Economy

A Chipotle restaurant in New York on July 3, 2023. Jeenah Moon | Bloomberg | Getty Images Chipotle Mexican Grill on Wednesday reported quarterly earnings and revenue that topped analysts’ expectations as it saw higher traffic at its restaurants, bucking an industry slowdown. Shares of the company rose about 13% in extended trading before losing […]

Apple CEO Tim Cook speaks before the start of the Apple Worldwide Developers Conference at its headquarters on June 05, 2023 in Cupertino, California. Apple CEO Tim Cook kicked off the annual WWDC23 developer conference. Justin Sullivan | Getty ImagesAt its annual developer conference on Monday, Apple debuted iOS 17 and the slew of updates it… […]

Former U.S. President Donald J. Trump visits the driving range, meets fans and watches Round 2 of LIV Golf Washington DC 2023 at Trump National Golf Club Washington DC in Sterling, Virginia, United States on May 27, 2023. Kyle Mazza | Anadolu Agency | Getty ImagesLawyers for Donald Trump met Monday morning with special counsel Jack… […]

The New York Stock Exchange welcomes Unity Software Inc. as it officially begins trading, September 18, 2020,NYSEUnity shares surged 26% after Apple on Monday said it’s working with the game-development software maker as part of the release of its Apple Vision Pro headset. The announcement let to a brief halting in Unity trading and led… […]

A worsening macroeconomic climate and the collapse of industry giants such as FTX and Terra have weighed on bitcoin’s price this year.STR | Nurphoto via Getty ImagesCryptocurrency prices dropped Monday after the U.S. Securities and Exchange Commission charged Binance, the largest crypto exchange in the world, with violating securities laws.Bitcoin fell 5.5% to $25,662.50, its… […]

Apple announced its mixed-reality headset, the Vision Pro, on Monday during its WWDC developer conference. The $3,499 headset is its first major new product since the Apple Watch in 2014.The Vision Pro will allow users to see apps in a new way, in the spaces around them. Users can use their eyes and hands to… […]

Elon Musk, Chief Executive Officer of SpaceX and Tesla and owner of X speaks during the Milken Conference 2024 Global Conference Sessions at The Beverly Hilton in Beverly Hills, California, U.S., May 6, 2024. David Swanson | Reuters Tesla reported weaker-than-expected earnings for the second quarter as automotive sales dropped for a second straight period. […]

Google parent company Alphabet reported second-quarter results after the bell Tuesday that were in-line with analyst estimates on revenue and earnings, but missed on YouTube advertising revenue. Alphabet shares were down about 2% in after-hours trading. Here’s how the company did, compared with estimates from analysts polled by LSEG: Earnings: $1.89 a share vs. $1.84 […]

Lina Khan, chair of the Federal Trade Commission, speaks during the 2024 CNBC CEO Council Summit in Washington, D.C., on June 4, 2024. Shannon Finney | CNBC The Federal Trade Commission is launching an investigation into so-called surveillance pricing, seeking more information about how artificial intelligence is used to change pricing rapidly based on data […]

OpenAI CEO Sam Altman speaks during the Microsoft Build conference at Microsoft headquarters in Redmond, Washington, on May 21, 2024. Jason Redmond | AFP | Getty Images OpenAI last week removed Aleksander Madry, one of OpenAI’s top safety executives, from his role and reassigned him to a job focused on AI reasoning, sources familiar with […]