Global Business

Brazil’s Carnival products made in China

February 2, 2023

Colombia raises the minimum wage

Colombians saw a significant hike in the monthly minimum wage this year.

February 2, 2023

Are U.S. gun control laws racist?

Are gun control laws in the United States biased against Black Americans?

February 2, 2023

Women driving through barriers

A female bus driver in Colombia is breaking barriers within the industry. Some say she is a welcome-addition to the male-dominated profession in the country.

February 2, 2023

U.S. lawmakers audit COVID-19 relief program spending

Scams amounting to an estimated 60 billion dollars or more, stolen from U.S. COVID-19 relief programs, were laid bare in a congressional inquiry on Wednesday.

February 2, 2023

Samsung unpacked

Samsung has released its latest line of mobile devices.

February 2, 2023

After two months of violent unrest in Peru, protesters take control of the country’s south

After nearly seven weeks of unrest in Peru, shortages of basic products, including increasingly expensive fuel and food, are mounting.

January 24, 2023

Rep. George Santos scandal rocks Congress

One of the newest lawmakers in the U.S. Congress has started another week of fending off more accusations that he’s lied about much of his past. Republican George Santos was elected in November’s midterm elections.

January 24, 2023

U.S./Mexico border sees rise in egg smuggling

U.S. border officials are on the lookout for a new type of contraband at the U.S. southern border: eggs.

January 24, 2023

Tech companies lay-off thousands of workers

Some of the biggest names in tech are cutting tens of thousands of jobs as they pay the price for expansion too fast for revenues to keep up.

January 20, 2023

Celebrating Chinese New Year

CGTN covers all things Chinese New Year, also known as the Spring Festival.

January 16, 2023

IMF report focuses on recession signs in 2023

As the annual World Economic Forum opens this Monday amid warnings of a global recession this year, the International Monetary Fund added another layer of pessimism.

January 16, 2023

Students, educators weigh pros and cons of AI assisted essays

If you are in college, you’ve probably already heard of ChatGPT – the new artificial intelligence-powered chatbot that is generating university-level papers. Some professors say they can’t tell the difference between their students’ work and the bot’s. It’s raising concerns of cheating and plagiarism – […]

January 16, 2023

AI in Focus

2022 saw an increase in artificial intelligence globally. What does that mean for 2023? CGTN explores how AI will impact the future.

January 12, 2023

See how inflation and unemployment are related

The U.S. inflation crisis is easing up, but the U.S. Chamber of Commerce is concerned about the mismatch between low unemployment and record numbers of unfilled vacancies.

January 10, 2023

U.S. cities prepare for tourists after China relaxes COVID travel restrictions

Visitors to China will no longer be required to undergo lengthy quarantines. It comes after China officially downgraded its COVID-19 management policy. And that shift in strategy is expected to have wider business implications around the world. CGTN’s Dan Williams reports.

January 10, 2023

CES 2023 wraps in Las Vegas

The world’s largest personal electronics show, CES, wrapped up this past weekend.

December 26, 2022

Wild weather causes travel chaos for many in U.S. during holidays

The nationwide death toll is rising — with lives lost across at least nine states.

December 26, 2022

Global economy remains rocky in 2022, with spiking inflation and supply chain issues

2022 was the year the world got a rude awakening by something that had largely disappeared from many countries: inflation.

December 26, 2022

Wall Street sees major ups and downs in 2022, while crypto goes more mainstream

Nowhere more so than on Wall Street which has been wrestling with inflation, rising interest rates and the collapse of the latest asset class – cryptocurrency.

December 14, 2022

Fed raises benchmark slightly as inflation eases

Raising that benchmark rate by half a percentage point instead of three quarters, as the Fed has done four times this year may look tiny.

December 3, 2022

U.S. jobs report shows job growth in November

Despite multiple interest rate hikes in the U.S., the job market continues to show signs of strength. Total employment increased by 263,000 in November, and the unemployment rate was unchanged at 3.7%. Find out more.

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 […]

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