G7 Orders 100 Million-Barrel Emergency Oil and Diesel Release
G7 leaders agreed to release 100 million barrels of oil and diesel reserves over four months, with diesel supplies front-loaded in the first 20 days.
U.S. Added 29,000 Jobs in September as Unemployment Rose to 4.2%
U.S. payrolls increased by 29,000 in September while unemployment rose to 4.2%, according to the Labor Department's October 2 report.
U.S. 10-Year Treasury Yield Touches 5.34% in Global Bond Selloff
The 10-year U.S. Treasury yield reached 5.34% on October 1, its highest level since 2002, before easing as a global government-bond selloff continued.
UnitedHealthcare and Aetna Narrow Some Medicare Advantage Networks for 2027
UnitedHealthcare and Aetna say more 2027 Medicare Advantage plans will limit provider access, making annual network checks especially important during open enrollment.
U.S. Construction Spending Rises 0.9% in August but Remains Below 2025
U.S. construction spending increased 0.9% in August 2026 to a seasonally adjusted annual rate of $2.203 trillion, while remaining 1.7% below the August 2025 level.
U.S. Manufacturing Holds at 54.5 in September as Input-Price Index Jumps
The ISM Manufacturing PMI registered 54.5 in September 2026, marking a ninth straight month of expansion as new orders and employment improved while the prices index rose sharply.
U.S. Weekly Jobless Claims Dip to 197,000 as Continuing Claims Fall
Initial U.S. unemployment claims fell to 197,000 for the week ending September 26, while continuing claims declined to 1.701 million, Labor Department data show.
Foghorn and Lilly End FHD-909 Program; Biotech Plans 40% Workforce Cut
Foghorn Therapeutics and Eli Lilly will not advance the cancer drug FHD-909 after Phase 1 data review, and Foghorn says it will reduce its workforce by about 40%.
Anthropic’s Confidential IPO Filing Reveals Heavy Losses and Cloud Dependence
Reporting on Anthropic’s confidential IPO filing describes heavy operating losses, concentrated cloud relationships and founder voting control.
Japan’s Tankan Shows Eight-Year High in Manufacturer Confidence
Japan’s September Tankan showed manufacturer confidence at an eight-year high, while large non-manufacturer sentiment weakened and inflation expectations remained elevated.