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Finance

‘Incredible alpha opportunities’ in the year ahead despite headwinds, says Carlyle Group CEO Harvey Schwartz

Several of Wall Street’s biggest names convened in Riyadh, Saudi Arabia, for the kingdom’s annual Future Investment Initiative, during which…
Finance

As U.S.-China tensions rumble on, fintech unicorn Airwallex pushes into Latin America with Mexico deal

Global fintech giant Airwallex on Thursday said it has agreed to acquire MexPago, a rival payments company based out of…
Economy

Remittances to Mexico near a record but ‘super peso’ crimps spending power

People sending money back to Mexico this year have faced a new challenge: the “super peso.” The Mexican currency reached…
Finance

African ambassador criticizes IMF, World Bank for not giving enough loans

BEIJING — An ambassador of an African country to China has criticized the International Monetary Fund and the World Bank…
Finance

Watch: IMF’s Georgieva and other leaders discuss debt relief and reforms on CNBC panel

[The stream is slated to start at 10:45 a.m. ET. Please refresh the page if you do not see a…
Economy

IMF hikes U.S. growth forecast for 2023, leaves global outlook unchanged

The International Monetary Fund on Tuesday released its latest World Economic Outlook, which revised its forecast for U.S. growth higher…
Politics

U.S. leans on China to use influence with Iran to cool Middle East tensions

BEIJING — U.S. Senate Majority Leader Chuck Schumer said Monday the congressional delegation to China asked Beijing to use its…
Finance

U.S. falls in new ‘financial inclusion’ ranking, a global measure of access to financial services, researchers say

“Financial inclusion,” defined as individuals and businesses having access to useful and affordable financial products, has declined in the U.S.,…
Economy

U.S. Latino economic output grows to $3.2 trillion, according to new study

The U.S. Latino economy continues to grow, reaching $3.2 trillion in 2021, up from $2.8 trillion the year prior, according…
Economy

China-EU relationship is at a crossroads, top official says in Beijing

It is a make-or-break moment for China’s relationship with the European Union, as the bloc’s trade chief asks for more…