CNBC World News

Travelers who have "done" Paris, visited Tuscany and toured the U.K.'s picturesque Cotswolds region are returning to explore the food, rather than the sites.

"What a bank needs to do from a regulatory point of view and customer's point of view is that we need to protect our customers," said Onyx CEO Umar Farooq.

The city-state has shown its approval for blockchain technology and has embarked on various projects such as Project Ubin and Project Guardian.

Barclays cut its forecast for China's economic growth next year to 3.8%, based partly on expectations of a drop in global demand for Chinese goods.

Atlassian's free users are also converting to paid customers more slowly.

Amazon is pausing hiring for roles in its corporate workforce, the company announced in a memo to staff Thursday.

Online payments giant Stripe is laying off roughly 14% of its staff, CEO Patrick Collison wrote in a memo to staff Thursday.

This year's hot pace of job creation may have slowed in October, but unemployment is expected to remain very low as worker shortages persist.

White House chief medical advisor Dr. Anthony Fauci said Covid deaths are too high heading into the winter.

"The Dow components all know how to handle a recession," he said.

Shares of Starbucks have fallen nearly 28% this year, dragging its market value down to $97.11 billion.

Meta shares are down roughly 73% over the past year, putting the social networking giant at the bottom of the stock market index.

The Black Sea Grain Initiative, which is set to expire next month, has helped address the mounting food crisis triggered in part by Russia's war.

PayPal shares fell more than after hours despite beat on earnings and revenue expectations for the third quarter.

Coinbase has struggled this year as cryptocurrency prices have plunged and investors have rotated out of the riskiest assets.

The British pound on Thursday sank against the U.S. dollar after the U.K.'s central bank said it expected a recession to last for all of 2023 and the first half of 2024.

The National Retail Federation said it expects holiday sales to rise between 6% and 8% from last year — a decline when factoring in the effect of inflation.

Godzilla made its mark on the film industry 68 years ago, and the monster’s reign is growing more powerful due to streaming.

Mercedes Wedaa, who was hired as a housekeeper in 2019, claimed she faced racial discrimination, and worked long hours without adequate meal or rest breaks.

Spending in federal and state races in the 2022 elections is expected to top $16.7 billion, making them the most expensive midterms ever.