Economy

Traders offered the new exchange rate as attempts so far to restart negotiations between America and Iran over its nuclear program appear stalled.

NBC News is tracking changes in the prices of eggs, bread, ground beef, chicken and other grocery items to monitor the impact on consumers’ food bills.

Economists had been expecting to see a slight overall gain in jobs. The data reflects a difficult business environment for smaller employers.

Americans are expected to spend 6.3% more online today than they did last year, capping off a banner Thanksgiving shopping weekend.

A record $11.8 billion — a 9.1% jump from last year — was spent to snag holiday deals online, according to Adobe Analytics.

In April, Trump went to Warren, promising to end inflation and slash prices. Residents there say they're still trying to make ends meet.

Scott Bessent also said he was optimistic about the economy but acknowledged pressure on some interest rate-sensitive sectors.

Lower-wage workers continue to face a slowing job market and inflation cutting into their wage growth, researchers and economists said.

The closely followed jobs report was originally scheduled for early October, but it was shelved by the government shutdown.

The labor market data is a crucial window into the U.S. economy — and one the Fed weighs when considering interest rate moves.

A long-delayed jobs report and Nvidia earnings are set to be released in the coming days, and could determine the long-term direction of the economy.