The Tampa Bay Rays on Thursday withdrew from a $1.3 billion ballpark project, citing hurricanes and delays that likely will drive up the proposal’s cost.
Category Archives: business
Trump administration directs military to develop options for Panama Canal
NBC News’ Courtney Kube reports on the Trump administration directing the U.S. military to begin developing options for the Panama Canal, according to two U.S. officials familiar with the matter.
Wall Street turmoil rattles retirement savers, turning financial planners into therapists
Turmoil on Wall Street is keeping financial planners’ phones ringing as 401(k) holders watch their retirement account balances fall with the stock markets they’re tied to.
Donatella Versace steps down as head of Italian fashion house
Donatella Versace announced Thursday that she is stepping down as chief creative officer of Versace, ending her nearly 30-year-long stint at the Italian luxury fashion empire’s helm.
Trump threatens 200% tariff on E.U. wine and liquor
President Donald Trump threatened Thursday to impose 200% tariffs on alcohol from the European Union in response to the region’s retaliatory 50% tariff on U.S. whiskey, further escalating tensions between two longtime trading partners.
With mortgage rates dropping, is now the time to buy a house?
Mortgage rates just dropped for a sixth week in a row, leading some to wonder if now is the right time to buy a house. NBC’s Vicky Nguyen joins TODAY with where the levels are now and where the easiest and toughest places to buy are in the United States.
Trump’s trade war escalates with international tit-for-tat
The European Union is hitting back at President Donald Trump’s new levy on all foreign aluminum and steel by announcing retaliatory tariffs on American products worth billions of dollars. President Donald Trump slams the move, saying he will “of course” respond. NBC’s Christine Romans reports for TODAY.
Trump’s economic troubles put Republicans on the defensive
President Donald Trump’s full-speed-ahead approach to making radical change has forced his allies to fight from a defensive posture.
S&P 500 closes higher on soft inflation report; Nasdaq jumps 1% as traders snap up tech shares
The Nasdaq Composite rose on Wednesday after a soft inflation report eased concerns about the economy and as investors snapped up beaten-up technology shares.
Trouble is brewing for local beer companies as Trump slaps tariffs on aluminum
The math is tight for Thor Cheston.