Timothy Sumer

The latest jobs report from private payroll firm ADP shows the labor market remains resilient. Also, Bank of America now says a soft landing for the economy is likely with a recession being avoided. But the optimism comes as the credit rating agency Fitch downgraded the U.S. credit rating from AAA to AA+. NBC News’ Tom Costello breaks down why and what it means for Americans. » Subscribe to NBC News: » Watch more NBC video: NBC News Digital is a collection of innovative and powerful news brands that deliver compelling, diverse and engaging news stories. NBC News Digital features NBCNews.com, MSNBC.com, TODAY.com, Nightly News, Meet the Press, Dateline, and the existing apps and digital extensions of these respective properties. We deliver the best in breaking news, live video coverage, original journalism and segments from your favorite NBC News Shows. Connect with NBC News Online! NBC News App: Breaking News Alerts: Visit NBCNews.Com: Find NBC News on Facebook: Fo

Though President Biden insists a “recession is not inevitable,” many business leaders disagree. According to a new survey, 60% of global CEOs expect a recession in the next 12 to 18 months. The first quarter of 2022 contracted, which was blamed on the Omicron variant, and if another quarter contracts, the U.S. will officially be in a recession. And the big question now given inflation, will Americans cut back on spending?   » Subscribe to NBC News: » Watch more NBC video: NBC News Digital is a collection of innovative and powerful news brands that deliver compelling, diverse and engaging news stories. NBC News Digital features NBCNews.com, MSNBC.com, TODAY.com, Nightly News, Meet the Press, Dateline, and the existing apps and digital extensions of these respective properties. We deliver the best in breaking news, live video coverage, original journalism and segments from your favorite NBC News Shows. Connect with NBC News Online! NBC News App: Breaking News Alerts: Vis

STATE PENSION AGE TO RISE AGAIN 😲 Please subscribe, like, and turn on notifications if you enjoyed the video! SUPPORT ANDY THE GABBY CABBY --------------------------------------------------- ►►► Become a YouTube Member to get access to perks: ► GET MERCH: ► Andy The Gabby Cabby Website: ► Support Andy The Gabby On P️atreon: ► Subscribe for free: FOLLOW US --------------------------------------------------- 🐦 Twitter: 👍 Facebook: 🎥 Instagram: WATCH MORE --------------------------------------------------- ► News: ► ️ Cost Of Living Crisis: ► Andy’s Tips: ► Previous Livestreams: ► Members Videos: This video may contain copyrighted material the use of which has not been specifically authorized by the copyright owner. This material is being made available within this transformative or derivative work for the purpose of education, commentary and criticism, and is believed to be "fair use"... ( read mo

Tesla CEO Elon Musk says he is backing out of buying Twitter. Plus, NBC News’ Tom Costello reports on today’s employment report, which exceeded expectations with more private sector jobs added than existed before the pandemic. The U.S. economy added 372,000 jobs last month according to data from the Bureau of Labor Statistics. Many industries saw big gains including health care, business services, leisure and hospitality, transportation, and manufacturing. Unemployment is still near 50-year lows with more jobs open than workers to fill them.» Subscribe to NBC News: » Watch more NBC video: NBC News Digital is a collection of innovative and powerful news brands that deliver compelling, diverse and engaging news stories. NBC News Digital features NBCNews.com, MSNBC.com, TODAY.com, Nightly News, Meet the Press, Dateline, and the existing apps and digital extensions of these respective properties. We deliver the best in breaking news, live video coverage, original journalism a

Silicon Valley Bank, the 16th largest bank in the United States, is shut down. With $175 billion in deposits, it is the biggest American bank to fail since the 2008 financial crisis. CNBC’s Deirdre Bosa reports. » Subscribe to NBC News: » Watch more NBC video: NBC News Digital is a collection of innovative and powerful news brands that deliver compelling, diverse and engaging news stories. NBC News Digital features NBCNews.com, MSNBC.com, TODAY.com, Nightly News, Meet the Press, Dateline, and the existing apps and digital extensions of these respective properties. We deliver the best in breaking news, live video coverage, original journalism and segments from your favorite NBC News Shows. Connect with NBC News Online! NBC News App: Breaking News Alerts: Visit NBCNews.Com: Find NBC News on Facebook: Follow NBC News on Twitter: Get more of NBC News delivered to your inbox: nbcnews.com/newsletters #SiliconValleyBank #Finance #NBCNews... ( read more ) BREAKIN