As the war with Iran continues to impact the critical Strait of Hormuz, gas prices are continuing to rise across the United States with talks to reopen the critical waterway stalled. It comes as President Donald Trump is vowing that gas prices will go down, but only once the war is over and there’s no clear timeline for that. NBC’s Allie Canal reports for Saturday TODAY.
Category Archives: business
Spirit Airlines is closing down. Thousands of employees and travelers are impacted.
Spirit Airlines will shut down and liquidate its holdings. With 17,000 employees, it was unable to bear the soaring cost of jet fuel during the Iran war.
Critics slam medical credit cards as patient shares account of being signed up in hospital
An emergency room patient shares her story of being signed up for a line of credit to pay for medical bills. Now, some states are trying to curb the use of medical credit cards as patients raise red flags of high interest rates and credit impact. NBC News’ Steve Patterson reports.
Spirit’s possible shutdown looms after bailout plans opposed by Republicans
Spirit Airlines could shut down as soon as Saturday, May 2, without a last-minute intervention, a source told NBC News. As of Friday afternoon, discussions about a rescue were ongoing, with Republican lawmakers opposing a proposed bailout of the budget carrier.
Trump says Spirit given ‘final proposal’ on bailout amid reports it may shut down
Donald Trump says Spirit Airlines was given a final bailout proposal amid reports the carrier plans to shut down.
Build-A-Bear recalls roughly 36,000 Heart-Warming Hugs Bears
Roughly 36,000 Heartwarming Hugs Bears, a stuffed animal manufactured by Build-A-Bear, are being recalled due to a zipper detaching from the bear’s pouch
Thermos recalls 8.2M bottles after stoppers eject, causing injury and reported vision loss
Thermos is recalling 8.2 million containers after consumers suffered laceration injuries — and in some cases reported permanent vision loss — when stoppers forcefully ejected from the products and struck them in the face
Gas prices hit $4.39 per gallon in biggest one-day jump since Iran ceasefire announced
The national average gas price rose to $4.39 per gallon, in its biggest one-day jump since a ceasefire with Iran was announced on April 7.
May 2026 Freebies: Comic Books, Potted Flowers, Skincare, More
From free comic books to complimentary meals for teachers and nurses, NBC’s chief consumer investigative correspondent Vicky Nguyen joins TODAY with a roundup of ways to cash in on freebies for the month of May.
US Gas Prices Surge 9 Cents in Just One Day to $4.39 a Gallon
As the war in Iran enters its 60th day, gas prices in the United States are even higher with the national average climbing to $4.39 — a nine cent increase in just one day and up more than 30 cents in a week. NBC’s Brian Cheung joins TODAY to break down how much higher gas prices are expected to go, as well as what the latest GDP numbers say about the economy.