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The Power Brief

Chrysler Jefferson North Assembly Plant in Detroit, Michigan
Bill Pugliano | Getty Images

A daily morning look at the financial stories you need to know to start the day


-Stock futures are a bit higher ahead of the big August jobs report. The consensus expectation is that 180K net new jobs were added last month.

-A net new jobs number of 200K or more has many experts believing that would convince the Fed to boost rates this month.

-Ahead of the jobs report, the yield on the 10-year Treasury note is 1.59%

-The US national debt has hit $19.5 trillion.


-Crude prices are up this morning and at the $43/barrel level, but they're on course for their biggest weekly loss since January.

-Gasoline prices fell overnight to $2.21/gallon, national average.


-Hurricane Hermine is now a tropical storm but is still slamming into Florida's northern Gulf Coast today. Tens of thousands are without power and Gov. Rick Scott believes there will be loss of life.


-Today's LA Times/USC poll shows Donald Trump leading Hillary Clinton by less than one point.

-Clinton hauled in $143 million in August, he rbest fundraising month.

-The Clinton campaign has just announced that it will be starting a special "consumer response team" to monitor prescription drug price hikes.


-Samsung is pulling its new Note 7 from the shelves after several reports of exploding batteries.


-Complaints about the Affordable Care Act are growing now that more enrollees are getting official notifications of major premium hikes for next year.


-US retailers are worried that the collapse of shipping giant Hanjin will lead to supply problems just as they're trying to stock up for the Christmas season.Many of those retailers are asking for the US government to intervene.


-The US carried out more than 100 airstrikes against ISIS in Libya in August, a major increase over previous months.

-The rise in F/A 18 Hornet jet crashes has some experts blaming the problem on the sequester for reduced maintenance and pilot training.