Editor’s note: This is part of NBC News’ Checkbook Chronicles, a series of profiles highlighting the financial realities of everyday Americans. Doug Sharp isn’t a rich man — but he has played one in Hollywood. Sharp, 59, lives in Los Angeles and until recently got the bulk of his income by driving for Uber and Lyft while moonlighting as a ...
Post-pandemic consumer splurging is rapidly coming to a halt, according to two widely followed U.S. companies — more evidence that the U.S. economy is likely in for a period of slower economic growth. Pepsi and Delta Air Lines both offered subdued financial outlooks as they reported quarterly earnings Thursday, and both cited the same reason: Customers are now becoming more ...
The National Football League is considering allowing minority private equity ownership for its 32 teams of up to 10%, Commissioner Roger Goodell said in an exclusive CNBC interview Thursday. “As sports evolve, we want to make sure our policies reflect that,” Goodell said in an interview with CNBC’s Julia Boorstin at Allen & Co.’s annual Sun Valley Conference. “We’ve had ...
Editor’s note: This is part of NBC News’ Checkbook Chronicles, a series of profiles highlighting the financial realities of everyday Americans. Doug Sharp isn’t a rich man — but he has played one in Hollywood. Sharp, 59, lives in L.A. and until recently got the bulk of his income by driving for Uber and Lyft, while moonlighting as a paid ...
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. That’s due to how interest-rate policy affects the strength of the U.S. dollar. Here’s the basic idea: An environment of rising U.S. interest rates relative to those in other nations is generally “dollar positive,” said Jonathan Petersen, senior markets economist ...
A manhunt is underway in north London for a man suspected of being armed with a crossbow, after three women were killed Tuesday evening. Police said they were searching for a 26-year-old man, named as Kyle Clifford, in connection with the deaths, who could be in north London or the neighboring county of Hertfordshire. Police were called to a house ...
Three days after the second round of France’s snap parliamentary election ended in gridlock, President Emmanuel Macron broke his silence to urge mainstream parties to form a solid majority in the National Assembly and shut out the extremes. France’s vote, which Macron unexpectedly called after his party was trounced by Marine Le Pen’s far-right National Rally (RN) party in last ...
China is a “decisive enabler” of Russia’s war against Ukraine, NATO leaders said Wednesday, as the defense alliance hardens its stance on Beijing and the “systemic challenges” they say it poses to their countries’ security. The joint declaration marks NATO’s most pointed tone yet on China’s role in a war that has galvanized the 75-year-old bloc, which celebrated its anniversary this week ...
Pakistan is extending the stay of nearly 1.5 million registered Afghan refugees – but its mass deportation of “illegal immigrants” will continue, authorities said. Afghan refugees in Pakistan with Proof of Registration (POR) cards will be able to stay in the country until June 30, 2025, Prime Minister Shehbaz Sharif’s office said Wednesday. The fate of 1.45 million refugees whose ...
A case of a rhino with a bullet hole through its head, a poisoned giraffe and a maimed lion are all crime scenes you might find you might find at the Wildlife Forensics Academy (WFA), an hour’s drive north of Cape Town, South Africa. On a mission to tackle poaching, the WFA recreates wildlife crimes in a warehouse and students ...