Year: 2026
Tariffs and AI’s downside pose top global risks for business, World Economic Forum says
A photograph shows a sign at the Congress Centre on the opening day of the World Economic Forum annual meeting in Davos, Switzerland, Jan. 16, 2023. Fabrice Coffrini | AFP | Getty Images Global power rivalries and strategic standoffs top the list of most severe near-term risks heading into 2026, according to the World Economic […]
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Saks Global, the longtime leader of luxury department stores, files for bankruptcy protection
Shoppers walk outside the Saks Fifth Avenue flagship store in Manhattan in New York City, U.S., Jan. 6, 2026. Angelina Katsanis | Reuters Saks Global, the parent company behind the 159-year-old department store that’s become both a destination and a symbol for luxury fashion, filed for bankruptcy protection after running out of cash and failing […]
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European stocks hit record high as focus shifts to Greenland talks; BP warns of $5 billion impairment charge
The flags of Denmark, left, and Greenland fly side-by-side outside Hotel Soma in Ilulissat, Greenland, on Monday, Jan. 12, 2026. Juliette Pavy | Bloomberg | Getty Images LONDON — European stocks opened in broadly positive territory on Wednesday as investors in the region focus on an upcoming meeting between U.S., Greenlandic and Danish officials to […]
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CNBC Daily Open: Worries over Iran and Fed independence weigh on markets
U.S. President Donald Trump visits a Ford production center in Dearborn, Michigan, U.S., January 13, 2026. Evelyn Hockstein | Reuters U.S. President Donald Trump said in a Truth Social post on Tuesday that he had “cancelled all meetings with Iranian Officials,” and reiterated his support for protestors fueling one of the largest anti-government demonstrations in […]
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What’s at stake as Greenland and Denmark prepare for a White House showdown
U.S. President Donald Trump, Secretary of State Marco Rubio and Vice President JD Vance meet Democratic Republic of the Congo’s Foreign Minister Therese Kayikwamba Wagner (not pictured) and Rwanda’s Foreign Minister Olivier Nduhungirehe (not pictured) in the Oval Office at the White House in Washington D.C., June 27, 2025. Ken Cedeno | Reuters The Trump […]
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At least 2,571 killed in Iran’s protests, U.S.-based rights group HRANA says
Iranians gather while blocking a street during a protest in Tehran, Iran on January 9, 2026. Mahsa | Afp | Getty Images The death toll from protests in Iran has reached 2,571 people, the U.S.-based HRANA rights group said on Wednesday, as the Islamic Republic’s clerical rulers face the biggest wave of dissent in years. U.S. President Donald Trump urged Iranians on Tuesday to keep […]
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Big Tech is poaching energy talent to fuel its AI ambitions
Big Tech has been on an energy hiring spree. Technology companies investing heavily in artificial intelligence are bolstering their workforce with energy experts as they look to overcome the biggest bottleneck in scaling AI: access to power. Energy-related hiring jumped 34% year-on-year in 2024, according to data compiled by Workforce.ai for CNBC. Last year’s hiring […]
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China’s annual trade surplus hits a record $1.2 trillion as December exports sharply beat estimates
QINGDAO, CHINA – JANUARY 13, 2026 – The cargo ship is loading and unloading foreign trade containers at Qingdao Port in Qingdao City, Shandong Province, China on January 13, 2026. Cfoto | Future Publishing | Getty Images China’s exports growth in December sharply beat expectations, catapulting the annual trade surplus to a record high, even […]
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South Korea’s special prosecutor seeks death penalty for ex-president Yoon over martial law bid
Yoon Suk Yeol, South Korea’s president, arrives for a hearing at the Constitutional Court of Korea in Seoul, South Korea, on Tuesday, Jan. 21, 2025. Bloomberg | Bloomberg | Getty Images South Korea’s special prosecutor has requested the death penalty for former president Yoon Suk Yeol over his short–lived martial law declaration in 2024. The […]
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Meta’s VR layoffs, studio closures underscore Zuckerberg’s massive pivot to AI
Meta CEO Mark Zuckerberg demonstrates an Oculus Rift virtual reality (VR) headset and Oculus Touch controllers during the Oculus Connect 3 event in San Jose, California, U.S., on Thursday, Oct. 6, 2016. David Paul Morris | Bloomberg | Getty Images A little over four years after Mark Zuckerberg changed Facebook’s name to Meta, reflecting his […]
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