Bloomberg Podcasts · Bloomberg News Now: US Presses Europe to Release Diesel Reserves, US Jobless Claims Fall to 197,000

1. 1. An investigation is underway into a flydubai pilot accused of attacking another pilot and attempting to crash the plane.
2. 2. President Trump's top trade adviser is urging European allies to release diesel reserves amid a significant surge in fuel prices.
3. 3. Crude oil and diesel prices have surged significantly, with WTI nearing $92 and Brent crude approaching $101 a barrel.
4. 4. The ten-year Treasury yield reached 5.24%, its highest since 2002, amid concerns over elevated inflation and government debt.
5. 5. U.S. manufacturing activity expanded slower in September, yet remained in expansionary territory for nine consecutive months.
6. 6. Minneapolis Fed President Neel Kashkari described the U.S. economy as surprisingly strong with low layoffs and healthy labor market conditions.
7. 7. Kashkari stated the Fed's job is to tame inflation after five years of supply shocks, with policymakers committed to reaching its target.
8. 8. U.S. initial jobless claims fell to 197,000, their lowest since July, indicating a strong labor market.
9. 9. The Supreme Court agreed to review a Trump administration policy that denies bond hearings for immigrants amid a broader crackdown.
10. 10. A D.C. judge permanently dismissed a case against a former Olympian accused of vandalizing the Lincoln Memorial Reflecting Pool.