NEW YORK — “He wants to know if he can shake your hand,” Roman Horodenskyi’s translator said as he stood beside the 20-year-old Ukrainian soldier. “He’s only had his arm for two weeks, so he’s still getting used to operating it,” his translator added during an interview with CNBC in …

Employers and workers around the world are finding that the benefits of a four-day workweek go well beyond reduced burnout. Businesses say they’re seeing improved productivity, morale and team culture, whereas individuals are reaping benefits for their health, finances and relationships. Those are the results from a six-month trial in …

The U.K.’s Finance Minister Jeremy Hunt has said that the U.S. President Joe Biden’s Inflation Reduction Act is a bid to play ‘catch up’ on clean energy investment. Bloomberg | Bloomberg | Getty Images U.K. Finance Minister Jeremy Hunt said Friday that the U.S.’s Inflation Reduction Act was U.S. President …

Valentinrussanov | E+ | Getty Images High inflation is leading to reduced savings and higher credit card debt — and there are some signs households may be reaching a tipping point under increased financial pressures. A new survey from Bankrate finds 39% of individuals surveyed in January said their emergency …

Photographer | Collection | Getty Images Swedish telecom company Ericsson will lay off 8,500 workers as part of its cost-cutting measures, the company confirmed to CNBC on Friday. Reuters earlier reported on the layoffs, which will impact roughly 8% of its staff of 105,529 worldwide. The company employs about 11,994 …

A measure the Federal Reserve watches closely to gauge inflation rose more than expected in January, indicating the central bank has more work to do to bring down prices. The personal consumption expenditures price index excluding food and energy increased 0.6% for the month, and was up 4.7% from a …

Germany’s labor market is under pressure, but the recent influx of Ukrainian refugees is “no silver bullet” for the workforce issues. JOHN MACDOUGALL / Contributor / Getty Images Germany’s labor market is under severe pressure, and the recent influx of Ukrainian refugees is unlikely to solve the country’s workforce issues …

The 16th edition of International Defence Exhibition and Conference and the seventh edition of the Naval Defence and Maritime Security Exhibition in Abu Dhabi, United Arab Emirates, on Feb. 21, 2023. Mohammed Zarandah | Anadolu Agency | Getty Images Few things illustrate the health of the arms industry like a …

China on Friday called for a ceasefire and peace talks between Russia and Ukraine — again. It comes days after the U.S. said it had information that suggests China is considering sending “lethal support” to Russia. Anadolu Agency | Getty Images China has called for a ceasefire and peace talks …

People shop near prices displayed in a supermarket on February 13, 2023 in Los Angeles, California.  Mario Tama | Getty Images News | Getty Images OECD Secretary-General Mathias Cormann said the global economic outlook is “slightly brighter” this year but inflation challenges remain. “The outlook for the world is slightly …