World

A Now Hiring sign is seen inside a WholeFoods store in New York City. Adam Jeffery | CNBC The global economy will likely avoid a recession and central banks will need to “change the goalposts” on inflation, according to veteran strategist David Roche. With high inflation proving sticky across many …

China artificial intelligence Ying Tang | Nurphoto | Getty Images Chinese regulators on Thursday finalized first-of-its-kind rules governing generative artificial intelligence as the country looks to ramp up oversight of the rapidly growing technology. The powerful Cyberspace Administration of China (CAC) said it worked with several other regulators to come …

The U.S. no longer has an inflation problem, according to veteran economist Steve Hanke. “I think the inflation story is history. One reason for that is that money supply has been contracting on a year-over-year basis by minus 4% in the United States,” Hanke, a professor of applied economics at …

As a psychologist with more than 15 years of experience, I’ve seen how “hustle culture” can have a toxic effect on people. But a 2,000-year-old Chinese concept called “wu wei” (pronounced “ooo-way”), which translates to “non-action” or “effortless action,” can help us lead more balanced, fulfilling and successful lives. Wu …

Jakarta governor-elect Anis Baswedan (R) and his deputy governor-elect Sandiaga Uno (L) hold hands during a press conference in Jakarta on April 19, 2017. Adek Berry | AFP | Getty Images When Sandiaga Uno was appointed Indonesia’s minister of tourism and creative economy, it could not have come at a …

Satya Nadella, CEO, Microsoft, at the Allen & Company Sun Valley Conference on July 11, 2023 in Sun Valley, Idaho. David A. Grogan | CNBC The Federal Trade Commission on Wednesday filed to appeal a federal judge’s decision to deny a request for a preliminary injunction that would have prevented …

U.S. President Joe Biden delivers a speech on NATO at the Vilnius University in Vilnius, Lithuania, after the end of the NATO Summit, July 12, 2023. Andrew Caballero-Reynolds | AFP | Getty Images WASHINGTON — President Joe Biden galvanized NATO allies and reaffirmed U.S. commitment to Ukraine Wednesday as Russia’s devastating war …

Tag Heuer is riding a wave of marketing successes and new launches to grow its market share in the luxury watch world, according to its CEO. The company, which is owned by LVMH, opened a flagship boutique on Manhattan’s Fifth Avenue on Wednesday as part of a rapid expansion in …

Shipping containers are loaded onto rail cars at the Global Container Terminals Vanterm container terminal on Vancouver Harbour in Vancouver, British Columbia, Canada. Bloomberg | Bloomberg | Getty Images Weekly rail trade data from the Association of American Railroads shows the devastating impact that Canadian West Coast ports strike is …

Inflation fell to its lowest annual rate in more than two years during June, the product both of some deceleration in costs and easy comparisons against a time when price increases were running at a more than 40-year high. The consumer price index, which measures inflation, increased 3% from a …