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US Jobs Surge Raises Odds of December Fed Hike

On Bloomberg This Weekend, Bloomberg Economics Chief US Economist Anna Wong says October's surprisingly strong jobs report showed hiring broadening into white collar, manufacturing and transportation jobs, strengthening the case for another Federal Reserve rate hike. Wong tells hosts Christina Ruffini and Lisa Mateo how the Bloomberg Price Project uses millions of alternative data points to provide an independent, more granular measure of US inflation. (Source: Bloomberg)

Bloomberg · 3h ago
U.S. adds 165,000 jobs in October, unemployment rate drops to 4.1%

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. 

NBC News · Nov 6
White House Delays Hearing on Fed Governor

The administration pushed back a hearing for Lisa D. Cook, the Federal Reserve governor that President Trump has tried to fire, after her lawyers raised scheduling issues.

The New York Times · Nov 4
Democrats Need to Focus on Corruption, Affordability Says Rep. Morelle

Democratic Representative Joe Morelle of New York said that Democrats need to focus on anti-corruption efforts and setting American families up for success after voters handed the party control of both chambers of Congress. Morelle also said that President Trump's continued focus on his White House ballroom today after voters repudiated his policies 'says volumes about his leadership.' (Source: Bloomberg)

Bloomberg · Nov 4
Middle East Oil Markets Flash Signs of Abundance as Flows Rise

Middle East oil markets are indicating near-term supply is outpacing demand for the first time since July — when global prices plummeted after a temporary ceasefire between the US and Iran allowed tankers to exit the Persian Gulf through the Strait of Hormuz.

Bloomberg · Nov 3
Gold Rebounds as Investors Seek Cash

Gold is trying to recover after its worst October since 2008, but market jitters are turning the metal into a source of liquidity, not a safe haven.  Suki Cooper,  Standard Chartered Global Head of Commodities Research explains the pressure near $4,000, where support may emerge, and why silver faces even tougher headwinds. (Source: Bloomberg)

Bloomberg · Nov 2
Currie Sees Permanent 'Regime Shift' in Oil Market

Jeff Currie, CEO and founder of Real Macro, says physical oil is pricing in a permanent "regime shift" in energy markets. Speaking to Bloomberg's Abeer Abu Omar at the Adipec conference in Abu Dhabi, Currie explains why Brent is close to $99 a barrel for long-dated contracts, and why the true driver isn't near-term conflict, but an aggressive push toward system-wide energy security and redundancy. (Source: Bloomberg)

Bloomberg · Nov 2
By The Way: Headlines You May Have Missed

AI in White House press releases, a 'brutal' but surprisingly popular class at Harvard, Life Magazine rises again, and the dwindling justification of day light savings: Join Nathan Hager, David Gura and Lisa Mateo for a roundup of headlines you may have missed, but gotta see. (Source: Bloomberg)

Bloomberg · Nov 1