September jobs report, UAW strike, CFPB interview: What to watch

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The September jobs report will be released on Friday, October 6, with economists expecting 170,000 jobs to be added to the U.S. economy. As the United Auto Workers strike against the Big Three — Ford (F), General Motors (GM), and Stellantis (STLA) — continues, Union President Shawn Fain is expected to release a statement on Friday afternoon. Yahoo Finance will be interviewing Consumer Financial Protection Bureau Director Rohit Chopra on Friday. Yahoo Finance's Josh Lipton takes a look at what to watch for on Friday, October 6. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.

Yahoo Finance will be interviewing Consumer Financial Protection Bureau Director Rohit Chopra on Friday.

Fred Couples, the United States Ryder Cup vice-captain, has branded Rory McIlroy the “disrespectful” one in his furious bust-up with two of the American caddies during last weekend’s contest.Mike Segar/ReutersThe judge who doomed Donald Trump’s family business last week took an aggressive and preemptive step on Wednesday to ensure the former president can't secretly shift assets to salvage his real estate empire.

Victoria Beckham finally breaks her silence on husband David's alleged affair with Rebecca Loos after 20 years Sophie, Duchess of Edinburgh, attended a glamorous gala dinner at Windsor Castle where she wore a beautiful Oscar De La Renta dress and a set of mysterious pearlsDeadly history of Canada's Speaker: What's really behind the 'dragging' tradition?Jimmy Kimmel Fires Back At Trump’s Late-Night Insult With Creepy Reminder

 

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Jobs report expectations: Still 'stickiness of demand' for workers, strategist saysThe September employment report will be released Friday, October 6th. Economists estimate approximately 170,000 jobs were added last month and are closely monitoring changes in unemployment and wage growth data. According to U.S. Bank Asset Management CIO Eric Freedman, the resilience of the broader economy is due to the labor market.  'There's still some stickiness of demand for employers to find workers, it remains, especially for small businesses, a tough environment to keep people in chairs,' Freedman tells Yahoo Finance. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
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Housing market: Monthly payments up 122% in 3 years, report saysDespite competition cooling in the housing market, homebuyers continue to face challenges as mortgage rates remain high. The average 30-year fixed mortgage sits at 7.31 percent as of September 28, according to Freddie Mac. Monthly principal and interest for a home has increased 122 percent in the past three years, according to Zillow. Yahoo Finance Reporter Dani Romero discusses the latest news on the housing market. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
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Oil demand: We are still in an oil bull market, analyst explainsOil demand remains high despite inflation and other economic pressures keeping consumers on tightened budgets. Claudio Galimberti, Rystad Energy SVP & Head of Americas Research, joins Yahoo Finance Live to share his oil demand predictions for 2024. 'We are still in that phase' of an oil bull market, Galimberti tells Yahoo Finance, making a callback to previous comments on the energy market's reaction to OPEC's production cuts. Galimberti predicts a 'very sizable' rate of oil demand heading into 2024, coinciding with forecasts for extended production cuts from Saudi Arabian producers. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
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Amazon Prime day sales event to kick off holiday deals: ExpertAmazon's Prime Big Deal Days (AMZN) event will run on October 10 and 11. Adobe's Head of Digital Insights Vivek Pandya tells Yahoo Finance Live that the event will be one of the first big discounting events of the holiday shopping season. Pandya says that they are anticipating discounts will weaken after the event only to escalate, with discounts as much as 20 percent, starting November 1. The best deals will 'kick in' the weekend going into Thanksgiving week, Pandya says, with discounts as deep as 35 percent, only to weaken to about 16 percent for the rest of the season. Overall, Adobe Analytics predicts up to $221 billion in e-commerce sales driven by promotions like cyber week sales and 'Buy Now, Pay Later.' 'The holiday season is that time period where they're really looking to get their gift giving done,' Pandya tells Yahoo Finance, adding, 'and they're wanting to do it in a way where they can get maximum value and kind of manage costs.' For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live
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Labor market showing cracks, but not enough to sway Fed: StrategistAhead of the September jobs report on Friday, October 6, Envestnet Co-CIO Dana D'Auria joins Yahoo Finance Live to discuss what recent employment data may mean for the future of Federal Reserve rate hikes. “It does seem that we’re getting some mixed signals on employment,” amid the ADP and JOLTS report, D'Auria says. “The high level takeaway is… we are starting to see some cracks in the labor market.” But, “overall, the labor market still hasn’t shown the kind of cracks that I think would prevent the Fed from looking at another rate hike,” D'Auria adds. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
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