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.
Category Archives: business
Minneapolis Fed President Kashkari sees a slower pace of rate cuts ahead
Minneapolis Federal Reserve President Neel Kashkari said Monday that he expects policymakers to dial down the pace of interest rate cuts after last week’s half percentage point reduction.
Vance preps for VP debate with help from his wife, advisers and a Minnesota stand-in for Walz
Rep. Tom Emmer, R-Minn., will play Minnesota Gov. Tim Walz in Sen. JD Vance’s final vice presidential debate rehearsals, a source directly involved with the preparations told NBC News.
Boeing machinists on picket lines prepare for lengthy strike: ‘I can last as long as it takes’
RENTON, Wash. — Cash-strapped Boeing is facing mounting costs from an ongoing machinist strike as workers push for higher pay.
Southwest Airlines tells staff ‘difficult decisions’ ahead in push to boost profits
Southwest Airlines has warned employees that it will have to make “difficult decisions” ahead to boost profits as the carrier faces pressure from activist Elliott Investment Management, which has sought leadership changes at the company.
How Foot Locker is waging a comeback after its breakup with Nike
During a recent event celebrating Foot Locker’s 50th anniversary in New York City, it was hard to imagine that the legacy sneaker chain was appearing on bankruptcy watch lists as recently as March.
GM’s EV sales momentum is finally building as new vehicle lineup fills out
EV sales data provided from General Motors, which publicly reports sales quarterly, shows a notable increase through August.
Faced with the unique challenges of filling a potential Trump Cabinet, quiet transition work is underway
Should he return to the White House, Trump would to build a leadership team once again — a challenge made more daunting by his track record and his ability to win Senate confirmations for the loyalists he would need to carry out his orders.
Temu and Shein traders face tougher conditions amid plans to narrow loophole
A White House plan to narrow a trade loophole could mean painful times ahead for Chinese sellers on platforms such as Temu and Shein — and higher prices for U.S. consumers. CNBC’s Eunice Yoon reports for NBC News from Shenzhen, China.
What to do with your money now that the Fed cut interest rates
The Federal Reserve cut interest rates by a half percent this week and there could be more cuts to come before the end of the year. NBC’s Christine Romans joins TODAY to break down what it means for your bottom line.