Rather than spend or invest, 58.3% of survey respondents said they preferred to save their money, according to a People's Bank of China second quarter report.
With a recession possibly on the horizon, investors are writing fewer — and smaller — checks for fintech companies. And they're getting much more selective.
"From the very beginning of the war, I [have] said that [Putin] only understands the language of strength," says Dalia Grybauskaite, former president of Lithuania.
"While most high-profile lockdowns were relaxed in May, June data do not show the powerhouse bounce-back most expected," according to a report released Tuesday.
A leader of the U.S. Federal Communications Commission asked Apple and Google to remove TikTok from their app stores over China-related data security concerns.
Unilever said it sold the Israeli branch of Ben & Jerry's to Avi Zinger, whose American Quality Products already licenses the ice cream for sale in the country.
Cleveland Fed President Loretta Mester said Wednesday that she will be advocating for a 75 basis point hike to interest rates in July if conditions stay the same.
A member of the European Central Bank told CNBC Wednesday that there's plenty of runway to hike interest rates, following the two planned raises for July and September.