The outlook for the global economy is growing slightly brighter as China eases its zero-Covid policies and the world shows surprising resilience in the face of high inflation, elevated interest rates and Russia’s ongoing war against Ukraine.
Category Archives: business
Southern ice storm prompts cancellation of more than 800 flights
An ice storm sweeping over parts of the southern U.S. has prompted the cancellation of approximately 865 domestic flights over the past 24 hours
Ford will cut prices for EV Mach-E following Tesla price slash
Ford Motor announced a price cut of its electric Mustang Mach-E crossover following a similar move by Tesla. CNBC’s Deirdre Bosa reports on how this could affect Ford’s profits.
TikTok CEO to testify before Congress in March amid app security questions
TikTok CEO Shou Zi Chew will appear before Congress in March to field questions about the viral video app’s security measures amid mounting efforts to ban it because of privacy concerns.
Tesla car battery 'spontaneously' catches fire, requiring 6,000 gallons of water to put it out
A Tesla car battery “spontaneously” burst into flames on a California freeway Saturday, and firefighters needed 6,000 gallons of water to put it out.
Ford cuts prices on electric Mustang Mach-E, following Tesla's lead
DETROIT — Ford Motor is increasing production and cutting prices of its electric Mustang Mach-E crossover, weeks after industry leader Tesla announced similar plans for its EVs.
Adani accuses short-seller Hindenburg of attacking India
India’s Adani Group, run by Asia’s richest man, has hit back at a report from U.S.-based short-seller Hindenburg Research, calling it “malicious,” “baseless” and full of “selective misinformation.”
Ford now recalling 462,000 SUVs due to rear camera issue linked to at least 17 accidents
Ford is recalling 462,000 sport utility vehicles whose potentially faulty rear-view cameras have been linked to at least 17 accidents.
With fraud on the rise, experts urge taxpayers to file their tax returns early
If you’ve been debating whether to file your taxes early this year, tax experts say there are now several reasons that might be a good idea.
Hacks and apps to help you stretch your budget
With a little planning, there are simple ways to cut your costs on everything from clothes and food to household items. NBC’s Vicky Nguyen reports for TODAY on clever ways to save.