The national average for gas prices now stands at $3.99 after rising more than a dollar per gallon over the last month. NBC’s Brian Cheung joins TODAY ways to save, including reducing vehicle weight, buying plane tickets early and more.
Category Archives: business
All Eyes on Wall St. After 5 Weeks of Losses Spurred by Iran War
All three major stock indexes are down 7% since the war in Iran began five weeks ago and what started off as a short-term geopolitical flare up could turn into a longer-term slide. NBC’s business correspondent Brian Cheung reports for TODAY on the war’s impact on oil and gas prices, as well as mortgage rates as the Federal Reserve weighs an interest rate hike.
Trump says he wants Iran’s oil and could seize Kharg Island
President Donald Trump said Sunday that he would like to “take the oil in Iran” and is considering seizing the export hub of Kharg Island, which is responsible for more than 90% of Iran’s oil exports
Oil prices jump, U.S. markets open higher as Iran war rounds one month
Global oil prices jumped overnight and U.S. stock indexes gained after a weekend that saw Iran-backed Houthi militants launch ballistic missiles at Israel.
When will TSA lines go back to normal? Travelers may face delays for days or weeks
Travelers frustrated by long security lines may not see immediate relief, even as Transportation Security Administration officers begin receiving pay again on Monday after working without wages for more than a month during the partial government shutdown
Body found in Colombia amid search for missing U.S. flight attendant
Colombian officials discovered a body Friday amid the search for a U.S. flight attendant who went missing in the country last weekend
Fears of Recession Grow as Markets Plunge and Prices Skyrocket
The conflict in Iran is causing major market jitters with 401Ks plummeting and the prices for gas and groceries going up. On Friday, the Dow, NASDAQ and S&P 500 all closed sharply lower with the Dow dropping nearly 800 points, putting it into correction territory. NBC’s Brian Cheung joins Saturday TODAY to break down how the war is impacting the economy and the fears of a recession.
God and bitcoin: Why some Christians are putting their faith in cryptocurrency
With the rise of cryptocurrency, a Christian subculture around digital currency has emerged, with some pastors pitching bitcoin as biblically sound.
Markets plunge and U.S. oil hits $100 as Trump’s attempt to reassure Wall Street fails
President Donald Trump is used to bending financial markets to his will
House Republicans rebel against Senate-passed DHS bill, eye separate funding vote
Speaker Mike Johnson, R-La., told House Republicans on a conference call that he plans to hold a vote on a bill to fund all of the Department of Homeland Security for 60 days, according to a source on the call.