When pandemic aid that has boosted food-stamp benefits gets cut next week, millions of low-income Americans will confront smaller balances in the accounts they use to pay for groceries, leaving food banks bracing for a…
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Business
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A measure the Federal Reserve watches closely to gauge inflation rose more than expected in January, indicating the central bank has more work to do to bring down prices. The personal consumption expenditures price index…
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One year after Russia invaded Ukraine, many of the largest U.S. companies say their moves to suspend operations or withdraw from Russia remain in effect. An NBC News review of the 30 companies that make…
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Two million Cosori brand air fryers are being recalled following hundreds of reports that the machines caught fire and caused burns, the U.S. Consumer Product Safety Commission announced Thursday. A faulty wire connection prompted the…
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Starbucks’ new line of olive oil-infused coffee drinks could disrupt the industry, interim CEO Howard Schultz told CNBC’s Jim Cramer on Tuesday. “This is a transformational moment in the history of our company creating a new…
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The Biden administration has announced new measures it says could help make buying and owning a home more affordable for hundreds of thousands of people. The plan will cut mortgage insurance costs by 30% for…
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Starbucks’ new line of olive oil-infused coffee drinks could disrupt the industry, interim CEO Howard Schultz told CNBC’s Jim Cramer on Tuesday. “This is a transformational moment in the history of our company creating a new…
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Southwest Airlines experienced more flight delays and cancellations than other carriers as another winter storm in the northern U.S. disrupted flight travel across the country early Wednesday. According to data from FlightAware, Southwest Airlines was…
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A group of Tesla workers in Buffalo, New York, have filed a complaint with the National Labor Relations Board accusing the electric carmaker of firing at least 30 workers in response to their union organizing…
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Goldman Sachs and Bank of America said they expect the U.S. Federal Reserve to raise interest rates three more times this year, lifting their estimates after data pointed to persistent inflation and a resilient labor…