Federal Reserve announces emergency meeting on auto lending regulations • Click for details

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US hiring surges, bolstering case for another Fed rate hike

Nonfarm payrolls increased 336,000 in September

Bloomberg News

US employment unexpectedly surged in September, illustrating a durable labor market and bolstering the case for another Federal Reserve interest-rate hike. Nonfarm payrolls increased 336,000 last month — the most since the start of the year — after sizable upward revisions to the prior two months, a Bureau of Labor Statistics report showed Friday. The […]

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