Economic Indicators

US companies hiring at robust pace, wages rise faster

U.S. companies added 227,000 jobs in October, according to a private survey, a healthy gain that suggests companies are still finding workers to hire even as the unemployment rate has fallen to a 49-year low.

World stocks rally on strong earnings reports

Asian markets rose on Wednesday after big American companies reported strong earnings for the third quarter, soothing fears that rising interest rates may deter corporate investment.

In Khashoggi case, France says it's not Saudi-dependent

France's foreign minister says the French arms industry isn't dependent on sales to Saudi Arabia, suggesting that France need not prioritize its economic ties with the kingdom as it weighs the killing of Saudi journalist Jamal Khashoggi.

Business Highlights

___ Stocks rally on earnings a day after ending at 5-month lows NEW YORK (AP) — Stocks climb as strong results from a number of companies help the market regain a sliver of its recent losses.