CNBC World News

The company's implosion has led the Biden White House and two powerful committee chairs to publicly criticize FTX and call for tighter industry oversight.

The third-quarter contraction was less than the -0.5% expected by analysts.

Two days after Election Day, Democrats and Republicans have yet to learn which party will control the U.S. Senate and House of Representatives.

While there was a shortage of containers at the height of the Covid pandemic, the global economy is now facing the opposite problem: too many containers. 

President Joe Biden took aim at President Vladimir Putin Friday, saying that Russia's war in Ukraine must not thwart global efforts to combat climate change.

Russia's withdrawal from a large chunk of Kherson is likely to be fraught with danger for both sides, according to analysts, who say the battle "is not over."

The U.N.'s flagship annual climate summit, known as COP27, has encountered several problems in its opening days.

Many independent businesses are trying to survive the Christmas period before shuttering in January.

China reduced the quarantine time for international travelers by two days, state media said Friday.

After months of denials, Iran's government admitted to shipping lethal drones to Russia — but claimed it happened before the full-scale invasion of Ukraine.

According to LinkedIn's CEO, the "job transition rate" has fallen year-on-year from a peak of 83% in September last year to 4% this year.

The initial public offerings market nosedived this year.

Musk ended Twitter's "work from home forever" policy and warned the company might not survive the downturn without significant subscription revenue.

He made the remarks during an all-hands meeting that he hosted in part to motivate Twitter employees who remain after sweeping layoffs to work hard.

The in-person meeting between Biden and Xi, the first since Biden ascended to the presidency, will take place on the sidelines of the G-20 summit in Bali.

Blockchain.com CEO and co-founder Peter Smith says that the FTX collapse will lead to important changes in the cryptocurrency economy, but won't sink it.

Russia's withdrawal from Kherson has been described as a humiliating and significant defeat for President Vladimir Putin.

Big bear-market rallies occur often because of the large short interest built up in the downturn, Icahn said.

Cathie Wood's flagship fund is posted its biggest daily pop since its inception in 2014.

Nio's loss widened significantly from a year ago, but revenue was strong, and the company guided to a big jump in production in the fourth quarter.