CNBC World News

Buying a home in the Italian countryside for cheap comes with a catch — in one case, to the tune of of nearly half a million dollars.

Government debt that has swelled nearly 50% is capturing increasing worry both on Wall Street and in Washington.

OpenAI has dissolved its Superalignment team amid the high-profile departures of both team leaders, Ilya Sutskever and Jan Leike.

There are some signs that shoppers are holding off on big-ticket buys, the latest signal of the economy contracting at the hands of tighter monetary policy.

Louisville police arrested Scottie Scheffler ahead of the PGA Championship. The golfer was charged with felony assault on a police officer and reckless driving.

The latest wave of Tesla layoffs hit an array of departments, impacting factory workers, software developers and robotics engineers. Read the WARN filing here.

GameStop said it plans to sell securities and reported preliminary results that showed a drop in first-quarter sales.

Walmart may just be a pit stop for high-income consumers.

Steve Jobs' former intern is now a tech CEO who sold his company to Google. He attributes much of his success to his time working at NeXT.

Protesters on campuses nationwide have called on universities to divest from Israel due to the war in Gaza. Here's how divestment would actually work.

The Dow Jones Industrial Average passing the 40,000 barrier makes for a nice headline, but market experts do not take much else from the move.

Mistral, a French AI firm founded in 2023, won a 15 million euro, or $16 million, investment from Microsoft earlier this year.

Last year, while combined public auction sales for Sotheby's, Christie's and Phillips fell by 19%, private sales rose.

Shares of Swiss luxury group Richemont climbed as much as 6.3% Friday after it reported record full-year sales even as Asia-Pacific spending waned.

Xpeng AeroHT, introduced the Land Aircraft Carrier, a large truck with a detachable flying two-seater passenger electric drone inside.

India has witnessed signs of democratic backsliding that has become apparent during the Modi era, observers and critics say.

Chinese companies are growing more optimistic about a rise in trade exports as firms show no signs of fully decoupling from China, according to Allianz Trade. 

European Central Bank board member Isabel Schnabel warned against back-to-back rate cuts amid continued inflation risks, according to a Nikkei report.

One area that has caught regulators' attention is the rapidly growing derivatives market, particularly futures and options trading.

Ping An last year had supported a shareholder motion to spin off HSBC's Asia business and establish fixed dividends. The motion was eventually defeated.