After warnings that the Iran war would drive up U.S. food prices, new data shows that “Food at home,” otherwise known as grocery bills, rose 0.7% in April.
Category Archives: business
Latest Inflation Numbers Reflect Impact of War With Iran
The surge in energy prices is likely driving inflation to the highest in three years, nearing a 3.8% reading ahead of new numbers to be released on Tuesday. Soaring oil prices from the Iran war have added costs for farmers, ranchers, shippers and small businesses, and economists say we haven’t felt the full effects yet. NBC’s Christine Romans reports for TODAY.
Inflation surged to 3.8% in April, its highest level in nearly three years
Inflation surged to 3.8% in April, its highest level in nearly three years, as the war in Iran causes a ripple effect across the economy and energy prices rise.
Texas accuses Netflix of ‘spying’ on children and designing ‘addictive’ features in new suit
Texas’ attorney general sued Netflix, accusing the streaming firm of “spying on” people in his state and collecting user data without consent.
Map: How much you pay in federal and state gas taxes
As national gas price averages head toward $5 per gallon, one state has already suspended its gas tax, and now President Donald Trump and his Cabinet are talking about doing the same.
Democratic FCC commissioner tells Disney it is the target of a ‘censorship’ campaign
Disney and ABC are the targets of a “campaign of censorship” orchestrated by the Trump administration’s FCC, the lone Democrat on the panel said.
Trump says he would support suspending the federal gas tax
Suspending the federal gas tax would require congressional approval, and it could cost the government billions of dollars in revenue.
Why Nike’s CEO bought $2 million worth of shares at a low point for the company
Nike is in “cleanup mode,” but CEO Elliott Hill has confidence in the iconic American company, he told Craig Melvin for NBC’s “Business in America” series.
Video shows passenger jet fatally strike person on Denver airport runway
Video released Sunday by airport officials shows the moment a Frontier passenger jet struck a person on a Denver International Airport runway.
‘Get in loser, we’re buying Spirit’: One man’s viral plan to revive the airline
Spirit Airlines was the budget-friendly carrier America loved to hate.