Economy

Elon Musk wears a black “Make America Great Again” cap while attending a campaign rally with Republican presidential nominee and former President Donald Trump at the Butler Farm Show fairgrounds in Butler, Pennsylvania, on Oct. 5, 2024. Anna Moneymaker | Getty Images Elon Musk must attend an emergency court hearing in Philadelphia on Thursday morning […]

Microsoft CEO Satya Nadella speaks during an interview in Redmond, Washington, on March 15, 2023. Chona Kasinger | Bloomberg | Getty Images Microsoft reported an earnings and revenue beat for the fiscal first quarter on Wednesday, but the stock slid 4% in extended trading after the company’s forecast called for slower growth than expected. Here’s […]

In a Wednesday interview with CNBC’s Jim Cramer, Shake Shack CEO Rob Lynch discussed plans to expand across the country and internationally, suggesting the burger chain fits into a “fine casual” dining niche not occupied by many in the industry. “We have big aspirations, you know. My goal is to bring Shake Shack to the […]

Starbucks offers oat milk as a dairy-free option. Source: Starbucks Starbucks said Wednesday that it will remove the surcharge for dairy substitutes, saving some U.S. customers more than 10% on their drinks. The change goes into effect Nov. 7 and follows years of pleading from customers to eliminate the extra fee, especially as milk alternatives […]

Brian Niccol speaking on CNBC’s “Squawk Box” on Oct. 30, 2018. Anjali Sundaram | CNBC Starbucks on Wednesday reported quarterly earnings and revenue that missed analysts’ expectations as sales in the U.S. and China, its two biggest markets, disappointed. The company previously released a preliminary report of its quarterly results on Oct. 22 and announced […]

Dr. Ramani Durvasula estimates that she has treated 50 narcissists in her life.They all had one thing in common, she says: “All 50 were difficult kids. They will own it.” There are two parenting styles that lead a child to develop into a narcissist, Durvasula says. And, oddly enough, they are opposite from each other. “There is… […]

Jaap Arriens/NurPhoto via Getty ImagesHoping to invest in artificial intelligence? Today’s “niche” companies and those seen as AI leaders are unlikely to be the biggest winners for long-term investors, said Barry Glassman, a certified financial planner and member of CNBC’s Advisor Council.”I’ve been through this enough to see that the niche players early on may… […]

What would you give up to live affordably in New York City? Or to be minutes away from the beach in Santa Monica, California? In today’s expensive and hyper-competitive real estate market, some homebuyers are arriving at the same answer: space.Between a marked uptick in rent and home prices and the disappearance of the classic… […]

Ten milligram tablets of the hyperactivity drug, Adderall, made by Shire Plc.Jb Reed | Bloomberg | Getty ImagesIt’s been 10 months since the Food and Drug Administration first announced a nationwide shortage of Adderall — one of the most widely used medications for attention deficit hyperactivity disorder — and the supply strain could potentially worsen… […]

The U.S. had more than 9 million open roles in June, and while that’s down from the peak of 12 million in March 2022, it’s still among the highest number of openings we’ve had since before 2000.“You’re talking about passing up something like $1 trillion in production every year that these jobs go unfilled,” David… […]