Economy

Iran accuses U.S. of economic terrorism

STOCKHOLM, Sweden (NBC) – Speaking at the Stockholm International Peace Institute Wednesday, the Iranian foreign minister accused the United States of committing economic terrorism. He said the United Kingdom had acted at the request of the United States when an Iranian tanker …

President Trump downplays recession concerns

WASHINGTON, D.C. (NBC News) – President Trump is shrugging off concerns of a possible recession after a roller-coaster week for the stock market. “I don’t think we’re having a recession. We’re doing tremendously well. Our consumers are rich. I gave a tremendous …

Stock market drops amid recession fears

NEW YORK CITY (NBC) – There was a massive sell off Wednesday on Wall Street. The Dow plunged 800 points and NASDAQ fell 3% following reports overseas economies are beginning to slow down. It was a brutal day for investors and a …

FCC approves Sprint and T-Mobile merger

WASHINGTON, D.C. (CNN) – The head of the Federal Communications Commission has moved to approve T-Mobile’s merge with Sprint. The $26 billion deal is expected to easily pass the FCC’s Republican majority, but it may take time. Commissioners are permitted to ask …