U.S. Steel is working on a comeback as a deal with Nippon brings in new investment and opportunities for growth. Beth Hammack, the president of the Federal Reserve Bank of Cleveland, tours a U.S. Steel plant with NBC News’ Brian Cheung and speaks about the challenges facing the industry.
Category Archives: business
Home loans, gas, groceries: How the Iran war could upend Trump’s touted economic gains
President Donald Trump’s State of the Union speech pointed to economic bright spots. The Iran war threatens to dim them.
Shipping slows through Strait of Hormuz, threatening to snarl global trade
The Strait of Hormuz, normally jammed with oil tankers and cargo ships, has been nearly emptied by the war in the Middle East.
Trader Joe’s recalls over 36M pounds of product after glass found in rice
A recall of Trader Joe’s food products that may contain glass was significantly expanded on Tuesday to more than 36 million pounds nationwide, officials said
McDonald’s and Burger King are beefing over CEO’s viral video. Wendy’s just entered the spat.
A video of McDonald’s CEO Chris Kempczinski trying the new Big Arch burger got roasted online; Burger King then posted a video of its president eating a Whopper.
Steps to Take Now to Boost Your Credit Score
Credit scores can make a big difference in your finances so NBC’s Christine Romans joins TODAY with tips for improving your score — beginning with knowing the factors, getting an annual check of your score, closing cards that can hurt your credit, and more.
Gas Prices Spike as War Expands and Escalates in Middle East
The Middle East conflict is once again sending gas prices soaring as Wall Street braces for another roller coaster day. NBC’s Christine Romans joins TODAY to break down the economic impact and how the Trump administration is responding to Iran’s closure of the Strait of Hormuz.
Iran strikes risk more voter frustration on the economy with rising gas prices
Barely a week after President Donald Trump hailed falling gas prices as one of his economic triumphs, his actions are sending the cost per gallon back up
Live Nation argues it’s not a monopoly during DOJ antitrust trial
An attorney for Live Nation, Ticketmaster’s parent company, pushed back against the government’s claim that it is an “unlawful monopoly,” stating in court on Monday that it is a “fierce, lawful competitor” in a “competitive market.”
How Live Nation Antitrust Trial Could Impact the Prices of Tickets
A new trial is underway that could transform the ticketing industry with the Department of Justice arguing that Live Nation, the owner of Ticketmaster, operates a monopoly in direct violation of anti-trust laws. Reporting for TODAY, NBC’s Savannah Sellers breaks down what to expect from the trial and whether cheaper concert tickets could be on the horizon.