Pepsi and Delta say consumers are hunting for value
Post-pandemic consumer splurging is rapidly coming to a halt, according to two widely followed U.S. companies — more evidence that the U.S. economy is likely in for a period of…
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He plays rich on screen, but dreams of full-time work: ‘Why can’t I get a living wage?’
Editor’s note: This is part of NBC News’ Checkbook Chronicles, a series of profiles highlighting the financial realities of everyday Americans. Doug Sharp isn’t a rich man — but he…
NFL open to private equity team ownership of up to 10%, Commissioner Roger Goodell says
The National Football League is considering allowing minority private equity ownership for its 32 teams of up to 10%, Commissioner Roger Goodell said in an exclusive CNBC interview Thursday. “As…
Rate cuts before the year’s end could make your next trip abroad more expensive
The U.S. Federal Reserve may start cutting interest rates before year’s end. That could make future trips abroad more expensive for the nation’s travelers. That’s due to how interest-rate policy affects the strength of…
The Fed may soon cut interest rates. That could make your next trip abroad more expensive.
The U.S. Federal Reserve may start cutting interest rates before year’s end. That could make future trips abroad more expensive for the nation’s travelers. That’s due to how interest-rate policy affects the strength of…
Costco hikes membership fee for the first time since 2017
You’ll soon have to pay more if you want to shop at Costco. The membership-based warehouse club said Wednesday that it will increase its membership fee by $5 in the U.S.…
The Fed may soon cut interest rates. That could make your next trip abroad more expensive
The U.S. Federal Reserve may start cutting interest rates before year’s end. That could make future trips abroad more expensive for the nation’s travelers. That’s due to how interest-rate policy affects the strength of…
S&P 500 closes above 5,600 for the first time, lifted by gains in Big Tech
The S&P 500 climbed Wednesday to a fresh record, breaking above 5,600 for the first time, as a sharp rise in semiconductor stocks led the market higher. The broad market index jumped…
Tesla is the new meme stock, according to one billionaire investor
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 up price action,” the former chief investment…
Barcelona protesters throw items and spray travelers with water while shouting ‘tourists go home’
Millions flock to Barcelona, Spain, every year to enjoy a sweet taste of idyllic European life. But over the weekend, thousands of people marched through the streets and sprayed visitors…