The Supreme Court weighs the legality of tariffs that have raised costs on clothing, toys, cars, liquor and much more.
Category Archives: business
Supreme Court appears skeptical of Trump’s tariffs argument
The Supreme Court is weighing whether President Donald Trump has the authority to impose sweeping tariffs on imports under a law designed for emergencies.
California voters approve Democratic-drawn congressional map
California voters have approved a new congressional map drawn by state Democrats, NBC News projects, giving the party the chance to gain up to five House seats in next year’s midterm elections and counter Republican redistricting efforts in other states
International stocks slide as concerns about AI and tech company values spread
International markets plunged Tuesday night, as stocks across the Asia-Pacific region sold off on worries about the sky-high values of AI and tech companies.
Stocks and crypto tumble after CEOs raise concerns of a market pullback
The global stock rally hit a wall Tuesday, dragged lower by artificial intelligence and tech companies
U.S. may close parts of airspace if shutdown continues, transportation secretary warns
Transportation Secretary Sean Duffy said Tuesday that the U.S. might be forced to close parts of its airspace if staffing shortages amid the government shutdown continue
McDonald’s Is Rounding Cash Payments Due to Penny Shortage
A shortage of pennies has retailers and restaurants across the United States struggling to make change. Earlier this year, President Donald Trump ordered the Treasury Department to stop producing the one-cent coins in a push to cut government spending. Now businesses dealing with cash payments are grappling with what to do when exact change can’t be provided— leading some McDonald’s locations to round up or down. NBC’s Maggie Vespa reports for TODAY.
The cities, counties and trends to track on election night
The Donald Trump era has changed American politics for a decade.
Trump administration says it will partially fund SNAP benefits amid shutdown
On Day 34 of the government shutdown, the Trump administration said it would partially fund the SNAP food assistance program. Meanwhile, delays at airports are mounting for travelers coast to coast. In Houston, there was a second straight day of long TSA lines. Some travelers waited for hours to clear security. NBC News’ Ryan Nobles reports.
Treasury Dept. says inflation is running ‘above target’ as Trump insists there is ‘no inflation’
The Treasury Department says inflation “remained above the target of 2 percent” even as President Trump insists there is “no inflation.”