Jon Morgan, co-founder of business consulting firm, Venture Smarter, was mentoring a Gen Z entrepreneur when he noticed something strange about her life and the one she portrayed online. His 23-year-old mentee had spent 1½ years crafting a luxury travel persona — one that suggested she was living a $500,000-a-year lifestyle, he said. In reality,…
U.S. President Donald Trump gestures during a cabinet meeting at the White House in Washington, D.C., U.S., August 26, 2025. Jonathan Ernst | Reuters President Donald Trump’s administration on Wednesday appealed to the Supreme Court a federal court ruling that said that most of his country-specific tariffs are illegal, setting up a legal clash that…
The Exchange Centre, which houses the Australian Securities Exchange (ASX), in Sydney, Australia, on Tuesday, Aug. 12, 2025. The S&P/ASX 200 index extended gains to 0.3% after the central bank cut the key cash rate by 25 basis points, a move widely expected by economists and markets. Photographer: Lisa Maree Williams/Bloomberg via Getty Images Bloomberg |…
In a Wednesday interview with CNBC’s Jim Cramer, Salesforce CEO Marc Benioff defended the guidance his company issued — even as the the figures disappointed Wall Street. “Our results are absolutely fantastic and our guidance is also, you know, is always appropriately conservative,” Benioff said. The enterprise software company posted its quarterly results Wednesday after…
Marc Benioff, co-founder and CEO of Salesforce, sits for an interview in San Francisco on April 25, 2025. David Paul Morris | Bloomberg | Getty Images Salesforce issued disappointing guidance on Wednesday, even as earnings and revenue topped estimates for the fiscal second quarter. The stock dropped 4% in extended trading. Here’s how the company…
Figma shares plunged 13% in extended trading on Wednesday after the design software company reported results for the first time since its IPO in July. Here’s how the company did in comparison with LSEG consensus: Earnings per share: breakeven Revenue: $249.6 million vs. $248.8 million expected Revenue increased 41% year over year in the second…
Cambridge, MA – May 29: Law school graduates raise gavels during Harvard University’s 374th Commencement on May 29, 2025. Craig F. Walker | Boston Globe | Getty Images A federal judge on Wednesday ruled that the Trump administration’s freeze of $2.2 billion in funds for Harvard University was illegal. Judge Allison Burroughs agreed with Harvard’s…
A version of this article first appeared in CNBC’s Healthy Returns newsletter, which brings the latest health-care news straight to your inbox. Subscribe here to receive future editions. We’re inching closer to having the first-ever needle-free weight loss drug. That’s thanks to Novo Nordisk, which expects a U.S. approval for its daily pill for chronic…
Stephen Miran, U.S. President Donald Trump’s nominee to be chairman of the Council of Economic Advisers, sits on the day he testifies during a Senate Banking, Housing and Urban Affairs Committee confirmation hearing on Capitol Hill in Washington, D.C., U.S., February 27, 2025. Annabelle Gordon | Reuters Stephen Miran, President Donald Trump’s nominee for the open…
Sign at the main entrance to the FOX News Headquarters at NewsCorp Building in Manhattan. Erik Mcgregor | Lightrocket | Getty Images Newsmax filed a lawsuit Wednesday accusing conservative media giant Fox News of acting as a monopoly and suppressing its right-leaning competitors. “Fox has sought to protect and expand its monopoly power in the…
