Stocks Rise After Latest Jobs Report, No Powell Probe, More
Summary
A slowdown in US jobs and wage growth boosted stocks on speculation the Fed will hold rates steady, while the DOJ confirmed it is not reopening a criminal probe into Jerome Powell over Fed renovation costs. The G7 agreed to release 100 million barrels of oil reserves to curb fuel prices, and Paramount sold $52 billion in debt to fund its Warner Bros. Discovery acquisition. Geopolitical tensions rose as Saudi Arabia planned a Yemen offensive and the US deployed another carrier to the Persian Gulf. Additionally, New York appointed a special prosecutor for a Cornell rape case, and the NFL susp…
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Markets: Stocks rise on jobs slowdown, Fed rate speculation
DOJ not reopening criminal probe into Fed Chair Powell
US jobs report: Fewer jobs added, wage growth slows
G7 to release 100M barrels of emergency oil stocks
Paramount sells $52B in bonds for Warner Bros. takeover
Saudi Arabia plans offensive against Houthis; US deploys carrier
NY Governor appoints special prosecutor for Cornell rape case
Midterm elections: Affordability vs. 'Crazy Left' narrative
FAA clears new Boeing 737 Max software glitch
NFL suspends 49ers owner Jed York for 6 games
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Promo: Bloomberg Tech London event on AI
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