Economy

Memory crisis hits such extremes that 'even Apple can't be safe'

Apple appears poised to take the rare step of increasing prices to deal with what CEO Tim Cook called an "unsustainable" memory shortage.

Bob Iger Reflects on 10 Years of Shanghai Disneyland as it Defies Chinese Pullback

Shanghai Disneyland hit 100 million cumulative visitors in 2025, according to the company. It's a relatively new but important foothold in Disney's history.

Gas prices: National average drops 56 cents in a month to $3.97 per gallon

The national average price for regular gas decreased again on Friday, dropping to $3.973 per gallon. It marked the fourth straight week that the national average price for a gallon of regular gas dropped in the U.S., and a 56-cent-per-gallon decrease in fuel costs over the last month.

Musk's SpaceX Stake Is Worth Over $1 Trillion. Here Are the Other Billionaire Shareholders

SpaceX shares were up 37% after its historic debut last week, which offered shares at a set price of $135.

The internet has no idea what Elon Musk being a ‘trillionaire’ actually means

After the headlines broke revealing that Elon Musk has reached trillionaire status, one viral post dubbed the revelation “one of the most horrifying sentences written this century.” That an increase in an entrepreneur’s stock valuation on paper takes that title in the eyes of so many might come as a shock to all the recent victims of war, genocide, and famine. But it’s sadly indicative of the economic illiteracy underlying much of the online meltdown after Musk’s record-breaking valuation.

Interest rate cut unlikely after Iran deal

But investors still don’t think that an end to the war, and presumably a more stable Strait of Hormuz, will be enough to cause inflation to fall to a level this year where the Fed will feel comfortable cutting interest rates — something that has long been the biggest goal for Trump on the monetary policy front.

India's largest telecom and digital service Jio Platforms files for IPO

India's largest wireless operator and digital service provider, Jio Platforms files for IPO

'How am I supposed to know if it's cute on me?' The strange death of the changing room

As some shops toy with the idea of removing changing rooms, what does it mean for the future of the high street?

Global energy security hangs in balance. Here's how America can restore it

The world is currently entering a volatile new era of energy insecurity. As Russia continues to weaponize its energy resources against its neighbors and conflicts in the Middle East threaten vital shipping routes, nations across Europe and Asia are searching for stable, reliable suppliers. In this environment, the United States has the opportunity to be the guarantor of global energy security, the most reliable energy partner — provided it can overcome its own domestic bureaucratic hurdles.

Hormuz relief may not ease the economic toll that's already 'baked in,' analysts warn

Early signs of reopening of the Strait of Hormuz have lifted the most acute threat to global energy supplies but economic damages from the war will take months to unwind.

CNBC Daily Open: Swiss signing canceled as U.S.-Iran talks stall

Negotiators call off plans to meet in Switzerland to try to progress the U.S.-Iran deal as Trump and Vance defend the agreement.

Indian IT stocks slump up to 7% as Accenture cuts revenue outlook, fueling fresh concerns over sector growth

Shares of major Indian IT companies fall up to 7% after global sector leader Accenture cuts its revenue guidance.