World

Mark Zuckerberg, chief executive officer of Meta Platforms Inc., demonstrates the Meta Quest Pro during the virtual Meta Connect event in New York, US, on Tuesday, Oct. 11, 2022. Michael Nagle | Bloomberg | Getty Images Meta CEO Mark Zuckerberg reiterated his commitment to spending billions of dollars developing the …

Brad Smith, president of Microsoft Corp., speaks during a climate initiative event at the Microsoft Corp. campus in Redmond, Washington, U.S., on Thursday, Jan. 16, 2020. Bloomberg | Bloomberg | Getty Images SEATTLE — Companies are on the hot seat to respond to climate change like never before, but most …

Jerome Powell, chairman of the US Federal Reserve, speaks during a Fed Listens event in Washington, D.C., US, on Friday, Sept. 23, 2022. Al Drago | Bloomberg | Getty Images Federal Reserve Chairman Jerome Powell faces more intense political questioning about the central bank’s policy moves, this time from the …

Amnon Shashua, president and chief executive officer of Mobileye Global Inc., and Patrick Gelsinger, chief executive officer of Intel Corp., outside the Nasdaq MarketSite during the company’s IPO in New York, US, on Wednesday, Oct. 26, 2022.  Michael Nagle | Bloomberg | Getty Images Mobileye shares popped more than 30% …

Christine Lagarde, president of the European Central Bank, is expected to announce another 75 basis points hike. Bloomberg | Bloomberg | Getty Images While the European Central Bank is largely expected to announce another rate hike Thursday, market players are seemingly more concentrated on two other policy tools as the …

A dealer reacts in the trading room at foreign exchange brokerage Gaitame.Com Co. in Tokyo on Oct. 21, 2022. The yen’s slump past the symbolic mark of 150 per dollar is keeping traders guessing when Japanese authorities will intervene to halt a further decline. Toru Hanai | Bloomberg | Getty …

Vinod Khosla, co-founder and owner of Khosla Ventures LLC, during an interview on an episode of Bloomberg Wealth with David Rubenstein in Menlo Park, California, US, on Wednesday, May 11, 2022. Khosla, whose investments in US technology made him a billionaire, predicts the country will soon be at a “techno-economic …

Michael M. Santiago | Getty Images A monthly gauge of what could lie ahead for the U.S. economy is flashing a recession warning sign. The Leading Economic Index dipped by 0.4% in September from August and is down 2.8% since March, according to the Conference Board, an independent group that …

Though BA.5 still accounts for most U.S. Covid-19 cases, percentages are rising for the other omicron variants circulating throughout the country, per the CDC. “The ones that are particularly concerning are BQ.1 and another related one called BQ.1.1. Those are two that are expanding fairly rapidly in the United States,” …

Britain’s new Prime Minister Rishi Sunak walks past Larry the cat outside Downing Street, in London, Britain, October 25, 2022.  Kevin Coombs | Reuters LONDON — As Rishi Sunak becomes the U.K.’s third prime minister in as many months, some analysts are re-assessing their outlook for British stocks, but most …