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2d ago

Private payroll growth slowed to 122,000 in July, less than expected, ADP says

Geographically, the job gains were concentrated in the South, which gained 55,000, while the Midwest added just 17,000.
Pedestrians in front of the New York Stock Exchange on June 7, 2024.
Pedestrians in front of the New York Stock Exchange on June 7, 2024.

The housing crunch is still squeezing buyers — but not as badly in these swing-state counties

Market conditions aren’t as daunting in a half-dozen swing-state counties that NBC News is tracking, but affordability has worsened virtually everywhere in the last four years.
Aerial view looking directly down on a group of houses
Aerial view looking directly down on a group of houses
3d ago

Progressive Rep. Ro Khanna tours steel and coal towns with an eye on higher office

Khanna, 47, a Harris surrogate, says he's open to a job in her potential Cabinet as he tours the country, makes allies in early primary and swing states and flirts with a White House bid of his own.
Rep. Ro Khanna, D-Calif.,
Rep. Ro Khanna, D-Calif.,

This undergrad rings up groceries and Big Macs to stay in college

Romona Smith, 20, works nearly full time to put herself through school in Nashville. “There wasn’t really a time where I haven’t worked for more than two weeks.”
Photo collage of subject Romona Smith, a bag of groceries, two twenty-dollar bills, and a slip of paper that reads "Student Loan"
Photo collage of subject Romona Smith, a bag of groceries, two twenty-dollar bills, and a slip of paper that reads "Student Loan"
7d ago

Companies are slashing prices to woo consumers. It's working.

A summer packed with value meals and e-commerce deals has kept shoppers opening their wallets — and powering the economy as inflation cools.
An Amazon delivery driver removes packages from a truck outside
An Amazon delivery driver removes packages from a truck outside
7d ago

Fed's key inflation measure cooled slightly from a year ago, setting stage for rate cut

The report comes with markets paying close attention to which way the Fed is headed on monetary policy.
A shopper at a grocery store  in Brooklyn, N.Y., on July 11, 2024.
A shopper at a grocery store  in Brooklyn, N.Y., on July 11, 2024.

Balancing a fixed income with inflation, a Georgia retiree feels stuck

Nancy Breland, 72, is trying to figure out how to cope with rising prices, including for home insurance.
Photo illustration of Nancy Breland
Photo illustration of Nancy Breland
8d ago

U.S. economy grew at a 2.8% pace in the second quarter, much faster than expected

Consumer spending helped propel growth, as did contributions from private inventory investment and nonresidential fixed investment.
Customers at a supermarket.
Customers at a supermarket.

NBC News is measuring how hard it is to buy a home in the U.S.

Home prices, interest rates, availability and more factor into our new metric, updated monthly, that gauges how difficult it is to buy a home where you live.
9d ago

Venezuelans turn to odd jobs, gambling to stretch wages as they hope for change after election

With many earning under $200 a month, the ruling party's power looks vulnerable ahead of the country's presidential election.
Image: money changer currency worker
Image: money changer currency worker
9d ago

Why an indicator that has foretold almost every recession doesn't seem to be working anymore

Many on Wall Street are scratching their heads about why the inverted yield curve has been so wrong this time, and whether it’s a sign of economic danger.
Image: Monthly Jobs Report Shows Unemployment Notches Slightly Up
Image: Monthly Jobs Report Shows Unemployment Notches Slightly Up