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Categories Business

Traders see the odds of a Fed rate cut by September at 100%

Author July 17, 2024

Traders are now 100% certain the Federal Reserve will cut interest rates by September. There are now 93.3% odds that the Fed’s target

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Categories Business

Delta says the Olympics will cost it $100 million as travelers skip Paris

Author July 13, 2024

For more than 10,000 Olympic athletes, making it to Paris this summer is a dream come true. Thousands of potential tourists feel

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Categories Business

Redbox set to close as DVD market withers in streaming’s shadow

Author July 13, 2024

DVD rental service Redbox is set to shut down after 22 years in business, as streaming continues to dominate the at-home entertainment

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Categories Business

Pepsi and Delta say consumers are hunting for value

Author July 12, 2024

Post-pandemic consumer splurging is rapidly coming to a halt, according to two widely followed U.S. companies — more evidence that the U.S.

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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

As inflation cools, Social Security could pay out a smaller COLA increase

Author July 12, 2024

Price growth is cooling across the economy. While that is good news for consumers, the timing of this progress on inflation could

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Categories Business

NFL open to private equity team ownership of up to 10%, Commissioner Roger Goodell says

Author July 12, 2024

The National Football League is considering allowing minority private equity ownership for its 32 teams of up to 10%, Commissioner Roger Goodell

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Categories Business

Rate cuts before the year’s end could make your next trip abroad more expensive

Author July 12, 2024

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

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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

S&P 500 closes above 5,600 for the first time, lifted by gains in Big Tech

Author July 11, 2024

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

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