US Jobs Soar By 165K Blowing Away Estimates; Unemployment Rate Drops Putting Dec Rate Hike Back In Play

Yen Plunges After Two Dissenters Upstage BOJ's Rate Hike: Full Wall Street Reaction The yen sank to a two-week low against the dollar ​on Friday after two policy makers at the Bank of Japan dissented from a widely expected decision to raise ‌interest rates, extinguishing expectations for back-to-back hikes. Governor Kazuo Ueda now needs, at a minimum, to preserve expectations for a December move to prevent markets from unwinding most if note all of the tightening path already priced into rates. While Japanese policymakers pushed rates to their highest level in 31...

Taiwan recently signed six arms deals with the US worth about $6.6 billion as the Trump administration is pushing ahead with major weapons sales to the island despite warnings from China. According to Taiwan’s Defense Ministry, the agreements, which include a contract for HIMARS rocket systems, were signed earlier this month by the US’s de […]

Lock And [Re-]Loaded: Third Circuit Greenlights Major Challenge To New Jersey Gun Liability Law Authored by Jonathan Turley via JonathanTurley.org, Some of us have been closely following challenges to A1765, New Jersey's gun industry liability law. In my view, the law is facially invalid and preempted under federal law, and we may now find out after the United States Court of Appeals for the Third Circuit greenlit a challenge from the National Shooting Sports Foundation (NSSF) yesterday. The court found that the NSSF has standing to bring the lawsuit, which could...