Elon Musk’s pay package of up to $1 trillion highlights the continued escalation in CEO compensation, even as worker pay slows and rewards to shareholders remain mixed, according to several studies. Already, Musk is the richest person on the planet with a net worth that tops $660 billion, according to Bloomberg. Musk saw his…
U.S. President Donald Trump (R) speaks to Apple CEO Tim Cook (L) as he attends a reception for business leaders at the World Economic Forum (WEF) Annual Meeting on Jan. 21, 2026 in Davos, Switzerland. Chip Somodevilla | Getty Images Moving between panels, hotel lobbies, and meetings this week, it often felt like two conferences were…
A pharmacist displays a box of Wegovy pills at a pharmacy in Provo, Utah, Jan. 15, 2026. George Frey | Bloomberg | Getty Images The future of the booming obesity drug market won’t hinge on drugs that deliver greater weight loss alone. Top executives from drugmakers big and small told CNBC that the next phase…
People line up outside the Social Security Administration office in San Francisco. Getty Images Social Security, the federal social insurance program that millions of Americans rely on for income, faces a shortfall in funding it counts on from its trust funds. But that doesn’t mean the program is going bankrupt or will be entirely unable…
President Donald Trump‘s push for mineral rights in Greenland may be the latest play in long-standing U.S. efforts to block China from accessing rare earths on the world’s largest island. Trump has disclosed few details about the Greenland framework deal that he announced after meeting with NATO Secretary-General Mark Rutte on Wednesday. But he told…
Colorado residents fill out cards and share their stories for content to send to congressional representatives regarding health-care cuts on Nov. 1, 2025, the first day of ACA open enrollment, in Northglenn, Colorado. Tom Cooper | Getty Images Entertainment | Getty Images Some states are stepping in to blunt the financial fallout of lapsed federal…
Fabricio Bloisi, chief executive officer of Prosus NV, during a Bloomberg Television interview at the World Economic Forum (WEF) in Davos, Switzerland, on Thursday, Jan. 23, 2025. The annual Davos gathering of political leaders, top executives and celebrities runs from January 20 to 24. Photographer: Hollie Adams/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty…
Stock pickers have long sought to beat the market, and most continue to fail, with the rate of underperformance of U.S. large-cap mutual funds, after fees, against the S&P 500 between 80%-90% of all funds over a decade. But there are ways to think about generating what is known as alpha — outperformance of a…
Oil prices rose Friday as President Donald Trump‘s renewed threats against Iran raise concerns about supply disruptions. Iran is not a major oil producer. The country pumps about 3.4 million barrels per day, according to Kpler. That number pales in comparison with the U.S. and Saudi Arabia, which pump about 13.5 million barrels per day…
The Intel logo is seen at the India Mobile Congress 2025 in Delhi, Oct. 11, 2025. Kabir Jhangiani | Nurphoto | Getty Images Intel shares plunged 17% on Friday after the chipmaker issued lackluster guidance and warned of a supply shortage. The stock notched its worst day since August 2024. During a fourth-quarter earnings call…
