September Hiring Trudged Along but Labor Market Still on Steady Track
Anemic hiring fell far short of expectations with 29,000 jobs added last month, but the unemployment rate remains near historic lows.
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U.S. Stocks Rise as Jobs Report Tempers Rate Outlook
U.S. stocks ended the week on an upswing after slowing jobs growth tempered expectations that the Federal Reserve will hike rates again later this month.
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G-7 Agrees to Release 100 Million Barrels of Diesel and Crude
The announcement would seem to end the threat of a U.S. ban on diesel exports, at least for now.
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Oil Prices Lower On G-7 Fuel Release Plan
Oil and diesel fuel prices fell after the Group of Seven agreed to release crude oil and fuel from their emergency stocks and not to restrict oil exports.
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U.S. Treasury Selloff Resumes After Brief Respite
Treasury yields hovered near multidecade highs as lingering concerns about the long-term economic outlook weighed on the market.
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Week Ahead for FX, Bonds: Fed Minutes in Focus as Near-Term Rate-Hike Prospects Dim
The Federal Reserve's minutes for its September meeting are due Wednesday and will mark the highlight of the coming week.
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Eurozone Inflation Jumps to Three-Year High on Sharper Energy Costs
Consumer prices were 3.8% higher in September than the same month of last year, up from 3.2% in August.
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Global Food Prices Rise as Cereal and Sugar Costs Surge, UN Says
Transport disruptions and weather concerns have limited supplies and lifted prices for several crop-based commodities.
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China's Peak-Season Auto Sales Growth Disappoints
Chinese electric-vehicle makers recorded subdued September sales growth that pointed to slowing demand in the world's largest auto market, sending shares lower in Hong Kong.
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Fed's Cook Sees AI Buildout as a Major Inflation Risk in 2027
Federal Reserve Governor Lisa Cook warns that shortages of materials and skilled workers could prolong inflationary pressure from the AI buildout.
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South Korea's Inflation Eases But Stays Sticky
Headline inflation moderated last month but remained above the central bank's 2% target, underscoring the challenge of taming price pressures stoked by the energy shock and artificial-intelligence boom.