US Employers Added 119,000 Jobs in September, Unemployment Rose

The US added 119,000 jobs in September, exceeding the estimate of 51,000, according to the Bureau of Labor Statistics. The unemployment rate rose to 4.4%, while hourly earnings increased by 0.2% from the previous month. The release of the September jobs report was delayed due to a government shutdown.

HOOPP Realty Finance, the real estate financing arm of the Healthcare of Ontario Pension Plan, is planning to raise up to C$500 million ($356 million) through its inaugural bond offering, as reported by sources familiar with the situation.

US Treasuries experienced gains following a mixed jobs report that indicated an increase in the unemployment rate. This development has kept the possibility of a Federal Reserve rate cut next month alive, reflecting ongoing market reactions to labor market conditions.

Applications for US unemployment benefits fell to 220,000 last week, suggesting that employers are retaining their workforce despite economic uncertainties. This decline indicates a potential stabilization in the labor market as companies continue to hold onto their employees.

Walmart Inc. has raised its sales outlook for the full year, indicating a positive trend in its performance. However, the company also anticipates an increase in costs in the upcoming months, which could impact its profitability. David Bellinger, a senior equity analyst at Mizuho, has analyzed the results.

The upcoming UK budget is anticipated to address key issues such as tax increases, pensions, and property, which could significantly impact personal finances. Observers are keen to understand the implications of these changes on the economy and individual taxpayers.

Power generated from fossil fuels in Germany has surged to its highest level in nearly nine months, driven by cold weather and low wind energy production. This increase in fossil fuel reliance has raised concerns about energy supply stability and pricing.

Colombia is tapping the eurobond market for the second time since September to finance a debt buy-back, part of a broader strategy aimed at reducing borrowing costs. This move reflects the government's ongoing efforts to manage its financial obligations amid economic challenges.