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Categories Business

He plays rich on screen but dreams of full-time work: ‘Why can’t I get a living wage?’

Author July 12, 2024

Editor’s note: This is part of NBC News’ Checkbook Chronicles, a series of profiles highlighting the financial realities of everyday Americans. Doug Sharp

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Categories Business

Fed Chair Powell says holding rates high for too long could jeopardize economic growth

Author July 11, 2024

Federal Reserve Chair Jerome Powell on Tuesday expressed concern that holding interest rates too high for too long could jeopardize economic growth. Setting the stage

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Categories Business

People are earning more from side gigs and needing them less

Author July 11, 2024

Side hustlers are hustling a little less but making more when they do. About 36% of U.S. adults say they make extra money

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Categories Business

Barcelona protesters throw items and spray travelers with water while shouting ‘tourists go home’

Author July 11, 2024

Millions flock to Barcelona, Spain, every year to enjoy a sweet taste of idyllic European life. But over the weekend, thousands of

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Categories Business

Walmart is opening five automated distribution centers as it tries to keep its grocery dominance

Author July 11, 2024

Walmart said Wednesday that it will open five automated distribution centers for fresh food across the country, as the retailer chases efficiency and

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Categories Business

Tesla is the new meme stock, according to one billionaire investor

Author July 11, 2024

Longtime investor Bill Gross believes Elon Musk’s Tesla is behaving like a speculative play among retail investors. “Tesla acting like a meme stock — sagging fundamentals, straight

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Categories Business

S&P 500, Nasdaq close at all-time highs ahead of inflation data and second-quarter earnings reports

Author July 10, 2024

The S&P 500 and Nasdaq closed at record highs on Monday as investors await key inflation data to provide further clues about whether this

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Categories Business

Walmart, Chipotle and others feel the heat over prices

Author July 10, 2024

Inflation may be cooling, but consumers’ outrage over higher prices is running hot. TikTok users blasted Walmart for rolling out digital shelf labels

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Categories Business

Paramount merger sparks concern among movie theater owners

Author July 10, 2024

More consolidation, more problems — that’s the latest fear gripping the theatrical industry. After a monthslong negotiation process, Paramount and Skydance have struck a merger agreement.

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Categories Business

S&P 500, Nasdaq close at all-time highs ahead of inflation data and second-quarter earnings reports

Author July 10, 2024

The S&P 500 and Nasdaq closed at record highs on Monday as investors await key inflation data to provide further clues about whether this

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