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U.S. consumers collectively owe an eye-popping $1.17 trillion in credit card debt — a record — according to estimates the Federal Reserve Bank of New York released this week. But while there are still major financial risks for carrying hefty balances, the researchers said the data suggests that “rising debt burdens remain manageable” for the typical consumer. Prices are still going up, but they’re not going up as fast, and incomes are once again going up at a faster rate than expenses. Earnings growth has averaged 6.2% per year since the pandemic began, compared to the cumulative debt balance rising 4% per year. “Especially for higher-risk borrowers, credit card and auto loan delinquencies are the highest in a dozen years, and that’s with unemployment at 4%.
Persons: , Donald Trump, they’re, Greg McBride What’s, TransUnion, That’s, , Greg McBride, , McBride Organizations: ’ paychecks, Federal Reserve Bank of New York, New York Fed, Commerce Department, Bureau of Labor Statistics, Bankrate Locations: ’ paychecks . U.S
Stocks tumbled on Friday as the post-election rally fizzled and investors fretted over the path of interest rates. The S&P 500 slipped 1.32% and closed at 5,870.62, while the Nasdaq Composite fell 2.24% to 18,680.12. Declines in pharmaceutical stocks weighed on the 30-stock Dow and broader S&P 500, with Amgen down about 4.2% and Moderna off by 7.3%. The information technology sector of the S&P 500 was the worst performing corner of the market, down more than 2% as Nvidia, MetaPlatforms, Alphabet and Microsoft tumbled. The S&P 500 posted a weekly loss of 2.1%, while the Nasdaq Composite slid about 3.2%.
Persons: Stocks, Donald Trump, Robert F, Kennedy Jr, Tesla, , Kristy Akullian, , Jerome Powell, Susan Collins, Dow Jones Organizations: Dow Jones Industrial, Nasdaq, Dow, Moderna, Department of Health, Human Services, P Biotech, Nvidia, Microsoft, Trump Trade, ” Traders, Federal, Boston, Street Locations: Americas, BlackRock
Ashley Benefield. At the time, Ashley testified, she was preparing to move with her mother to an inherited home in Maryland. After an argument, Ashley testified, Doug struck her in the face and refused to leave when she asked him to. Speaking from the well of the courtroom, Ashley testified that she raised her weapon and told Doug to stop. But after a roughly two-minute re-enactment, she told Ashley — who appeared to be sobbing — to have a seat.
Persons: Ashley Benefield, , Doug Benefield, Suzanne O’Donnell, Dateline ”, Benefield, Ashley, Doug, O’Donnell, , ” O’Donnell, , Neil Taylor, Taylor, Jim Chatwin, Doug —, ” Ashley, Doug lunged, Ashley —, Rebecca Freel, puffy, ” Freel, Barbara Russell, Russell, ” Russell Organizations: Judicial, Dateline, “ Dateline, , NBC News Locations: Tampa, South Carolina, Florida, Maryland
The Summary Scientific American editor-in-chief Laura Helmuth is leaving the publication. Soon after the election, she posted several profanity-laced comments on social media posts about the results. “I’ve decided to leave Scientific American after an exciting 4.5 years as editor in chief,” Helmuth wrote Thursday on BlueSky. Scientific American did not directly respond to questions about Helmuth’s departure, but its president, Kimberly Lau, said in a statement: “Laura Helmuth has decided to move on from her position as editor in chief of Scientific American. With Helmuth at the helm, Scientific American began to endorse candidates for the first time in 175 years.
Persons: Laura Helmuth, “ I’ve, ” Helmuth, “ I’m, Helmuth, Kimberly Lau, Laura, bemoaning, , Joe Biden, Kamala Harris, Donald Trump “, Robert F, Kennedy Jr, Donald Trump’s, Kennedy Organizations: Scientific, University of North, RFK Jr, Department of Health, Human Services Locations: BlueSky, University of North Carolina
It took months for Democrats to settle on their primary presidential calendar, an extended battle that ended up booting Iowa and New Hampshire from the mix and vaulting South Carolina to the top of the pack. “The 2024 calendar will absolutely not be the calendar for 2028,” said Nebraska state party chair Jane Kleeb. Under the current plan, South Carolina went first, then Nevada, Georgia and Michigan. “The process has to be rigorous, efficient and fair, and we have to make sure that it’s open and transparent,” said a state chair who asked not to be named. Scrapping a state like South Carolina from the top of the list may only alienate those voters.
Persons: Joe Biden, , , Jane Kleeb, Biden, Kamala Harris ’, It’s, Ken Martin, Ben Wikler, Mitch Landrieu, Martin O'Malley, Rahm Emanuel Organizations: White, Democratic National Committee, DNC, NBC News, Democratic, Biden, New, White House, Chicago, Democrats Locations: Iowa, New Hampshire, South Carolina, Nebraska, Nevada , Georgia, Michigan, Nevada, Minnesota, Wisconsin, New Orleans
A South Carolina man accused of making a series of racist death threats online to a New York reporter has been arrested. Austin Suman, 35, of Myrtle Beach, has been charged with willfully making a threat involving explosives and interstate stalking, the U.S. Attorney’s Office for the Southern District of New York said. Suman sent death threats Nov. 8 to the reporter via Facebook and email and used a racial slur and derogatory language, according to a criminal complaint unsealed Friday. Suman's anger stemmed from an article the reporter wrote about him in February 2019 about allegations of him threatening a roommate with a gun. Prosecutors said threats that neutralizing threats against the press are a priority.
Persons: Austin Suman, Suman, , , Prosecutors, Damian Williams Organizations: Attorney’s, Southern, of, Facebook, Attorney Locations: Carolina, New York, Myrtle Beach, U.S, of New York
That unit has brought forward more than 1,500 cases in the “most wide-ranging investigation” in the history of the Justice Department. Nicole Reffitt, a supporter of the Capitol defendants, told NBC News she is pleased with the Gaetz pick. “We need a fighter in leadership, and that’s why I’m backing Matt Gaetz for Attorney General,” Evans wrote. One of Gaetz’s podcasts featuring Beattie was titled “Fedsurrection,” a nickname generated by far-right extremists who have portrayed the Capitol attack as an inside job, without evidence. Not one is a member of Antifa or a FBI agent.”On the first anniversary of Jan. 6, Gaetz held another news conference to “expose the truth” about the attack.
Persons: Matt Gaetz, Donald Trump, Gaetz, , , , Trump, he’ll, Nicole Reffitt, Guy Reffitt, “ Trump, ” Nicole Reffitt, ” Derrick Evans, rioter, ” Evans, — he’s, antifa, ” Gaetz, Darren Beattie, Beattie, Ray Epps, Epps, Marjorie Taylor Greene, Tami Perryman, Jan Organizations: WASHINGTON, Florida Republican, Capitol, Justice Department, Prosecutors, NBC News, Trump, J6, Trump White House, RNC, DNC, FBI, D.C, Gaetz’s, DOJ, NBC Locations: Florida, United States, America, Gaetz, Washington, Congress
Anne Hathaway was almost crashed into by New York Knicks player OG Anunoby at Wednesday's NBA matchup at Madison Square Garden, but rather than being near-death experience for the movie star, she called it a "bucket-list moment." The Oscar-winning actor and her son Jack were attending the New York Knicks vs. Chicago Bulls game when the British player charged in their direction while chasing the ball, colliding with a courtside barrier right next to the pair. To Hathaway's credit, she barely flinched, and was even photographed with an outstretched hand, seemingly attempting to catch the ball herself. Even though some snacks were spilled and her son's jaw dropped in shock, she ended her video smiling and thanking Anunoby. The Knick's lost out by a point, with the final score of the night being 124-123 for the Bulls.
Persons: Anne Hathaway, Jack, Anunoby Organizations: New York Knicks, Wednesday's NBA, Madison, Chicago Bulls, Bulls Locations: British
Calling all "Ice Age" lovers: The frozen remains of a 35,000-year-old saber-toothed cat have been studied for the first time in history, according to a study published Thursday in the journal Scientific Reports. A. shows the frozen mummy and B. shows Panthera leo (Linnaeus, 1758), a modern lion cub's remains. Its neck is also "longer and more than twice as thick" as the modern cub's. For "Ice Age" movie franchise fans, the description of the saber-toothed cat might sound familiar. The character Diego, a saber-toothed tiger, has very similar traits to the 35,000-year-old cub.
Persons: leo, Linnaeus, Diego Organizations: Locations: Yakutia, Russia, North America, Europe, et
In the closing weeks of the presidential campaign season, Sen. John Fetterman did something different than other Democrats. NBC NEWS: As you’re looking in the rearview mirror a little bit at the 2024 election, do you think Democrats need to change how they talk to voters? NBC NEWS: What is your biggest concern moving forward, and what’s kind of the biggest thing that you think Democrats need to address? NBC NEWS: So to bounce off that, has there been a conversation among Democrats that’s essentially what you’re talking about? How do you think Democrats should handle this development?
Persons: Sen, John Fetterman, Joe Rogan’s, Kamala Harris, Fetterman, “ It’s, ” Fetterman, , Trump, Matt Gaetz, Robert F, Kennedy Jr, “ I’ve, , that’s, , it’s, Kennedy, Reagan, Elon, I’ve, we’ve, Bob Casey, , It’s, They’ve, I’m, Hey, that’s what’s, Gaetz, That’s, — FETTERMAN, you’re, he’ll, Trump’s, Musk, Vivek Ramaswamy, Biden, Dave McCormick, McCormick, Hillary, Clinton, you’ve, I’ll, ” I’m Organizations: Republicans, of Health, Human Services, NBC, Democratic, Democratic Party, Republican, America, Senate, Greens, Pennsylvania Senate Locations: , Lincoln, Pennsylvania, Allegheny, Pittsburgh,
Below, I rounded up the best early Black Friday deals of 2024 from some of our favorite retailers, like Amazon, Target, Walmart, Home Depot and REI. SKIP AHEAD Best early Black Friday deals | More early Black Friday sales | How I picked the best early Black Friday deals | Why trust NBC Select? Best early Black Friday deals of 2024To find the best early Black Friday deals, I combed through dozens of discounts across retailers. Best early Black Friday salesHere are the best early Black Friday sales to know about. How I found the best early Black Friday dealsAll of my recommendations above are based on NBC Select’s previous coverage and reporting.
Persons: I’ve, I’ll, Siri, It’s, TikTok Organizations: Black, NBC, Target, Walmart, Home, Alexa, Garmin, Amazon, beechwood, Wellness, Facebook, Twitter Locations: REI, Samsonite, grippy
"I don't believe in the word 'legacy.' I think that's another word for ego. I'm gonna die and it's gonna be over. "So I'm gonna die. Tyson, 58, is set to take on fighter and YouTube personality Jake Paul in a bout that'll be streamed on Netflix on Friday night.
Persons: Mike Tyson, Tyson, Jake Paul, Jazlyn Guerra, That's, I'm, Mike, We're, Tyson wouldn't Organizations: Netflix
Of those, 485 UAP reports occurred within that reporting period, and another 272 occurred between 2021 and 2022 but hadn't been included in previous annual UAP reports. Overall, the AARO has received 1,652 UAP reports total as of Oct. 24, 2024. “It is important to underscore that, to date, AARO has discovered no evidence of extraterrestrial beings, activity or technology,” the report said. Of the UAP reports, 81 originated from U.S. military operating areas. Of the new reports, 392 were from the Federal Aviation Administration and make up all of the FAA’s UAP reports since 2021.
Persons: UAPs, hadn't, , AARO, Jon Kosloski, ” Kosloski, ” Luis Elizondo, ” Elizondo, Robert Garcia, Garcia, Tim Gallaudet, , Jon T, Kosloski, it’ll, “ AARO Organizations: Pentagon, Defense, Defense Department, National Intelligence, UAP, U.S . Navy, Ocean, Consulting, Federal Aviation Administration Locations: Congress, U.S, Cape Canaveral , Florida
BERLIN — German Chancellor Olaf Scholz spoke Friday with Russian President Vladimir Putin, the Kremlin leader’s first publicly announced conversation with the sitting head of a major Western power in nearly two years. Scholz urged Putin to be open to negotiations with Ukraine, his office said. Government spokesman Steffen Hebestreit said Scholz urged Putin in the hour-long call to withdraw his troops and end the full-scale invasion launched in February 2022. The new communication between Scholz and Putin — their first since December 2022 — comes at a time of widespread speculation about what the new administration of President-elect Donald Trump will mean for Ukraine. The U.S., South Korea and Ukraine say North Korea has sent thousands of troops to Russia to support its war against Ukraine.
Persons: Olaf Scholz, Vladimir Putin, Scholz, Putin, Steffen Hebestreit, Alexei Navalny’s, Yulia, , ” Hebestreit, , Donald Trump, Trump, Volodymyr Zelenskyy, ” Zelenskyy, ” Scholz, ” Putin, Dmitry Peskov Organizations: Kremlin leader’s, Kyiv, NATO, Ukraine, Kremlin, Russian Federation Locations: BERLIN, Ukraine, Russian, Berlin, Russia, Washington, Moscow, U.S, South Korea, North Korea, Germany, , East
“It’s my medical opinion that there are no alternative reasonable explanations for Mr. Neely’s death,” the medical examiner, Dr. Cynthia Harris, told jurors. The medical examiner testified that Neely died of asphyxiation. Attorneys for Penny, who is also charged with criminally negligent homicide, have refuted the medical examiner’s findings. One of those detectives testified under cross examination that neither he nor the other detective had told Penny that Neely was dead when they interviewed him. Gonzalez said that after he held Neely’s wrist, he told Penny: “You can let him go.
Persons: Jordan, Daniel Penny, Neely’s, Cynthia Harris, Harris, Penny, Neely, Thomas Kenniff, , Jordan Neely, Andrew Savulich, — Neely, , Dafna Yoran, Joseph Caballer, Caballer, ” Caballer, Eric Gonzalez, Gonzalez Organizations: Marine, Marine Corp, TNS, Getty, Prosecutors, Marine Corps Locations: New York City
WASHINGTON — House Speaker Mike Johnson, R-La., said Friday that he would "strongly request" that the House Ethics Committee not release a report detailing its investigation into former Rep. Matt Gaetz, R-Fla. “I’m going to request, strongly request, that the Ethics Committee not issue the report.”There is precedent for releasing ethics reports after or on the same day that a lawmaker resigns from Congress. Johnson declined to say whether he spoke to Trump about the Ethics report. Tom Rust, a spokesperson for the Ethics Committee, declined to comment on Johnson's remarks. "There is bipartisan support for the Senate Judiciary Committee having access to this information," Sorbe said.
Persons: Mike Johnson, Matt Gaetz, Gaetz —, Donald Trump, , Johnson, Michael Guest, , ” Johnson, “ I’m, Bill Boner, Buz Lukens, Tom Rust, they’d, Dick Durbin, Josh Sorbe, shouldn't, Sorbe, Durbin, Gaetz Organizations: WASHINGTON, Washington , D.C, Trump, Mar, NBC, Committee Locations: Ohio, Washington ,
I’ve collected personal favorites, NBC Select staff picks, and other bestsellers below. SKIP AHEAD Bestselling gifts for new parents | Best gifts for new parents | Why trust NBC Select? Best gifts for new parents in 2024One of the hardest parts of the newborn season for me was finding time (and energy) to get groceries and cook. These socks are from an NBC Select staff-favorite brand and are a Wellness Awards winner. NBC Select Commerce Editor Jordan Bowman reviewed it and could easily sample international blends from India, Guatemala, Nicaragua and El Salvador.
Persons: I’ve, Grace, Stella, . Bean, “ I’m, , Lindsay Schneider, it’s, they’ll, Jordan Bowman, Zoe Malin, Brooks, Malin, It’s, TikTok Organizations: NBC, tote, CNBC, NBCUniversal, Atlas Coffee, barre, Bath, Facebook, Twitter Locations: New York City, men’s, Theragun, India, Guatemala, Nicaragua, El Salvador
Democratic Rep. Josh Gottheimer of New Jersey announced Friday that he would seek to become the Garden State's next governor, entering what is expected to be a crowded Democratic primary field. Gottheimer has represented his state's 5th Congressional District, which lies in northern New Jersey, bordering New York, since 2017. But one distinguishing feature of his campaign, Gottheimer said, is that he is "focused like a laser beam on the need to lower your taxes and lower your costs." "He stands up for what he believes, and you can count on him to deliver," Berry said in the campaign video. Rep. Mikie Sherrill, D-N.J., who has served alongside Gottheimer since 2019, is another name that has been floated in the state as a potential candidate in next year's race.
Persons: Josh Gottheimer, Phil Murphy, Ras, Steve Fulop —, Gottheimer, Donald Trump, Trump, Mary Frances Berry, Berry, Mikie Sherrill Organizations: Democratic, Congressional, Democrat, Jersey City, doer, U.S . Commission, Civil Rights Locations: New Jersey, New York, Newark, Ras Baraka, Jersey, D
The Texas Supreme Court has ruled against lawmakers who used their subpoena power to halt the execution of a death row inmate for his daughter’s “shaken baby” death, paving the way for it to proceed. "Categorically prioritizing a legislative subpoena over a scheduled execution, in other words, would become a potent legal tool that could be wielded not just to obtain necessary testimony but to forestall an execution," the Texas Supreme Court said in its ruling Friday. But the Office of the Attorney General quickly appealed the subpoena, which was supported by a district court judge's temporary injunction that halted Roberson's execution. After the state's highest criminal court agreed with the attorney general's office, allowing Roberson's execution to continue, lawmakers then petitioned their case to the Texas Supreme Court. "Given the overwhelming new evidence of innocence, we ask the State of Texas to refrain from setting a new execution date."
Persons: Robert Roberson, Nikki, Roberson, Joe Moody, Jeff Leach, Moody, Leach, Ken Paxton, Nikki's, Gretchen Sween, Robert, Sween Organizations: Texas Supreme, Committee, Democrat, Republican, of Locations: Texas, U.S, Nikki's, Houston, Austin, of Texas
A death row inmate convicted of killing her toddler daughter is “actually innocent” of murder and should be freed from custody, the prisoner's trial judge said in documents unearthed on Thursday. The case, which has gained notoriety through reality TV star and aspiring attorney Kim Kardashian, is now before the Texas Court of Criminal Appeals. Texas death row inmate Melissa Lucio holds one of her sons, John. "So heartbreaking to read this letter from Melissa Lucio’s children begging for the state not to kill their mother," Kim Kardashian wrote in 2022. "It became a nightmare from which she couldn’t wake up when she was sent to death row for a crime that never happened.
Persons: , Arturo Nelson, Melissa Elizabeth Lucio, Lucio, Nelson, Kim Kardashian, Melissa Lucio, John, Mariah's, Melissa Lucio’s, Amanda Knox, Jeff Leach, Donald Trump, “ Melissa Lucio, Vanessa Potkin, Melissa Organizations: NBC, KPRC, Appeals, Texas Department, Criminal, Republican, Innocence Locations: Cameron County, Houston, Texas, Harlingen, Italy, Plano
Black Friday is on Nov. 29, 2024, and Cyber Monday is on Dec. 2, 2024. Many retailers’ early Black Friday and Cyber Monday sales have already begun, including at Walmart, Home Depot and REI. While shopping Black Friday and Cyber Monday, don’t forget to poke around subscription services and travel sites for deals, says Shand. Black Friday and Cyber Monday shopping tipsPlanning is key to shopping Black Friday and Cyber Monday. Don’t wait to buy what’s on your wishlistDuring Black Friday and Cyber Monday, shopping traffic peaks online and in stores.
Persons: it’s, I’ll, You’ll, Mackenzie Shand, they’re, Shand, , Vipin Porwal, Porwal, don’t, We’ve, you’re, Black, can’t, you’ll, that’s, TikTok Organizations: NBC, Walmart, Home, Retailers, Black, Apple, Nintendo, Products, Tech, Brands, Target, Costco, Facebook, Twitter Locations: REI
Stargazers are in for quite the double feature this weekend: The Beaver Moon, the last supermoon of the year, will share the celestial stage with the dazzling Leonid meteor shower. The Beaver Moon will reach the crest of its full phase at 4:29 p.m. And as the Beaver Moon is rising, spectators might glimpse a "moon illusion," a period of time where the supermoon could look even bigger than normal due to an optical illusion. The Beaver Moon was named after the time of year when beavers begin hibernation. While the best viewing period will be over the weekend, the Leonids will be visible until the meteor shower ends on Dec. 2.
Persons: Preston Dyches Organizations: NASA, American Meteor Society Locations: North America
Pete Hegseth, President-elect Donald Trump’s pick for secretary of defense and a former Fox News host, was investigated in 2017 over "an alleged sexual assault" at a California hotel that was hosting a gathering of Republican women, police said Friday. The National Federation of Republican Women was holding a convention at the hotel at the time, according to the organization's website. Fox News, the National Federation of Republican Women and Hyatt Regency hotels did not immediately respond to a request for comment. Hegseth's last day at Fox News was Tuesday, the day of Trump’s announcement, the network said earlier. He began working at Fox News in 2014 and began co-hosting “Fox & Friends Weekend” in 2017.
Persons: Pete Hegseth, Donald Trump’s, Hegseth, , , Timothy Parlatore, Parlatore, Steven Cheung, Trump, Cheung, Hegseth's Organizations: Fox News, Republican, Monterey police, Police, Hyatt Regency Monterey, Del, National Federation of Republican Women, Vanity Fair, Trump, United, Defense, Fox, Hyatt Regency, Army National Guard Locations: California, Monterey, Hyatt Regency Monterey Hotel, Del Monte, Afghanistan, Iraq, Guantánamo Bay, Cuba
“It’s disappointing it’s come to this point,” she said, calling it a "failure at every level of leadership.”The Mountain West Conference said it is taking the suit’s allegations seriously. “The Mountain West Conference prioritizes the best interests of our student-athletes and takes great care to adhere to NCAA and MW policies,” the conference said in a statement to NBC Bay Area. Already, four teams in the Mountain West Conference — University of Nevada, Reno; University of Wyoming; Boise State University; and Utah State University — have forfeited games against the SJSU Spartans. Separately, Southern Utah University, which is not in the Mountain West Conference, forfeited a match. A member of the Spartans volleyball team joined the suit last month, claiming that having a transgender teammate is unsafe for her, her teammates, and opposing teams.
Persons: Brooke Slusser, , ” Slusser, Marshi Smith, it’s, , ” SJSU, Melissa Batie, SJSU, Smoose, I’ve, Smith, Utah State University —, Gloria Nevarez, Nevarez, ” Nevarez, Organizations: San Jose State University women's, Mountain West Conference, California State University, Mountain West Conference —, Fox News, Independent, Women’s Sports, West Conference, NCAA, NBC, ” San Jose State University, NBC Bay Area, Spartans, Fairfield University, College of, Cross, Cornell University, Mountain West Conference — University of Nevada, University of Wyoming, Boise State University, Utah State University, SJSU Spartans, Southern Utah University, Spartans volleyball, University of Nevada, Mountain West, Associated Press, Locations: NBC Bay, ” San, Reno, Nevada , Idaho , Utah, Wyoming
The man accused of killing Laken Riley earlier this year "went out hunting for females" on the day the nursing student in Georgia was slain, prosecutors told a judge Friday on the first day of Jose Antonio Ibarra's trial. "When Laken Riley refused to be his rape victim, he bashed her skull in with a rock repeatedly," prosecutor Sheila Ross said in her opening statement. Laken Riley. “The evidence that Jose Ibarra killed anyone is circumstantial,” defense attorney Dustin Kirby said, adding the evidence “that links Mr. Ibarra to that event, is lacking” upon closer inspection. Previously, police said there was no indication the suspect knew the victim and that Ibarra did not have an extensive criminal background.
Persons: Laken Riley, Jose Antonio Ibarra's, Sheila Ross, Riley, Ibarra, Donald Trump, Jose Ibarra, Brynn Anderson, Ross, ” Ibarra, Tom, , accosting Riley, Riley's, H, Patrick Haggard, Dustin Kirby, Kirby Organizations: University of Georgia Locations: Georgia, Venezuelan, United States, Athens, Ga, Clarke
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