- The Department of Transportation said Thursday that its transportation services index for July fell 0.3% from June, the second consecutive decline.
- U.S. payrolls fell by 35,000 jobs in the wake of Hurricane Katrina and the unemployment rate rose to 5.1% in September from 4.9% in August, the Labor Department reported Friday
- U.S. Wholesale inventories rose 0.5% in August, the most in four months, the Commerce Department said Friday.
- U.S. Rail freight and intermodal traffic rose for the week ended Oct. 1 compared to a year earlier, and traffic in September also increased over last year despite two big hurricanes, the Association of American Railroads said.
- The International Atomic Energy Agency and its chief, Mohamed ElBaradei, have been awarded the Nobel Peace Prize for their efforts to stop the proliferation of nuclear weapons…the Bush administration may not be extremely pleased.
- A Ministry of Commerce report said that China's trade surplus could triple to as much as 100 billion dollars this year.
- U.S. Treasury Secretary John Snow said on Friday China needs to act "soon" to let its yuan currency become more flexible and he will tell Chinese officials that in person next week.
- Germany's industrial production was down 1.6% in August.
- Japan's index of coincident economic indicators increased from 30.0 to 88.9 in August, a sign of expansion.
- London inventories of copper continue to fall, they are at 70,475 tons.
- December gold is at a new contract high because of concerns over inflation and strong global demand.
- Canada's unemployment rate improved from 6.8% to 6.7% in September, the lowest since 1976.
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