U.S. Vice President Mike Pence speaks during a news conference, as U.S. Secretary of State Mike Pompeo looks on, at the U.S. Embassy in Ankara, Turkey, October 17, 2019.Huseyin AldemirVice President Mike Pence said Thursday that the United States and Turkey had agreed on a five-day Turkish cease-fire,...
Tim Cook, chief executive officer of Apple Inc., smiles while speaking about Apple TV+ during an event at the Steve Jobs Theater in Cupertino, California, U.S., on Tuesday, Sept. 10, 2019.David Paul Morris | Bloomberg | Getty ImagesApple's forthcoming streaming service could rack up over 100 million subscribers...
Ray Dalio, Bridgewater Associates Founder, President & CIO.Anjali Sundaram | CNBCHedge fund owner Ray Dalio said the global business cycle is in a "great sag" and the world's economy holds at least two parallels to the 1930s.Speaking a CNBC-moderated panel at the IMF and World Bank annual meetings in Washington,...
The implications of the U.S.-China trade war could wipe out a portion of the global economy the size of Switzerland by next year, International Monetary Fund managing director Kristalina Georgieva warned."By 2020, tariffs already imposed or announced would shrink global GDP by 0.8%. That is equivalent to the...
OECD Secretary-General Angel Gurria told CNBC that Brexit proponents in the United Kingdom were allowed to hijack the narrative ahead of the 2016 referendum, wrongly distributing "fairy tale" ideas of what the country would look like after leaving the EU.Speaking to CNBC's Geoff Cutmore on Thursday at the...
Barbie's Malibu DreamhouseAirbnb is giving Barbie doll fans the chance to stay in a life-size version of her Malibu Dreamhouse for $60 a night.The iconic dollhouse in the heart of Malibu, California, will open its doors for one-time only to four guests from October 27 to October 29,...
The Vatican has launched a $110 "eRosary" in a bid to encourage tech-savvy Catholics to pray.Launched Tuesday, the wearable smart device links to an app designed to teach users how to pray with Rosary beads.The eRosary, available on Amazon as well as the Vatican's own website, can be...
Klaus Regling, managing director of the European Stability Mechanism.Andrew Harrer | Bloomberg | Getty ImagesThe managing director of Europe's bailout fund told CNBC Thursday that the euro zone has worked hard to ensure it's able to deal with future financial shocks, downplaying talk that another recession is just...
The classic car industry is worth more than $20 billion and attracts wealthy enthusiasts around the world. So why are these cars so expensive, and are they good investments? CNBC's Timothyna Duncan reports on what happens inside this exclusive community.
Foreign laborers working on the construction site of the al-Wakrah football stadium, one of the Qatar's 2022 World Cup stadiums, walk back to their accomodation at the Ezdan 40 compound after finishing work on May 4, 2015, in Doha's Al-Wakrah southern suburbs.Marwan Naamani | AFP | Getty ImagesQatar's...