Global shipping rates set to surge as carriers avoid Red Sea

Global shipping rates set to surge as carriers avoid Red Sea

The global supply chain is feeling the fallout from Iran-backed Houthi rebels attacking vessels in the Red Sea. Freight prices are set to jump Monday, while longer transit times around Africa are disrupting and delaying deliveries of products. Vessels aren’t able to come back to Asia in time, and ocean carriers are canceling sailings on … Read more

AI election disruption poses the biggest global risk in 2024

AI election disruption poses the biggest global risk in 2024

Alfieri | Digitalvision Vectors | Getty Images As around half of the world’s adult population heads to the polls in a bumper year of elections, concern over the role of artificial intelligence in disrupting outcomes has topped the list of the biggest risks for 2024, according to a new report. The World Economic Forum’s “Global … Read more

An unpleasant surprise for crypto bros

An unpleasant surprise for crypto bros

Omar Marques | Lightrocket | Getty Images This report is from today’s CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe here. What you need to know today Bitcoin slides after … Read more

China and cybercriminals are targeting American AI companies

China and cybercriminals are targeting American AI companies

American companies like Google, Microsoft, and OpenAI are currently driving the cutting edge of generative artificial intelligence development across the globe. However two of U.S.’s top national security leaders said that AI lead is under attack from foreign cybercriminals and nation-states like China. “Eighteen of the 20 most successful AI companies in the world are … Read more

Houthi militias launch biggest attack to date on merchant vessels in Red Sea

Houthi militias launch biggest attack to date on merchant vessels in Red Sea

A cargo ship boat model is seen in front of “Red Sea” and “Houthi attacks” words in this illustration taken January 9, 2024.  Dado Ruvic | Reuters U.S. and coalition forces under Operation Prosperity Guardian responded Tuesday in the Red Sea to what American officials said was the largest attack to date on merchant vessels … Read more

A crypto bro’s false dream

A crypto bro’s false dream

A neon sign indicates that Bitcoin is accepted inside the venue of the Paralelni Polis project, an organization combining art, social sciences and modern technology, in Prague, Czech Republic, on Friday, Jan. 5, 2024. Milan Jaros | Bloomberg | Getty Images This report is from today’s CNBC Daily Open, our new, international markets newsletter. CNBC … Read more

Thunderstorms and earthquakes cost $250 billion in damages in 2023

Thunderstorms and earthquakes cost 0 billion in damages in 2023

Cars stranded in a flash flood caused by a monsoonal thunderstorm on Sept. 1, 2023, in Thermal, California. David Mcnew | Getty Images News | Getty Images Destructive thunderstorms in North America and Europe and a series of devastating earthquakes last year cost the world around $250 billion in damages, according to a new report … Read more

Boeing tumbles on Max crisis

Boeing tumbles on Max crisis

Boeing 737 MAX airplanes, including the 737 MAX 9 test plane (L), are seen at Renton Municipal Airport, on March 14, 2019 in Renton, Washington.  Stephen Brashear | Getty Images This report is from today’s CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need … Read more

CNBC Daily Open: Turbulent times for Boeing

Boeing tumbles on Max crisis

Boeing 737 MAX airplanes, including the 737 MAX 9 test plane (L), are seen at Renton Municipal Airport, on March 14, 2019 in Renton, Washington.  Stephen Brashear | Getty Images This report is from today’s CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need … Read more

Companies not in hurry disclose beneficial ownership new Treasury rule

Companies not in hurry disclose beneficial ownership new Treasury rule

U.S. Treasury Secretary Janet Yellen gives a statement to the press during her visit in Mexico City, Mexico December 6, 2023. Daniel Becerril | Reuters WASHINGTON — Treasury Secretary Janet Yellen on Monday announced that just one week after a major new reporting requirement went into effect, over 100,000 small businesses have already registered with … Read more