Global Business

U.S. jobs report shows job growth in November

November 29, 2022

Craft brewery makes sustainability production a priority

As new independent breweries enter the market, they’re doing so with sustainability in mind.

November 29, 2022

Shoppers look for best deals on Cyber Monday despite inflation

Bargain hunters spent more than $9.1 billion online this year—a new record.

November 21, 2022

U.S. investors’ interest in Chinese companies cools

U.S. investors remain wary of investing in Chinese companies that trade on New York’s stock exchanges.

November 21, 2022

Consumers shop luxury “re-commerce” brands for holidays

The concept of purchasing pre-owned goods has been growing in popularity.

November 6, 2022

Colombian peso hits record low

Colombia’s currency depreciated 1.6% on Tuesday and closed at a record low below 5,000 against the dollar. Over the past month, the peso has lost 8% of its value. Find out what affected the value of peso.

October 18, 2022

Californians worry about spike in inflation

While some state residents are grateful for the one-time payments, others say it won’t be enough.

October 18, 2022

Non-profits try to combat food waste in NYC

Food waste is on the increase and so too is hunger in New York City.

October 18, 2022

Café startup uses robots, AI to make the perfect cup of coffee

If you are a coffee snob, you probably won’t consider trying a cup of coffee made by a robotic arm.

October 11, 2022

IMF warns the “worst is yet to come” in economic outcome

The International Monetary Fund is warning that the “worst is yet to come” for global economies and the financial impact on people. The IMF has released its latest World Economic Outlook at the IMF-World Bank meetings in Washington. CGTN’s Caroline Malone reports.

October 11, 2022

Mexican solar panel manufacturer joins electric vehicle market

Sales of electric vehicles doubled in 2021 to a record 66 million.

September 29, 2022

Solar energy industry worried about future disruptions to its market

Nearly a quarter of all the electricity generated in the U.S. for the first half of this year came from hydropower, solar and wind.

September 29, 2022

U.S. economy sends mixed signals

New figures out this Thursday added more fuel to a divisive question: is the U.S. in a recession?

September 29, 2022

Intel shows off new computer process at Innovation showcase

One of the world’s largest chipmakers has released a new desktop computer processor at the Intel Innovation conference.

September 21, 2022

U.S. Federal Reserve raises interest rates for third time

A third consecutive three-quarter point hike means another jump in the cost of most types of credit.

September 6, 2022

Cuba looks to boost tourism with Chinese visitors

This year, Cuba and China signed an agreement to boost tourism between the two countries.

September 3, 2022

U.S. job market cools off in August

Total U.S. employment increased by 315,000 in August, and the unemployment rate rose to 3.7 percent. The figures signal that the U.S. central bank’s plan to solve the inflation crisis could be paying off.

September 3, 2022

Farmers see the future of sustainability with emerging tech

See how new technologies are changing farming at the Farm Progress Show.

August 31, 2022

Urgent need for more EV charging stations in the U.S.

Trying to increase renewable energy, large investments are being made in the electric vehicle industry in the U.S. There are more than 45,000 charging stations across the country. But data from consumer research firm J.D. Power shows that’s not nearly enough.

August 26, 2022

Federal Reserve gathers in Wyoming to discuss rising inflation

Each August, the world’s central bankers, including members of the U.S. Federal Reserve, gather in the state of Wyoming for an economic symposium. How to curb inflation is the main topic of discussion this year.

August 23, 2022

California faces extreme heat

The heat waves have put plenty of stress on power grids in California. As CGTN’s Mark Niu reports, the Silicon Valley community has temporarily lost power at least five times in the past two months.

August 3, 2022

Healthcare costs keep rising in the U.S.

Healthcare costs are one of the most hotly contested issues in the U.S. But despite the pandemic, they’ve been somewhat sidelined by the immediacy of the inflation crisis and its impact on rocketing fuel and food prices. As CGTN’s Owen Fairclough reports, they’re all contributing […]

August 2, 2022

Competition for electric vehicle market grows

Tesla has been the dominant player in the U.S. electric vehicle market, but some analysts speculate that this could change in the coming years.

August 2, 2022

Mexico City looks to transition to sustainable energy with solar power

Mexico City has a metro area population of more than 22 million people. It’s a place where demand for electric energy rises dramatically each year. It’s also a place where most days of the year are sunny.

July 28, 2022

U.S. GDP slips for another quarter

Back-to-back quarterly contractions are the typical definition of a recession.

July 27, 2022

Federal Reserve hikes rate by 75 basis points

The U.S. central bank has raised benchmark interest rates by 75 basis points again, to try and tame soaring inflation. The Federal Reserve’s hike is designed to make credit more expensive, and so cool economic activity.

July 26, 2022

Rising NYC rents

The average cost of rent in parts of New York has hit record highs as demand continues to outweigh supply. The Covid-19 pandemic sparked an exodus from the city and slowed residential construction but people are flocking back to the city once again. And […]

July 26, 2022

‘Gloomy and more uncertain’ GDP forecast

The global economic climate became even bleaker this Tuesday after another dramatic revision in growth forecasts. The International Monetary Fund released another set of further downgraded predictions just months after a similar pessimistic assessment. And the numbers were released during a critical week for […]

July 25, 2022

Fans gather in San Diego for return of Comic-Con after two years

This year, the multi-billion-dollar Comic-Con industry went all out to keep fans wanting more after a two-year hiatus.

July 21, 2022

Leaders from Latin America meet for Mercosur Summit

Mercosur, an economic and political bloc that includes Argentina, Brazil, Paraguay, and Uruguay and a population of around 300 million, announced a new trade deal with Singapore, but it was the recent news from Montevideo that dominated this meeting.

July 21, 2022

Renters in Miami struggle with surging housing prices

Americans continue to be on edge about inflation. They are paying more for gas, goods, utilities, and housing.

July 19, 2022

California passes strict laws to reduce plastic waste

California recently passed the most stringent requirements for plastic packaging in the nation.

July 16, 2022

Elon Musk’s lawyers try to slow down Twitter lawsuit

How will the war between Elon Musk and Twitter end? Find out more.

July 14, 2022

June inflation data shows a new surge in prices

U.S. President Joe Biden insists the June inflation data showing another surge in prices over the past month doesn’t reflect declining gasoline prices. Inflation is at a 40-year high and heading towards double digits. Owen Fairclough reports on price rises hitting just about every aspect […]

July 13, 2022

Bolivia Electric Vehicles to tackle air pollution

By any standard, Bolivia’s city of Cochabamba is polluted. It has the dirtiest air in the country – and ranks among the most polluted cities in all of Latin America. So a transition away from fossil fuels there cannot come too soon. CGTN’s Monica Machicao […]

July 13, 2022

The science behind cell-based meat gene editing

With brands like Impossible Foods and Beyond Burger, the global plant-based food market is forecast to be worth 79 billion dollars by 2028, but there’s another type of unconventional meat that could factor into the equation. It’s called cultivated meat. Mark Niu takes us to […]

July 12, 2022

Amazon expects major sales during Prime Day events

Amazon is expected to increase sales from its annual Prime Day discounts over the next couple of days after suffering a net loss earlier this year.

July 1, 2022

CGCC: Chinese businesses in U.S. feel strain

The China General Chamber of Commerce – USA (CGCC) released an annual survey report on Chinese enterprises in the U.S. on Thursday. Find out more.

June 29, 2022

Recession worries grow as U.S. first quarter GDP falls short

Amid rising inflation and growth forecasts already dramatically scaled back, there’s growing concern that the economy is headed for trouble next month.

June 29, 2022

Region blighted by drought, water contamination now being used for lithium source

The Salton Sea in the U.S. state of California was once the center of a resort town, before grappling with decades of water contamination and drought.

June 22, 2022

Fed chairman remains committed to getting inflation down

U.S. central bank chairman Jerome Powell was under fire from federal lawmakers on Wednesday over soaring prices of all goods and services. Powell suggested more inflationary surprises could be on the horizon.

June 21, 2022

El Salvador continues to buy Bitcoin as prices crash

See what Bitcoin’s crash means for El Salvador, the first country in the world to adopt Bitcoin as legal tender.

June 20, 2022

Argentinian beef producer invest in education for local workers

A beef production company in Argentina has created a program to bring many of its workers the secondary education that many lacked. Take a look at how the program works and what CGTN’s Joel Richards discovered when he spoke with staff and managers.

June 20, 2022

Major corporations face backlash for attempting to co-opt Juneteenth

People across the U.S. and beyond are this Monday marked the second official Juneteenth federal holiday.

June 20, 2022

Possible strike for West Coast port workers could worsen supply chain crisis

Port and dock workers on the U.S. West Coast are promising not to go on strike amid negotiation difficulties. But, if a strike were to happen, the situation would exacerbate the already tricky supply chain crunch and could have an impact on the U.S. economy. Here’s what could happen.

June 18, 2022

Fed rate hike could price millions out of housing market

See what Fed rate hike means for home buyers in the U.S.

June 14, 2022

U.S. officials look to rein in rampant inflation

The U.S. Federal Reserve is expected to increase interest rates by at least half a percentage point on Wednesday.

June 6, 2022

New developers look for opportunities in the Metaverse

Since the pandemic began, work for millions of people around the world has been transformed by video applications like Zoom. But for the pioneers of the metaverse, this is just the start of a revolution.

June 3, 2022

U.S. economy added nearly 400,000 jobs in May

The inflation crisis is making life more expensive for everyone,but U.S. employers seem undeterred and helped the economy add 390,000 jobs in May.

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