Economy

The company’s Terran 1 rocket lifts off from LC-16 at Cape Canaveral, Florida.Relativity SpaceRelativity Space, a 3D-printing specialist, launched the inaugural flight of its Terran 1 rocket late on Wednesday night, which successfully met some mission objectives before failing to reach orbit.Terran 1 lifted off from LC-16, a launchpad at the U.S. Space Force’s facility… […]

Jean Kang, 32, brings in about $20,000 a month with her business. Courtesy of Jean Kang Jean Kang never thought she would be an entrepreneur. Growing up in the San Francisco Bay Areashe had always envisioned herself working for a big tech company. “I grew up watching a lot of ‘Shark Tank’ [and] thought it […]

Japanese 10,000 yen banknotes arranged in Tokyo, Japan, on Saturday, Oct. 7, 2023. Shoko Takayasu, Bloomberg | Bloomberg | Getty Images Despite dovish comments from Japanese Prime Minister Shigeru Ishiba leading to a sharp plunge in the yen market analysts aren’t budging from their Bank of Japan policy expectations for the longer term. The yen […]

Bitcoin has rallied nearly 70% so far this year — and industry insiders who spoke to CNBC remain bullish, with one saying the world’s biggest cryptocurrency could reach new heights.Bitcoin previously hit its all-time high of $68,990.90 in November 2021. Since then it has fallen about 60%.related investing newsMarshall Beard, chief strategy officer at U.S.-headquartered… […]

Israel’s Iron Dome anti-missile system intercepts rockets, as seen from Ashkelon, Israel, October 1, 2024 Amir Cohen | Reuters Israel’s government has vowed a severe response to Iran’s unprecedented missile barrage into Tel Aviv, leaving the Middle East on edge as fears rise over a possible all-out war between the two long-time foes. On Tuesday […]

Chipotle Mexican Grill on Wednesday cut its forecast for same-store sales growth this year after traffic declined for a second straight quarter. The burrito chain now anticipates flat same-store sales growth for 2025, down from its prior projection of a low-single-digit percentage increase. Chipotle trimmed its same-store sales outlook for the second consecutive quarter. But the company said sales trends are turning around. Starting […]

Google CEO Sundar Pichai gestures to the crowd during Google’s annual I/O developers conference in Mountain View, California, on May 20, 2025. David Paul Morris | Bloomberg | Getty Images Alphabet reported second-quarter results on Wednesday that beat on revenue and earnings, but the company said it would raise its capital investments by $10 billion […]

Elon Musk, CEO of SpaceX and Tesla, attends the Viva Technology conference at the Porte de Versailles exhibition center in Paris on June 16, 2023. Gonzalo Fuentes | Reuters Tesla reported a 16% decline in automotive revenue as sales fell for a second straight quarter and again trailed analysts’ estimates. Here’s how the company did […]

Bill McDermott, chair and CEO of ServiceNow, speaking on CNBC’s “Squawk Box” at the World Economic Forum annual meeting in Davos, Switzerland, on Jan. 17, 2024. Adam Galici | CNBC ServiceNow posted strong second-quarter results and lifted its guidance Wednesday. Shares climbed 7% following the report. Here’s how the company performed compared to LSEG estimates: […]

U.S. President Donald Trump walks before signing the “Genius Act”, which will develop regulatory framework for stablecoin cryptocurrencies and expand oversight of the industry, at the White House in Washington, D.C., U.S., July 18, 2025. Nathan Howard | Reuters President Donald Trump was told in May by Attorney General Pam Bondi that his name appeared […]