Bitcoin and ether slide as China intensifies crackdown on cryptocurrencies

Bitcoin and ethereum tumbled Friday, with traders rattled by tough talk out of China.

S&P 500 rises for a third straight day to end a wild week of trading

A move by China to ban cryptocurrencies hit the tech sector and Nike shares fell as supply chain issues hit the sneaker giant.

China's central bank says all cryptocurrency-related activities are illegal, vows harsh crackdown

China's central bank renewed its tough talk on bitcoin, calling all digital currency activities illegal and vowing to crack down on the market.

Huawei CFO Meng Wanzhou to be released after agreement with U.S. in wire fraud case

Meng Wanzhou was arrested in Canada in December 2018 as the U.S. sought to extradite her on bank and wire fraud charges.

Costco, Nike and FedEx are warning there's more inflation set to hit consumers as holidays approach

Shipping bottlenecks that have led to rising freight costs that will be passed onto consumers are cooking up a holiday headache for U.S. retailers.

Stocks face another turbulent week as the third quarter winds down

After recent turbulence, markets are likely to close out the final week of the third quarter with another bout of volatility.

Treasury carves path for U.S. humanitarian aid to Afghanistan while upholding sanctions on Taliban

The two general licenses issued by the department are aimed at alleviating the crushing U.S. sanctions placed on the Taliban from impacting Afghan civilians.

Empty shelves, gasoline shortages and sky-high energy prices? Britain is facing a ?difficult winter?

Britain has been plunged into uncertainty as issues over gasoline, electricity and food have prompted warnings of "a really difficult winter" for the country.

Who?s who in Germany?s historic election

CNBC takes a look at the main political figures that could shape the future of Europe's largest economy.

You can now get paid in bitcoin to use Twitter

Twitter will now allow users to tip their favorite creators on the social network using bitcoin.

Ukraine?s Naftogaz CEO accuses Russia of using gas as a geopolitical weapon as energy crisis deepens

It comes shortly after the IEA intervened to call on Russia to send more gas to Europe to alleviate the region's deepening supply crunch.

Europe has ?limited? direct exposure to Evergrande?s debt crisis, Lagarde says

It comes at a time when global stock markets are on high alert over Evergrande's massive debt problems.

Evergrande stays silent on its $83 million dollar bond interest payment, leaving investors in limbo

Chinese property developer Evergrande has not said whether it will fulfil its interest payments to investors on its U.S.-dollar bond.

Biden condemns Border Patrol agents' treatment of Haitian migrants, vows they will face consequences

President Joe Biden on Friday condemned Border Patrol's treatment of Haitian migrants in Del Rio, Texas, saying agents responsible for the actions will be punished. 

Elon Musk says the chip shortage is a ?short-term? problem

Tesla CEO Elon Musk said Friday that the ongoing semiconductor crisis will be over by next year.

Evergrande's crisis was 'a long time coming,' says banned short-seller Andrew Left

In an interview with CNBC, Left gave a point-by-point rebuttal to what Hong Kong regulators said of him after he published a report on Evergrande years ago.

Without Merkel, many German voters don't know who to vote for

A significant number of German voters have not yet decided who to vote for in Sunday's upcoming election, making the outcome even more unpredictable.

ECB's Lagarde warns energy price pressures could outlast Covid supply shocks

"Energy is going to be a matter that will probably stay with us longer," ECB President Lagarde told CNBC in an exclusive interview.

The Evergrande crisis may just be a ?tempest in a teapot,? says analyst

The ongoing crisis surrounding debt-ridden Chinese developer Evergrande has captured global investor attention for much of this week.

China's pledge to end building coal plants abroad improves Belt and Road's reputation, development bank says

Chinese President Xi Jinping said at the United Nations General Assembly that China would not build new coal-fired power projects overseas.

China and the U.S. are challenging Europe?s role as top tech regulator

China and the U.S. are taking more aggressive steps in regulating Big Tech, challenging the European Union's dominance in the space.

Impossible Foods to launch meatless pork in U.S., Hong Kong and Singapore

The 'Southbound Connect' just made it easier for Chinese investors to buy overseas bonds

A new channel for mainland investors to purchase overseas bonds opened on Friday amid ongoing concerns surrounding developer Evergrande.

New rules for investing in China: Lessons from Beijing?s education crackdown

As investors reel from Beijing's regulatory crackdown, the fallout in areas like tutoring can be a guide to what went wrong, and where future opportunities lie.

'I was expecting something more quiet,? Lagarde admits on her ECB top job

ECB President Christine Lagarde has told CNBC that she thought her tenure at the Frankfurt-based institution would have been a bit "more quiet."

India's Modi meets Kamala Harris ahead of bilateral talks with Biden and Quad summit

Indian Prime Minister Narendra Modi met with U.S. Vice President Kamala Harris on Thursday as part of a three-day official visit stateside.

Afghanistan's health-care system is 'on the brink of collapse,' WHO warns

A lack of funding has left thousands of health facilities struggling to buy medical supplies and pay their staff, said the World Health Organization.

Japan's Nikkei 225 jumps 2% as investors seek clarity on Evergrande situation

The Wall Street Journal reported Thursday that Chinese authorities have told local officials to prepare for a potential demise of developer Evergrande.

Dow closes 500 points higher as major averages reclaim losses from earlier this week

U.S. stocks jumped Thursday as fears around a crisis in China's property market eased and as the Fed kept current monetary stimulus in place for now.

Here's what will happen when the Fed's 'tapering' starts, and why you should care

The Federal Reserve will likely start to tiptoe into the unknown before year-end.


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