When making purchases online, customers will often see an option to buy now and pay later — but it’s essentially a loan. NBC’s Christine Romans joins TODAY to break down what to know about these plans and when you should avoid using them.

China slapped the United States with a new tariff, raising the tax on American goods to 125%. It comes after the White House raised tariffs on China to 145%. Chinese President Xi Jinping responded to President Donald Trump for the first time saying it doesn’t fear economic suppression but “there are no winners in a tariff war.” NBC’s Peter Alexander reports for TODAY.

The Prada Group announced a deal to buy Italy’s Versace from the U.S. luxury group Capri Holdings. NBC News’ Maya Eaglin reports on the $1.4 billion deal and what made both brands household names. 

New York state’s top financial regulator struck a $40 million settlement with Block Inc., the parent of Cash App, over anti-money laundering failures.

While Wall Street spent the past week sweating over whether President Donald Trump’s now-altered tariff plan would push the economy into a recession or ignite a bear market, Rachel Hazit knew exactly what to do.

President Donald Trump’s aggressive tariff policy on April 2 didn’t just cause mayhem in the stock market.

Wealthy investors have made the best trade over the past week — largely doing nothing.

A plane carrying at least a half-dozen U.S.

President Trump said he was not tracking a fall in the stock market as he met with his Cabinet, a plunge on that came amid worsening trade tensions with China.

The Trump administration wants to terminate the grants because of what it calls “objectionable DEI material” in the programs they would fund.