Chinese President Xi Jinping meets with U.S. President Joe Biden via video link, in Beijing, capital of China, Nov. 16, 2021. Huang Jingwen | Xinhua News Agency | Getty Images WASHINGTON – President Joe Biden will discuss a range of geopolitical challenges next week in his first face-to-face meeting with …

Imagine having the light evening hours of summer all year round. This could be our reality if Congress passes the Sunshine Protection Act, making daylight saving time (DST) the new normal for all states — with the exception of Hawaii and certain parts of Arizona, where standard time is always …

FTX’s Sam Bankman-Fried tweeted Thursday morning that he is “sorry,” admitting that he “f—ed up” and “should have done better.” The post comes as the one-time hero of the crypto sector is begging for billions of dollars to stave off bankruptcy. It has been a swift fall from grace for …

Inflation in the euro zone remains well-above the ECB’s target, as energy and food prices soar. Bloomberg | Bloomberg | Getty Images Peak inflation “is almost within reach” in the euro zone, a European Central Bank Governing Council member told CNBC Thursday. The euro zone has been battling against surging …

Inflation went down faster than expected in October, dropping to a year-over-year rate of 7.7%, according to new Labor Bureau data published Thursday morning. Inflation is down from its 9.1% June year-over-year peak, but still nowhere near the Federal Reserve’s benchmark target rate of 2%.  Last month, prices for goods …

The consumer price index rose less than expected in October, an indication that while inflation is still a threat to the U.S. economy, pressures could be starting to cool. The consumer price index, a broad-based measure of goods and services costs, increased 0.4% for the month and 7.7% from a …

Check out the companies making headlines before the bell: Tapestry (TPR) – The company behind the Coach and Kate Spade brands beat top and bottom line estimates for its latest quarter, but cut its full-year forecast for the impact of the strong U.S. dollar and China’s Covid-19 restrictions. Tapestry slid …

The sharp jump in attendees associated with some of the world’s biggest polluting oil and gas giants at COP27 is thought to reflect the rise in the influence of the fossil fuel industry to shape the debate. Ahmad Gharabli | Afp | Getty Images SHARM EL-SHEIKH, Egypt — More than …

U.S. President Joe Biden in a virtual meeting with Chinese President Xi Jinping at the White House in November 2021. Just last month, the U.S. announced export controls restricting China’s access to specific types of advanced semiconductor chips, a move that crimps Chinese companies’ access to key tech. Alex Wong …

Guangzhou city in the southern province of Guangdong is the hardest hit in the latest Covid outbreak. Pictured here are closed stores in part of the city on Oct. 31, 2022. Vcg | Visual China Group | Getty Images BEIJING — Covid infections are surging in the capital of China’s …