The National Association of Realtors says the median age of first-time homebuyers in the U.S. has reached 40, an all-time high. This past week, President Donald Trump also floated a 50-year mortgage, up from the standard 30, as a way to help homebuyers. So what has changed in recent years and what are the implications for a generation of young Americans? NBC’s Shaquille Brewster reports in this week’s Sunday Focus.
Category Archives: business
Disney and YouTube strike deal to bring TV channels back to streaming platform
Disney and YouTube announced a deal Friday night to end a blackout that removed ABC, ESPN and other channels from the YouTube TV streaming platform.
How Doug McMillon kept Walmart on top
Outgoing Walmart CEO Doug McMillon has steered the retailer through the e-commerce revolution, a pandemic, high inflation and political upheaval.
Longtime Walmart CEO Doug McMillon to step down in January
Longtime Walmart CEO Doug McMillon will retire at the end of January — a surprise to some given the company’s success in an evolving retail landscape.
Mega Millions Reaches Nearly $1B Ahead of Nov. 14 Drawing
The Mega Millions Jackpot sits at $965 million ahead of its Nov. 14 drawing. Only seven jackpots have eclipsed the billion-dollar-mark, but this has been the longest streak the game has seen without a winner. NBC’s Emilie Ikeda reports for TODAY.
Wall St. Has Worst Day in a Month, Driven by Rise in Foreclosures
Wall Street saw its worst day in more than a month on Thursday, driven by new data showing a rise in foreclosures and mounting corporate layoffs. NBC’s Christine Romans joins TODAY to break down what to know about the volatility in the economy.
Doritos and Cheetos debut ‘NKD’ options, without artificial colors or flavors
PepsiCo announced on Thursday that its Cheetos and Doritos brands will be offering “colorless” alternatives
Trump defends his MAGA bona fides amid backlash from his base
Trump’s once grip on his MAGA political base is showing signs of strain as some of his supporters have started pushing back on White House policy proposals.
Netflix makes a big push into games (again)
Netflix makes a big push into games (again)
Fading chance of December interest rate cut sends stocks tumbling
Stocks tumbled on Thursday as chances of a December rate cut appeared to fade