Economy
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...
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As inflation cools, Social Security could pay out a smaller COLA increase
Price growth is cooling across the economy. While that is good news for consumers, the timing of this progress on...
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Fed Chair Powell says holding rates high for too long could jeopardize economic growth
Federal Reserve Chair Jerome Powell on Tuesday expressed concern that holding interest rates too high for too long could jeopardize economic growth....
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People are earning more from side gigs and needing them less
Side hustlers are hustling a little less but making more when they do. About 36% of U.S. adults say they...
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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,...
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Walmart is opening five automated distribution centers as it tries to keep its grocery dominance
Walmart said Wednesday that it will open five automated distribution centers for fresh food across the country, as the retailer chases...
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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 —...
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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...
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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....
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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...
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