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Fed's Collins says more rate hikes needed to curb 'too high' inflation
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OECD says global economic outlook 'slightly better' for 2023 but inflation risks linger
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OECD Secretary-General Mathias Cormann said the global economic outlook is looking slightly “brighter” for this year but inflation challenges remain.

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China's online shoppers started the year cautiously, Alibaba says
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Online sales remained weak this year through early February, Alibaba CEO Daniel Zhang said during a quarterly earnings call.

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Jamie Dimon says the Federal Reserve has 'lost a little bit of control of inflation'
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The JPMorgan CEO said he’s not currently breaking out the recession playbook because of the strength of the U.S. economy.

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Trump criminal probe: Special counsel asks judge to compel Mike Pence testimony, report says
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Mike Pence said he would fight the subpoena issued by a grand jury investigating efforts by Donald Trump to overturn his election loss to President biden.

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U.S. will create at least two semiconductor manufacturing clusters by 2030, Commerce Secretary Gina Raimondo says
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Commerce Secretary Gina Raimondo said the U.S. will channel CHIPS and Science Act funds into semiconductor manufacturing clusters by 2030.

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UK economy in 'a lot better shape' than bleak figures suggest, fund manager says
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The U.K. has thus far avoided a widely anticipated recession, and the economy may be holding up better than feared, according to veteran fund manager Andy Brough.

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Baidu says its alternative to ChatGPT is coming to the public in March
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Chinese tech giant Baidu said Wednesday its artificial intelligence product Ernie bot is set to open to the public next month.

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Pence says there are 'better choices' than Trump for 2024, calls to put entitlement cuts 'on the table'
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The potential 2024 presidential candidate Pence also took a veiled swipe at Trump over Republicans’ performance in the 2022 midterms.

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Jim Cramer says six things must happen before the market sell-off can end
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“Unfortunately, this Presidents Day sale doesn’t feel like it’s over,” CNBC’s Jim Cramer said.

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Mining giant BHP says China and India growth will buoy demand despite profit drop
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Australian mining giant BHP is optimistic China and India’s growth will boost commodity demand, even as the company reported a steep drop in half-year profits.

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Canada trade minister says trade talks with Taiwan are part of a larger Indo-Pacific strategy
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Canada’s decision to enter formal bilateral trade talks with Taiwan is part of a broader strategy for the Indo-Pacific region, says Canada’s minister of international trade.

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Home Depot says it will spend $1 billion to give hourly workers a raise
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Home Depot is the latest retailer to signal that the labor market is still tight.

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Developing countries' debt troubles in focus at G20 talks, says Germany's Lindner
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United says it will make it easier for families to book seats with their children for free
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United Airlines says it will open up more seats to families seeking to sit together without paying a fee.

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‘Privacy has become a taboo,’ says crypto-anarchist project DarkFi
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The end of easy money is bad news for these stock sectors, says Evercore ISI
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Ukraine can still lose the war — but Russia can’t win, Ian Bremmer says
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“Ukraine can lose this war,” Ian Bremmer told CNBC at the Munich Security Conference Friday, but Russia can’t win at a geopolitical level.

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India hits back after George Soros says Adani troubles will greatly weaken Modi's grip on power
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“Modi and business tycoon Adani are close allies; their fate is intertwined,” said billionaire investor George Soros

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Zambia tests technology for crypto regulation, says minister Mutati
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Arab states need new approach towards Syria, says Saudi foreign minister
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Climate reparations are not going to be helpful, U.S. Sen. Lindsey Graham says
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The world should focus on environmental damage prevention rather than on climate reparations, U.S Senator Lindsey Graham said Friday.

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A recession could be 'deeper than expected' this year, says analyst—here's what it means for your money
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Wall Street is expecting a short and shallow recession, which is why a deeper downturn could throw your portfolio for a loop, some analysts say.

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No businesses are for sale, says Blockchain.com
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