Despite its fragile status, the ceasefire between the United States and Iran helped stocks rebound on Wednesday with all three major indices surging on the news. But oil prices are inching back up again, raising concerns. NBC’s Brian Cheung joins TODAY on what that means for gas prices and the ripple effects on groceries, airfares and more.
Category Archives: business
How Trump’s tax law boosts the wealthy and leaves behind some workers he promised to help
President Donald Trump pledged “no tax on tips, no tax on overtime, no tax on Social Security.” For some who are filing their taxes this year, the reality is different.
Former Army employee charged with leaking classified info to journalist
Courtney Williams was named in a magazine article that included details of her allegations of being harassed and retaliated against while working in a covert unit.
Man arrested in American woman’s disappearance in Bahamas, local police say
A man who said his wife fell from a boat in the Bahamas has been arrested, his attorney said Thursday, five days after she was reported missing in the Caribbean nation.
Stock market rebounds, oil prices drop following ceasefire
Wall Street bounced back big after the de-escalation of the war with Iran. Oil prices plunged by 16%, the largest drop since 2020. That means gas prices could soon drop too. NBC News’ Brian Cheung reports.
Graphic: Track U.S. and state gas prices
Are gas prices declining yet? NBC News is tracking national and state prices at the pump.
As U.S. and Iran agree to a ceasefire, what’s actually in the deal — and will it last?
President Donald Trump pulled back from his threats to destroy the Iranian civilization, Tehran celebrated what it framed as a victory and markets soared on news that the Strait of Hormuz could reopen.
Oil plunges on Iran ceasefire news, setting the stage for some relief on gas prices
Stocks roared higher after President Trump announced a two-week ceasefire with Iran. Oil prices fell sharply and gas prices are expected to follow.
Tax Day Is 1 Week Away: Last-Minute Tips to Know Before Filing
Tax day is one week away, so NBC’s Christine Romans joins TODAY to share last-minute tax tips if you’re scrambling to get your forms together before filing day. She breaks down the new changes to deductions and credits for this year, the size of average refunds and more.
How Markets Are Reacting as the US-Iran Ceasefire Takes Hold
As Americans across the United States cope with the soaring price of gas due to the ongoing conflict in the Middle East, NBC’s Christine Romans joins TODAY to break down how the fragile two-week ceasefire between the United States and Iran is impacting Wall Street and gas prices.