Economy
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IRS vows to race $10 billion in delayed Covid aid to help hurricane-hit businesses
After long waits for backlogged Employee Retention Credit funds, hundreds of thousands of entrepreneurs should start receiving the aid soon, federal officials say.
The Fed is finally cutting rates, but banks aren't in the clear just yet
While all banks are expected to ultimately benefit from the Fed’s easing cycle, the timing and magnitude of the shift are unknown.
Inflation cools to lowest level since February 2021
The average U.S. household has been out-earning inflation for the last two years, though many are still adjusting to prices that have climbed more than 21% altogether since early 2020.
The Tropicana crumbles as Las Vegas goes all in on sports and entertainment
No stranger to reinvention, Sin City is pushing to offer more high-end experiences beyond gambling: “We have moved away from being a value-based destination.”
Harris' mission critical in final push: Wipe out Trump's advantage on the economy
A Harris aide told NBC News it will be her main focus in the closing weeks as Democratic strategists say she must fight Trump to a draw on the economy — or risk losing the election.
Battered but open for business, the Great Smoky Mountains need tourists
Operators face a wave of cancellations during their peak season as they stare down steep repair costs, but say “it feels a little unethical” to court visitors while neighbors struggle.
U.S. adds 254,000 jobs and unemployment declines, blowing away expectations
Hiring sped up in September, while August's total was revised higher, as scrutiny on the economy increases ahead of the election.
Asheville's vibrant arts scene powered its economy — now much of it lies in ruins
“My entire portfolio is in the river somewhere,” one visual artist said after floodwaters from Hurricane Helene destroyed over a dozen local studios.
Port strike squeezes banana supplies, but most grocery shelves should be well stocked for weeks
Retailers and industry experts say consumers don’t need to hoard toilet paper or resort to panic-buying essentials.
East and Gulf coast ports shut down as thousands of workers go on strike
Longshoremen are demanding higher pay and protections against automation.
U.S. port strike could have huge impact on global supply chain
It's the latest blow to maritime trade following conflict in the Red Sea, a drought at the Panama Canal and the Baltimore bridge collapse.
