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 slower economic growth. Pepsi and…
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Business
He plays rich on screen but dreams of full-time work: ‘Why can’t I get a living wage?’
by adminEditor’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 has played one in Hollywood.…
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Price growth is cooling across the economy. While that is good news for consumers, the timing of this progress on inflation could end up short-changing seniors and other Social Security recipients when they learn their…
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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 U.S. dollar. Here’s the…
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Business
He plays rich on screen, but dreams of full-time work: ‘Why can’t I get a living wage?’
by adminEditor’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 has played one in Hollywood.…
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Business
NFL open to private equity team ownership of up to 10%, Commissioner Roger Goodell says
by adminThe 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 sports evolve, we want to…
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World News
NATO allies call China a ‘decisive enabler’ of Russia in Ukraine war as bloc eyes Asia security threats
by adminChina is a “decisive enabler” of Russia’s war against Ukraine, NATO leaders said Wednesday, as the defense alliance hardens its stance on Beijing and the “systemic challenges” they say it poses to their countries’ security. The joint…
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World News
Macron urges new mainstream coalition, appearing to rule out working with the far left
by adminThree days after the second round of France’s snap parliamentary election ended in gridlock, President Emmanuel Macron broke his silence to urge mainstream parties to form a solid majority in the National Assembly and shut…
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South Korea is beginning the mass production of a low-cost laser weapon that has successfully shot down small drones during testing, the country’s key arms agency said Thursday. The laser weapon, called Block-I, “can precisely…
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World News
Fake blood and stuffed animals: How wildlife forensics could help to convict poachers
by adminA case of a rhino with a bullet hole through its head, a poisoned giraffe and a maimed lion are all crime scenes you might find you might find at the Wildlife Forensics Academy (WFA),…