Economy

People walk by the New York Stock Exchange on April 4, 2025. Spencer Platt | Getty Images With capital harder to come by, private equity giants and investment banks are waging a global battle for talent as dealmaking activity ekes out a recovery. Private equity recruitment accelerated in the first half of 2025, led by […]

The Tokyo Tower stands amid buildings at dusk in Tokyo, Japan. Bloomberg | Bloomberg | Getty Images Asia-Pacific markets traded mostly higher Monday as investors assessed Japan’s Prime Minister Shigeru Ishiba’s resignation announcement over the weekend, as well as China exports data. Japan’s benchmark Nikkei 225 rose 1.45% to close at 43,643.81 following the prime […]

Party member Sanae Takaichi speaks before a runoff election during the Liberal Democratic Party’s leadership election on September 27, 2024 in Tokyo, Japan. Pool | Getty Images News | Getty Images With Japan’s Prime Minister Shigeru Ishiba expressing his intention to resign, the race to become the country’s next leader has been thrown wide open. […]

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 […]

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 […]

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… […]

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 […]

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… […]

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 […]