Target’s profit fell by around 50% in its fiscal third quarter as it cleared through unwanted inventory and sales slowed heading into the holidays, prompting
Category Archives: business
Feast for less with no fuss with these Thanksgiving tips
With just about a week until Thanksgiving, NBC’s senior consumer and investigative correspondent Vicky Nguyen shares essential tips to save time and money at the grocery store ahead of the holiday.
Over a decade after founding Grindr, Joel Simkhai wants a do-over
When Joel Simkhai left Grindr five years ago, he had a lot of time to think.
Ticket sales for Taylor Swift tour reignite fan frustration over Ticketmaster
Ticketmaster’s homepage was knocked offline Tuesday ahead of what is expected to be a crush of demand for tickets to Taylor Swift’s “Eras” tour.
Musk fires Twitter engineers after critical posts on Twitter and Slack
Elon Musk has fired a group of Twitter engineers, some of whom posted critical comments either on the social network or on its internal Slack messaging system,
What’s a cowboy-cation? Donna Farizan explores hot travel trend
Demand for vacation rentals in Western destinations have increased by more than 30% this year. TODAY’s Donna Farizan shares what it was like to spend time on a cowboy-cation and check out life on a ranch. (Sponsored by VRBO)
Walmart agrees to pay $3.1 billion over the sale of opioids sold at its pharmacies
Walmart proposed a $3.1 billion legal settlement on Tuesday over the toll of powerful prescription opioids sold at its pharmacies.
Airfares soar 40% ahead of busy holiday travel season
Airfares are up a staggering 40% from the same time last year as Americans head into the holiday season. NBC’s Sam Brock reports for TODAY with advice from experts for finding affordable tickets.
Amazon reportedly plans to lay off 10,000 employees
Amazon is expected to lay off 10,000 workers starting this week, according to a report from the New York Times. It amounts to 3 percent of its workforce and the biggest staff reduction in the company’s history. NBC’s Stephanie Gosk reports for TODAY.
Yellen says she expects inflation will return to normal levels 'over the next couple of years'
Treasury Secretary Janet Yellen said she anticipates inflation will recede to normal levels over the next two years, down from from near four-decade highs.