On average, wages have risen faster than prices since the pandemic, and lower-paid workers have seen the steepest gains despite facing the highest cost burdens.
Category Archives: business
The best of NBC Select Travel Awards 2024
The best suitcases, bags and accessories tested by NBC Select editors. Shop NBC Select Travel Award winners from Away, Apple, Thule, Bagsmart, Patagonia, Calpak and more.
How Delta made itself America’s luxury airline — and what United wants to do about it
Delta Air Lines is the country’s most profitable airline.
Maker of Hershey’s, Jeni’s, and Friendly’s ice cream products issues recall over Listeria
A company responsible for producing ice cream products for several popular brands, including Hershey’s, Jeni’s and Friendly’s, has issued a recall because some of its products may be contaminated with Listeria.
Tesla’s Cybertruck recalled for a fourth time over two separate parts issues
Elon Musk’s Tesla is recalling its new Cybertruck for the fourth time to fix trim pieces that can come loose and front windshield wipers that can fail.
NBC Select Travel Awards: The best bags of 2024
The best duffels, backpacks and weekenders tested by NBC Select editors. Shop NBC Select Travel Award winners from Calpak, July, Patagonia, Dagne Dover and Orvis.
Starbucks debuts fruity energy drink less than two months after Panera discontinues Charged Lemonade
Starbucks launched a drink at stores nationwide called Iced Energy, which has up to 205 milligrams of caffeine — about the same amount as six cans of Coke.
Bankruptcy court trustee in Alex Jones liquidation case previews ‘wind-down’ of media company
A federal bankruptcy court trustee appointed to oversee the liquidation of conspiracy theorist Alex Jones’ estate is asking a judge to temporarily block families and other creditors from seizing assets related to his media company, as he readies “an orderly wind-down process” and sale.
Paramount+ to increase prices for its streaming plans
Paramount Global is hiking the price of its flagship streaming service as the company looks to turn around its business.
City in a poor China province becomes a leading electric vehicle production hub
The city of Liuzhou is in one of China’s poorest provinces. But as part of Beijing’s “Made In China 2025” industrial strategy, it is now home to EV car plants for five major automakers, after putting investment and incentives into electric vehicles and by pushing local industry to expand production and infrastructure. CNBC’s Eunice Yoon reports from Liuzhou on the city’s meteoric rise.