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Tesla will lay off more than 10% of global workforce

The U.S. company earlier this month reported its first annual decline in vehicle deliveries since 2020.
Elon Musk at Tesla's "Gigafactory" in Gruenheide, Germany
Elon Musk at Tesla's "Gigafactory" in Gruenheide, Germany
4d ago

Free cash programs spread as more cities expand the anti-poverty safety net

Across the country, city-led guaranteed income programs are delivering unrestricted payments to struggling households, including those ineligible for other aid. Conservative critics are pushing back.
A triptych with various people walking in front of murals in Richmond, Virginia
A triptych with various people walking in front of murals in Richmond, Virginia
4d ago

Trump Media shares end week down nearly 20%, losing billions in market cap

Shares of Trump Media, which owns the Truth Social app, have dropped by 47.4% so far in April, wiping out billions of dollars in the company’s market cap.
Former President Donald Trump's Social Media Company Begins Public Trading On Nasdaq
Former President Donald Trump's Social Media Company Begins Public Trading On Nasdaq
4d ago

Dow tumbles 475 points, S&P 500 suffers worst day since January as inflation woes erupt

Rising oil prices coupled with fresh U.S. imports data added fuel to inflation concerns that have put pressure on the market.
Image: Stock Indices Take Dive Downward As Latest Inflation Data Shows Uptick
Image: Stock Indices Take Dive Downward As Latest Inflation Data Shows Uptick
4d ago

U.S. consumer sentiment falls slightly as outlook for inflation worsens

An increase in gas prices likely contributed to the decline in consumers’ outlook, according to Ian Shepherdson, chief economist at Pantheon Macroeconomics.
NYC Shoppers Ahead of Retail Sales Figures
NYC Shoppers Ahead of Retail Sales Figures
4d ago

Oakland officials vote to include 'San Francisco' in airport's name, despite opposition

Oakland airport officials have said travelers unfamiliar with the region fly into San Francisco’s airport even if their destination is closer to the Oakland airport across the Bay.
Image:
Image:

Amazon owes $525 million in cloud-storage patent fight, U.S. jury says

Kove alleged that AWS’ Amazon S3 storage service, DynamoDB database service and other products infringed the cloud-storage patents.
a conference hosted by Amazon Web Services
a conference hosted by Amazon Web Services
6d ago

Burning rubber: How auto insurance prices have fueled inflation

Drivers in the U.S. are now paying nearly $200 a month on average for full coverage.
Traffic on the 405 freeway in Los Angeles on April 2, 2024.
Traffic on the 405 freeway in Los Angeles on April 2, 2024.

Trump Media director accused of 'hacking' files in attempted corporate 'coup', lawsuit alleges

Investment firms led by the former CEO of the SPAC that merged with Donald Trump’s media company allege that their files were hacked and stolen by a current member of the media company’s board of directors.
Donald Trump walks out to speak during a campaign rally
Donald Trump walks out to speak during a campaign rally

Owners of bowling alley in mass shooting vow to reopen it as 'a safe place again'

Eight people at Just-In-Time Recreation in Lewiston, Maine, were killed in the October massacre. Owners Justin and Samantha Juray plan to reopen it in May.
Justin Juray with his wife Samantha who bought Just-In-Time Recreation in Lewiston in May 2021.
Justin Juray with his wife Samantha who bought Just-In-Time Recreation in Lewiston in May 2021.

Inflation in America: Where are prices rising and falling?

NBC News is tracking monthly inflation levels for gas, flights, groceries and more.

Latest on NBC News