HONG KONG (AP) — European stocks rose in early trading today while Asian markets were lackluster as investors waited for a U.S. jobs report that could influence when the U.S. Federal Reserve chooses to raise interest rates for the first time in nearly a decade. Futures point to a higher opening on Wall Street. Benchmark U.S. crude oil rose to just below $45.50 a barrel. The dollar gained against the yen and the euro.
WASHINGTON (AP) — Analysts are expecting another month of healthy jobs data from the labor Department today. Analysts say they expect employers in the world’s biggest economy added 206,000 jobs in September, resulting in the unemployment rate holding steady at 5.1 percent. The numbers are taken into consideration by the Federal reserve as it mulls raising interest rates from record low levels.
WASHINGTON (AP) — The Labor Department today will release employment data for September. Investors are watching closely. A strong hiring report would likely raise expectations that the Federal Reserve will increase its benchmark interest rate before the end of the year. Also today, the Commerce Department will report on factory orders for August.
NEW DELHI (AP) — India has made the deadline for submitting its plans ahead of a Paris conference in December to adopt a landmark deal to fight climate change. The last major economy to submit a target for a global climate pact is pledging to reduce the intensity of its carbon emissions and boost the share of electricity produced from sources other than fossil fuels to 40 percent by 2030. India is the world’s third-largest carbon polluter.
WASHINGTON (AP) — Health insurers will lose about $2.5 billion because patients covered through President Barack Obama’s health law last year were sicker than expected. According to government figures released late yesterday, insurers that had sicker-than-expected patients in 2014 requested nearly $2.9 billion in payments. But the government has collected only $362 million from insurers that did well. Under a program designed to help stabilize premiums insurers whose medical claims costs were lower than expected pay in money to help insurers whose costs were higher.
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