The Federal Reserve cut interest rates by 0.5% — the first decrease since 2020. NBC’s Vicky Nguyen joins TODAY to discuss what the interest rate cut means for your wallet and shares tips for the housing market, car loans and credit card debt.
Category Archives: business
Graduating debt-free with a job, this social worker still sees buying a house as out of reach
This is part of NBC News’ Checkbook Chronicles, a series of profiles looking at the financial realities of everyday Americans and the challenges they face.
U.S. rushes firepower to the Middle East as Israel braces for retaliation from Iran
The U.S. is sending a guided missile submarine to the Middle East and speeding the arrival of an aircraft carrier strike group, as Israel braces for retaliatory attacks from Iran and its proxies after the assassination of senior members of Hamas and Hezbollah.
Jordan Chiles’ case is unusual. Most returned Olympic medals are for cheating.
PARIS — Jordan Chiles is a rarity in Olympic history: an athlete forced to return their medal for reasons other than a doping violation.
Macron: ‘We delivered something great for the world’
In an exclusive interview with NBC News, French President Emmanuel Macron shared his favorite moments from the 2024 Paris Olympics. And he also had a message for Los Angeles and the 2028 Olympics. NBC News’ Keir Simmons reports.
Last-minute summer travelers are finding the best deals in years
After paying steep rates for years, consumers are finally snagging cheaper flights and hotels toward the end of the season. But it helps to be flexible.
Biden’s White House has tried to boost unions. The election could change that.
The NLRB has taken a more forceful pro-labor stance under President Joe Biden. Potential new leadership and a series of court decisions threaten those efforts.
Trump Media reports $16 million loss for quarter as revenue falls
Trump Media, the social media company whose majority shareholder is former President Donald Trump, on Friday reported a net loss of more than $16 million for the most recent financial quarter, mostly due to legal expenses, as well as consulting and licensing expenses.
Wealthy investors find opportunities in stock market sell-offs
Wealthy investors and family offices shied away from stocks leading up to market swings this week, but many saw the drop in prices as an opportunity for tax savings and estate planning, according to wealth advisors.
JPMorgan Chase is giving its employees an AI assistant powered by ChatGPT maker OpenAI
JPMorgan Chase has rolled out a generative artificial intelligence assistant to tens of thousands of its employees in recent weeks, the initial phase of a broader plan to inject the technology throughout the sprawling financial giant.