Davos

The World Economic Forum's (WEF) "Global Risks Report" for 2025 paints a sobering picture of the challenges ahead. The survey, released during the WEF’s annual meeting in Davos, Switzerland, highlights the risks of geopolitical tensions, climate change and disinformation. These risks call...

The President of the European Central Bank (ECB) Christine Lagarde has expressed skepticism regarding the idea that two consecutive quarters of negative growth could signify the onset of a recession for the European economy, challenging the conventional economic definition. Addressing questions...

The S&P 500 Index, as tracked by the SPDR S&P 500 ETF Trust (NYSE:SPY), achieved historic all-time highs during the last session of the week, marking a significant milestone following more than two years since its previous peak. Major tech stocks led the broader U.S. stock market's rebound...

Goldman Sachs Group, Inc. (NYSE:GS) CEO David Solomon believes the market is being overly-optimistic about potential rate cuts in 2024. Solomon shared his more conservative Federal Reserve rate outlook Wednesday at the World Economic Forum in Davos, Switzerland.  What Happened: The market is...

Airplane manufacturer The Boeing Company (NYSE:BA) has faced a series of setbacks related to its popular Boeing 737 plane. Compounding the problems, a high-ranking Biden Administration official had to switch planes because of issues with a 737. What Happened: U.S. Secretary of State Antony Blinken...

Bringing together a diverse mix of political figures and tech visionaries, the “Hard Power of AI” panel at the World Economic Forum in Davos delved into the profound influence of AI in our daily lives, emphasizing critical viewpoints on democratization, regulation, defense, and...

A panel at the World Economic Forum (WEF) meeting in Davos, Switzerland titled "Clear-Eyed About Crypto" agreed the cryptocurrency industry needs further regulatory clarity. The panel also struck an optimistic tone but rejected the appeal of meme coins like Dogecoin (CRYPTO: DOGE). When...

The World Economic Forum at Davos has become the latest stage for discussions on artificial intelligence, where the topic has been labeled a key issue in this year's gathering. Sam Altman, the CEO of OpenAI, is become one of the most prominent names in attendance at Davos, along with other high-...

French President Emmanuel Macron has proposed issuing joint European debt to finance critical sectors such as defense and technology. This move aims to ensure Europe’s sovereignty amidst growing competition from the US and China. What Happened: Macron, speaking at the World Economic Forum in...

In a recent discussion, Bill Gates, co-founder of Microsoft Corp (NASDAQ:MSFT) and OpenAI CEO Sam Altman, expressed their concerns about the potential impact of artificial intelligence (AI) on elections in the upcoming year. What Happened: During a panel at the World Economic Forum in Davos,...

Uber Technologies Inc (NYSE:UBER) is working with Tesla Inc (NASDAQ:TSLA) to encourage drivers to switch to electric vehicles. Uber CEO Dara Khosrowshahi believes more and more companies are going to have to work together to achieve electrification. What To Know: Axios on Wednesday...

Editor’s note: the photo on this story was of the incorrect subject and has been replaced.In a bid to draw foreign investors, Chinese Premier Li Qiang interacted with top global business leaders at the World Economic Forum in Davos, Switzerland. What Happened: On Tuesday, Li met with the...

Argentine President Javier Milei delivered a fervent defense of free-market capitalism and issued a stark warning about the perils of socialism at the World Economic Forum Wednesday, invoking the economic principles of Nobel laureate Milton Friedman. “The Western world is in danger”...

At the World Economic Forum 2024 in Davos, U.S. Secretary of State Antony Blinken, in a conversation moderated by New York Times journalist Tom Friedman, outlined America’s strategies for navigating the intricate web of Middle East tensions, the ongoing Ukraine conflict, and the delicate...

In the ongoing conflict between Ukraine and Russia, Poland’s President Andrzej Duda has come out in support of Ukraine’s refusal to engage in peace talks with Russia. This stance was echoed by Latvia’s President Edgars Rinkēvičs. What Happened: In an interview with CNBC at the...