CNBC World News

PDD Holdings reported stellar first-quarter results last week, sending its shares surging and driving its market-cap past that of rival Alibaba Group.

Cost-conscious Chinese consumers are increasingly picking cheaper tourist destinations at home instead of going overseas.

The International Monetary Fund raised its forecast for China's growth this year to 5%, from 4.6% previously, due to "strong" first quarter figures and policy moves.

Donald Trump says he did not have sex with porn star Stormy Daniels, who was paid before the 2016 election to keep quiet about an alleged tryst.

Texas Instruments has become the latest company targeted by activist investor Elliott, which has taken a $2.5 billion stake in the chipmaker.

Former top FTX exec Ryan Salame who turned on Sam Bankman-Fried sentenced to 90 months in prison and ordered to pay more than $11 million.

The Chevron-Hess deal was originally slated to close in the first half of 2024, but that timeline has been delayed due to a dispute with Exxon Mobil.

Jan Leike joined Amazon-backed Anthropic shortly after resigning from OpenAI.

HubSpot shares rose Tuesday after CNBC's David Faber reported that Alphabet is in talks about an all-stock bid for the company.

Israeli Prime Minister Benjamin Netanyahu described the attack as a tragic incident.

Shares in GameStop gained on Tuesday after the company announced Friday that it had made $933 million from a stock sale.

Workers United is pushing Starbucks for better pay and benefits as well as improved staffing and scheduling.

Ji Hye Kim took a significant pay cut when she went from health care to food services. Her Michigan-based restaurant, Miss Kim, is now a success.

Georgian lawmakers on Tuesday voted to override a presidential veto on the Russia-style "foreign agents" law.

The U.K. has been "denied the skills and infrastructure it needs to flourish," the letter says.

The 2025 911 Carrera GTS hybrid marks a significant update to the iconic German sports car amid the automotive industry's focus on electrified vehicles.

OpenAI, the developer of ChatGPT, said it has begun training its "next frontier model."

The Federal Reserve should wait for significant progress on inflation before cutting rates, Minneapolis Federal Reserve President Neel Kashkari said Tuesday.

A growing wave of deepfake scams has looted millions of dollars from companies worldwide, and cybersecurity experts warn it could get worse as criminals exploit generative AI for fraud.

In the book, "Women Money Power," financial journalist Josie Cox tells the story of women's fight for financial equality.