Business

The State Department is reporting an unprecedented 500,000 passport renewal applications each week due to a post-pandemic surge of Americans looking to travel internationally. NBC News’ Tom Costello shares more on the backlog.

A Southwest flight was on its way from Las Vegas to Columbus, Ohio when the captain was unable to fly and the first officer had to take over. Then a pilot from another airline who happened to be on board jumped in to help with radio communications. NBC News’ Kristen Dahlgren shares more.

“I got the message that says, ‘Our call volume is unusually high.’ It says, ‘Your wait time is 847 minutes,’” one customer said. “That’s over 14 hours.”

“You must answer for the bank’s downfall,” the panel’s Democratic chairman and ranking Republican wrote in separate letters to the former bank executives.

The affiliated automakers say a tow hitch harness can ignite while the vehicle is parked or being driven.

The plane most likely crashed in Tennessee when Lara, the pilot, became disoriented in heavy clouds, the NTSB said. Shamblin, Lara and 5 other people were killed

The automaker plans to stop making the current generation early next year but says a successor may be in the works.

The Federal Reserve hiked interest rates today for the ninth time in a row, signaling that despite low unemployment, inflation is too high. The rate increase comes after three recent bank failures. NBC News’ Tom Costello has more details.

There's no sign of progress on how to avert an economically catastrophic debt default.

The treasury secretary made the comments at a Senate hearing and was asked about the Biden administration’s efforts to protect depositors and prevent bank runs.

The central bank is prioritizing its fight against price increases — but warned that recent shakiness in the banking sector could affect consumers and the economy.