CNBC
'Tax us now': Millionaires call on the global elite to tax them more
A group of over 150 millionaires are calling on the elite attendees of this year's World Economic Forum in Davos, to tax them more.... See more
Pakistan hiked rates to cool soaring inflation, central bank acting governor says
Pakistan hiked its interest rate for the second time in more than two months on Monday, and one reason for that is soaring inflation in the country, said its central bank's acting governor.... See more
The Great Resignation looks set to continue — 1 in 5 say they'll change jobs in the next year
Higher pay, more job fulfillment and wanting to be "truly themselves" at work are the factors pushing workers to change jobs, according to PwC.... See more
Chinese stocks plummet as tech stocks drop; investors weigh possible U.S. tariff cut on China's goods
Sentiment in U.S. markets appeared to have been boosted by news that U.S. President Joe Biden may be considering cutting tariffs on Chinese goods.... See more
Klarna to lay off 10% of its workforce as souring economy hits buy now, pay later space
The Swedish buy now, pay later firm is reportedly looking to raise fresh funding in a round that will reduce its valuation by a third.... See more
'Economy is security': Biden's Quad trip shows that in Asia, trade and security are one thing
The Quad countries and others in Asia made clear that while maritime defense is important, real security has to heed Asian countries' economic needs.... See more
Chinese buyers not living in lockdown shake off electric car price hikes, Xpeng says
In a sign Chinese drivers are still willing to buy electric, start-up Xpeng said that demand for its cars has shaken off the impact of price hikes.... See more
U.S. firm Clearview A.I. fined for illegally collecting images of Brits' faces
Clearview AI, a New York-headquartered facial recognition company, has been fined £7.5 million ($9.4 million) by a U.K. privacy regulator.... See more
Spain paints itself as the answer to Europe's Russian energy problem
Spain's Pedro Sanchez says his country — and southern Europe more broadly — could provide an answer to the shortfall in gas supplies.... See more