CNBC World News

U.S. stocks edged higher Wednesday as investors continued to bet the impact of omicron would not be as threatening as previously thought.

The stay means that the Apple App Store will effectively remain under the status quo prohibiting developers from adding external links to other payment systems.

"I think we could go to a period where we have an economic boom not unlike post-World War I" and after the 1918 pandemic, CNBC's Jim Cramer said Wednesday.

Day by day, more information has emerged regarding the spread of the variant, as well as anecdotal evidence and preliminary data about its risk profile.

Mark Cavendish stunned pro cycling with a comeback in the 2021 Tour de France that saw him tie Eddy Merckx for the most stage wins.

"When we see real-world data, will determine if the omicron is well covered by the third dose and for how long," Pfizer CEO Albert Bourla told CNBC.

The Covid omicron variant significantly reduces antibodies generated by Pfizer and BioNTech's vaccine, according to a small preliminary study released Tuesday.

When asked how Biden addressed Putin's "red lines," national security advisor Jake Sullivan said that Biden made "made no such commitments or concessions."

Biden said Wednesday that his administration was not considering sending U.S. troops to Ukraine amid an alarming Russian military buildup on its shared border.

Japanese billionaire Yusaku Maezawa arrived at the International Space Station on Wednesday, where he'll spend nearly two weeks visiting.

Hedge fund billionaire Ray Dalio gives advice on how to prepare yourself for future financial catastrophes — and what could tank the American economy next.

"Today we mark a significant milestone for our transformation," Saudi Tadawul Group CEO Khalid Al Hussan told CNBC's Dan Murphy on Wednesday.

Scholz, a member of the center-left SPD party, will lead a three-party coalition with the Greens and the pro-business FDP party.

The House passed a bill that would allow the Senate to raise the debt ceiling with a simple majority vote.

Meta has said that it will allow employees the option to delay their scheduled return to the office by three to five months.

The Reserve Bank of India's monetary policy committee voted to keep the repo rate — the rate at which the RBI lends to commercial banks — unchanged at 4%.

This is the Chinese social media giant's secondary listing where it raised approximately $385 million.

China is drawing up a blacklist targeting new companies in sensitive sectors that use the variable interest entity structure, reported the Financial Times.

European stocks are expected to open modestly higher on Wednesday with investors continuing to digest the latest news around the new omicron Covid variant.

Visa is launching new consulting and advisory services to help its clients navigate the world of cryptocurrencies.