Cash, debit or credit: Which should you use for everyday purchases? When to use credit cards But “credit cards aren’t for everyone” When to use debit cards When to use cash If you’re using a credit card for everyday purchases, consider this Bottom line1. When to use credit cardsWith all of their perks and rewards, using credit cards can be a financially sound decision. If you’re using a credit card for everyday purchases, consider thisIf you’re using a credit card to make all of your purchases,

Marcus Morris steadies the boat as his neighbor Chris Sharp readies the trolling motor for another trip through their Pearl River flooded neighborhood in Jackson, Miss., Sunday, Feb. 16, 2020. In one Jackson neighborhood, residents paddled canoes, kayaks and small fishing boats to check on their houses, giving lifts to other neighbors. Tate Reeves said Sunday morning that the Pearl would continue to rise throughout the day, and he warned that the state faces a “precarious situation that can turn

Iran’s Foreign Minister Mohammad Javad Zarif takes part in the panel discussion ‘A conversation with Iran’ during the 56th Munich Security Conference in Munich on February 15, 2020. MUNICH — Iran’s Foreign Minister Mohammad Javad Zarif said that when it comes to the rising tensions in the Gulf, the United States and Saudi Arabia are to blame. “I believe our neighbors, especially Saudi Arabia, do not want to (de-escalate),” Zarif said Saturday when asked about the status of the relationship at th

The new coronavirus outbreak could have a significant impact on the wind energy industry in China, according to research by Wood Mackenzie. In a statement Monday, the research and consultancy firm said the virus — officially known as COVID-19 — had “brought much of China’s wind turbine component production to a standstill in recent weeks.” While Hubei province — where the outbreak is thought to have originated — had “limited production capacity,” Wood Mackenzie noted that both quarantine and tra

ABU DHABI, United Arab Emirates — The independent nuclear regulator for the United Arab Emirates on Monday issued the operating license for Unit 1 of the country’s Barakah Nuclear Power Plant, giving the go-ahead on operations for the first nuclear power plant in the Arab world. “The nuclear energy plan includes the laws and regulations and conforms to standards of the IAEA and international best practices,” said al Kaabi, who also serves as FANR’s deputy chairman. It’s also the first new countr

Banks across the country had been told to withdraw potentially infected cash from circulation and disinfect it using either ultraviolet or heat treatments, the government’s State Council told reporters. Decontaminated cash would then be stored for seven to 14 days before it could be returned to the market. Authorities issued 4 billion yuan in new banknotes to Wuhan, the city at the epicenter of China’s coronavirus epidemic, before the Lunar New Year holiday in late January. However, Muhammad Mun

Noel Celis | AFP | Getty ImagesThe new coronavirus outbreak and subsequent shutdown of huge swathes of China could impact more than 5 million businesses worldwide, according to a new study. A special briefing issued by global business research firm Dun & Bradstreet analyzed the Chinese provinces most impacted by the virus, and found they are intricately linked to the global business network. The impact on businesses in China and around the world is already dragging down economic growth forecasts

The Trump administration is weighing trade restrictions on China that would limit the use of American chip-making equipment, The Wall Street Journal reported Monday. The proposed rule comes as the Trump administration looks to cut off China’s access to the U.S. semiconductors, one of China’s largest imports from America. The proposed changes could also harm U.S. manufacturers of semiconductor equipment, like Applied Materials and Lam Research. The changes have not been reviewed by President Dona

Facebook CEO Mark Zuckerberg is meeting Europe’s competition chief in Brussels Monday, at a time when regulators in the region are preparing new rules that could impact the social network’s business. The European Commission, the EU’s executive arm, is due to unveil new regulations on artificial intelligence (AI) Wednesday. Zuckerberg’s visit also happens at a time when European regulators are assessing whether Facebook’s data practices have disrespected competition law. Margrethe Vestager, the E

In this photo illustration, the Huawei logo and Chinese flag is seen displayed on an Android mobile phone. Remember, Snowden said US spied on Chancellor Merkel’s phone!,” she tweeted. In October 2013, Der Spiegel published a piece in which it claimed that the U.S. tapped Merkel’s phone. At the time, the White House insisted in a statement that it “is not monitoring and will not monitor” Merkel’s phone. The decision over Huawei could spark a row between Germany, China and the U.S.

Fashion designer Victoria Beckham said she always gets nervous in the run up to her fashion shows. If anything, I think it gets, it gets more difficult,” Beckham told CNBC’s Tania Bryer, when she caught up with the designer after her London Fashion Week show on Sunday. “You literally don’t sleep for about five nights in the lead up to the show,” she added. Marrying soccer star David Beckham cemented her place in the public eye but she then went on to develop her status as a fashion icon. Beckham

Tesla plans to build its new European Gigafactory in a huge forest nearby. Tesla has been ordered by a German court to temporarily halt preparations for its new European factory. Environmental activists had raised concerns with the electric carmaker’s plan to chop down trees to clear land for its new plant in the German state of Brandenburg. Tesla and the local government have until midday Tuesday to respond to the court ruling, Brandenburg Economy Minister Joerg Steinbach said on Twitter. Tesla

More than 35,000 runners had registered for the March 1 marathon, which will now be open only to competitive runners. Bandidos, a Mexican eatery, is packing its 25 yuan ($3.58) Margaritas into jars and sending them with a straw to customers. Customers can contact one of the representatives for the bar on messaging app WeChat to order their drinks. The Hong Kong-based airline said Monday that it had slashed overall passenger capacity by 40% in February and March, citing the coronavirus outbreak.

UK equities as cheap as they’ve ever been versus Europe, strategist saysAlan Custis, head of U.K. equities at Lazard Asset Management, discusses the opportunity in British stocks amid the country’s trade negotiations with the EU.

Including women in the global peace process is both the “right thing” to do and the “smart thing” to do, the United Arab Emirates’ ambassador and permanent representative to the United Nations said this week. “Absolutely, it’s a security imperative today,” Lana Nusseibeh told CNBC’s “Capital Connection” on Monday. “It’s clear for us as the UAE … that women form part of the peace and security continuum,” she said at the Global Women’s Forum Dubai. According to U.N. Women, direct female particip

Bars in major Chinese cities are delivering their happy hour drinks deals to customers’ places of residence as a large number of people remain stuck indoors because of the outbreak of the new coronavirus. Happy hour deals, where drinks are discounted, are usually reserved for patrons who are physically present at an establishment. Bandidos, a Mexican eatery, is packing its 25 yuan ($3.58) Margaritas into jars and sending them with a straw to customers. Their happy hour is from Monday to Friday b

Japan’s economy shrank at the fastest pace in almost six years in the December quarter as last year’s sales tax hike hit consumer and business spending, highlighting a fragile outlook made worse by growing coronavirus risks. “There’s a pretty good chance the economy will suffer another contraction in January-March. “If this epidemic is not contained by the time of the Tokyo Olympic Games, the damage to the economy will be huge,” he said. It was the biggest fall since the second quarter of 2014,

Difficult to see how hard Brexit could be anything but bad for sterling, economist saysMoritz Kraemer, chief economic advisor at Acreditus, discusses post-Brexit relations between the U.K. and the EU.

Pedestrians walk past the People’s Bank of China headquarters in Beijing, China, on January 7, 2019. China’s central bank cut the interest rate on its medium term loans on Monday as policymakers try to reduce the economic shock from a coronavirus outbreak that is severely disrupting business activity. The People’s Bank of China (PBOC) said it was lowering the rate on 200 billion yuan ($28.65 billion) worth of one-year medium-term lending facility (MLF) loans to financial institutions by 10 basis

A thermal scanner deployed at the entrance to Singapore’s Chingay Parade amid the coronavirus outbreak. Chingay is an annual street parade that the country holds as part of its Lunar New Year celebrations. With the ongoing coronavirus outbreak threatening to stall economic growth, Singapore’s government could roll out one of its biggest budgets yet to soften the hit to its economy. That’s coming as the country grapples with one of the highest numbers of confirmed coronavirus cases outside China.