Episode details

World Service,06 Oct 2023,26 mins
High US jobs growth fuels rate rise expectations
World Business ReportAvailable for over a year
Employers added 336,000 jobs in September, almost double the 170,000 estimated. We look into the implications this can have on the Federal Reserve's interest rate policy. Russia has lifted a ban on seaborn exports of diesel weeks after imposing a ban to protect the domestic supply. We get the latest details. One of the world's largest oil and gas companies, Exxon Mobil, could buy the biggest oil producer in Texas, Pioneer Natural Resources. We find out what this could mean for the industry. (Picture: A 'now hiring' sign on the window of a Hair Cuttery salon in Bethesda, US. Picture credit: JIM LO SCALZO/EPA-EFE/REX/Shutterstock)
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