1. Job growth continues, wage growth rises
U.S. non-farm employers added 250,000 jobs in October, the Labor Department reported Friday. The figure beat an average forecast of 208,000 new jobs by economists surveyed by MarketWatch. The gains were enough to keep the unemployment rate at 3.7 percent, a 48-year low. The continued strong hiring has made it harder for employers to find and keep workers, contributing to higher take-home pay for employees. Average hourly earnings rose by 0.2 percent last month to $27.30 an hour. The wage increase over the past 12 months rose to 3.1 percent from 2.8 percent, marking the first time that number has reached 3 percent since the Great Recession ended in mid-2009.
2. Apple shares dive after disappointing holiday forecast
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
3. Starbucks shares surge after earnings beat expectations
4. Google workers stage walk-outs to protest corporate culture
5. U.S. accuses Chinese company of stealing secrets
-
China looms large over India and Pakistan's latest violenceIN THE SPOTLIGHT Beijing may not have had troops on the ground, but as South Asia's two nuclear powers bared their teeth over Kashmir, China eyed opportunity in its own backyard
-
Where the new Pope Leo XIV stands on various issuesThe Explainer The first American pontiff is expected to continue some of his predecessor's work
-
What's wrong with America's air traffic control systems?Today's Big Question The radios and radar keep going out at Newark International
-
What happens if tensions between India and Pakistan boil over?TODAY'S BIG QUESTION As the two nuclear-armed neighbors rattle their sabers in the wake of a terrorist attack on the contested Kashmir region, experts worry that the worst might be yet to come
-
Why Russia removed the Taliban's terrorist designationThe Explainer Russia had designated the Taliban as a terrorist group over 20 years ago
-
Inside the Israel-Turkey geopolitical dance across SyriaTHE EXPLAINER As Syria struggles in the wake of the Assad regime's collapse, its neighbors are carefully coordinating to avoid potential military confrontations
-
'Like a sound from hell': Serbia and sonic weaponsThe Explainer Half a million people sign petition alleging Serbian police used an illegal 'sound cannon' to disrupt anti-government protests
-
The arrest of the Philippines' former president leaves the country's drug war in disarrayIn the Spotlight Rodrigo Duterte was arrested by the ICC earlier this month
-
Ukrainian election: who could replace Zelenskyy?The Explainer Donald Trump's 'dictator' jibe raises pressure on Ukraine to the polls while the country is under martial law
-
Why Serbian protesters set off smoke bombs in parliamentTHE EXPLAINER Ongoing anti-corruption protests erupted into full view this week as Serbian protesters threw the country's legislature into chaos
-
Who is the Hat Man? 'Shadow people' and sleep paralysisIn Depth 'Sleep demons' have plagued our dreams throughout the centuries, but the explanation could be medical
