Bloomberg Daybreak

The owners of almost 30 Lukoil PJSC filling stations in Pennsylvania and New Jersey can proceed with a lawsuit accusing the Russian oil giant of overcharging franchisees.

Robert Reich, former US Labor Secretary, discusses persistent inflation, very slow hiring, and wages that trail prices. He speaks with Romaine Bostick on Bloomberg's "The Close." (Source: Bloomberg)

Barry speaks with Omar Aguilar, CEO and CIO of Schwab Asset Management. They discuss his time at Financial Engines, where he worked under Nobel laureate William Sharpe before joining Schwab Asset Management in 2011. They discuss how his doctorate in decision sciences helps him build trust with clients and push them toward their goals. They also discuss how he built Schwab Asset Management to over a trillion dollars and how he is using his background to help navigate his clients through the current state of the markets. (Source: Bloomberg)

Wall Street has spent weeks trying to make peace with the great bond selloff. Friday offered some short-lived relief — along with a warning about the damage from stubbornly high yields across investment strategies of all stripes.

Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Katie Greifeld, Carol Massar and Tim Stenovec. (Source: Bloomberg)

A Federal Aviation Administration review board says a software issue in certain Boeing 737 Max flight computers “is not a safety concern." Boeing shares rose on the news. George Ferguson of Bloomberg Intelligence has more. (Source: Bloomberg)

CME Group Inc. is shelving plans to launch a round-the-clock oil contract following industry pushback.

Robert Reich, former US secretary of labor and UC Berkeley public policy emeritus professor, says what worries him most about the US economy is stagflation. He talks about kitchen table economics heading into the election on "Bloomberg The Close." (Source: Bloomberg)

Hedge funds rebuilt a short wager against the Japanese yen as the currency remains under pressure.

Bloomberg's Scarlet Fu and Tom Keene discuss their must-read book on this week's edition of "Bloomberg Money." They discuss 'A Fabulous Debt' by Robin Wigglesworth and 'These Are The Plunderers' Gretchen Morgenson. (Source: Bloomberg)

As stocks rise and bond yields pull back ahead of the jobs report, Nadia Lovell of UBS says she remains bullish on equities, but believes the market’s next advance must be earned. She argues that markets are entering a new investment cycle after years of companies prioritizing financial efficiency through measures such as buybacks and lower capital spending. The shift now extends beyond AI to investment in power, supply chains, and defense, broadening corporate profit opportunities. If these investments deliver a productivity boost, Lovell says, they could support a healthier market and further gains over the longer term. (Source: Bloomberg)

Bloomberg's Julia Fanzeres joins Scarlet Fu an Tom Keene on "Bloomberg Money." The US added fewer jobs than expected in September and wage growth slowed, signaling some caution among employers amid rising costs. (Source: Bloomberg)

Suzy Welch, professor of management practice at New York University, joins Scarlet Fu an Tom Keene on "Bloomberg Money." They discuss bad career advice and following your passions professionally. (Source: Bloomberg)

Suzy Welch, professor of management practice at New York University, joins Scarlet Fu an Tom Keene on "Bloomberg Money." They discuss Gen Z spending habits and how they don't postpone their joy. (Source: Bloomberg)

Bond traders are betting so heavily that more interest-rate hikes from the Federal Reserve are on the horizon that even the anticipated slowdown in job growth is unlikely to significantly alter the outlook. Kitty Richards, senior fellow at the Groundwork Collaborative and a former Treasury official, joined Balance of Power and said the biggest problem for families is that "we’re seeing real wages continue to decline. (Source: Bloomberg)

Torsten Slok, chief economist at Apollo, joins Scarlet Fu an Tom Keene on "Bloomberg Money." They discuss economic tailwinds, inflation, the bond market, AI, and private markets. (Source: Bloomberg)

Torsten Slok, chief economist at Apollo, joins Scarlet Fu an Tom Keene on "Bloomberg Money." He says the yields you can get now in fixed income are "juicy." (Source: Bloomberg)

The Flydubai pilot who was attacked earlier this week on a flight between Dubai and Tel Aviv spoke with Indian Prime Minister Narendra Modi by phone about the incident (translation via AP) (Source: Bloomberg)

Get a jump start on the US trading day with Dani Burger on "Bloomberg Open Interest." A big jobs miss rattles markets as credit investors turn cautious. Blackstone joins Broadcom’s massive AI financing push, while Anthropic eyes an IPO. Michael McKee breaks down factory orders and the G7 oil release. Plus Kevin Hassett, Edward Jones CEO Penny Pennington, and Snap-on’s CEO on jobs, investing, tariffs and US manufacturing. (Source: Bloomberg)

A cast of thousands. Records smashed. Instant losses and angry phone calls. If the months-long search for debt to fund the audacious takeover of Warner Bros. Discovery Inc. by David Ellison’s Paramount Skydance Corp. were a prestige drama, the past few days would have been the messy season finale.