It’s the time of year when fraudsters get ready to take advantage of consumers, and according to a report from Norton, 88% of those who have fallen victim to a holiday shopping scam lost about $400. NBC’s Brian Cheung joins TODAY with the tactics being used this year, how AI is coming into play and tips to avoid scams including setting a secret code word and more.

The U.S. economy added 165,000 jobs in October, a surprise that far outpaced expectations by economists and analysts. The unemployment rate in October dropped to 4.1%, extending a near-historically low streak. NBC News’ Christine Romans and editor-in-chief at Investopedia, Caleb Silver, break down the latest data from the jobs market. 

The U.S. added 165,000 jobs in October, a surprisingly strong number that includes what appear to be some AI-related construction and manufacturing jobs.

The S&P 500 and the NASDAQ had their worst day Thursday since April 2025, with tech stocks and companies tied to AI among the biggest losers. Investors say it’s all about the uncertainty over how a Democratically-controlled Congress will work with President Donald Trump. NBC’s Brian Cheung reports for TODAY.

Tech stocks in the U.S. steadied Friday after suffering one of their worst routs in years, as investors weighed the prospect of an AI investment slowdown.