Markets plunged on Friday with the Dow falling more than 500 points, with investors concerned over the lack of any major agreement between the U.S and China. NBC’s Allie Canal reports for Saturday TODAY.
Category Archives: business
Few deals from Trump’s trip and no progress on Iran send global markets into a sell-off
Government bonds around the world sold off sharply Friday as the price of oil jumped, both driven by developments in the Iran war, politics and trade.
Zillow CEO Jeremy Wacksman is preparing for the next revolution in real estate
Zillow CEO Jeremy Wacksman on AI coming to the real estate industry. Buyers and sellers today have far more information than they did a few decades ago.
Is Subscription Fatigue Alienating Frustrated Consumers?
There is now a subscription available for about every aspect of life, including for car washes, clothes, toilet paper and even underwear. While they are often associated with a deal, the pile up of the recurring charges on credit cards is generating subscription fatigue with 52 percent of consumers canceling at least one subscription in the past year, according to market analysis. NBC’s Emilie Ikeda reports for TODAY.
Coffee company employs people struggling with homelessness and gives them a second chance
Casters Coffee in California has been employing people who are struggling with homelessness. For four days a week, the wholesaler pays and trains up to 30 unhoused people, learning a skill they can use to secure a job. NBC News’ Steve Paterson show us how this program is giving people a second chance.
AI chipmaker Cerebras soars 90% in year’s biggest IPO so far
Artificial intelligence chipmaker Cerebras surged 90% in its trading debut, setting the bar for the biggest initial public stock offering of the year so far.
Why the prices of World Cup resale tickets are starting to drop
After an initial furor over jaw-dropping ticket prices, global soccer fans may be starting to see some relief — at least in the resale market.
A judge told Musk he wasn’t excused from trial. He went to China with Trump anyway.
Elon Musk traveled to China with President Donald Trump, despite the trial over his lawsuit with OpenAI and a judge’s order that he remain ready to be recalled.
Plane crashes off the east coast of Florida, leading to dramatic sea rescue of 11
Eleven people survived a plane crash at sea and then spent five harrowing hours in a raft before they were plucked to safety during a “miraculous” rescue, officials said Wednesday
‘Tabasco hot’: Prices for businesses spike, adding to growing inflation concerns
The prices that businesses are paying for goods have risen sharply, according to data released Wednesday, the latest data point showing that knock-on effects from the Iran war are rapidly rippling across the economy.