UK PM Rishi Sunak's leadership on rocky ground as party rebellion mounts

Acts of rebellion from radical factions within the U.K.'s ruling Conservative Party risk weakening Prime Minister Rishi Sunak's grip on power.

Novartis unit Sandoz set to start trading after completing spinoff

Novartis has completed the planned spin-off of its generics and biosimilars business, Sandoz, which will begin trading on the SIX Swiss Exchange on Wednesday.

Something is breaking in financial markets — Here's what's behind the sell-off

The pain of recognition was acute for Wall Street on Tuesday, with major averages down sharply across the board.

U.S. ambassador insists America remains the top foreign policy actor in the Middle East

The U.S. Ambassador to the United Arab Emirates Martina Strong believes the U.S. is unequivocally the most important foreign policy actor in the Middle East.

Ripple obtains full license to operate in Singapore as it expands in Asia-Pacific

Ripple said on Wednesday that it has obtained a full license to operate in Singapore, a strategic step toward growing its presence in the Asia-Pacific region.

Indian energy minister warns of ‘organized chaos’ if oil tops $100 per barrel

While Hardeep Singh Puri was confident that India could navigate higher prices, he warned that other nations may not be able to do so.

CNBC Daily Open: High rates are breaking something new in markets

The narrative of low interest rates in the long term — one that’s become familiar after the 2008 Great Financial Crisis — is falling apart.

Japan’s property sector sees ‘golden period’ as foreign investments surge 45%

Foreign investments into Japan's real estate sector have been burgeoning in the past year, buoyed by a weak Japanese yen.

Beyonce's Renaissance Tour film is coming to save the day for the weak December box office

AMC has partnered with Parkwood Entertainment to bring Beyonce's Renaissance Tour to cinemas in December.

Job postings mentioning AI have more than doubled in two years, LinkedIn data shows

New data from LinkedIn shows that job postings that mention AI have soared, and professionals are responding to the shift.

TikTok halts e-commerce service in Indonesia following ban

This comes after Indonesia imposed a one-week deadline for TikTok to become a standalone app.

How Meta and Apple are navigating uncertain terrain in Europe and China

Club holdings Meta Platforms and Apple made headlines Tuesday, and the reports suggest both tech giants are adapting to complicated operating environments.

House ousts Kevin McCarthy as speaker, a first in U.S. history

It was not clear who would replace McCarthy, who was elected speaker in January after Republicans won control of the House in the 2022 midterm elections.

Intel plans to IPO programmable chip unit within three years; stock rises after hours

Intel said it will continue to support its programmable chip business and will retain a majority stake after a spinout

Bill Gross says the surging 10-year Treasury yield could test 5% in the short term

One-time bond king Bill Gross believes Treasury yields have the potential to shoot even higher in the short run.

Tech stocks are still sliding after closing out their worst month of 2023

Tech stocks fell sharply Tuesday, leading a broader market decline that was sparked by concerns of rising interest rates.

Krispy Kreme puts Insomnia Cookies brand up for sale as it doubles down on doughnuts

Krispy Kreme bought a majority stake in Insomnia Cookies in 2018.

Meta wants to charge European users $14 to access ad-free Instagram, Facebook: Report

Meta is considering charging its European users to access ad-free versions of Instagram and Facebook.

A fresh haircut and ready for court: Day one of Sam Bankman-Fried's criminal trial

Former crypto titan Sam Bankman-Fried faces charges of fraud and money laundering related to the collapse of his crypto exchange, FTX.

Google is making big changes to prevent Gmail spam

Google will require emailers who send more than 5,000 messages per day to Gmail users to offer a one-click unsubscribe button in their messages.

Meta's news partnership head Campbell Brown is leaving the company

Campbell Brown, Meta's top executive responsible for handling the company's partnerships with news publishers, is leaving the company after seven years.

Novavax updated Covid vaccine wins FDA, CDC backing, paving way to reach Americans within days

Health officials see Novavax's protein-based vaccine as a valuable alternative for people who don't want to take messenger RNA shots from Pfizer and Moderna.

Mortgage rate races toward 8% after hitting a high not seen since late 2000

Mortgage rates follow loosely the yield on the 10-year Treasury, which has been climbing this week.

As EV sales surge and cars get heavier, parking garages will have to change

Parking garages are one area where the growing number of EVs and bigger vehicles is going to have a major impact.

Germany's political landscape is shifting, with the far-right AfD party ahead in the polls

The AfD is currently polling between 19% and 23% nationally, according to data compiled across eight different platforms.

Judge issues gag order in Trump fraud trial after ex-president posts about law clerk

Former President Donald Trump, who glared at NY Attorney General Letitia James on the tense first day of the trial, is present in the courtroom again for Day 2.

San Francisco woman trapped under autonomous Cruise vehicle after being struck in hit and run

A pedestrian suffered serious injuries after a hit-and-run driver struck her and hurled her into a driverless Cruise vehicle Monday night.

The $8 billion Sam Bankman-Fried criminal trial starts today — here's what's at stake and how we got here

Sam Bankman-Fried's criminal trial kicks off with jury selection in New York on Tuesday morning.

Russian ruble weakens past symbolic threshold of 100 against the dollar

The Russian ruble weakened beyond a symbolic threshold of 100 to the U.S. dollar in the early hours of Tuesday.

Former BP boss Bob Dudley says Looney’s shock exit ‘came out of nowhere’

Former BP CEO Bob Dudley said Tuesday that the shock resignation of Bernard Looney last month "came out of nowhere."