J.J. McCorvey

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J.J. McCorvey is a business and economy reporter for NBC News.

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J.J. McCorvey is a business and economy reporter for NBC News.

Do you have a news tip you want to share with our journalists? Visit NBC News Tips to learn more.


Latest from J.J. McCorvey

Consumers brace for steeper bills and lower credit scores from Trump's financial deregulation

Recent policies that advocates hoped would be too popular to touch are being targeted for elimination by the Consumer Financial Protection Bureau’s new leaders.

FTC drops Biden-era suit accusing Pepsi of price discrimination

The FTC 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.

Target calls price hikes a 'very last resort' for offsetting tariffs as sales slump

Raising prices to cover the costs of President Donald Trump's tariffs will be Target's "very last resort," CEO Brian Cornell said.
168d ago

Senate unexpectedly passes the No Tax on Tips Act in a unanimous vote

The Republican-led Senate quickly passed the "No Tax On Tips Act," giving its official stamp of approval to an idea that has gained traction since Trump campaigned on it.

Buy now, pay never? Some Klarna users struggle to repay loans as U.S. consumer debt rises

Households owe a record $18.2 trillion in various forms of debt. Many are trying to cut back while leaning on BNPL installment loans for basics.

Walmart's tariff price hikes are likely weeks away

Walmart said Trump’s import taxes remain too high to avoid passing along to shoppers, who could start paying more for some items as soon as late May.

Tariffs are threatening your air conditioning bill this summer

Many consumers will pay more for air conditioning this summer the trade war collides with existing price pressures, a coolant shortage and scorching forecasts.

The trade war isn't over yet, analysts warn

Even reduced tariffs will cost American families an average of $2,800 a year, the Yale Budget Lab estimated.

Democrats push Pepsi to prove it doesn't offer sweetheart pricing to big retailers

Top-ranking Democrats are pressing Pepsi for information on its pricing, renewing pressure on a major consumer brand as inflation concerns persist under the new Republican administration.

Mattel warns of price hikes after Trump reiterates that kids can deal with fewer dolls

Mattel said it’s considering raising prices on U.S. toys, a warning that comes one day after Trump doubled down on comments that kids don’t need more than a few dolls.

Trump's tariffs are scrambling businesses' ability to predict what happens next

President Donald Trump’s tariffs rollout is frustrating U.S. companies’ planning for the rest of the year, preventing some corporate giants from telling investors what to expect and scrambling the broader outlook for stocks.
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