The Daily Money: America’s Hiring
According to the Bureau of Labor Statistics, the job market in the U.S. experienced significant growth in September, with employers adding 254,000 new jobs.
The unemployment rate decreased slightly from 4.2% in August to 4.1% in September.
This strong jobs report caught many economic analysts by surprise.
Using AI for Home Buying
The process of purchasing homes in America is undergoing a major transformation.
New industry regulations surrounding how real estate agents are compensated are forcing a reassessment among housing professionals and technology providers, as reported by Andrea Riquier. For many homebuyers already burdened by soaring home prices and high closing costs, there’s now a tough choice about whether and how much to compensate an agent.
🍔 Today’s Dish 🍔
Red Lobster may be reviving its popular endless shrimp deal.
The new CEO expressed skepticism about the all-you-can-eat offer, which reportedly cost the company $11 million during its initial quarter.
In a recent CNN interview, CEO Damola Adamolekun admitted the promotion caused a lot of disruptions. Nonetheless, he hasn’t dismissed the idea of bringing back the endless shrimp offer one day.
About The Daily Money
Every weekday, The Daily Money provides top-notch consumer and financial news from YSL News, simplifying complicated issues, offering concise summaries, and illustrating how various events—from Federal rate shifts to bankruptcy—affect you.