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Business Rundown: Shocking Jobs Report Blows Past Expectations

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For weeks, economists and analysts reacted with caution to the August jobs report that showed a hiring slowdown, some even questioning if the Fed’s aggressive rate cut would ease inflation at the expense of our labor market. The September jobs report released this morning paints a very different picture for the US economy. 254,000 jobs added. The unemployment rate ticked down 0.1 percent. Average hourly earnings are up 4 percent year-over-year. FOX Business correspondent Gerri Willis speaks to Annex Wealth Management chief economist Brian Jacobsen about what’s behind the unexpectedly strong jobs report and its impact on future Fed monetary policy. Later, they analyze Wall Street’s volatile week caused by Middle East tensions and the resolution of a loom port strike. Photo Credit: AP
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AP Headline News – Oct 04 2024 16:00 (EDT)

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The Latest: Harris to visit Michigan while Trump heads to Georgia

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AP Washington correspondent Sagar Meghani reports on President Biden’s first ever appearance before reporters in the White House briefing room.

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Biden makes surprise appearance at WH press briefing.

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3PM ET 10/04/2024 Newscast
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AP Headline News – Oct 04 2024 15:00 (EDT)

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3 PM ET: Battleground campaigning, Iran’s warning, world’s smallest Rubik’s cube & more

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The presidential race remains close as both campaigns continue their pitch to voters in the final sprint to Election Day. Iran is ramping up its threats against Israel as the country’s operation in Lebanon intensifies. We’ll break down one of the many cases the US Supreme Court will hear when its new term starts next week. A new assessment nearly doubles the previously estimated death toll of an attack in Burkina Faso. And, we’ll tell you how tiny the world’s smallest Rubik’s cube actually is.
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Garth Brooks accused of rape in lawsuit from hair-and-makeup artist

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AP correspondent Jackie Quinn reports on Garth Brooks’ response to sexual assault allegations that were filed in a Los Angeles court.

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2PM ET 10/04/2024 Newscast

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2PM ET 10/04/2024 Newscast
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AP Headline News – Oct 04 2024 14:00 (EDT)

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1PM ET 10/04/2024 Newscast

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1PM ET 10/04/2024 Newscast
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