World

Christopher Waller testifies before the Senate Banking, Housing and Urban Affairs Committee during a hearing on their nomination to be member-designate on the Federal Reserve Board of Governors on February 13, 2020 in Washington, DC. Sarah Silbiger | Getty Images Federal Reserve Governor Christopher Waller said Wednesday he’s open to …

The CEO of the largest online exchange for trading cryptocurrency, Binance, said he is establishing a recovery fund to help people in the industry, while saying the sector “will be fine.” Ben McShane / Contributor / Getty Images The CEO of the largest online exchange for trading cryptocurrency said Wednesday …

Outspoken economist Nouriel Roubini described crypto and some of its major players as an “ecosystem that is totally corrupt.” On a panel hosted by CNBC’s Dan Murphy at the Abu Dhabi Finance Week on Wednesday, the New York University professor said there were “seven Cs of crypto”: “Concealed, corrupt, crooks, criminals, …

Egg shortages could be on the cards as avian flu sweeps through Europe. Sam Mellish / Contributor / Getty Images LONDON — The classic English fry-up and traditional Christmas turkey dinner could be under threat as Britain deals with the impact of rising cases of avian flu. Fried, poached, scrambled …

Around 35,000 delegates from nearly 200 countries are expected to convene on the southern tip of Egypt’s Sinai Peninsula to discuss collective action on how to tackle the climate emergency. Sean Gallup | Getty Images News | Getty Images SHARM EL-SHEIKH, Egypt — Environmental campaigners see a deep irony in …

Countries should strike up more economic alliances than security and defense ones, as those could make the world “more dangerous,” the president of the Center for China and Globalization said on Tuesday. Doing that would also circumvent a slide toward deglobalization, which could hold back economic development across the world. …

WASHINGTON — Former President Donald Trump announced Tuesday night that he was running for president in 2024. “We are a nation in decline. We are a failing nation for millions of Americans,” Trump said in a speech at his Florida private club, speaking about President Joe Biden’s first two years …

Andy Jassy, chief executive officer of Amazon.Com Inc., speaks during the GeekWire Summit in Seattle, Washington, U.S., on Tuesday, Oct. 5, 2021. David Ryder | Bloomberg | Getty Images Amazon on Tuesday began laying off employees in its corporate and tech workforce as CEO Andy Jassy steps up efforts to …

Samuel Bankman-Fried’s poster in downtown San Francisco. MacKenzie Sigalos | CNBC The Kimchi Swap put Sam Bankman-Fried on the map. The year was 2017, and the ex-Jane Street Capital quant trader noticed something funny when he looked at the page on CoinMarketCap.com listing the price of bitcoin on exchanges around …

Drought conditions are worsening in the U.S., and that is having an outsized impact on the real estate that houses the internet. Data centers generate massive amounts of heat through their servers because of the enormous amount of power they use. Water is the cheapest and most common method used …