Billionaire investor Paul Tudor Jones said the stock market today is reminiscent of the latter stages of the bull market in 1999 that saw a giant surge that ultimately ended with the popping of the dot-com bubble. Asked if investors should sell now to avoid a blow-up like the one that took place in March of 2000, Jones said, “Not really. The train has got a long, long way to go if you think about it.” The stock market hit a peak in 2000 before the dot-com bubble burst. The tech-heavy Nasdaq Comp

President Donald Trump addresses the World Economic Forum at the congress centre in Davos, on January 21, 2020. Fabrice Coffrini | AFP | Getty ImagesDAVOS, Switzerland — Some attendees at the World Economic Forum (WEF) have described President Donald Trump’s remarks on Tuesday as being a little too optimistic. In what was his second speech as U.S. leader at Davos, Trump outlined how his “America-first” approach had worked and advised other countries to follow suit. During his remarks, Trump ment

Children’s charity Unicef has urged policymakers at the World Economic Forum to address the education spending gap, after it found 30% of the world’s poorest teenage girls have never been to school. It found fewer (20%) of the world’s poorest boys had never attended school. However, it reported that an equal number of boys and girls (14%) had dropped out of education in primary school, the British equivalent of elementary school. The report said children from the world’s poorest households alrea

Work with people you genuinely admire, Oscar-nominated screenwriter Richard Curtis advises3 Hours AgoRichard Curtis, the creative force behind a string of iconic movies including “Love Actually” and “Four Weddings and a Funeral,” speaks to CNBC’s Tania Bryer about his career success.

Making a hit movie isn’t as life changing as people might expect, Oscar-nominated screenwriter and director Richard Curtis told CNBC. Speaking to CNBC’s Tania Bryer at the World Economic Forum in Davos, Switzerland, Curtis — the creative force behind movies including “Love Actually,” “Notting Hill” and “Four Weddings and a Funeral,” said success “doesn’t really change your life as much as you would expect.” Despite all of his success, Curtis told CNBC he struggled with self-discipline in the ear

China leading the way on tech used in everyday life, Naspers CEO saysBob van Dijk, group CEO of Naspers and group CEO of Prosus, discusses the tech sector.

Boeing 737 MAX airplanes, along with one Boeing 787 at top, are parked at Grant County International Airport October 23, 2019 in Moses Lake, Washington. The chairman of major aircraft leasing firm Air Lease, which has 150 of Boeing’s grounded 737 MAX jet on order, on Monday called on the U.S. manufacturer to drop the “damaged” MAX brand to avoid it undermining the plane’s value. “We’ve asked Boeing to get rid of that word MAX,” Udvar-Hazy told the Airline Economics aviation finance conference in

Steven Mnuchin, U.S. Treasury secretary, exits after a House Financial Services Committee hearing in Washington, D.C., Dec. 5, 2019. The phase 2 trade deal with China would not necessarily be a “big bang” that removes all existing tariffs, U.S. Treasury Secretary Steven Mnuchin told The Wall Street Journal in an interview. British Prime Minister Boris Johnson in December had pledged to make major multinational companies pay their fair share of tax, including the implementation of a Digital Servi

Arguments will begin Wednesday at 1 p.m., according to the rules McConnell laid out, setting up several long days for Senate jurors. The four-page organizing resolution, which the Senate is expected to adopt Tuesday, lays out the initial parameters of the trial. Once that concludes, the Senate will consider “the question of whether it shall be in order to consider and debate under the impeachment rules any motion to subpoena witnesses or documents.” Depositions typically occur behind closed door

Steve Schwarzman, billionaire co-founder of private equity powerhouse Blackstone, told CNBC on Tuesday he sees fewer buying opportunities because markets and assets have become so expensive. Schwarzman said the moves were partly justified by expectations for further economic growth as interest rates remain low. General Atlantic CEO Bill Ford, appearing on CNBC shortly after Schwarzman, agreed that valuations are getting lofty. In 2019, General Atlantic invested $4.5 billion in 31 new companies.

Watch CNBC’s full interview at Davos with Blackstone CEO Stephen SchwarzmanStephen Schwarzman, founder, CEO and Chairman of Blackstone Group, joins “Squawk Box” at the World Economic Forum in Davos to discuss sustainable investing, the role of capitalism, the “phase one” China trade deal, the 2020 election and much more.

The U.K. government is set to double the funding for the installation of electric vehicle charge points on residential streets to £10 million ($13.06 million). At the moment, there are over 24,000 publicly available charge points, the government said, with more than 2,400 of these classed as “rapid” charge points. They will examine how real-time information – if charge points are working or in use, for example – could be published. Hybrid electric vehicle registrations increased by 17.1% to 97,8

Doom and gloom over Italy’s banking sector is “exaggerated,” according to Intesa Sanpaolo CEO Carlo Messina. The Italian government is in talks with the European Union over a 900 million euro ($998.4 million) rescue plan for ailing regional cooperative lender Popolare di Bari, its second such bailout plan in a year after the rescue of Genoa-based Carige. Popolare di Bari had accumulated losses due to non-performing loans while struggling to raise capital, a similar situation to Carige, which was

Andrey Kostin, chief executive officer of VTB Bank PJSC,looks on during a panel session at the World Economic Forum (WEF) in Davos, Switzerland, on Thursday, Jan. 19, 2017. Constitutional reforms in Russia were a surprise to everybody and only President Vladimir Putin knows if he will carve out a niche for himself once his presidency ends in 2024, Andrey Kostin, president and chairman of Russia’s VTB Bank, told CNBC Tuesday. Russia saw extreme political upheaval last week with Putin announcing c

“Sustainable business” has become a buzzword in the corporate world, and climate change is a key topic at this year’s gathering of political and business leaders at the World Economic Forum in Davos. The survey by PwC showed that “climate change and environmental damage” were 11th in the rankings that CEOs gave as the biggest threats to their companies’ growth prospects. Bob Moritz, chair of PwC International, told CNBC Monday that chief executives see climate-related issues as an opportunity, r

No company is ahead of Ericsson when it comes to 5G, the Swedish firm’s boss has told CNBC. Refuting claims that China’s Huawei is leading the pack on the fifth generation of mobile internet, Ericsson CEO Borje Ekholm said he sees “no one ahead of us” on the technology. “I find it’s a bit difficult to say that we’re behind when I see no one ahead of us,” Ekholm told CNBC’s “Squawk Box Europe” at the World Economic Forum in Davos, Switzerland. Dexter Thillien, senior industry analyst at Fitch Sol

DAVOS, Switzerland — Swedish climate activist Greta Thunberg told policymakers at the World Economic Forum on Tuesday that time is running out to effectively tackle an intensifying climate crisis. Speaking during a panel session entitled “Forging a Sustainable Path Towards a Common Future,” the 17-year-old cited the International Panel on Climate Change report from 2018 as she delivered remarks to a packed audience. “With today’s emissions levels, the remaining budget is gone in less than eight

Negative interest rates are the key differentiator preventing European banks from presenting any serious challenge to their American counterparts, according to ABN Amro CEO Kees van Dijkhuizen. Negative rates mean that banks incur charges for deposits placed with their respective central bank, and van Dijkhuizen said ABN Amro, like a number of other banks across the continent, had promised to insulate clients depositing less than 100,000 euros ($110,996) from negative rates while passing costs o

Europe has the chance to lead the world in developing capital markets for green finance, according to UBS Chairman Axel Weber. Speaking to CNBC at the World Economic Forum in Davos, Weber said that while Europe will struggle to catch up to the size of U.S. capital markets, one area where U.S. companies and federal policy trails the continent is in sustainability. “If you are asking me, as capital markets for green finance develop, where will the nucleus of those markets be? It will be in Europe,

President Donald Trump on Tuesday spoke glowingly of negative interest rates and took another shot at the Federal Reserve to a global audience. … We’re forced to compete with nations that are getting negative rates, something very new,” Trump said in his address at the World Economic Forum in Davos, Switzerland. Economists are divided over the stimulative effects of negative interest rates. Some fear negative rates can keep an economy in a subdued state, rather than boost it from lackluster grow