What the delayed jobs report says about the economy
Nam Y. Huh/AP
The Labor Department released September’s monthly jobs report, showing employers added 119,000 jobs, which is the strongest increase since April. But it also shows the unemployment rate ticking up. NPR’s Scott Horsley joins us.
Then, we speak with two California congressmen, Democrat Sam Liccardo and Republican Kevin Kiley,
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Read MoreAsian stocks track Wall Street’s drop, erasing previous day’s gains
MANILA, Philippines (AP) — Asian stocks on Friday tracked Wall Street’s sharp drop in skittish trading, with the region’s major benchmarks erasing the previous day’s gains.
The future for the S&P 500 was up 0.3% while that for the Dow Jones Industrial Average edged 0.4% higher.
Japan’s Nikkei 225 fell 2.4% to 48,625.88 as worries persist about a bubble in artificial intelligence-related shares.
» Read more about: Asian stocks track Wall Street’s drop, erasing previous day’s gains »
Read MoreWarren Buffett's $382 Billion Warning Will Ring True for Wall Street Even After He Retires in Less Than 6 Weeks
Although the Oracle of Omaha’s actions will live on beyond his retirement, Berkshire Hathaway will continue to serve as an anchor of optimism for long-term-minded investors.
One of the most illustrious investing careers on Wall Street is officially in its twilight. Billionaire Warren Buffett is set to step down from his role as CEO of Berkshire Hathaway (BRK.A +0.29%)(BRK.B +0.12%) when the calendar changes to 2026,
Global stocks slide after sharp reversal on Wall Street
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» Read more about: Global stocks slide after sharp reversal on Wall Street »
Read MoreAsian stocks track Wall Street’s drop, erasing previous day’s gains
MANILA, Philippines (AP) — Asian stocks on Friday tracked Wall Street’s sharp drop in skittish trading, with the region’s major benchmarks erasing the previous day’s gains.
The future for the S&P 500 was up 0.3% while that for the Dow Jones Industrial Average edged 0.4% higher.
Japan’s Nikkei 225 fell 2.4% to 48,625.88 as worries persist about a bubble in artificial intelligence-related shares.
» Read more about: Asian stocks track Wall Street’s drop, erasing previous day’s gains »
Read MoreThe Burst
Forget Billionaire’s Amazon Buy, Time For This Mag 7 Stock?
Stanley Druckenmiller’s Q3 purchase of nearly half a million Amazon shares drew attention, but the move is more interesting when viewed in context.
Druckenmiller has a long habit of trading Amazon in cycles, buying heavily when sentiment softens and trimming when momentum returns. His last cycle didn’t produce much upside, making his decision to jump back in at a higher cost especially noteworthy.
» Read more about: Forget Billionaire’s Amazon Buy, Time For This Mag 7 Stock? »
Read MoreThe Ivy
Brand Name Stock with Room to Run
Entertainment may have expanded well beyond Los Angeles, but its center of gravity hasn’t moved. From its base in Burbank, The Walt Disney Company continues to operate a global engine that spans film, television, streaming, sports, parks, merchandise, and travel. Competitors like Warner Bros.
Discovery and Skydance may circle potential mergers, but even a combined entity wouldn’t approach the depth or global reach Disney has spent generations building.
» Read more about: Brand Name Stock with Room to Run »
Read MoreThe Spotlight
Europe Turns Up the Heat on Google, Again
Alphabet shares slipped early Thursday after regulators in Brussels unveiled yet another inquiry into Google’s business practices. The stock was down Friday, and the reason isn’t exactly mysterious because Europe is once again questioning whether the world’s most influential search engine is playing fair.
At the center of the latest dispute is the European Union’s Digital Markets Act,
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