BOSTON (TheStreet) -- The U.S. employment report leads your quick fix of company, market, economic and investing news for Friday, Oct. 7, as the Labor Department is expected to say job growth in the U.S. was sluggish for a fifth straight month in September.
The Big Story
A full preview of the
U.S. non-farm payrolls report
, due out at 8:30 a.m. New York time
Job growth blew past expectations and the unemployment rate fell ...
If employment were to increase by about 60,000, that would be only half the jobs growth needed to maintain a
stable unemployment rate
Those unemployed in the U.S. are so fed up with the state of the nation, they are willing to forgo an
extension of jobless benefits
Don't forget to join
covering the U.S. jobs report.
Quote of the Day
"Moody's believes that the government is likely to continue to provide some level of support to systemically important financial institutions, which continue to incorporate up to three notches of uplift. However, it is more likely now to allow smaller institutions to fail if they become financially troubled,"
analysts say of this morning's downgrade of 12 U.K. banks.
, pay attention:
makes intriguingly boring mergers that makes sense.
Thinking about a beer because it's Friday?
may look valuable because of industry consolidation, but it is overvalued.
jumped the shark?
in October says about the current state of the stock market.
The Senate wants to punish China over
. Isn't this a pot/kettle situation?
As much as I love to point out where Grandpa Buffett is wrong, he was very right with his bet on
, where there is
no sign of a recession
Slowly letting the hot air out of
China's housing bubble
It's almost earnings season. Here's a list of stocks that are volatile on reporting day, including
SPDR Trust Gold ETF
? Why bother? Just buy some gold bars, put them in a PVC pipe, and bury it all in your backyard.
hedge fund bloodbath
continues, as September's slump of 3.2% is the worst performance in more than a year.
Speaking of losing hedge funds, John Paulson can't catch a break: The U.K.'s
, another Paulson investment, drops 30% Friday.
Odds and Ends
Meet Ellen Johnson Sirleaf, Leymah Gbowee and Tawakkul Karman. These three women share the
Nobel Peace Prize
for their "nonviolent struggle for the safety of women and for women's rights to full participation in peace-building work."
Occupy Wall Street
reports from the ground. Lots of smokers, no drunks.
It's Friday. Get excited for the weekend. Here's a song by the Clash.
-- Written by Robert Holmes in Boston
>To contact the writer of this article, click here:
>To follow Robert Holmes on Twitter, go to
>To submit a news tip, send an email to:
Disclosure: TheStreet's editorial policy prohibits staff editors, reporters and analysts from holding positions in any individual stocks.