Drug overdose deaths among teenagers surged during the pandemic driven by illicit fentanyl
Fentanyl was involved in 84% of the deaths while opioids of any type were involved in 91%.
CNBC Asia
Asia's year in review: Who had it good — and who had it bad — in 2022
With hopes that Covid is in retreat and that inflation will moderate in the year ahead, we take a last look at who had it good and who had it bad in 2022.
Omicron boosters are 84% effective at keeping seniors from being hospitalized with Covid, CDC says
U.S. health officials have focused in particular on making sure older adults stay up to date on their Covid vaccines.
Millennials bought an abandoned high school for $100,000 and turned it into a 31-unit apartment building—take a look inside
Jesse Wig, Adam Colucci, and Dan Spanovich purchased an abandoned high school for $100,000 and spent over $2 million to turn it into an apartment building.
U.S. slaps restrictions on Chinese chipmaker and other companies over national security worries
The new designations also take aim at Russia-linked entities supporting that country's military invasion of Ukraine, the Commerce Department said.
How this millennial CEO steered the world's largest vaccine maker during the pandemic
Adar Poonawalla became the CEO of the world's largest vaccine manufacturer, Serum Institute of India, when he was 30 years old.
China's reopening brings both risks and opportunities, Asian Development Bank says
China's reopening would pose both upside and downside risks to the country's economy, Albert Park, chief economist at the Asian Development Bank said.
Morgan Stanley upgrades its 2023 growth outlook for China, expects stronger and earlier rebound
Morgan Stanley raised its outlook for China's economy in 2023 on a rebound in activity that the firm predicts will come earlier and sharper than expected.
The top 10 cities that offer homebuyers the most bang for their buck—none of them are in Florida
According to Realtor.com, housing markets in cities like El Paso and Louisville will continue to rise as buyers are priced out of bigger cities.
Boeing's last 747 has rolled out of the factory after a more than 50-year production run
Boeing has produced 1,574 of the planes at its factory north of Seattle.
Inflation has peaked — but it's not returning to pre-Covid levels in 2023, Mastercard says
It'll take a few years to return to 2019 levels, said David Mann of the Mastercard Economics Institute.
Southeast Asian markets are in for a 'bungee jump' in 2023, says JPMorgan
The region's markets are likely to plunge before surging in the second half of 2023, according to JPMorgan analysts.
Huawei licenses 5G patents to rival as U.S. sanctions force the Chinese giant to seek new revenue
Huawei historically has not monetized its huge chest of 5G patents but it is looking to find new revenue streams after U.S. sanctions crushed its mobile business.
TSMC bucks broader chip slump with 50% revenue surge, helped by Apple iPhone orders
The world's largest contract chipmaker reported the November surge thanks in part to orders of semiconductors for high-end smartphones such as Apple's iPhone.
What to expect next as China relaxes Covid controls
As mainland China relaxes many of its stringent Covid controls, analysts point out the country is far from a quick return to a pre-pandemic situation.
Turkey is stopping oil not under Russian sanctions, raising global energy market supply concerns
Much of the oil being held up by Turkey is Kazakh-origin and not subject to a Russian crude price cap, but shipment delays may impact the global energy market.
Tech layoffs in Southeast Asia mount as unprofitable startups seek to extend their runways
Tech layoffs have been increasing in Southeast Asia as growth slows down. Existing investors are also pushing startups to extend their runways.
China eases Covid restrictions on travel and production
China said Wednesday that people will no longer need to show negative virus tests or health codes in order to travel between different regions.
China's reopening is a bigger driver for oil prices than cap on Russian crude, Singapore foreign minister says
China is the world's largest oil importer and news of its reopening plans has swayed oil prices.
Hong Kong home prices drop to the lowest in nearly five years — and the worst may not be over
Prices of Hong Kong's residential properties plunged to a near five-year low as rising interest rates and a mass exodus of expat workers drove down prices.
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