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Finance
‘Unprovoked violation’: Iran strikes Syria, Iraq and Pakistan as Middle East tensions spike
DUBAI, United Arab Emirates — Within 24 hours, Iran launched missile and drone strikes on targets in three countries — Iraq, Syria and Pakistan — and took the extraordinary step of…
Mortgage demand surges more than 10% as lower interest rates lure homebuyers
Prospective home buyers visit a home for sale during an Open House in a neighborhood in Clarksburg, Maryland on September 3, 2023. Homeownership feels increasingly out of reach for…
Tesla slashes car prices across Europe after similar cuts in China
Tesla Model Y, equipped with FSD system. Three front facing cameras under windshield near rear view mirror. Mark Leong | The Washington Post | Getty ImagesTesla on late Tuesday…
UBS CEO says Swiss public ‘indoctrinated’ to worry about bank’s balance sheet
Sergio Ermotti, chief executive officer of UBS GroupStefan Wermuth | Bloomberg | Getty ImagesUBS CEO Sergio Ermotti on Wednesday said people with concerns about the size of the…
Amazon, Microsoft, Meta and others accused by rivals of not respecting new EU competition rules
The logos of Google, Apple, Facebook, Amazon and Microsoft displayed on a mobile phone with an EU flag shown in the background.Justin Tallis | AFP via Getty ImagesA raft of major…
Markets getting ahead of themselves on rate cuts and risk being ‘self-defeating,’ ECB member says
Markets are "getting ahead of themselves" with rate cut expectations, the president of the Dutch central bank, Klaas Knot, told CNBC Wednesday."The problem for us is that in the…
UK inflation rate surprises with rise to 4%, led by alcohol and tobacco
Andresr | E+ | Getty ImagesLONDON — U.K. inflation unexpectedly nudged upwards to 4% year-on-year in December, fueled by a rise in alcohol and tobacco prices.This was the first…
OpenAI CEO Sam Altman opens up about being fired by the board: ‘Super caught off guard’
Sam Altman, CEO of OpenAI, during an interview at Bloomberg House on the opening day of the World Economic Forum in Davos, Switzerland, on Jan. 16, 2024.Chris Ratliffe | Bloomberg…
Iran warns the U.S. not to ‘tie their destiny’ to the fate of Israel’s Netanyahu
Iran's Foreign Minister Hossein Amir-Abdollahian speaks during a joint press conference with his Turkish counterpart in Tehran on September 3, 2023.Atta Kenare | AFP | Getty…
Nikki Haley under pressure from donors to defeat Donald Trump in New Hampshire after Iowa caucus loss
Former United Nations ambassador Nikki Haley is facing pressure from some of her top fundraisers to either seriously compete with, or outright defeat, Donald Trump in next week's…