Politics
Macron decries ‘bullies’ as he urges Trump to suspend tariffs
France’s President Emmanuel Macron looks on during the World Economic Forum (WEF) annual meeting in Davos on January 20, 2026. The World Economic Forum takes place in Davos from January 19 to January 23, 2026. Fabrice Coffrini | Afp | Getty Images French President Emmanuel Macron has hit out at “bullies” as he called for […]
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AI impacting labor market ‘like a tsunami’ as layoff fears mount
Thana Prasongsin | Moment | Getty Images After a year marked by AI-driven layoffs, influential leaders and top executives are now warning that we can expect to see a huge ramp up in anxiety around the technology in 2026. Kristalina Georgieva, managing director at the International Monetary Fund, said Tuesday that AI is “a major […]
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Bessent says Trump’s pick for the next Fed chair could happen next week
Key Points After months of speculation and political intrigue, President Donald Trump is close to nominating the next chair of the Federal Reserve, Treasury Secretary Scott Bessent told CNBC on Tuesday. “My guess is the president will reach a decision maybe as soon as next week,” he said during the interview at the World Economic […]
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‘Stay calm’ and ‘this is the new normal’: What banking CEOs are saying about the global market sell-off
Bank chiefs called for calm on Tuesday as stocks plummeted after President Donald Trump’s threats of fresh tariffs. The pan-European Stoxx 600 dropped about 1.2% in morning trade Tuesday — with the continent’s major bourses and most sectors heavily selling off — after Trump floated a potential 200% levy on French wine and champagne. In […]
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Tech stocks lead Wall Street sell-off as tensions over Greenland escalate
Trades work at the New York Stock Exchange on Jan. 16, 2026. NYSE Technology shares led the declines in U.S. stocks on Tuesday as investors reacted to escalating tariff rhetoric tied to President Donald Trump’s renewed push around Greenland. The State Street Technology Select Sector SPDR ETF (XLK) fell 2.2%. Nvidia, Meta Platforms and Google-parent […]
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Energy costs will decide which countries win the AI race, Microsoft’s Nadella says
Microsoft CEO Satya Nadella gestures as he speaks during the World Economic Forum (WEF) annual meeting in Davos on January 20, 2026. (Photo by Fabrice COFFRINI / AFP via Getty Images) Fabrice Coffrini | Afp | Getty Images Energy costs will be key to deciding which country wins the AI race, Microsoft CEO Satya Nadella […]
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Trump is showing the world the U.S. is ‘back,’ Scott Bessent tells CNBC as Greenland tensions ratchet up
Scott Bessent, US treasury secretary, during an Economic Club of Minnesota event in Golden Valley, Minnesota, US, on Thursday, Jan. 8, 2026. Ben Brewer | Bloomberg | Getty Images President Donald Trump is showing the world “the U.S. is back,” Treasury Secretary Scott Bessent told CNBC, as tensions rise over the president’s bid to acquire […]
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IMF boss has a blunt message for Europe: ‘Get your act together’
As fresh talk of a U.S.-Europe trade war intensified on Tuesday, IMF Managing Director Kristalina Georgieva issued a stark warning to European leaders: “Get your act together.” U.S. President Donald Trump announced on Saturday that eight European allies would face increasing tariffs, starting at 10% on Feb. 1 and rising to 25% on June 1, if […]
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Greenland’s freshwater reserves seen as ‘frozen capital’ as water becomes a national security issue
Water is a finite resource — and increasingly a national security issue, analysts told CNBC. Water demand is expected to outpace supply by as much as 40% in 2030, according to a 2023 landmark report on the economics of water. At the same time, climate change is affecting weather patterns and once water-abundant areas are […]
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‘Act of great stupidity’: Trump launches another tirade against a NATO ally. This time it’s the UK
U.S. President Donald Trump and British Prime Minister Keir Starmer hold a press conference following their meeting at Chequers, near Aylesbury, Britain, Sept. 18, 2025. Kevin Lamarque | Reuters U.S. President Donald Trump has taken aim at another NATO ally on the eve of his appearance at the World Economic Forum in Davos this week, […]
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