2025-11-21
14 分钟Walmart reports strong earnings as Americans of all income levels are on the hunt for deals.
Plus, what's driving another wild day on Wall Street as stocks rise and then fall.
When we see a reversal in really crowded trades like this,
the momentum can kind of just build and build on itself.
So the slide accelerates, and I think there's an element of that going on today too.
And investigators looking into the recent UPS plane crash find signs of fatigue and stress on the cargo jet.
It's Thursday, November 20th.
I'm Alex Ocele for The Wall Street Journal.
This is the PM edition of What's News,
the top headlines and business stories that move the world today.
A long-awaited report from the Labor Department out today showed that U.S.
job growth beat expectations in September, rising by 119,000 jobs for the month.
That's the strongest gain since April and well above economists' expectations.
Meanwhile, the unemployment rate, which is based on a separate survey, rose slightly to 4.4 percent.
But this September report, of course,
is coming out nearly seven weeks late due to the government shutdown.
WSJ economics correspondent Harriet Torrey joins us now to discuss how the report might influence the Federal Reserve.
Harriet, this job's growth seems to have been positive.
What can it tell us about the labor market?
The reassuring thing about the jobs number is that it shows that we're not seeing a significant slowdown.