CNBC World News

The 1955 Mercedes-Benz 300 SLR Uhlenhaut Coupe smashed the previous record for the most expensive car sold at auction by more than $95 million.

Consumers are grappling with record high gas prices, but the surge is also hurting businesses.

Blockchain.com CEO Peter Smith says the ripple effect from the past few brutal weeks in crypto will take time and there's more "creative destruction" coming.

Both Finland and Sweden already meet many of the requirements to be a NATO member.

Leo Koguan, who claims to be the third-largest individual shareholder of Tesla stock, is calling on the carmaker to announce a $15 billion stock buyback.

Four major retailers — Walmart, Target, Home Depot and Lowe's — reported quarterly financial results this week.

The euro is nearing parity with the U.S. dollar for the first time in 20 years, but currency strategists are divided on whether it will get there.

Major indexes on Wall Street declined more than 3.5% overnight, with the Dow Jones Industrial Average closing at its lowest since March 2021.

China's Covid lockdowns have hurt advertiser sentiment, while Tencent's ad business has also taken a knock from competition from rivals.

Russia has become increasingly isolated from the rest of Europe over 30 years, and maps of the continent illustrate just how drastic the change has been.

Some of the world's largest corporate emitters are increasingly selling off dirty assets in a bid to look greener on paper.

Invesco's Kristina Hooper recalls her own experience of buying a "starter home" as a newlywed in 1996.

There are only two major indexes across Asia-Pacific that are in positive territory so far in 2022, and both of them are in Southeast Asia.

Parents have been struggling to buy formula for their infants since the closure of a key manufacturing facility in Michigan due to bacterial contamination.

Dissenting voices in Russia are rare, but one well-known military analyst gave a damning assessment of the invasion this week.

Under Armour said its president and chief executive officer, Patrik Frisk, will be stepping down, effective June 1.

The weather analysis suggests that high temperatures that used to occur about every 300 years in India and Pakistan may now occur about every three years.

At Block's first investor day since 2017, executives describe how crypto and music-streaming businesses make up an "ecosystem" beyond the original card reader. 

Melvin Capital, the hedge fund crushed last year after betting against GameStop, said it will unwind its funds and return cash to investors.

Major retailer Target warned of rising cost pressures in its business right after Walmart, triggering the sell-off.