September hiring slows sharply and unemployment ticks up to 4.2%, stocks rise as rate-hike bets fade, two Iranian men are charged over an alleged plot against Manchester's Jewish community, Congo's Ebola death toll passes 4,000, and baseball's division series start Saturday.
The Labor Department says employers added 29,000 jobs in September, well below economists' forecasts, and the unemployment rate rose to 4.2% from 4.1%. July and August were revised down by a combined 60,000 jobs. Average wages were up 3% from a year earlier, the smallest gain since May 2021, according to the AP.
U.S. stocks rose Friday after the softer-than-expected jobs report pushed Treasury yields lower and reduced expectations of another Federal Reserve rate hike. The tech-heavy Nasdaq led the major indexes, up about 1.2%, and Nvidia shares hit a record high.
British counter-terrorism police charged Salam Ahmadyan, 36, and Rahman Salehi, 34, both Iranian nationals, with preparing terrorist acts. Police allege they planned to target the Jewish community in the Manchester area ahead of Yom Kippur and say the men were in contact with an overseas third party who may be in Iran. Police say there is no ongoing threat to the public. The men are due at Westminster Magistrates' Court on Saturday. The charges have not been tested in court.
Congo's health ministry says 4,018 people have died among 8,300 confirmed cases in the Ebola outbreak, which the AP describes as the fastest-growing on record. A treatment center near Bunia in Ituri province burned down this week, and the U.N. says that makes halting the outbreak even harder. Unpaid health workers have also protested.
All four MLB Division Series open Saturday: the White Sox at the Guardians, the Braves at the Dodgers, the Yankees at the Rays and the Padres at the Brewers. The Yankees, White Sox and Padres swept their wild-card series; the Braves beat the Phillies two games to one.
The same fact-checked briefing, sources included, at 6 AM and 5 PM Central. No spin, no spam — unsubscribe anytime.
We only use your email to send the briefing.
