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Jing Feng

Producer, Business and Economy Unit at NBC News

Featured in: Favicon nbcnews.com

Articles

  • 3 days ago | nbcnews.com | Joe Murphy |Rich Bellis |Jing Feng

    Egg prices are stabilizing after a sharp run-up earlier this year, but grocery shoppers are already getting used to shelling out more for those and other pantry staples. After peaking at $6.55 in mid-March, a dozen eggs sold for an average of $5.45 nationwide as of the week ending April 19, according to the latest data available from the market research firm NIQ.

  • 2 weeks ago | nbcnews.com | Jing Feng |Brian Cheung |Steve Kopack

    The Trump administration wants to bring more auto manufacturing back to the United States with stiff tariffs. That could mean untangling supply chains that crisscross the border repeatedly, leaving some industry players unsure how their bottom lines will be affected. Take Brendan Lane’s striker plates, which move between the United States and Canada four times before they’re installed.

  • 3 weeks ago | nbcnews.com | Jing Feng |J.J. McCorvey |Jasmine Cui |Joe Murphy

    New home sales are rising, but builders are tapping the brakes as the trade war and broader economic uncertainty grip the industry. Sales of new homes rose 7.4% from February to March, according to federal data released Wednesday, as buyers took advantage of somewhat lower mortgage rates and a wider supply of properties to choose from. But rates have already begun inching back up, and homebuilders are bracing for a slowdown ahead.

  • 3 weeks ago | nbcnews.com | Jing Feng |Christine Romans |Jasmine Cui

    The youngest U.S. homebuyers aren’t so young anymore, as a forbidding market turns first-time house hunting into an activity for people nearing 40. “No one in their young 20s are buying homes,” said Ricky Voong, a real estate agent in Southampton, Pennsylvania, who has noticed his clientele getting older lately. Voong is struggling to find properties in the Philadelphia suburbs for Hahmie Lee, 37; her husband, David Matozzo, 31; and their 7-year-old daughter, Luna.

  • 1 month ago | nbcnews.com | Jing Feng

    Like your burger with a side of modern interior design? Now you can have it your way. Burger King is among the handful of major restaurant chains revamping their locations just as consumers curb their appetites for dining out. The brand’s new aesthetic, dubbed “Sizzle,” has rolled out at 90 locations in the U.S. and Canada, with most of those renovations completed last year.