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Trump Praises G7 on Diesel Release, Stocks Closer Higher, More

Oct 2, 2026 · 6m

Summary

President Trump praised European leaders for releasing diesel reserves to curb record fuel prices, while a weak US jobs report boosted stocks on expectations of delayed Fed rate hikes. The Justice Department confirmed it is not reopening a criminal probe into Fed Chair Powell, though Paramount faces higher interest costs after selling $52 billion in debt to fund its Warner Bros. Discovery acquisition. Additionally, Saudi Arabia is planning an offensive against Yemeni Houthis, and the NFL suspended 49ers owner Jed York for six games following his arrest in a prostitution sting.

Topics discussed

Sponsor: PayPal Pay Later for holiday shoppers G7 leaders plan to release diesel reserves to lower prices Markets react to weak jobs data; Fed rate hike odds drop DOJ closes criminal probe into Fed Chair Powell's renovation Kevin Hassett analyzes September jobs report and federal cuts Paramount sells $52B in bonds to fund Warner Bros. takeover Midterm election focus: Affordability vs. political rhetoric Saudi Arabia plans offensive against Houthis; US deploys carrier NY AG appointed to investigate Cornell gang rape allegations FAA clears new Boeing 737 Max software glitch as safe NFL suspends 49ers owner Jed York for six games Sponsor: PayPal Checkout and Pay Later conversion stats Promo: Bloomberg Tech London conference on AI Sponsor acknowledgments
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