Imports from 13 Italian pasta brands, including favorites like Barilla and Rummo are staring down a 107% tariff that could hit grocery store shelves in the United States as early as January. For shoppers, that added tax could mean paying twice as much if Italian companies choose to sell their pastas in the U.S. at all. NBC’s Brian Cheung reports for TODAY on the issue that has some consumers boiling mad.
Category Archives: business
Visa and Mastercard Reach $38 Billion Swipe Fee Settlement
Visa and Mastercard have announced a $38 billion settlement with retailers who accuse the card networks of charging too much to accept their credit cards. Under the settlement, the credit card companies would lower their swipe fees by about one tenth of a percent over five years.
Trump says he’s ‘not happy’ with air traffic controllers who wouldn’t work without pay during shutdown
The president, whose staff explored ways to skirt a law requiring backpay for federal workers after the shutdown ends, insisted “they all knew the money is coming.”
The hack on Jaguar Land Rover was so bad that it hurt the U.K.’s GDP, Bank of England says
A hack affecting British car manufacturer Jaguar Land Rover has been so bad that it put a dent in the U.K.’s gross domestic product, the Bank of England said.
Flight delays aren’t slowing down despite move to end shutdown
There may soon be an end to the government shutdown that has been causing massive flight delays for weeks, but the travel nightmare caused by the political chaos in Washington showed no signs of abating Monday
Trump threatens legal action, BBC apologizes for speech edit after top execs quit
President Donald Trump has threatened the BBC with legal action after Director-General Tim Davie, and news CEO Deborah Turness resigned.
Take Charge of Your Spending Habits With These Tips
From defining your financial goals to tracking your spending and paying off debt, Yanely Espinal, director of educational outreach at Next Gen Personal Finance, joins TODAY with tips taking charge of your spending habits you can enjoy a better financial quality of life.
Trump doubles down on the economy despite a strong rebuke from voters
Even as Republicans have started to feel political heat on economic issues, Trump has continued to insist that the economy is better than ever.
Google will integrate Kalshi and Polymarket predictions into its finance AI tools
Google will begin including so-called “prediction market” odds in its Google Finance upgrade, supplied by the online betting sites Kalshi and Polymarket, the company said late Thursday.
Trump accuses meatpackers of price-fixing as DOJ launches investigation
The Trump administration said Friday it would launch an investigation into whether major meatpacking companies are illegally influencing beef markets amid soaring prices