CNBC World News

The euro fell to its lowest level in two decades on Tuesday, sliding more than 1%.

The shooting occurred in the wealthy Chicago suburb of Highland Park.

The bond market is flashing a warning that the economy may be falling or already has fallen into recession, according to one closely watched measure.

European stocks closed sharply lower on Tuesday as global markets failed to cement gains after a bruising week for stocks last week.

The governor of the Bank of England said Tuesday that the global economic outlook has "deteriorated materially" and warned of possible further shocks to come.

The first half of 2022 was dismal for stocks, and strategists think there are more dark clouds on the horizon. Here's how they suggest navigating it.

Vauld on Monday paused operations and said it was exploring restructuring options due to "financial challenges."

Joe Root and Jonny Bairstow both scored majestic hundreds as England made history.

Finland and Sweden got one step closer to becoming full members of NATO on Tuesday, in what's been the fastest accession process in the defense alliance's history so far.

Russia is poised to temporarily shut down the European Union's single biggest piece of gas import infrastructure.

While there is excitement about the potential of marine energy, the overall size of tidal stream and wave projects remains small compared with other renewables.

Many of the world's leading economies will fall into a recession within the next 12 months, according to the chief economist at brokerage firm Nomura holdings. 

China's Vice Premier Liu He and U.S. Treasury Secretary Janet Yellen held a virtual call about macroeconomic issues, according to statements from both sides.

The G-7's pursuit of a price ceiling on Russian oil is not without its challenges, with energy analysts highly skeptical about the integrity of the proposal.

Just days after China relaxed some Covid controls, virus cases in different parts of the country have put new regions on alert.

Shares in the Asia-Pacific mostly rose on Tuesday as the Reserve Bank of Australia hiked interest rates in line with expectations.

Vauld is the latest victim of the cryptocurrency price plunge this year that has exposed flaws in a number digital coin projects and business models.

Raising interest rates to tame demand isn't the right solution, as high prices have been driven mainly by supply chain shocks, one analyst said. 

This year's first-half wipeout was substantial and all-encompassing. To understand where we go from here, it's instructive to look back at the dot-com bust.

Thousands of flights have been cancelled and recent travelers have queued for many hours at airports across Europe.