Jobs Report and "Fed for Thought", The White House Reacts, AMD Warns and the Elon Musk-Twitter Deadline 10/7/22
Carl Quintanilla, Jim Cramer and David Faber led off with the story of the morning: September employment data show non-farm jobs growth slowed to 263,000 -- while the unemployment rate fell to 3.5%. Cramer said negative market reaction to the report shows "the Fed is winning." Labor Secretary Marty Walsh joined the program with Biden Administration reaction to the jobs data. Also in focus: AMD drags down the chip sector with a revenue warning, A judge postpones the Elon Musk-Twitter trial and sets a deadline for both sides to close the deal, and "emotional sales" in the tech sector.
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