Online retailer Amazon said Sunday it was suspending its use of cargo carrier 21 Air after one of its Amazon-branded aircraft crashed upon landing in Miami this month, killing five people.
Category Archives: business
Bessent dared the bond market to ‘bet against’ him. It did — and it appears to be winning.
Treasury Secretary Scott Bessent appears to be losing a tug-of-war with the bond markets he is also trying to influence.
L.L.Bean embraces its old-school roots with brick-and-mortar stores, print catalogs, no AI
L.L.Bean is embracing its rugged roots in Freeport, Maine, shunning AI and adding more brick-and-mortar stores.
Strategic Money Moves to Maximize Your 401(K) Savings
Making informed decisions on your 401(K) can make the difference between an comfortable retirement and financial struggle, so financial expert Ted Jenkin stops by TODAY to give his best tips for maximizing savings. He breaks down catch-up contributions, explains the benefits of auto-escalation, what to do with your retirement account if you change jobs, and more.
Lutnick says promised $5,000 checks for Americans won’t come from taxpayer dollars
In a wide-ranging interview, U.S. Commerce Secretary Howard Lutnick spoke about the $5,000 checks Republicans are promising if they win the midterms, the Trump administration’s trade war with Canada and rising energy costs. NBC News’ Christine Romans reports.
Lutnick says Trump’s $5,000 checks for Americans wouldn’t rely on taxpayer funds
President Donald Trump’s promised $5,000 “dividend” for all U.S. adults would not be paid for with taxpayer dollars, Commerce Secretary Howard Lutnick said.
Regulators missed $21B in Mark Walter’s insurance empire
A new federal investigation found that two insurers controlled by billionaire Mark Walter, owner of the Los Angeles Dodgers, put roughly $21 billion into businesses connected to him. NBC News’ Gretchen Morgenson details the federal probe and how consumers can protect themselves.
Strikes shut down key Saudi pipeline as Iran-backed Houthis tighten grip on crucial shipping lane
Houthi rebels effectively completed a rapid push to take control of Yemen’s Red Sea coastline on Friday, tightening their grip on one of the world’s most important shipping routes and delivering a dramatic boost to their backers in Iran.
Inflation ticked up in August, setting the stage for the Fed to hike interest rates
Inflation overall in August rose by 0.4% month over month to an annual rate of 3.4%, which was unchanged from July.
Diesel hits all-time high of $6 per gallon and just about everything will cost more
“We are endangering one of the strongest economic pillars that we have in this country,” said fourth-generation Iowa farmer Mark Mueller.