The European Central Bank on Thursday confirmed its intention to hike interest rates at its policy meeting next month and downgraded its growth forecasts.
CFOs are as worried about inflation as everyone else, and expect the economy to enter a recession during the first half of 2023, according to a CNBC survey.
The planned IPO of Ant Group, which is controlled by billionaire Alibaba founder Jack Ma, was pulled in November 2020 after regulators flagged concerns.
Gasoline is nearing an average $5 per gallon across the U.S., but prices would have to go higher and stay elevated to cause a recession, economists say.
Universal's "Jurassic World: Dominion" enters domestic theaters Friday, and it will snag the majority of premium format screens from "Top Gun: Maverick."
Inflation is "here to stay," says Suze Orman, and given that, here's the "No. 1 investment that every single one of you should have no matter what right now."
Volkswagen is "actively" looking to establish new assembly and battery facilities in the U.S., Volkswagen of America CEO Scott Keogh told CNBC on Wednesday.