Zelle, the payments network run by banks-owned Early Warning Services, crossed $1 trillion in total volumes last year, which it said was the most ever for a peer-to-peer platform.
Category Archives: business
Trump wants interest rate cuts. The market isn’t buying it.
Just before the release of Wednesday’s monthly consumer price report, President Donald Trump called for lower interest rates in a post on his Truth Social platform.
Inflation heats up, adding pressure on Trump over vow to lower prices
Price growth sped up unexpectedly in January, posing an early challenge to President Donald Trump’s economic agenda.
January consumer price index report shows a rise in inflation and prices
New numbers from the January consumer price index report show a rise in gas, eggs and coffee prices. NBC News’ Brian Cheung and Investopedia’s Editor-in-Chief Caleb Silver break down the inflation numbers, which rose 0.4%, exceeding forecasts for 0.3%.
Elon Musk takes questions from Oval Office about government cuts
Elon Musk answered questions on Tuesday in the Oval Office next to President Donald Trump about his dramatic makeover of the federal government, saying they have identified billions of dollars in fraud and waste without providing specific evidence. It comes as the Trump administration fired the USAID inspector general, one day after his office released a report critical of efforts to downsize the agency. NBC’s Peter Alexander reports for TODAY.
Trump’s feared DOJ enforcer has a secret: He too investigated Jan. 6th
Emil Bove, the acting DOJ official behind a potential witch hunt against prosecutors and FBI agents who investigated the Capitol riot, worked on Jan. 6 cases himself
This obscure law is one reason Trump’s agenda keeps losing in court
Lawyers challenging Trump’s use of executive power are turning to a familiar weapon in their armory: the Administrative Procedure Act.
Democrat accuses Trump FBI pick Kash Patel of secretly ordering firings
Sen. Dick Durbin accused Kash Patel, President Trump’s pick for FBI director, of secretly orchestrating the firings of FBI officials.
Musk Joins Trump To Defend Aggressive Cost-Cutting Moves
Billionaire Elon Musk, who leads President Trump’s Department of Government Efficiency, pledged full transparency in his efforts to cut wasteful federal government spending. It comes as Democrats accuse Musk of a “government takeover.” NBC News’ Gabe Gutierrez reports.
Cuts to foreign aid scramble young public servants’ career plans
Entry-level workers at USAID, other federal agencies and government-backed nonprofits are filing for unemployment and applying to private-sector jobs.