So when will cops don RM30m bodycams? Kepong MP asks after UM student’s court discharge over controversial recording of police raid
Nonfarm payrolls increased by 336,000 jobs last month, the Labour Department said, while data for August was revised higher to show 227,000 jobs were added instead of the previously reported 187,000. The yield on the benchmark 10-year Treasury note jumped more than 13 basis points within a half hour after the report's release to a fresh 16-year high of 4.8874 per cent, adding to this month's steep sell-off. Bond yields move inversely to price.
“It's the best of all worlds as long as inflation keeps coming down and that's the risk ― if inflation doesn't keep coming down,” he said. The addition of 70,000 government jobs suggests another subtle tailwind to the economy, he said. “What you got to point to is fiscal deficit-spending is helping this economy stay stronger than it otherwise would,” he said, adding a caveat:
Brent futures settled up 51 cents at US$84.58 a barrel. US West Texas Intermediate crude futures rose 48 cents to settle at US$82.79.