A slowdown in the US jobs market drove stocks higher on speculation the Federal Reserve won’t be forced to lift rates any time soon. The US added fewer jobs than expected in September and wage growth slowed, signaling some caution among employers amid rising costs. We get reaction from Bloomberg's Mike McKee & Kathy Bostjancic, Senior Vice President & Chief Economist at Nationwide. Network Solutions Group CFO Jennifer Buchanon joins Bloomberg's Nina Trentmann for our CFO Briefing. Plus - Illinois Governor JB Pritzker is signaling that he still sees hope his state will head off the Chicago Bears’ plan to move to Indiana. Vanessa Perdomo-Maglione, Bloomberg Sports Business Reporter, joins for a closer look. All on the latest episode of "Bloomberg Businessweek Daily."
(Source: Bloomberg)
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Oct 2nd, 2026
Traders Waver on Fed Hike Bets After Jobs Report
A slowdown in the US jobs market drove stocks higher on speculation the Federal Reserve won’t be forced to lift rates any time soon. The US added fewer jobs than expected in September and wage growth slowed, signaling some caution among employers amid rising costs. We get reaction from Bloomberg's Mike McKee & Kathy Bostjancic, Senior Vice President & Chief Economist at Nationwide. Network Solutions Group CFO Jennifer Buchanon joins Bloomberg's Nina Trentmann for our CFO Briefing. Plus - Illinois Governor JB Pritzker is signaling that he still sees hope his state will head off the Chicago Bears’ plan to move to Indiana. Vanessa Perdomo-Maglione, Bloomberg Sports Business Reporter, joins for a closer look. All on the latest episode of "Bloomberg Businessweek Daily."
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