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Lucy Bayly

Lucy Bayly is the business editor for NBC News.

Lucy Bayly is the business editor for NBC News.

Latest from Lucy Bayly

Southwest CEO Gary Kelly to step down

In the airline's 50-year history, it has never had a single layoff or furlough — even during the coronavirus pandemic.
8d ago

Federal Reserve holds interest rates steady, raises expectations for rising inflation

The Fed drastically raised its forecast for inflation and shifted up the timeline for a rate hike.
20d ago

U.S. economy added 559,000 jobs in May, vs. estimates for 675,000

"The mood has changed. The economy has healed as a rising share of the U.S. population has been vaccinated," said one economist.
42d ago

Georgia man arrested and accused of drilling hole into U-Haul truck to steal fuel, causing gas spill

The incident comes as a cyberattack on Colonial Pipeline has caused panic across the Southeast over a possible gas shortage.
43d ago

Despite pipeline restart, thousands of gas stations remain dry

The Colonial Pipeline has been restarted, the company said Wednesday evening — though customers "may experience, or continue to experience, intermittent service interruptions."
49d ago

U.S. economy added just 266,000 jobs last month, vs. estimates for 1 million or higher

"One should never take one month’s data as an underlying trend," Treasury Secretary Janet Yellen said.
50d ago

Peloton reverses course, recalling all treadmills after safety concerns and one death

Peloton shares closed down nearly 15 percent on Wednesday, shaving $4 billion off the company's market value in just one day.
70d ago

Dow hits 34,000 after retail sales boom, lowest weekly jobless claims since pandemic began

"At long last, the economic recovery appears to be picking up speed," said one economist.
84d ago

U.S. economy added 916,000 jobs in March, as vaccinations spur return to normal

"We can see the light at the end of this very dark tunnel.”
84d ago

S&P 500 closes above 4,000 for the first time

"The outlook is brightening across a number of fronts," said one senior economic analyst.
92d ago

Latest weekly jobless claims fall to 684,000, lowest since pandemic began

"Increased vaccinations are hopefully the beginning of the end," said one economist.