Larry Summers says he’s ‘still cautious’ but has a ‘little bit more hope’ about economy
Former Treasury Secretary Larry Summers said in a Bloomberg interview posted Wednesday that the "situation does look a bit better" for the U.S. economy.
Elon Musk hasn't been invited to World Economic Forum in years, organizers claim
Organizers of the World Economic Forum say billionaire Elon Musk has not been invited to the elite gathering in Davos for years, claiming the Tesla CEO has been snubbed since 2015.
Global economy heading into 'eye of Category 5 hurricane,’ UN secretary-general warns
United Nations Secretary-General Antonio Guterres unpacks numerous factors setting the global economy on track for a slowdown or potential recession at Davos 2023.
A 'somber mood' in Davos over recession fears: R 'Ray' Wang
F/m Investments Chief Investment Officer Alex Morris and Constellation Research CEO R 'Ray' Wang discuss concerns about a global recession, a jump in consumer sentiment in January, and preview the financial markets ahead of earnings.
Global economy ‘plagued by a perfect storm’: Antonio Guterres
United Nations Secretary General Antonio Guterres outlines the “perfect storm” plaguing the global economy and shares what the U.N. is doing to help at Davos 2023.
Sen. Joe Manchin apologizes after trashing 'open press system' on Davos panel
Sen. Joe Manchin clarifies that the open press is "the bedrock for democracy," but extremist "bad behavior" should not be rewarded on social media platforms.
China says economy to return to faster growth as Covid isolation ends
Chinese Vice Premier Liu's speech at the World Economic Forum in Davos was filled with optimism about a return to economic growth, but many remain skeptical.
Illinois governor to World Economic Forum: U.S. inflation won't hit target 'for a very long time'
Illinois Gov. J.B. Pritzker told the World Economic Forum Tuesday he expects it will be "a very long time" before inflation in the U.S. returns to the 2% target rate.
Democrat admits 'we have to investigate' China competition: Rep. Jared Moskowitz
Rep. Jared Moskowitz, D-Fla., says he's supporting the House's special committee on China because the adversary prevents national security concerns.
Gecko Robotics CEO Jake Loosararian on the danger of energy 'echo chambers'
Gecko Robotics co-founder and CEO Jake Loosararian details the tech company's latest $1.5 million deal with the U.S. Air Force.
US hit 'turning point' with China: Intel CEO
Intel CEO Pat Gelsinger praises the CHIPS and Science Act for advancing the U.S. semiconductor industry to compete with China while at the World Economic Forum.
Semiconductors, technology will ‘define’ future global economy: Pat Gelsinger
Intel CEO Pat Gelsinger unpacks the ‘criticality’ of semiconductors ahead of his talk at the World Economic Forum in Davos.
Tyson Foods has 'not gone unscathed' in bird flu, inflation challenges: CEO Donnie King
Tyson Foods CEO Donnie King discusses the company's latest investments and high food prices impacting the consumer.
Chevron CEO Mike Wirth: 'Quite likely' we see a recession this year
Chevron CEO and Chairman Mike Wirth discusses the company's strategy to finding cleaner energy, policy changes, U.S. energy independence, a new gas discovery in Egyptian offshore field and global recession fears.
2023 will be a pivotal point for the world: Andrew Forrest
Australian billionaire and Fortescue Metals Group founder Andrew Forrest discusses a potential global recession, China's reopening, the Russia-Ukraine war and the green energy push.
Data is the 'foundation' of technology, metaverse innovation: Peter Herweck
AVEVA CEO Peter Herweck discusses creating sustainability for clients and the company's acquisition by Schneider Electric.
Global recession likely, say 63% of chief economists in WEF survey
Many chief economists had somber predictions about whether the global economy would fall into a recession in 2023, according to a World Economic Forum survey.
Davos 2023: Economic woes, war, climate change on tap
The World Economic Forum, known as Davos for the Swiss town that hosts it, will focus this year on climate change, global stability and economic headwinds.
Markets could plunge another 10-15% in 2023: Octavio Marenzi
Opimas, LLC founder and CEO Octavio Marenzi reacts to the Biden administration downplaying the risk of a U.S. recession on 'Varney & Co.'
Davos 2023: Climate activists protest the presence of oil giants at World Economic Forum
Climate activists are staging protests in Davos, Switzerland, on the sidelines of this week's World Economic Forum to oppose the presence of oil and gas firms.