Global Business

IMF raises China’s 2024 growth forecast to 5%

March 10, 2023

Asian-American representation at the Oscars

The U.S. Academy of Motion Picture Arts and Sciences is set to host the Oscar Awards Ceremony in Los Angeles this Sunday.

March 10, 2023

Moderna expected to raise price of vaccine

Millions of Americans have received the COVID-19 vaccine with no out-of-pocket costs, as the U.S. government footed the bill throughout the pandemic. But that’s likely to change when the COVID-19 national and public health emergencies expire in May.

March 10, 2023

Train company CEO testifies in Congress over derailment

Norfolk Southern CEO Alan Shaw testified before a U.S. Senate committee about the train derailment in East Palestine, Ohio that spilled dangerous chemicals into the community.

March 8, 2023

UN warns of increasing digital gender gap

But efforts to bridge the digital gender gap are being made. CGTN’s Jody Jacobs reports.

March 7, 2023

Ford partners with Chinese EV tech company

The move to bring more manufacturing jobs to the U.S. received a boost earlier this year after Ford Motor Company announced that it would be building a new battery plant in the state of Michigan.

March 7, 2023

U.S. Senate hearing examines the economy

The head of the U.S. central bank appeared before lawmakers this Tuesday to try to explain why the economy is so perplexing right now.

March 7, 2023

Gender inequality in Venezuela

In Venezuela, the majority of household expenses are taken care of by women, even though they earn less than men.

March 7, 2023

Lab grown chocolate

For many it’s a food that is simply hard to get enough of — chocolate. But that delicacy is facing multiple threats, by both climate change and human.

February 28, 2023

China’s New Vitality

A Global Business Two Sessions Special.

February 22, 2023

Avian flu fuels high U.S. egg prices

Egg prices were 70 percent higher in January than they were the year before. A big reason, the avian flu which doesn’t seem to be going away.

February 22, 2023

U.S. experiences doctor shortage

The U.S. has a shortage of doctors, and it’s expected to get worse over the next decade.

February 22, 2023

Potential NBA athletes gather in Utah

The world’s top basketball players were in Salt Lake City, Utah, this past weekend for the NBA’s All-Star Game.

February 9, 2023

U.S. Northeast experiencing “snow drought”

The unusual weather is impacting regional business owners and residents alike, with environmental experts warning the lack of snow is a sign of climate change.

February 2, 2023

Brazil’s Carnival products made in China

Brazil’s carnival season is ramping up across the country, with nights of street celebrations planned for many big cities.

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.