U.S. Job Growth Slows in October as Fed Pauses Rate Hikes, But Productivity Rises and Ports Get Funding to Ease Supply Chains

U.S. job growth slowed in October with 150,000 jobs added, unemployment rate rose to 3.9%. Data shows cooling labor market as Fed pauses rate hikes.

U.S. productivity grew 4.7% in Q3, supporting economic growth and inflation decline.

U.S. ports received over $650 million for infrastructure projects to strengthen supply chains.

Global food prices dipped in October, led by wheat, rice and palm oil declines.

HPAI spreads in Arkansas and Midwest, raising concerns of potential endemic spread in poultry.