Walgreens announced Wednesday it would continue to cut prices on 1,300 items — making it the latest company to pivot to value amid signs U.S. consumers are experiencing spending fatigue.
Category Archives: business
Save money by going green with these eco-friendly home upgrades
Whether you’re settling into a new home or looking to improve your current one, going green could put money back in your pocket so NBC’s Christine Romans joins TODAY to share eco-friendly home upgrades that can help you save.
Inflation pressure lingering from pandemic is keeping Fed rate cuts on pause
WASHINGTON — Hopes for interest rate cuts this year by the Federal Reserve are steadily fading, with a stream of recent remarks by Fed officials underscoring their intention to keep borrowing costs high as long as needed to curb persistently elevated inflation.
Consumer confidence rises in May but inflation worries remain
Consumer confidence rose in May for the first time in three months according to a report by the Conference Board that shows while Americans’ attitudes towards the labor and stock market improved, worries over inflation and rising interest rates remain. NBC’s Christine Romans reports for TODAY.
U.S. aid deliveries to Gaza by sea suspended after damage to temporary pier
The U.S. military has been forced to suspend aid deliveries into the Gaza Strip by sea after its temporary pier system off Gaza’s coast suffered damage in bad weather.
Democrats plan to nominate Biden virtually to avoid missing Ohio’s ballot deadline
The Democratic National Committee plans to hold a “virtual roll call” to nominate President Joe Biden before the convention to ensure he appears on Ohio’s ballot.
U.S. announces changes to give Cuba’s private sector, small businesses more financial support
The U.S. Treasury Department announced regulatory changes to allow more American financial support for Cuba’s nascent private sector and bolster access to U.S. internet-based services, limited but timely measures that officials said would help give the island’s budding small businesses a leg up.
Shaking seats and piped-in fog: How 4DX is carving out a niche moviegoing market
In George Miller’s new Mad Max film “Furiosa,” a red paint flare explodes and casts the theater screen in a saturated crimson cloud.
FTX exec who turned on Sam Bankman-Fried sentenced to 7.5 years in prison
Ryan Salame, a former top lieutenant of FTX founder Sam Bankman-Fried, has been sentenced to 90 months, or seven and a half years, in prison, followed by three years of supervised release.
McDonald’s might never expand CosMc’s. But the spinoff could still pay dividends
Nearly six months since McDonald’s opened its first CosMc’s location, the hours-long drive-thru lines have died down, but the chain is just getting started.