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NY’s first-ever inflation relief checks are set to go out this fall. Here’s how much you’ll get

1 day ago | nbcnewyork.com | Andrew Siff |Jennifer Millman

New York state plans to send out its first-ever "inflation relief" rebate checks to taxpayers starting this fall, part of a plan from Gov. Kathy Hochul to put a little cash back into people's pockets with the cost of living so high. The one-time payments initially were proposed to be up to $500, though the legislature-backed plan cuts that a bit. Opponents of the rebate check had advocated in favor of a more robust "Rainy Day Fund" for the state.
Netflix breaks ground on sprawling new $900 million film and production studio in NJ

1 day ago | nbcnewyork.com | Ted Greenberg

Move over Hollywood — New Jersey could soon become the next major home for the movie industry. Netflix officially broke ground on Tuesday on its sprawling new film and production studio at Fort Monmouth, in Eatontown and Oceanport. The streaming giant is transforming the old military base into a $900 million campus that is set to deliver a huge boost to the local economy.
American Eagle shares plunge 17% after it withdraws guidance, writes off $75 million in inventory

2 days ago | nbcnewyork.com | Gabrielle Fonrouge

• American Eagle withdrew its 2025 guidance and said it was taking $75 million in write offs related to spring and summer merchandise. • The retailer said it expected comparable sales in the fiscal first quarter to fall 3%, while it anticipates overall sales will drop 5%. • American Eagle previously warned that the first quarter was off to a slower than expected start.
Tatum has ruptured Achilles in worst-case scenario for Celtics star

2 days ago | nbcnewyork.com | Darren Hartwell

The Boston Celtics were bracing for bad news Monday night, and they got it Tuesday. Jayson Tatum has a ruptured right Achilles tendon, the team announced Tuesday afternoon. Tatum underwent "successful" surgery Tuesday after undergoing an MRI earlier in the day in New York and is "expected to make a full recovery," per the Celtics. Boston didn't give a timetable for Tatum's return, but it's very likely the injury causes him to miss a significant portion of the 2025-26 season.
NJ Transit possible strike: What to know and how it could impact you

2 days ago | nbcnewyork.com | Jennifer Vazquez |Andrew Siff

NJ Transit and an engineers' union appear to be heading toward a major rail strike that would start Friday -- the first one in decades. Currently, both sides are in Washington, D.C. participating in mediation, where they pledged to continue negotiations.
Nvidia sending 18,000 of its top AI chips to Saudi Arabia

2 days ago | nbcnewyork.com | Kif Leswing

• Nvidia will sell over 18,000 of its latest AI chips to a Saudi Arabian company Humain, CEO Jensen Huang announced on Tuesday. • The announcement was made as part of a White House-led trip to the region that includes President Donald Trump and other top CEOs.• Nvidia said its first deployment will use its GB300 Blackwell chips, which are among Nvidia's most advanced AI chips.
New dad quit his job, spent $3,000 in savings to start a business-it brought in $850,000 in 9 months

2 days ago | nbcnewyork.com | Ashton Jackson

Seven years ago, Tavis Malcolm and his wife went on a family camping trip and couldn't find a sleeping bag suitable for their newborn son. Instead, they layered pajamas, a snowsuit and a swaddle blanket to keep baby Morrison warm. It was an 'aha' moment for Malcolm, a New Mexico-native and former Eagle Scout who came from a family of business owners, he said on Friday's episode of ABC's "Shark Tank."In June 2018, Malcolm quit his marketing job.
The FTC's new rule on ticket prices is a win for consumers, experts say — but don't expect it to bring costs down

2 days ago | nbcnewyork.com | Jessica Dickler

• The Federal Trade Commission's new rule requires ticket sellers to disclose total prices upfront, including fees, prohibiting them from concealing add-on charges until the last minute. • "More transparency is always a win for consumers," says Andrew Mall, an associate professor of music at Northeastern University.
GM unveils new ‘groundbreaking’ EV battery tech, aims to be first to market

2 days ago | nbcnewyork.com | Michael Wayland

• GM expects to pioneer a new "groundbreaking" EV battery technology that the automaker says will reduce costs and boost profitability of its largest electric SUVs and trucks. • GM says lithium manganese-rich (LMR) prismatic battery cells will be used in its EVs beginning in 2028. • The new batteries and packs utilize more-prevalent, less-expensive minerals and are lighter and more cost-effective. WARREN, Mich.
Salma Hayek, 58, stuns as a cover star of Sports Illustrated Swimsuit 2025

2 days ago | nbcnewyork.com | Lindsay Lowe

Salma Hayek Pinault can now add Sports Illustrated Swimsuit cover star to her list of accomplishments. The “House of Gucci” actor, 58, stuns on the cover of the 2025 issue of Sports Illustrated Swimsuit, on newsstands May 17. She joined TODAY on Tuesday, May 13, to exclusively share her cover photo. “I used to look at this magazine and wanted to see who was the new, gorgeous model, the new girl of the moment,” she told Savannah Guthrie and Craig Melvin.