Big ticket items like cars, appliances and electronics usually come with some protections, but are they enough? NBC’s Brian Cheung joins TODAY to break down the difference between warranties and guarantees, explain the types of coverage available and share best practices for what to do if you run into an issue with a product.
Category Archives: business
Student Loan Lawsuit Claims Inaccurate Balances From Lenders
Across the United States, more than 40 million Americans are paying off their college loans with nearly $40,000 on average per person. Now, Mohela, one of the nation’s largest debt servicers, is getting a failing grade from borrowers and has faced years of complaints, including one lawsuit impacting eight million people alleging “it grossly mishandles its loan servicing responsibilities.” NBC’s Vicky Nguyen reports for TODAY.
Iran appears to have conducted a significant cyberattack against a U.S. company
An Iran-linked hacker group has claimed responsibility for a cyberattack on a medical tech company in what appears to be the first significant instance of Iran’s hacking an American company since the start of the war between the countries
Trump launches the next phase of his trade wars with new investigations of key partners
The Trump administration will launch a wave of tariff-related investigations against 16 U.S. trade partners, the next phase in a sweeping global trade war
Hundreds of Oklahomans are accusing State Farm of a secret scheme to cheat homeowners
An Oklahoma family’s battle with State Farm over roof damage has drawn the support of state Attorney General Gentner Drummond.
Trump’s war on Iran creates an economic storm for consumers and the Fed
Inflation held steady in February — but offered little clarity for Federal Reserve officials navigating an economic landscape altered by the Iran war.
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.