While the “sun is still shining” on the global economy, clouds could be looming over the horizon, warned Tao Zhang, a deputy managing director for the International Monetary Fund. Speaking with CNBC’s Joumanna Bercetche on Thursday, Zhang said there are currently three big challenges facing the global economy: tensions on […]
CNBC News
Risks to the global economy will begin materializing in 3 years ‘at the latest,’ says UBS chairman
The world economy is set for one of its best years since the global financial crisis, with both developed and emerging countries growing while inflation is still subdued and monetary conditions remain largely accommodative. But such a good run could end in the next two to three years, according to […]
Sweden, Mongolia, Pyongyang and more: Where a Trump-Kim summit could take place
As the White House and Pyongyang prepare for a historic summit, one of the biggest logistical sticking points is location. President Donald Trump and North Korean ruler Kim Jong Un are expected to sit down face to face in May or June to discuss the rogue state’s nuclear weapons program […]
How to use social media to advance your career in 4 simple steps
Social media can be a welcome distraction from the daily grind of the office, but it can also be a useful tool for advancing your career — if you know how to use it. That doesn’t just mean listing your resume on LinkedIn and or liking the same interests as […]
Comey memo: Trump complained about Flynn’s ‘judgment issues’
President Donald Trump told former FBI Director James Comey that he had serious concerns about the judgment of his first national security adviser, Michael Flynn, according to memos maintained by Comey and obtained by The Associated Press. The 15 pages of documents contain new details about a series of interactions […]
China’s pharmaceutical industry is poised for major growth
China, the world’s manufacturing powerhouse, is moving toward a more value-add economy and there’s one major industry where the country could dominate both as a maker and consumer: health care. That’s because China rocketed into its position as the world’s second-largest economy in a matter of decades under a strict […]
The 10-year Treasury could test the stock market’s comeback
Suddenly, rising interest rates matter to the stock market again. Stocks traded lower Thursday, as interest rates moved higher and tech was under pressure. The yield on the bench mark 10-year Treasury note edged up to 2.93 percent, a four-week high, and traders were watching to see if the yield […]
Asian markets slip as technology stocks decline
Negativity on Wall Street flowed through to Asian markets on Friday, with regional stock indexes tracking lower in early trade amid declines in the technology sector. The Nikkei 225 slipped 0.34 percent in early trade as semiconductor companies traded lower while financials and utilities held onto gains in early trade. […]
One researcher at the AI lab co-founded by Elon Musk made over $1.9 million in 2016
One of the poorest-kept secrets in Silicon Valley has been the huge salaries and bonuses that experts in artificial intelligence can command. Now, a little-noticed tax filing by a research lab called OpenAI has made some of those eye-popping figures public. OpenAI paid its top researcher, Ilya Sutskever, more than […]
Cramer Remix: The trade war with China has shifted to tech
The Trump administration’s trade dispute with China may have quieted down, but CNBC’s Jim Cramer argued on Thursday that it is far from over. “We’ve opened up a new front in the trade war, and while it’s quieter than all of the bombast about tariffs that had people freaking out, […]