Inflation held steady in February — but offered little clarity for Federal Reserve officials navigating an economic landscape altered by the Iran war.
Category Archives: business
TSA worker says his family is paying the price for his working without pay
Facing eviction, mounting bills, and with no paycheck in sight, a desperate Transportation Security Administration worker based at an airport in upstate New York sent an SOS to the two senators who represent his state.“I basically asked them for help,” Anthony Riley, a 58-year-old married father of three, told NBC News on Wednesday.
Major, multi-country oil release deal fails to bring down petroleum prices
Dozens of countries agreed to release 400 million barrels of oil from their reserves. But oil prices still didn’t go down.
February inflation rate at 0.3% month over month and 2.4% year over year
In February, inflation rose by 0.3% month over month and 2.4% year over year. NBC News’ Brian Cheung reports on the latest economic data, which comes from before the war in Iran began.
Inflation was steady in February before Iran war drove up gas prices
Inflation was steady in February, right before the Iran war rattled global energy markets and sent prices skyrocketing.
Live Nation and states ordered to hold settlement negotiations in antitrust case
A federal judge ordered Live Nation to engage in settlement talks with a group of state attorneys general who accuse the live entertainment behemoth of illegally dominating the industry.
Ohio judge rules that Kalshi is sports betting and must adhere to state law
An Ohio federal judge on Monday said she’s obligated to “avoid absurdity” and ruled that Kalshi’s prediction markets in sports amount to acts of gambling — which should come under state regulations
Oil prices volatile on conflicting reports about Strait of Hormuz
Oil prices are volatile on conflicting reports about security in the Strait of Hormuz
How prediction markets are spawning an entire trading industry
Prediction markets like PolyMarket and Kalshi are hitting valuations in the tens of billions as Gen Z entrepreneurs look to take advantage of betting on the uncertainties of life. NBC News’ Allie Canal reports on how the budding trade markets could also be reined in.
Live Nation settles antitrust case with DOJ, avoids Ticketmaster breakup
Live Nation settles antitrust case with Justice Department; Ticketmaster avoids breakup