TikTok CEO Shou Chew told employees that owner ByteDance had signed binding agreements to create a new joint venture for the app in the United States.

Paramount has signed a 10-year lease to build a studio in New Jersey. The state, which holds a prominent place in the country’s cinematic history, has passed tax incentives for production in-state. Paramount is not the only company breaking ground in the Garden State, with Netflix recently beginning construction on a 300-acre compound. NBC News’ Chloe Melas reports on the future of film and TV in New Jersey. 

The joy of holiday gift-giving also comes with the pain of returns and exchanges. NBC’s Vicky Nguyen joins TODAY with what you need to know about the changing store policies, including shorter deadlines, gift receipts, keeping track of refunds, and more.

No tickets matched all six numbers for Wednesday’s Powerball drawing, so the jackpot is now up to $1.5 billion which is the fifth largest in history. The next drawing is set to take place on Saturday.

For the second year in a row, North Korea’s vast cryptocurrency hacking operation has broken its own record, stealing $2.02 billion in 2025, new research says

Inflation in November fell to 2.7%, the Bureau of Labor Statistics said Thursday, a positive sign for consumers on its face.

President Donald Trump’s rapid-fire series of claims about the economic, military and societal impact of the first year of his second administration

The president blamed the Biden administration for high prices and insisted his own policies are working, despite many Americans saying they’re struggling financially.

For many people in the U.S., this winter is getting colder — and staying warm is getting more expensive.

Federal Communications Commission Chair Brendan Carr, testifying Wednesday before a Senate committee, said the regulatory body is not an independent government agency — a position that counters his previous public statements and the office’s own website