Economy

Magnificent 7 tech stocks on display at the Nasdaq. Adam Jeffery | CNBC The race to build artificial intelligence infrastructure at a trillion-dollar annual clip is eroding the free cash flow and increasing balance-sheet risk at so-called hyperscalers, warned Moody’s Ratings. In a research note released this week, Moody’s said that the spending surge is […]

SpaceX founder Elon Musk addresses members of the media during a press conference announcing new developments of the Crew Dragon reusable spacecraft, at SpaceX headquarters in Hawthorne, California, Oct. 10, 2019. Philip Pacheco | Afp | Getty Images It was a rough week for Elon Musk. Tesla shares plunged 18% during the week to close […]

Dara Khosrowshahi, CEO of UBER, speaking on CNBC’s Squawk Box at the World Economic Forum in Davos, Switzerland on Jan. 22nd, 2026. Oscar Molina | CNBC For the past three years, Uber and Alphabet -owned Waymo have partnered to bring driverless rides to passengers in two major U.S. markets. That relationship is now undergoing some […]

Emily Hayes knew what she was signing up for when she became a lawyer. Long hours, difficult clients and billing pressures are synonymous with the job. Yet, for Hayes, the intellectual challenge and the chance to help people made these sacrifices feel worthwhile. What she didn’t anticipate was how quickly burnout would set in — […]

Alphabet CEO Sundar Pichai delivers the keynote address at the Google I/O developers conference at Shoreline Amphitheatre on May 10, 2023 in Mountain View, California. Justin Sullivan | Getty Images News | Getty ImagesShares of Alphabet are trading at their highest level since August on the heels of Google’s artificial intelligence announcements at its developer conference… […]

A sign outside of a hospital advertises COVID-19 testing on November 19, 2021 in New York City.Spencer Platt | Getty ImagesThe U.S. public health emergency declared in response to Covid-19 comes to an end Thursday more than three years after the pandemic began.The Biden administration’s decision to end the emergency comes as deaths and hospitalizations… […]

Sunrise at Laguna Torre in Patagonia, Argentina.© Marco Bottigelli | Moment | Getty ImagesTravel in 2023 has been expensive. Indeed, some prices — like those for international flights — have hit record highs.Americans are unleashing their wanderlust en masse after a few years of pandemic-era trip delays, making for a busy — and likely costly… […]

Bowlero, the buzzy bowling company that was one of the few successful stocks to emerge from the SPAC boom, is the subject of a sprawling federal investigation into age discrimination and retaliation that authorities now want to settle for $60 million, CNBC has learned.Negotiations over the settlement, proposed by the U.S. Equal Employment Opportunity Commission… […]

(L-R) Richard A. Gonzalez, chairman and CEO of AbbVie Inc., Pascal Soriot, executive director and CEO of AstraZeneca, Giovanni Caforio, chairman of the board and CEO of Bristol-Myers Squibb Co., Jennifer Taubert, executive vice president and worldwide chairman of Janssen Pharmaceuticals, Johnson & Johnson, Kenneth C. Frazier, chairman and CEO of Merck & Co. Inc.,… […]

IBM CEO Arvind Krishna looks on during a roundtable discussion hosted by President Donald Trump in the Roosevelt Room at the White House in Washington, Dec. 10, 2025. Alex Wong | Getty Images IBM CEO Arvind Krishna said that only 2% of his company’s software could be replaced with applications constructed by artificial intelligence models […]