Economist Larry Summers would place better than 50-50 odds on the world being shaken by another Covid-scale event within the next 15 years. The Harvard professor and former U.S. treasury secretary shared what he believes are the world’s biggest near-term risks during a CNBC-moderated panel on the last day of …

Google said Friday it will lay off 12,000 people from its workforce, adding to the slew of major U.S. tech companies cutting jobs amid fears of an oncoming recession. Sundar Pichai, Google’s CEO, said in an email sent to the company’s staff Friday that the firm will begin making layoffs …

From an iconic WWE run to a thriving acting career and growing beverage empire, Dwayne “The Rock” Johnson has seen no shortage of success.  But when it comes to his daily routine, his biggest success secret is to do less, Johnson said when he joined CNBC’s “Squawk on the Street” …

Philanthropist and entertainer will.i.am spoke of the values he learned from his family and his community as a child, saying there was nothing he would change about his upbringing. “I wouldn’t change my past if you gave me a trillion dollars,” he told CNBC’s Tania Bryer at the World Economic …

A sign is posted in front of a Google office on April 26, 2022 in San Francisco, California. Google parent company Alphabet will report first quarter earnings today after the closing bell. Justin Sullivan | Getty Images News | Getty Images Check out the companies making headlines before the bell: …

Larry Summers at the World Economic Forum in Davos, Switzerland. David A. Grogan | CNBC Central banks not finishing what they have started in bringing inflation back to Earth would be the “greatest tragedy” for the global economy, according to former U.S. Treasury Secretary Larry Summers. Central banks around the …

OpenAI logo seen on screen with ChatGPT website displayed on mobile seen in this illustration in Brussels, Belgium, on December 12, 2022. Jonathan Raa | Nurphoto | Getty Images Attendees of the annual World Economic Forum couldn’t get enough of a new development in the realm of artificial intelligence: generative …

Here are the most important news items that investors need to start their trading day: 1. January rally loses steam Just like many a New Year’s resolution, January’s stock market rally has faded after just a few weeks. All three major indicies are headed for a losing week, while the …

French Minister for the Economy and Finances Bruno Le Maire spoke at a CNBC panel in Davos. Ludovic Marin | Afp | Getty Images DAVOS, Switzerland — The European Union does not see eye-to-eye with the United States when it comes to opposing China, the French finance minister told CNBC …

Bank of Japan Governor Haruhiko Kuroda on Friday defended the central bank’s decision to widen the trading band in its yield curve control program and committed to continuing the BOJ’s “extremely accommodative” expansionary monetary policy. Speaking during a panel session at the World Economic Forum in Davos, Switzerland, Kuroda said …