— The U.S. economy added a strong 254,000 jobs in Sept. up from 159,000 in Aug., with wages up 4% from a year ago and unemployment rate edging down to 4.1%.
— U.S. 30-year mortgage rates rose to 6.5% on average (and are up 42 basis points from mid-September) on the stronger-than-expected job market report.
— U.S. dockworkers on the East and Gulf coasts stopped striking and are again in negotiations but hurdles remain over automation.
— Japan’s companies are optimistic about the country’s growth prospects, after a long period of negative interest rates came to an end this past spring.
— California’s new climate disclosure law for large companies doing business in the state includes reporting on supply chain emissions and will go into effect in 2026.
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