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Savewith a NBCUniversal ProfileCreate your free profile or log in to save this articleNov. 12, 2025, 2:27 PM ESTBy Steve KopackThe White House said Wednesday that it was unlikely the federal jobs report or the Consumer Price Index reports that were due to be released in October would be published after the government shutdown ends.”The Democrats may have permanently damaged the federal statistical system with October CPI and jobs reports likely never being released, and all of that economic data released will be permanently impaired leaving our policymakers at the Fed flying blinds at a critical period,” White House Press Secretary Karoline Leavitt said.The statement caught investors and economists by surprise, especially Leavitt’s suggestion that the September report could be shelved altogether. As recently as Monday, analysts at Morgan Stanley wrote that they expected the jobs report to be published within 3 business days of the government reopening.Leavitt’s comment about the October CPI inflation report came as less of a surprise. Economists had already expected that it might not be released because federal workers who would have collected the data if the government had been open were not deployed after Oct. 1.The most recent jobs report issued before the shutdown began was the August jobs report, which was released on September 5. It was unclear Wednesday whether Leavitt meant that the jobs report for the month of October that was scheduled to be released on Nov. 7 would not be released, or September’s report which was due to be issued on Oct. 3. The BLS and Dept. of Labor did not immediately respond to requests for comments on Leavitt’s comments.Already, policymakers, market participants and economists expect a fog of data after the shutdown ends.Opinions on how the lack of data could impact the Federal Reserve’s next monetary policy moves are mixed. Some economists expect the Fed to make due with private data, such as the recently released private jobs report from ADP which showed that employers added 42,000 jobs in October. However, that slightly more optimistic private sector jobs report came after a series of official jobs reports from the Bureau of Labor Statistics showed a shakier labor market.The lack of government data “is a temporary state of affairs,” Fed Chair Jerome Powell said on Oct. 29.”If you ask me, ‘could it affect the December meeting?’ I’m not saying it’s going to, but… what do you do if you’re driving in the fog? You slow down,” he said.Steve KopackSteve Kopack is a senior reporter at NBC News covering business and the economy.

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The White House says the federal jobs report and the CPI inflation data due for release in October may not be released at all.



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Nov. 12, 2025, 1:14 PM EST / Updated Nov. 12, 2025, 2:15 PM ESTBy Corky SiemaszkoThe penny dropped.The U.S. Mint struck the final 1-cent coin that will be used as legal tender on Wednesday, six months after the Trump administration announced that it would stop producing pennies because the cost of making them is almost four times more than they’re worth.From now on, the only new pennies the Mint releases will be collector versions that aren’t currency and will be produced “in limited quantities,” the agency said in a statement. Treasury Secretary Scott Bessent and Treasurer Brandon Beach were at the U.S. Mint in Philadelphia when the coin press punched out the historic final penny, the agency confirmed.There are still an estimated 250 billion pennies in circulation, the American Bankers Association said in October.But back in February, President Donald Trump said it made no fiscal sense to keep producing cents.“For far too long the United States has minted pennies which literally cost us more than 2 cents,” Trump wrote in an online post. “This is so wasteful! I have instructed my Secretary of the U.S. Treasury to stop producing new pennies.”Officially known as the cent, the first penny was struck in 1787 and had a sundial design that was dreamt up by Benjamin Franklin, one of the Founding Fathers.The U.S. Mint took over penny production in 1793, a year after Congress passed the Coinage Act.Like its predecessor, this penny was also made of copper. But it was slightly bigger and came to be known as the “Flowing Hair” cent because it had a woman representing liberty on one side and 15 chain links on the other side.It wasn’t until 1909 that the woman was replaced by President Abraham Lincoln in profile to mark what would have been his 100th birthday.The Mint said that ending penny production will save taxpayers about $56 million annually. And it will continue to be legal tender for as long as its around.That said, the penny is not worth much. You can’t even buy penny candy, which made its debut in 1896, with just a penny.But its cultural value is incalculable.Stingy people still “pinch pennies.” An unexpected windfall is still referred to as “pennies from heaven.” And a fiscal planner who is “penny wise and pound foolish” should be avoided.But after Wednesday, the penny once saved and cherished will be the penny spurned, rather than earned.Corky SiemaszkoCorky Siemaszko is a senior reporter for NBC News Digital.
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Nov. 26, 2025, 11:00 AM ESTBy Kate ReillyThe 99th annual Macy’s Thanksgiving Day Parade will march through New York City again Thursday, boasting 34 balloons, 28 floats and a top-notch lineup of performers. NBC’s “TODAY” show stars Savannah Guthrie, Hoda Kotb and Al Roker will return to host the broadcast this year. What’s the parade route?The parade starts on West 77th Street and Central Park West at 8:30 a.m. ET and ends at Macy’s Herald Square flagship store on 34th Street at noon ET. Early risers start arriving at 6 a.m., according to the parade website.The parade marches 2½ miles through New York City, with designated public viewing areas along the route. Central Park West: Great views can be found along Central Park West from West 75th to West 63rd streets. There is no public viewing on Central Park West between West 59th and West 60th streets, however.West 59th Street: The south side of West 59th Street between Columbus Circle and Sixth Avenue offers great views.Sixth Avenue: Spectators can find excellent views from West 59th to West 38th streets, but they should avoid the area on Sixth Avenue between West 34th and West 38th streets, where viewing is limited. How are the balloons prepared for flight?Catch a sneak peek of Macy’s signature giant character balloons as they come to life on Thanksgiving eve. From 1 to 6 p.m. ET Wednesday, Macy’s offers the opportunity for members of the public to get a behind-the-scenes look at parade preparation. The line will open at noon at West 72nd Street and Columbus Avenue, where viewers will head to West 77th Street and Central Park West to see the balloons being blown up. The route continues across West 77th Street, then north on Columbus Avenue to West 81st Street. Viewers will exit the inflation area at West 81st Street and Central Park West and continue north on Central Park West to see the float assembly between West 81st and West 86th streets.How can it be watched at home?NBC and Peacock will broadcast the parade starting at 8:30 a.m. in all time zones. The broadcast will end at noon, with an encore telecast airing at 2 p.m. In addition to the main celebration being hosted by Guthrie, Kotb and Roker, a Spanish-language simulcast on Telemundo will be hosted by the network’s Andrea Meza, Aleyda Ortiz and Clovis Nienow. Who is performing this year?The parade will feature 28 performers, 11 marching bands, 33 clown crews and nine performance groups. “Wicked: For Good” star Cynthia Erivo will begin the broadcast with a touch of magic by performing the opening number. Country superstar Lainey Wilson, who is concluding her sold-out “Whirlwind World Tour” this month, will perform her hits in front of Macy’s Herald Square.EJAE, Audrey Nuna and REI AMI, the singing voices of HUNTR/X from Netflix’s “KPop Demon Hunters,” will also take the stage.Other must-see performers include Ciara, Callum Scott, Colbie Caillat, Russell Dickerson, Darlene Love, Busta Rhymes, Lauren Spencer Smith and “Hamilton” star Christopher Jackson. What’s new this year?Four new character balloons will be showcased this year, including Buzz Lightyear by Pixar Animation Studios; Pac-Man by Bandai Namco Entertainment America; Shrek’s Onion Carriage from Universal Pictures’ DreamWorks Animation; and Mario by Nintendo. Derpy Tiger and Sussie from “KPop Demon Hunters” will also join the lineup as a midsized balloon and balloonicle. The parade will welcome back a new trio of hippos descended from Happy Hippo’s past with a first-of-its-kind balloonicle. The Frost Pips from the Elf on the Shelf Santaverse will make their debut this year as the parade’s largest-ever balloonicle. The parade will feature six new floats, including The Land of Ice & Wonder by Holland America Line, Brick-tastic Winter Mountain by the Lego Group, Master Chocolatier Ballroom by Lindt, Upside Down Invasion: Stranger Things by Netflix, Friends-giving in POP CITY by Pop Mart and the Counting Sheep’s Dream Generator by Serta. The new floats will join a lineup of returning fan favorites, with Santa’s Sleigh taking up the rear and closing out the parade.Kate ReillyKate Reilly is a news associate with NBC News.
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Oct. 14, 2025, 1:37 PM EDTBy Chantal Da SilvaA triumphant President Donald Trump has declared “peace in the Middle East” between Israel and Hamas, claiming to have brought one of the world’s most deeply entrenched conflicts to an end. But on the ground, lasting peace looks more like an aspiration than a certainty. As the first phase of Trump’s plan held through Monday, families across Israel, the Gaza Strip and the occupied West Bank rejoiced as 20 hostages and some 2,000 Palestinian prisoners and detainees were freed. The bodies of only four of 28 deceased hostages were returned.In Gaza, relief at Israeli forces’ withdrawal to pre-approved boundaries mingled with despair. Families returned to destroyed homes, searched in the debris of bombed buildings for the remains of loved ones and despaired over where their next meal would come from.Amid bittersweet moments that Trump said marked the start of a “lasting harmony,” questions about the present and future for Palestinians and Israelis are growing. Gaza’s immediate needs Palestinians welcomed the relative silence that fell over the enclave after a ceasefire was declared Friday, bringing a halt to the constant hum of drones and exploding bombs.There was only so much to celebrate. Israel has killed close to 70,000 people, according to Palestinian health officials, and most of the buildings in the enclave have been damaged or destroyed. Most of the population is still living without adequate access to food, shelter, care and other vital needs.
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