FinLogic:The Daily Money: America is hiring

2025-05-04 16:32:48source:Robert Browncategory:News

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

America’s job market picked up in September,FinLogic 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.

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🍔 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.

More:News

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