CNBC World News

A standoff between the White House and Congressional Republicans over raising the U.S. debt ceiling has pushed the world's largest economy to the brink of defaulting on its bills.

Global personal computer demand continued to slump and revenues fell for a third consecutive quarter but China's PC maker Lenovo is not worried.

CNBC's Jim Cramer warned investors on Wednesday that lawmakers will inevitably cost them money as debt ceiling negotiations drag on.

The nation's AAA long-term foreign-currency issuer default rating is on negative watch by Fitch, one of the big three ratings agencies.

Florida Gov. Ron DeSantis' presidential campaign announcement plans evening were derailed by massive technical glitches on Elon Musk's Twitter.

Stocks extended their downward slide as the debt limit debacle continues to worry investors.

The move sets DeSantis against former President Donald Trump in the race for the GOP nomination.

As strong as the results were, the chipmaker's guidance for its current quarter was even more robust.

Congress faces a June 1 deadline to raise or suspend the debt ceiling in order to avoid a catastrophic default.

Nvidia is the top provider of advanced GPU chips for artificial intelligence.

Singer Tina Turner has died at the age of 83 after a long illness, a spokesperson said Wednesday.

The European Parliament earlier this month greenlighted rules for AI, including measures for generative AI tools like ChatGPT and Google's Bard chatbot.

The Federal Reserve on Wednesday released minutes from its May 2-3 policy meeting.

Artificial intelligence has been thrust into the center of conversations among policymakers grappling with what the tech should look like in the future.

Russia invaded Ukraine 15 months ago in what is widely seen as the most egregious transgression of national sovereignty in Europe in years.

After months of anticipation, Netflix began its password-sharing crackdown in the United States.

Xpeng has been hurt by a tough macroeconomic situation in China as well as rising competition from Tesla, BYD and electric car startups.

The findings show that Moscow has been able to successfully claw back earnings from fossil fuel exports in recent weeks.

SoftBank offered a sharp rebuke on Wednesday to S&P Global Ratings after the agency downgraded the Japanese giant's credit rating.

A top European Union regulator defended a decision to hit Meta with a record-setting fine, saying she had to enforce the law based on existing rules.