CNBC World News

Lower-end consumers have shifted buying patterns to save money as their bank accounts dwindle in size, according to Citigroup CEO Jane Fraser.

The personal consumption expenditures (PCE) price index excluding food and energy increased 0.1% for the month, lower than the expected 0.2% gain.

Structure's pill is part of the same class of drugs as Novo Nordisk's blockbuster diabetes drug Ozempic and weight loss counterpart Wegovy.

The Biden administration announced the next step in its new plan to cancel people's student debt after the Supreme Court struck down its original policy.

Apple is concerned about new rules in China that would ban unregistered foreign apps from its App Store.

Pedro Sanchez, Spanish Socialist Workers' Party leader, now has two months and two similar attempts to gain parliamentary support.

Oil prices surging to the brink of $100 a barrel and the specter of higher-for-longer inflation has reignited concern about stagflation risks.

Inflation in the euro zone fell to 4.3% year-on-year and 0.3% month-on-month in September, flash figures showed Friday.

Northvolt plans to establish a fully integrated lithium-ion battery gigafactory in the Canadian province of Quebec — its first factory outside Europe.

Frustrations remain around key economic demands and what some see as a lack of urgency by the union to reach a deal, according to people familiar.

The Pershing Square Capital Management CEO said he did not believe the Federal Reserve could get inflation back down to its 2% target.

The U.K.'s economic performance since the start of the Covid-19 pandemic has surpassed that of France and Germany, according to data revisions published Friday.

"The self-fulfilling prophecy means that at a particular point of time comes a tipping, and then there's a fall of demand," India's energy minister warned.

Coinbase CEO Brian Armstrong slammed the move by Chase UK to ban crypto transactions, saying it was wrong for private companies to "deplatform" the industry.

Eurasia Group President Ian Bremmer said he is an "enthusiast" about the potential for artificial intelligence, but warned of possible risks on the horizon.

TikTok Shop's Southeast Asian ambitions take a major hit as it is forced to operate as a standalone short video app in Indonesia.

A smattering of positive developments helped investor sentiment yesterday. But long-term prospects still look uncertain.

The company did not elaborate on what were the crimes, or what measures were taken against chairman Hui Ka Yan.

Brazil's Minister for Indigenous Peoples says the country is seeking to prevent the Amazon from hitting a tipping point.

A leading candidate to become Slovakia's next prime minister, Robert Fico, has vowed to halt all military assistance to Ukraine.