Monday, October 7, 2024

America is hiring

Also: Using AI to buy a home ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌  ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ 
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The Daily Money

ALL THE MONEY NEWS YOU NEED TO KNOW

Mon Oct 7 2024

 

Daniel de Visé Personal Finance Reporter

Good morning! It's Daniel de Visé with your Daily Money.

America's job market picked up in September, employment data from the Bureau of Labor Statistics shows, with U.S. employers adding 254,000 jobs. 

The unemployment rate ticked down to 4.1% in September from 4.2% in August.

A strong jobs report was not what most economic forecasters expected.

Using AI to buy a home

The way Americans buy homes is changing dramatically.

New industry rules about how home buyers' real estate agents get paid are prompting a reckoning among housing experts and the tech sector, Andrea Riquier reports. Many house hunters who are already stretched thin by record-high home prices and closing costs must now decide whether, and how much, to pay an agent.

📰 More stories you shouldn't miss 📰

Holiday shopping begins
The future of tourism in Asheville
A Pyrex measuring-cup refund
How Fed rate cuts matter for your portfolio

🍔 Today's Menu 🍔

Red Lobster's endless shrimp deal may make a comeback.

The company's new chief executive said he always felt dubious about that all-you-can-eat deal, which reportedly cost the company $11 million in the first quarter of its launch.

In a new CNN interview, CEO Damola Adamolekun said the offer created mayhem. However, he did not rule out the possibility of another endless shrimp deal in the future.

About The Daily Money

Each weekday, The Daily Money delivers the best consumer and financial news from USA TODAY, breaking down complex events, providing the TLDR version, and explaining how everything from Fed rate changes to bankruptcies impacts you.

Daniel de Visé covers personal finance for USA Today.

A Dixie employee leads an applicant as a sign guides job seekers to their designations during the Dixie Job Fair hosted at Jackson TCAT in Jackson, Tennessee, on Thursday, Jul. 20, 2023.

The job market and employers made a surprisingly strong showing in the September jobs report, new figures show.

A house on Teel Avenue in the Greencroft neighborhood in Lansing is for sale Saturday, Aug. 17, 2024.
 

Is AI ready to be your real estate agent? These companies think yes

The way Americans buy homes is changing radically. Some companies are even leveraging artificial intelligence to house hunt.

The exterior of Red Lobster in Surprise, Arizona on Aug 6, 2024.
 

New Red Lobster CEO: Endless shrimp created 'chaos' but could return

Adamolekun said the chain's $20 endless shrimp deal created 'a lot of chaos operationally' before the company's bankruptcy.

A smiling person at a laptop.
 

Will the Fed's interest rate cuts matter for your portfolio?

The Fed's actions might impact your day-to-day finances, but they shouldn't affect your long-term plans.

Signage is seen at the Federal Trade Commission headquarters in Washington, D.C.
 

Bought Pyrex during COVID? You may be getting a refund.

The FTC announced it is issuing $88,000 in refunds to those who bought measuring cups made in China despite being advertised as "Made in USA."

Amazon Prime Big Deal Days, which runs Tuesday and Wednesday, Oct. 8-9, gives members of its Amazon Prime subscription service access to deals across Amazon's product categories – from apparel to toys.
 

Holiday shopping guide: What to know about big sales events this week

Get a head start on your holiday shopping this week with sales events at Amazon, Walmart, Kohl's and Target. Here's everything to know.

A Costco shopper in Inglewood, California, stocks up on water, toilet paper and paper towels a day after the East Coast port strike began.
 

Back to hoarding toilet paper? Port strike stokes some panic buying.

Some consumers, worried about COVID-19-era shortages amid a dockworkers strike at ports, are stockpiling goods. Do they need to?

Woman set to test drive car with salesperson at window.
 

Impossible Dream? The lifetime tab for the American Dream is $4.4m

You can live the American Dream, but it'll cost you.

The IRS will up the income thresholds for each tax bracket starting in 2024.
 

30 million Americans will be eligible for IRS free Direct File in 2025

Americans across 24 states will be eligible to file taxes free using its Direct File tool, IRS says. Last year's pilot only included 12 states.

USA TODAY
 

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