Chipotle stock sinks as restaurant chain reports falling traffic, weak guidance

Chipotle stock sinks as restaurant chain reports falling traffic, weak guidance

A Chipotle in the Bronx in New York, April 23, 2025. Spencer Platt | Getty Images Chipotle Mexican Grill on Tuesday reported quarterly earnings and revenue that topped analysts’ expectations, although traffic to its restaurants fell for the fourth straight quarter. For 2026, the company is projecting flat same-store sales growth, signaling that the burrito … Read more

Pfizer says obesity injection shows promise as monthly treatment in mid-stage trial

Pfizer says obesity injection shows promise as monthly treatment in mid-stage trial

Smith Collection | Archive Photos | Getty Images Pfizer on Thursday said its experimental obesity drug, which it acquired through Metsera, drove solid weight loss when taken once a month in a mid-stage trial. Patients with obesity or who are overweight lost up to 12.3% of their weight compared with placebo at week 28 in … Read more

Musk’s xAI needs SpaceX deal for the money. Data centers in space are still a dream

Musk’s xAI needs SpaceX deal for the money. Data centers in space are still a dream

Elon Musk, chief executive officer of Tesla Inc., during the US-Saudi Investment Forum at the Kennedy Center in Washington, DC, US, on Wednesday, Nov. 19, 2025. Bloomberg | Bloomberg | Getty Images Elon Musk said a primary reason for merging SpaceX with his artificial intelligence startup, xAI, is to more effectively build “orbital data centers.” … Read more

‘Melania’ earns a surprising $7 million, best non-music documentary debut in a decade

‘Melania’ earns a surprising  million, best non-music documentary debut in a decade

Movie posters for the documentary “Melania” featuring U.S. first lady Melania Trump are displayed in a New York City subway station, in New York, U.S., Jan. 14, 2026. Jeenah Moon | Reuters Amazon’s “Melania” earned $7 million at the domestic box office during its debut this weekend, the highest opening for a non-music documentary in … Read more

Bitcoin dips below $79,000 as market digests silver sell-off, Trump’s Fed chair pick

Bitcoin dips below ,000 as market digests silver sell-off, Trump’s Fed chair pick

Bitcoin signage in Times Square in New York, Dec. 9, 2025. Michael Nagle | Bloomberg | Getty Images Bitcoin, Ethereum, and Solana slumped as retail traders digested a busy market week that saw wild swings in commodities and a long-awaited announcement by President Donald Trump on his choice for the next Federal Reserve chairman. In … Read more

Big Food gets leaner with divestitures and breakups as consumers turn away from packaged snacks

Big Food gets leaner with divestitures and breakups as consumers turn away from packaged snacks

Kraft Heinz announced plans to split into two separately traded companies, reversing its 2015 megamerger, which was orchestrated by billionaire investor Warren Buffett. Justin Sullivan | Getty Images News | Getty Images Big Food is slimming down. As both consumers and regulators push back against ultra-processed foods, the companies that make them have been splitting … Read more

Eli Lilly CEO says Medicare coverage of obesity drugs could ‘change the game’ for upcoming pill launch

Eli Lilly CEO says Medicare coverage of obesity drugs could ‘change the game’ for upcoming pill launch

Eli Lilly CEO Dave Ricks on Friday said upcoming Medicare coverage of obesity drugs could be a major catalyst for the rollout of the company’s closely watched experimental weight loss pill, orforglipron. In an exclusive interview with CNBC, Ricks said Lilly expects to have Medicare coverage for the treatment “immediately following that launch, and that … Read more

Earnings, jobs loom large in the week ahead for a discerning market. Here’s what’s coming up

Earnings, jobs loom large in the week ahead for a discerning market. Here’s what’s coming up

More Magnificent Seven earnings are coming next week, helping to decide the direction of a stock market that’s becoming more discerning, while the latest data on the labor market will cast light on the state of the economy. Alphabet and Amazon are the next big technology companies in line to have their income statements scrutinized, … Read more

Wealth inequality and the ‘K-shaped’ economy are more striking than ever, data shows

Wealth inequality and the ‘K-shaped’ economy are more striking than ever, data shows

The gap between the best and worse off Americans is growing — and economists don’t see an end in sight. The “K-shaped” economy has been top of mind for consumers, corporate leaders, policymakers and investors since the Covid pandemic drastically reshaped Americans’ financial habits almost six years ago. Economists now warn that this two-speed economic … Read more

Ford to record $600 million pretax pension charge in fourth quarter

Ford to record 0 million pretax pension charge in fourth quarter

A 2025 Ford Lightning electric vehicle (EV) at a Ford dealership in Antioch, California, US, on Thursday, Dec. 18, 2025. David Paul Morris | Bloomberg | Getty Images DETROIT — Ford Motor said it will report pretax charges of $600 million in its fourth-quarter results due to adjustments in its employee pension plans and other … Read more