Wall Street witnessed a turbulent week as tech stocks took investors on a wild ride that heavily impacted market indices and cryptocurrencies as well, highlighting the continued influence of the sector on the market’s overall performance. Meanwhile, Ethereum ETFs officially began trading, triggering surprising fluctuations in the price of Ether,…
The NBA announced a new media deal late Wednesday that would end its long-standing relationship with TNT, while adding and restarting partnerships with Amazon and NBC — expanding the reach of professional hoops but potentially posing new access issues to fans. Starting in the 2025-2026 season, existing partner ABC and…
This is part of NBC News’ Checkbook Chronicles, a series of profiles highlighting the financial realities of everyday Americans. On a hot Georgia afternoon this spring, Nancy Breland was in her yard clearing branches and debris, trying to ward off any potential damage to her home from a large storm…
Southwest Airlines is ending open seating and will offer extra legroom seats on its airplanes as mounting pressure on the carrier to increase revenue prompts the biggest changes to its business model in its 53 years of flying. The airline plans to start selling the first flights that will offer extra…
Boeing’s crew spacecraft Starliner will stay docked with the International Space Station into August, NASA confirmed on Thursday, as the mission remains on hold while the company and agency study problems that arose early in the flight. Starliner capsule “Calypso,” which carried NASA astronauts Butch Wilmore and Suni Williams to…
OpenAI on Thursday announced a prototype of its own search engine, called SearchGPT, which aims to give users “fast and timely answers with clear and relevant sources.” The company said it eventually plans to integrate the tool, which is currently being alpha-tested with a small group of users, into its viral chatbot,…
With interest rate cuts from the Federal Reserve on the horizon, it could be a good time to shift cash, experts say. Traders expect a rate cut in September, according to the CME FedWatch Tool, which could lower the target range for the federal funds rate by a quarter percentage point or more. Meanwhile, many…
An important gauge for the Federal Reserve showed inflation eased slightly from a year ago in June, helping to open the way for a widely anticipated September interest rate cut. The personal consumption expenditures price index increased 0.1% on the month and was up 2.5% from a year ago, in…
Families of hostages held captive in Gaza condemned Benjamin Netanyahu’s speech to the United States Congress, as pressure grows on the Israeli prime minister to agree to a deal to secure their release. “The speech and applause won’t erase the one sad fact: The words ‘Deal Now!’ were absent from…
The death toll from devastating landslides in southern Ethiopia has climbed to more than 250 and could rise as high as 500, the UN warned, citing local authorities. The landslides hit thousands of people in Gofa Zone on Sunday and Monday and are the deadliest ever reported in Ethiopia, Africa’s…