Indonesia is taking steps to make its economy more resilient so it can withstand global shocks like inflation, especially from the United States, said Finance Minister Sri Mulyani Indrawati. As the world’s largest economy, what the U.S. does has strong implications worldwide, including Indonesia, said the minister. To fight inflation, …

Qantas CEO Alan Joyce says he expects the airline to see a full return to pre-Covid capacity in 2024. “We’re confident that we’ll get back … 100% of our pre-Covid international capacity, and well over 100% for our domestic capacity,” Joyce projected for financial year 2024. ″[There is] really strong …

People walk outside the Bank of England in the City of London financial district, in London, Britain, January 26, 2023. Henry Nicholls | Reuters LONDON — The U.K. has thus far avoided a widely anticipated recession, and the signs from the business world are that the economy may be holding …

Baidu’s co-founder and CEO Robin Li delivers a keynote speech at the opening session of Baidu’s annual AI developers conference Baidu Create 2019 in Beijing, China, July 3, 2019. Sun Yilei | Reuters BEIJING — Chinese tech giant Baidu said Wednesday its artificial intelligence product Ernie bot is set to …

The Orsted Block Island Wind Farm in this aerial photograph taken above the water off Block Island, Rhode Island. Eric Thayer | Bloomberg | Getty Images The Biden administration on Wednesday proposed the first-ever offshore wind lease sale in the Gulf of Mexico as part of a larger plan to …

Traditional savings accounts are going up against stocks. And, the winner may be your neighborhood bank for the first time in years, according to Wall Street forecaster Jim Bianco. He contends rising interest rates are giving investors safer ways to generate income. “Cash is no longer trash. That was a …

CNBC’s Jim Cramer on Wednesday explained why inflation has been so persistent for food, housing and wages, but said there are signs of progress. Food High food prices reflect the supply squeeze driven by cutting off Russia after it invaded Ukraine, along with obstacles like tough weather and bad harvests. …

A display at the World Artificial Intelligence Conference (WAIC) in Shanghai, China, on Friday, Sept. 2, 2022. Bloomberg | Bloomberg | Getty Images BEIJING — The business story of ChatGPT right now is more about what isn’t known. Big tech companies in the U.S. and China rushed this month to …

Now that ChatGPT has passed exams from law and business schools, coded well enough to be hired at Google and even penned a story for CNBC Make It, you may be convinced that it’s only a matter of time before artificial intelligence takes over the world. While that thought may …

I spent five years studying and interviewing 233 millionaires to learn about their habits and the way they think. Work was a big topic: 51% were entrepreneurs, 28% had traditional 9-to-5 jobs, and 18% were senior-level executives at large companies. But they all had one thing in common: They quit their …