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Chris Phelan CEA Chairman, sees inflation clearly easing and thinks it's doing so quickly enough. He speaks with Romaine Bostick on "The Close."

An index tracking emerging-market currencies climbed to a session high after weaker-than-expected US jobs data prompted traders to scale back bets on another Federal Reserve interest-rate hike this month. Nonfarm payrolls increased by 29,000 in September after downward revisions to the prior two months, according to Bureau of Labor Statistics data released Friday. The figure missed all estimates in a Bloomberg survey of economists. For more, we speak with Anisha Goodly, Fixed Income Managing Director at TCW.

Robert Reich, former US Labor Secretary, discusses persistent inflation, very slow hiring, and wages that trail prices. He speaks with Romaine Bostick on Bloomberg's "The Close."

Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Katie Greifeld, Carol Massar and Tim Stenovec.

White House Council of Economic Advisers Chairman Chris Phelan says that inflation is coming down sufficiently fast. Speaking on "Bloomberg The Close," Phelan also adds that he doesn't think the Federal Reserve's last interest rate hike was justified.

Robert Reich, former US secretary of labor and UC Berkeley public policy emeritus professor, says what worries him most about the US economy is stagflation. He talks about kitchen table economics heading into the election on "Bloomberg The Close."

Bloomberg's Scarlet Fu and Tom Keene discuss their must-read book on this week's edition of "Bloomberg Money." They discuss 'A Fabulous Debt' by Robin Wigglesworth and 'These Are The Plunderers' Gretchen Morgenson.

The US Justice Department isn't reopening a criminal investigation into former Federal Reserve Chairman Jerome Powell for cost overruns related to the central bank's building renovation project. During an interview with Bloomberg's Myles Miller, Attorney General Todd Blanche says the department didn't rule out continuing to look into the project's oversight and potentially take action if evidence of wrongdoing came to light.

Bloomberg's Sarah Foster joins Scarlet Fu an Tom Keene on "Bloomberg Money." Heading into the November midterm elections, frustration over affordability issues has largely focused on rising fuel, food and housing costs. But for millions of Americans, those expenses are piling on top of another threat to their household budgets: surging student loan bills.

Bloomberg's Julia Fanzeres joins Scarlet Fu an Tom Keene on "Bloomberg Money." The US added fewer jobs than expected in September and wage growth slowed, signaling some caution among employers amid rising costs.

Suzy Welch, professor of management practice at New York University, joins Scarlet Fu an Tom Keene on "Bloomberg Money." They discuss Gen Z spending habits and how they don't postpone their joy.

Suzy Welch, professor of management practice at New York University, joins Scarlet Fu an Tom Keene on "Bloomberg Money." They discuss bad career advice and following your passions professionally.