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."
Chapters
00:00:00 Bloomberg Businessweek Daily
00:02:06 Markets React to the Jobs Report
00:04:00 Jobs, Wages & the Fed
00:09:17 G7 Oil Release & Energy Prices
00:12:40 Labor Market & Economic Outlook
00:14:17 Consumers, Wages & Higher Costs
00:15:31 Mortgage Rates & the Housing Market
00:17:44 AI, Productivity & Labor Supply
00:19:00 Markets: Jobs, Rates & Oil
00:20:57 Website Domains in the Age of AI
00:23:39 Small Businesses & the Digital Economy
00:25:38 AI’s Impact on Website Creation
00:26:27 Managing AI Costs & ROI
00:29:14 Public vs. Private Company Life
00:32:35 Markets: Tesla, Rivian & Ford
00:34:49 Chicago Bears Stadium Debate
00:37:47 Illinois vs. Indiana for the Bears
00:39:23 Stadium Costs & Fan Affordability
00:42:36 Markets: Nike, Seagate & Freeport
00:47:53 DOJ & the Fed Renovation Investigation
——–
More on Bloomberg Television and Markets
Like this video? Subscribe and turn on notifications so you don’t miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9
Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more.
Connect with Bloomberg Television on:
X: https://twitter.com/BloombergTV
Facebook: https://www.facebook.com/BloombergTelevision
Instagram: https://www.instagram.com/bloombergtv/
Connect with Bloomberg Business on:
X: https://twitter.com/business
Facebook: https://www.facebook.com/bloombergbusiness
Instagram: https://www.instagram.com/bloombergbusiness/
TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en
Reddit: https://www.reddit.com/r/bloomberg/
LinkedIn: https://www.linkedin.com/company/bloomberg-news/
More from Bloomberg:
Bloomberg Radio: https://twitter.com/BloombergRadio
Bloomberg Surveillance: https://twitter.com/bsurveillance
Bloomberg Politics: https://twitter.com/bpolitics
Bloomberg Originals: https://twitter.com/bbgoriginals
Watch more on YouTube:
Bloomberg Technology: https://www.youtube.com/@BloombergTechnology
Bloomberg Originals: https://www.youtube.com/@business
Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake
Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol
Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts
Tags: Bloomberg, Bloomberg Finance, Bloomberg Makets, Bloomberg Media, Bloomberg Stocks Markets, Bloomberg Television, Bloomberg Television News Videos, Bloomberg TV, Bloomberg Videos, Breaking News, Breaking World News, Business News, International News, Latest National News, Latest News and Videos, Latest World News, World News