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Introducing your new Dell PC with the Intel Core Ultra processor. It helps you handle a lot, even when your holiday to do list gets to be a lot like organizing your holiday shopping and searching for great holiday deals and customer questions and customers requesting custom things. Plus planning the perfect holiday dinner for vegans, vegetarians, pescatarians and Uncle Mike's carnivore diet. Luckily you can get a PC with all day battery life to help you get it all done. That's the power of a Dell PC with Intel inside backed by Dell's price match guarantee. Get yours today@dell.com holiday terms and conditions apply. See dell.com for details. Life is unpredictable, but how you prepare for the unexpected shouldn't be. Take ownership of your life Planning with policygenius to help your loved ones have a financial safety net in case something happens to you. Whether to cover debts and routine expenses or even invest the money and earn interest over time. With policygenius, finding and buying life insurance is simple. You can compare quotes from top insurers and could find coverage that fits your needs and your budget. Plus they offer life insurance policies starting at just $276 a year for $1 million in coverage. It's an easy way to feel good about and planned for the Future. No wonder PolicyGenius is the country's leading online insurance marketplace. Don't wait for life to make other plans. Protect your family. Today head to policygenius.com to compare top rated life insurance policies. Get your lowest quote and make a smart move in under 10 minutes. That's policygenius.com finally we are starting to get some clues about how this labor market is doing from Marketplace. I'm Sabri Benishore in for David Brancaccio. After a month and a half delay because of the government shutdown, we are finally only now getting some official economic data. It is old, it is from September, but it is here. The economy gained 119,000 jobs that month. The unemployment rate went up for the third month in a row to four and a 4.4%. Diane Swonk is chief economist at audit tax advisory firm KPMG and is here to talk about it. Hi Diane, Good morning. So the economy gained 119,000 jobs all the way back in September, a lifetime ago. On the other hand, the job gains for July and August, even older, were revised down so it now looks like the economy lost jobs in August. What does this mean for people out there wondering how secure their job is or how hard it would be to find a new one? We also saw the unemployment rate edge up slightly. Even though participation picked up. Those who were participating were not finding jobs. And we did see a big pickup in college grads looking for jobs and teens looking for jobs. Now the teen participation rate, that is one that's a little bit susceptible to major changes in seasonal factors because September is when people come back to school and they often drop out of the labor market. So that bump up in teenage participation could be a bit of a one month phenomena. And certainly this is all before the government shut down and the collateral damage due to that. The Federal Reserve needs data like this to figure out what to do with interest rates. Should it lower them, raise them, keep them as is. There's already a lot of disagreement on that. Does this old data help? It doesn't help them lower interest rates, but it isn't enough data because it is prior to the shutdown. And the Fed has already made clear that they are going to be short of data. We know some data will not be published at all, like the unemployment rate for the month of September of October or the cpi. And none of the employment data that we do get for October and November, which we will get some, will be published until after they meet December 10th. Which is one of the reasons why those who wanted to do yet one more rate cut this year have decided to hold off in the month of December and wait until the fog lifts so they can get a clearer picture of where the economy and inflation actually are. All right, so you think that they will hold tight on interest rates? The Fed's going to hold tight in December and there is only three members of the Fed right now that have shown a strong preference for cutting. The remainder are very hesitant to cut in the month of December. Diane Swonk, chief economist at kpmg, thank you so much. Thank you. Walmart is feeling good heading into the holiday season. The world's largest retailer released its latest quarterly results this morning. It beat analysts expectations and it raised its outlook for the year. Marketplace's Nancy Marshall Genser has more. Walmart reported third quarter revenue of almost $180 billion. That's up 5.8% over the same time last year. Walmart says it now expects sales for the full year to rise by about 5%. It says its global e commerce business grew by 27%. Walmart has been investing heavily in AI. It announced a new partnership with OpenAI last month. Customers will be able to shop at Walmart by chatting and buy Walmart products in the ChatGPT app using its instant checkout. Walmart says customers can browse, plan meals and restock essentials just by chatting. And ChatGPT will learn to predict what they need. I'm Nancy Marshall Genser for Marketplace. This episode is brought to you by Intuit. QuickBooks in business, cash flow isn't just a number. It's the heartbeat of your operation. And when it's out of sync, everything slows down. QuickBooks Money management tools gives you real time insights into your finances so you know where your money stands and where it's headed. No more manual entry, no more chasing invoices. Just clarity, confidence and control. Whether you're paying vendors managing 1099s or preparing for tax season, QuickBooks keeps your books updated automatically so you can spend less time on busy work and more time building your business. Learn more about QuickBooks Money Tools today. Visit QuickBooks.com money Again, that's QuickBooks.com Money Terms apply. Money movement services are provided by Intuit Payments, Inc. Licensed as a money transmitter by the New York State Department of Financial Services. We've all done it. Stock our fridge with good intentions only to sacrifice nutrition for convenience. Keep your body and mind nourished with whole body meal shakes from cachava. It's got 25 grams of protein, 6 grams of fiber, greens and so much more, but it actually tastes delicious. Try one of Cachava's indulgent flavors today. Shop now through December 2nd. To get 30% off your first purchase of two or more bags, go to cachava.com and use code News that's K A C H A V A.com code news consumers have been kind of cranky this year. Surveys show consumer sentiment has been falling for the past few months and is now close to a decades long low. Tomorrow, we'll get the latest snapshot on that from the University of Michigan. However, consumer time sadness doesn't necessarily translate to sad spending. People have kept on shopping. Marketplace's Mitchell Hartman has more. LendingTree recently surveyed Americans about their personal finances, money coming in and going out every month and, says consumer finance analyst Matt Schultz, an awful lot of people are saying that the economy is making it more difficult to afford their bills. Three out of four consumers say that the causes are familiar tariffs, inflation, high interest rates and debt payments and for some, worries about jobs and income. Even though the unemployment rate is low, those folks who have lost a job are taking a really long time to find the next one. The conference board also finds consumers losing confidence in the job market. But actually, says chief economist Dana M. Peterson, our own measure of CEO competence indicates that companies are not looking to let people go as long as the labor market has been holding up. Yes, consumers are expressing concern about affordability and uncertainty. Most people are still working and capable of spending. The conference board does find that consumers plan to spend less on holiday gifts than last year. It's going to be things that they believe that person needs rather than wants. Except drill down to what people say they actually intend to purchase. Toys and vacations and video games. You know, things like that. Discretionary items, not necessities. The American consumer. Go figure. I'm Mitchell Hartman for Marketplace. The number of new international students coming to study in the US dropped by a whopping 17% this fall, according to new data out this week from the Institute of International Education. International students contribute a lot to the schools they go to and to local economies. In this latest story in our occasional series about immigration policy changes in the workforce, Marketplace's Samantha Fields reports a 17% drop in new international students in one semester is a lot. That is the largest decline that we've seen outside of the pandemic in a single year. Clay Harmon at AirSea, the association of International Enrollment Management, says it's largely due to immigration policies coming out of the White House. This administration has taken concrete steps to make it more difficult to study in the United States, and they have also taken less concrete steps that kind of generate an atmosphere of uncertainty about studying in the U.S. those include a nearly month long pause on all visa appointments last spring, new enhanced vetting of student applicants and their social media, and the recent travel ban on 19 countries. Harmon says the decline in international enrollment is a big deal and not just for students in colleges. When we think about the economic impact, we need to think beyond the direct impact on institutions and also think about the local jobs that are being supported this fall alone. Fonta Ave at NAFSA association of International educators says the U.S. economy has lost $1.1 billion because of the drop in international enrollment and more than 20,000 jobs. For every three international students, one US job is created and supported. And that's in many sectors, right? Education, health insurance, telecommunications, transportation, retail and the like. Fewer international students paying tuition and buying groceries, pizza and books adds up, AV Says, for colleges and for towns that revolve around them, whether you're a small business, et cetera, whether you're insurance company that's trying to make it, or whether you're a landlord that's trying to, you know, rent an apartment and so forth. Smaller specialized colleges, Christian colleges and regional universities that have high international enrollment will likely be disproportionately affected if this decline continues. According to Dick Starts at the University of California, Santa Barbara, some are already struggling financially and then if on top of that they lose high paying international students, that's going to be an existential threat to some places. At Edmonds College, just north of Seattle, President Amit Singh says new international enrollment is down about 25% this fall. If things do turn around and we start picking up again like winter term, spring term, summer term, then we'll be okay. If not, then it become more concerning. A sustained drop in new international enrollment like the one Edmonds has seen this fall could mean a loss of a million dollars a year for the college, which Singh says is enough to support at least 15 jobs on campus. And at this point, applications for the winter term are down. That is what Fonta Ave at NAFSA is most worried about, that this fall's decline is not just a blip. 2026 is really going to be the litmus test for us, right? Because then people would have had an entire year to make the decision about am I going to apply to US Universities or not? And we always said that if we saw decline in the fall of 2025, that 2026 would be significantly worse. And now that decline has happened. I'm Samantha Fields for Marketplace. This is the Marketplace Morning Report from APM American Public Media. Imagine a future where chocolate and coffee are rare and expensive, where cheap nutritional staples like corn and wheat are threatened. Sounds unpleasant, doesn't it? Well, we could be heading there if we don't recognize that the climate crisis is also a food crisis. I've seen yields drop because of drought, and believe me, boy, have I seen them drop. We have had dry spells that have lasted years. I'm Amy Scott. This season on How We Survive, we investigate how the climate crisis is threatening our most vital food systems and how scientists are racing to develop alternatives that will shape the future of food. Listen to this season of How We Survive on your favorite podcast app.