political survival as he delivers a long-awaited fiscal statement Thursday.
President Joe Biden said there "need not be a new Cold War" between the U.S. and China following a three-hour meeting with Chinese President Xi Jinping.
Amazon plans to lay off approximately 10,000 employees in corporate and technology roles beginning this week, according to a report from The New York Times.
A new survey shows private jet travelers want to continue to fly privately. But they're shopping around for cheaper companies, thanks to increasing costs.
Crypto.com CEO Kris Marszalek said his firm had a "tremendously strong balance sheet" and wasn't engaged in the kinds of practices that caused FTX's collapse.