As fears of a slowing economy lurk in the background, some businesses are taking notice and bringing back so-called recession specials
Category Archives: business
Fed Chair Hints at Interest Rate Cut Next Month: What to Know
The markets skyrocketed on Friday with the Dow, Nasdaq and the S&P 500 all up nearly two percent after Federal Reserve Chair Jerome Powell’s signaled an interest rate cut could be coming next month. NBC’s Christine Romans joins Saturday TODAY to break down what you need to know.
Home Depots become prime locations for immigration enforcement
The sight of masked federal agents descending on Home Depots is forcing undocumented day laborers to weigh earning money against the risk of arrest.
Costly extreme dorm makeovers redefine back-to-school shopping
Sending a freshman off to college is almost always an expensive endeavor, but the latest viral trend is taking back-to-school shopping to the next level
Trump flexes power over big business as U.S. takes 10% stake in Intel
The Trump administration said it had taken a 10% stake in Intel, President Donald Trump’s latest extraordinary move to exert federal control over business.
Who owns Frida Kahlo’s legacy? The dispute over her trademark could impact other artists.
The family of the late famous Mexican artist is struggling to reach a legal agreement with the corporation that has long controlled products sold in the United States.
Stocks climb as investors bet on rate cut following Jerome Powell speech
Markets rose Friday after Federal Reserve Chair Jerome Powell appeared to open the door to lowering interest rates, something analysts say would help boost overall activity in the U.S. economy but at the risk of spurring inflation.
Jerome Powell signals potential rate cut in speech highlighting precarious job market
Jerome Powell appeared Friday to open the door to the central bank’s first rate cut of President Donald Trump’s second term as the Federal Reserve chair indicated that current monetary policy may be restricting economic activity.
Sony Raises Price of PlayStation 5 by $50 in US
Sony is announcing PlayStation 5 game consoles will cost American consumers $50 more starting this week. The company did not give a reason for the price hike, but companies have been warning for months that tariffs could send prices higher on thousands of items, including electronics.
Trump says he will fire Fed governor Lisa Cook if she doesn’t resign
President Donald Trump said Friday that he will fire Federal Reserve governor Lisa Cook if she doesn’t resign.