The United States economy is showing surprising signs of resilience despite the continuing war in Iran. The jobs report released on Friday showed 115,000 jobs were added in April with the unemployment rate remaining steady at 4.3 percent. NBC’s Allie Canal reports for Saturday TODAY.
Category Archives: business
How a massive hack on school software disrupted classes across America
Schools across America continued to flounder Friday after a massive cyber attack that’s thrown final exam schedules and classroom activities into chaos.
ABC accuses Trump administration of violating free speech rights
The Trump administration is violating ABC’s free speech rights with a regulatory action focused on “The View,” the broadcast network argued in an FCC filing.
What’s a Blind Box and Why Are Big Brands Following the Trend?
The “blind box” trend is where consumers purchase a mystery box, not knowing what’s inside, with the hopes of hitting it big. Now major brands including Crocs and NYX Cosmetics are cashing in on the $20 billion industry. Reporting for TODAY, NBC’s business correspondent Brian Cheung breaks down the craze behind these nostalgic surprise treats that range from novelty toys to snacks, books, makeup, plants and more.
U.S. added 115,000 jobs in April as economy contends with Iran war impact
The U.S. economy added 115,000 jobs in April, a sign that the labor market retained its resiliency even in the face of a global energy shock triggered by the Iran war.
DOJ probing trades in oil futures and prediction markets just ahead of major Iran war news
The Justice Department and the CFTC are probing a series of highly profitable oil market trades made just ahead of major policy announcements on the Iran war.
Source: DOJ investigating suspicious oil trades timed around Iran war
The Justice Department is investigating a series of oil market trades that right before important moves related to the war with Iran. At least four trades worth $2.6 billion are being examined. NBC News’ Allie Canal explains the timing of the bets.
Ryan Serhant Helps Boston Mom Find New Home For Her Family
Ryan Serhant, luxury real estate broker and star of the hit Netflix show “Owning Manhattan,” takes TODAY’s Jenna Bush Hager and Sheinelle Jones on a real estate hunt to help a single mom of three named Jeyris find a new home in Boston for her growing family. See which one she picks!
Ted Turner managed one Braves game — and forever changed professional sports
Ted Turner, the media tycoon who died Wednesday, had a unique business sense that led him to (among other things) create America’s first 24-hour cable news channel, establish the concept of a “superstation” and pocket many billions of dollars
Ted Turner, billionaire media mogul and CNN founder, dies at 87
Ted Turner, the high-flying media tycoon, entrepreneur and philanthropist who founded CNN and revolutionized American cable television, died on Wednesday, according to his private holding company.