Economy

Ford Motor CEO Jim Farley during a reveal of a special-edition Ford Mustang GTD for the Detroit Auto Show on Jan 9, 2024. Michael Wayland/ CNBC DETROIT — Ford Motor ‘s operations in China earned roughly $600 million last year despite challenging market conditions, CEO Jim Farley said Thursday night. “I’m happy to say that Ford […]

Tik Tok creators gather before a press conference to voice their opposition to the “Protecting Americans from Foreign Adversary Controlled Applications Act,” pending crackdown legislation on TikTok in the House of Representatives, on Capitol Hill in Washington, U.S., March 12, 2024. Craig Hudson | Reuters The Supreme Court on Friday will hear oral arguments in […]

Nvidia CEO Jensen Huang speaks about the Project Digits personal AI supercomputer for researchers and students during a keynote address at the CES tech conference in Las Vegas, Jan. 6, 2025. Patrick T. Fallon | Afp | Getty Images Nvidia CEO Jensen Huang was greeted as a rock star this week at CES in Las […]

Former U.S. President Donald Trump, alongside his attorney Todd Blanche, speaks to the media as he arrives for his criminal trial for allegedly covering up hush money payments at Manhattan Criminal Court on May 30, 2024 in New York City. Michael M. Santiago | Via Reuters The U.S. Supreme Court on Thursday narrowly denied a […]

A U.S. flag flutters amid the remains of burnt buildings as powerful winds fueling devastating wildfires in the Los Angeles area force people to evacuate, in the Pacific Palisades neighborhood of west Los Angeles, California, U.S. Jan. 8, 2025. Mike Blake | Reuters The wildfires wreaking devastation in the Los Angeles area could become the […]

A simple principle underpins a contentious Thursday decision by the U.S. and key allies to tap profits from Russian sovereign assets in support of Ukraine: Moscow must make reparations. “Russia has to pay,” European Council President Charles Michel told CNBC’s Steve Sedgwick, after the leaders of the Group of Seven (G7) major democracies agreed in […]

A Swiggy delivery agent as seen in Kolkata , India , on 3 July 2023 . Famous food delivery company Swiggy faced a loss over 80% in 2022 according to investor filling. (Photo by Debarchan Chatterjee/NurPhoto via Getty Images) Nurphoto | Nurphoto | Getty Images This report is from this week’s CNBC’s “Inside India” newsletter […]

Guests posing for a group photo at the “Let’s Go the Extra Mile” hospitality campaign launch ceremony at the Central Government Office in Hong Kong on June 3, 2024. Nurphoto | Nurphoto | Getty Images Hong Kong is asking service workers to be more courteous and smile in a bid to win back tourists. But […]

The Bank of Japan is largely expected to hold interest rates steady at the end of its 2-day meeting ending June 14, 2024. Seen here, the Japanese flag flying high at the BOJ headquarters in Tokyo. Kazuhiro Nogi | Afp | Getty Images The Bank of Japan kept its benchmark interest rate unchanged on Friday […]

People filling water in plastic cans from a water supply tanker at Chanakyapuri, Delhi on June 12, 2024. Hindustan Times | Hindustan Times | Getty Images India’s capital Delhi is facing a severe water crisis as the country undergoes its “longest spell” of recorded heatwave. According to India’s Meteorological Department, temperatures in some parts of […]