Economy
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Carhartt CEO weighs in on retail affordability
Current with Christine Romans
Ford CEO says it's his company's responsibility to bring more affordable vehicles to the U.S.
More stories
Food pantries overwhelmed by Trump cuts
Demand from the hungry surges amid changes to federal benefits, while pantries get less food from the government.
FOR SUBSCRIBERSHunger in a land of plenty: Major food banks face ‘heartbreaking’ need, NBC News survey finds
The Trump administration’s cuts to federal food benefits are driving ‘heartbreaking’ need in many communities, dozens of food banks tell NBC News.
FOR SUBSCRIBERSInflation and tariffs push U.S. holiday spending projections to a record $1.7 trillion
“Things are just going to be more expensive,” said one economist. “It’s going to cost us more money to buy stuff.” 
FOR SUBSCRIBERSTrump keeps touting $21 trillion coming into the U.S. Even his website says it’s half that.
The president often touts trillion-dollar figures as evidence that his “America First” agenda is working, but those numbers are far from reality, experts say.
2028 election
Sen. Ruben Gallego rolls out an economic agenda as he weighs a 2028 White House bid
The Arizona Democrat told NBC News he’s “absolutely thinking about” running for president. He’s pitching a jobs program funded by AI taxes.
FOR SUBSCRIBERSU.S. housing market sets a grim record as sellers swamp buyers
Homebuyers finally have the upper hand in the housing market, where soaring borrowing costs have cut into demand — but not supply.
Political polarization is spiking in local communities ahead of the midterms, survey finds
Cost-of-living issues are driving up tensions in communities, while immigration is the most polarizing issue nationally, local officials said.
FOR SUBSCRIBERSFord CEO says ‘it’s our responsibility’ to make sure affordable cars are sold in the U.S.
Consumers are increasingly taking out longer loans — some seven years or more — to pay for their vehicles.
Poll: Latino voters swing away from Trump and Republicans
Democrats have a significant lead among Latino voters in 2026 amid economic concerns, according to the NBC News/Telemundo poll.
U.S. labor market slows with midterms on the horizon
The economy added only 29,000 jobs in September, while wage growth again lagged inflation.
Mortgage rates hit highest point since 2023 as Treasury yields rise
Inflation concerns, driven by high fuel prices, are prompting investors to sell bonds. That drives up interest rates for consumers.
