J.J. McCorvey
Business and Economy Reporter at NBC News
Covering business & the economy for @NBCNews. Prev: @WSJ, @FastCompany, @Inc. TLDR: News, comics, drag race, the culture. Be kind to people.
Articles
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2 weeks ago |
yahoo.com | J.J. McCorvey
Rob Haskell was hoping a new rule would shield his credit report from thousands of dollars in bills for recent heart procedures. Instead, he’s bracing for impact from President Donald Trump’s push to slash financial regulations. “I’ve always had medical debt hanging over me but, you know, it’s just completely unmanageable,” Haskell said in late May.
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1 month ago |
nbcnews.com | Rich Bellis |J.J. McCorvey |Jay Blackman
May 22, 2025, 4:49 PM EDTThe Federal Trade Commission voted to dismiss a lawsuit filed in the last days of the Biden administration that had accused PepsiCo of offering sweetheart pricing to big retailers. FTC Chairman Andrew Ferguson had dissented to the suit at the time it was filed in January, while serving one of the regulator's commissioners.
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1 month ago |
nbcnews.com | Steve Kopack |J.J. McCorvey
May 21, 2025, 8:28 AM EDTRaising prices on consumers to cover the costs of President Donald Trump's tariffs will be Target's "very last resort," CEO Brian Cornell said Wednesday. The remarks came as Target reported weaker-than-expected sales in its first quarter and cut its full-year sales forecast. The retailer, whose business hasn’t fared as well against rivals better known for bargain prices, still has “many levers to use in mitigating the impact of tariffs,” Cornell said.
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1 month ago |
nbcnews.com | J.J. McCorvey
May 20, 2025, 11:40 AM EDTKlarna’s customers are having a harder time paying back the installment loans they take out with the popular "buy now, pay later" service. The Swedish company’s net losses doubled in the first quarter even as its user base and revenue grew, Klarna reported Monday, weeks after pausing its plans to go public over concerns about tariffs and economic uncertainty.
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1 month ago |
flipboard.com | J.J. McCorvey
Trump officials set new requirements for COVID vaccines in healthy adults and childrenWASHINGTON (AP) — Annual COVID-19 shots for healthy younger adults and children will no longer be routinely approved under a major new policy shift unveiled Tuesday by the Trump administration. Top officials for the Food and Drug Administration laid out new requirements for yearly updates to COVID …
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