Economy

Alibaba-backed PixVerse launches real-time AI video tool, top executive tells CNBC

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Alibaba-backed PixVerse launches real-time AI video tool, top executive tells CNBC

Co-founder Jaden Xie told CNBC that the company is about to close another financing round, after raising $100 million in the last 6 months.

8 months ago

Prices rose 2.7% in 2025 as inflation stalked the economy

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Prices rose 2.7% in 2025 as inflation stalked the economy

Inflation rose 2.7% the year ending in December, the Bureau of Labor Statistics reported Tuesday in an update to the consumer price index.

8 months ago

Delta CEO sees record earnings in reach again thanks to high-end travel demand

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Delta CEO sees record earnings in reach again thanks to high-end travel demand

The airline said bookings are strong from both leisure customers and corporate travelers in the first few days of the year.

8 months ago

Workers at Chinese factory that produces Labubu toys are being exploited, says NGO

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Workers at Chinese factory that produces Labubu toys are being exploited, says NGO

Exclusive: China Labor Watch says people aged 16-18 employed without required special protections

8 months ago

European shares finish mixed as geopolitics remains in focus

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European shares finish mixed as geopolitics remains in focus

European stocks finished mixed on Tuesday, with investors keeping an eye on geopolitical developments and data.

8 months ago

Europe’s new war economy: Greenland, Venezuela fears fuel defense ‘mega-trend’

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Europe’s new war economy: Greenland, Venezuela fears fuel defense ‘mega-trend’

Investors are betting on a European defense mega-trend as jitters grow over Trump, Russia, Venezuela and Greenland.

8 months ago

JPMorgan Chase tops estimates as trading revenue exceeds expectations

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JPMorgan Chase tops estimates as trading revenue exceeds expectations

JPMorgan will give investors a view into how consumers and corporations fared toward the end of last year and issue guidance on how 2026 may develop.

8 months ago

Scott Bessent hosts Australia, India, and G7 to talk critical minerals

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Scott Bessent hosts Australia, India, and G7 to talk critical minerals

The United States brought together the Group of Seven countries, as well as Australia and India, in Washington, D.C., to discuss critical minerals Monday amid China’s continued chokehold on the sector.

8 months ago

Coal power generation falls in China and India for first time since 1970s

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Coal power generation falls in China and India for first time since 1970s

‘Historic’ moment in biggest coal-consuming countries could bring decline in global emissions, analysis says

8 months ago

Flair trade: meet the brilliant small businesses experiencing the Mary Portas effect

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Flair trade: meet the brilliant small businesses experiencing the Mary Portas effect

The queen of shops has handpicked 30 retailers – including a sustainable-umbrella maker and a specs designer – to showcase their genius at pop-up markets in Manchester and London this month

8 months ago

Trump targets credit card rates. What’s at stake for Capital One and other banks

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Trump targets credit card rates. What’s at stake for Capital One and other banks

Capital One shares sank Monday after Trump called for a 10% cap on credit card rates, a major profit driver for the company.

8 months ago

Why this health-care stock isn't bouncing after preannouncing an earnings beat

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Why this health-care stock isn't bouncing after preannouncing an earnings beat

Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.

8 months ago