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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Business
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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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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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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
The Fed may soon cut interest rates. That could make your next trip abroad more expensive.
by adminThe 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
S&P 500, Nasdaq close at all-time highs ahead of inflation data and second-quarter earnings reports
by adminThe S&P 500 and Nasdaq closed at record highs on Monday as investors await key inflation data to provide further clues about whether this year’s market rally is sustainable. Earnings from some major financial giants and consumer…
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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 1.02%, closing at 5,633.91, and…
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Business
The Fed may soon cut interest rates. That could make your next trip abroad more expensive
by adminThe 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…