Hiring Slows, Services Data and Fed Minutes Ahead

By Jacqueline Policastro | Quincy News Correspondent

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    Washington (Quincy News) — Market Recap: U.S. stocks rallied Friday after a weaker-than-expected September jobs report reduced expectations for another Federal Reserve rate increase this month. Employers added 29,000 jobs, while the unemployment rate edged up to 4.2% from 4.1%.

The S&P 500 gained 0.7%, the Nasdaq rose 1.2% and the Dow added 0.5%. Despite an initial drop after the jobs report, Treasury yields climbed back later in the session, with the 10-year finishing at 5.28% and the 30-year at 5.63%.

Oil remains a major source of uncertainty heading into the week. Brent settled Friday at $102.25 a barrel, while U.S. crude closed at $91.11. OPEC+ on Sunday agreed to keep its November production targets unchanged. Oil briefly jumped Sunday evening after Yemen’s Iran-backed Houthis said they launched missiles and drones at Saudi Aramco sites, a claim Saudi Arabia has not confirmed. Brent topped $103 in early Asian trading, but the gains faded as Middle East exports rose and G7 nations pledged to release emergency stocks.

Today’s Focus: Final September S&P Global U.S. services and composite indexes arrive at 9:45 a.m. ET, followed by the ISM services index at 10 a.m. The employment and prices components will provide updated readings on hiring and inflation pressures across the services sector.

The bigger question for markets is now whether the Fed will pause after its September rate increase. The central bank raised its benchmark rate by a quarter point last month to 3.75% to 4.00%, but the combination of softer inflation and weaker hiring has lowered expectations for another move at the October 27-28 meeting. Investors will get a closer look at the Fed’s thinking Wednesday, when minutes from the September meeting are released.

ON THE SCHEDULE FOR THE WEEK OF MONDAY, OCTOBER 5, 2026

-9:45 a.m. ET – Final September S&P Global U.S. services and composite PMIs

-10 a.m. ET – September ISM services index

-Tuesday, 10:45 a.m. ET – Fed Vice Chair for Supervision Michelle Bowman speaks on regulation and supervision

-Tuesday, 1:40 p.m. ET – Treasury buyback covering 2- to 3-year securities

-Tuesday, 7 p.m. ET – Dallas Fed President Lorie Logan joins a discussion on policy and the economy

-Wednesday, 10:30 a.m. ET – EIA weekly petroleum report

-Wednesday, 1 p.m. ET – Treasury 10-year note reopening

-Wednesday, 2 p.m. ET – Minutes from the Fed’s September 15-16 meeting

-Wednesday, 3 p.m. ET – August consumer credit

-Thursday, 8:30 a.m. ET – Weekly jobless claims

-Thursday, 1:40 p.m. ET – Treasury buyback covering 20- to 30-year securities

-Friday, 10 a.m. ET – Preliminary October University of Michigan consumer-sentiment index

Please note: This story was provided to CNN Wire by an affiliate and does not contain original CNN reporting. This content carries a strict local market embargo. If you share the same market as the contributor of this article, you may not use it on any platform.

University of the Pacific swimmer with juvenile arthritis not letting the diagnosis slow her down

By Ashley Sharp

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    STOCKTON, California (KOVR) — A determined Division I swimmer at the University of the Pacific (UOP) is diving past a debilitating diagnosis and making a splash doing so.

Sophomore Macy Coad was diagnosed with juvenile idiopathic arthritis when she was just 18 months old. To this day, she has never let it slow her down.

“I would say the water is my happy place,” said Coad.

Juvenile arthritis affects about 300,000 children and teens in the United States.

Coad’s goal was to push past the pain and pursue her potential.

“I really wanted to try and accomplish swimming at the highest level I possibly could and that is D-I,” said Coad.

As the saying goes, it’s different strokes for different folks. Unlike her fellow teammates, Coad deals every day with the hidden diagnosis and has to find ways to manage it.

“Sometimes it takes a lot more active communication with my coaches that day to see what am I capable of? What feels comfortable? What can my joints do?” Coad said.

After the diagnosis when she was a toddler, Coad’s childhood was full of managing the pain, swelling and stiffness that come with it.

That looked like routine infusions, steroid joint injections and physical therapy.

It’s a path she felt she walked alone among her peers.

“They kind of are like, ‘Kids don’t get arthritis. That’s what my grandma or my grandpa has.’ And so, growing up, that was definitely something I struggled with, was telling my classmates or my friends that I had arthritis because kids will be kids,” said Coad.

Coad says tried out other sports like soccer as a kid, but they were just too much on her joints. She found herself frustrated as she had to sit the bench in pain.

That was until until her mom signed her up for something lower impact: swimming.

It’s where she found her stride.

Today, her arthritis is a diagnosis she manages daily through medication and specialized treatment through the university’s athletic training department.

“If anything, it’s made me proud of myself that I was able to overcome that frustration that I had growing up in order to get to the level that I am at today,” said Coad.

She is surrounded by a team of fellow athletes and coaches who are eager to make a new lane for Coad.

“We really went into the season with an open mind and found ourselves just kind of navigating those flare ups as they came and having a plan,” said Katelyne Herrington, head coach of the men’s and women’s swim and dive team at UOP.

Coad is always pushing past her limits in the pool.

“I think the biggest concern I had is that she didn’t feel comfortable with talking to us about it, but I felt like we created such a safe space for her that she could come to us, talk to us about it,” said Herrington.

For the Arthritis Foundation, she is a true inspiration.

“It’s a huge, significant feat what she has accomplished. She’s definitely not letting her diagnosis hold her back in any way,” said Jennifer Sousa, Arthritis Foundation development director.

Coad has spent most of her life advocating for arthritis research.

She is one of the top fundraisers in the country, helping raise more than $300,000 for the foundation.

“She’s really making a groundbreaking difference, especially in our Northern California community,” said Sousa.

Coad says she is always hoping to encourage other young people to ‘just keep swimming’ no matter the challenge they are facing.

She has never competed with or against another swimmer with juvenile arthritis, but she wants that to change. She hopes also to inspire the next generation of athletes with chronic health conditions.

“I think if my story of overcoming adversity to get to this point of being a D-I athlete at an amazing school can help somebody younger than myself start their own path, that would be really amazing,” said Coad.

She is studying to become a doctor one day.

In light of her arthritis advocacy, Coad landed a $20,000 national AbbVie Immunology Scholarship, supporting students pursuing higher education while living with chronic diseases.

Coad says without it, she would not be swimming at UOP.

Please note: This story was provided to CNN Wire by an affiliate and does not contain original CNN reporting. This content carries a strict local market embargo. If you share the same market as the contributor of this article, you may not use it on any platform.

Married couple shot dead outside Oakland Hills home

By Carlos E. Castañeda, Da Lin

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    OAKLAND HILLS, California (KPIX) — A married couple known for their work in the apparel industry died in a shooting outside their Oakland Hills home on Friday morning, authorities said.

The shooting happened at about 10:43 a.m. on Panoramic Way near the Berkeley city limit and just east of the University of California, Berkeley campus.

The Berkeley Police Department said its officers found two people shot and performed life-saving measures until medics arrived. Oakland Police Assistant Chief Casey Johnson said OPD officers arrived at the same time and that both victims, who were residents of the home, died at the scene.

Johnson did not identify the victims but said that the woman was 63 years old and the man was 61.

Public records and neighbors identified the homeowners as Bryan and Michelle Walker, well-known clothing designers who operate Bryn Walker clothing stores in Berkeley and in Massachusetts. They also wholesale their clothing to boutiques across the country.

“”We heard two bangs, not too far apart, one louder, the other more muffled,” neighbor Alessandro Isolani said. “It’s shocking. I’ve lived up here on Panoramic Hill for 20-something years, and I have never seen any violent crime up here.”

Isolani added, “By all neighborhood accounts, [Bryan Walker is] a good guy, solid member of the community, long-term marriage.”

Johnson said investigators were not ruling out a possible murder-suicide.

“We aren’t looking currently for anyone at large,” Johnson said. “There is no current threat to the neighborhood.”

A firearm was located at the scene, Johnson said.

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California man accused of impregnating teen daughter in infant death case arrested in Mexico

By Jose Fabian

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    MONTEREY COUNTY, California (KPIX) — The Monterey County Sheriff’s Office said Sunday that the man suspected of sexually abusing and impregnating his 14-year-old daughter has been arrested in Mexico.

Sheriff Tina Nieto said Diana Galvez Ortega was rescued safely by Mexican law enforcement, and her father, Sergio Galvez Perez, was arrested during the rescue operation.

Perez is wanted on suspicion of incest, lewd or lascivious acts with a child under 14, lewd acts with a minor, unlawful sexual intercourse, child concealment and child endangerment, according to the sheriff’s office.

Deputies first began looking for Perez and the teen girl after the remains of an infant were found on the side of a Monterey County road on Aug. 1. Investigators eventually identified Perez and the teen girl and said they were wanted in connection with the infant’s death.

While investigators had initially said the teen girl had a warrant, the Monterey County District Attorney’s Office said no charging decision had been made.

“We recognize that the 14-year-old is a victim of her father’s abuse. No child should ever have to endure such horrific circumstances,” the DA’s office said in a statement on Sept. 2.

Nieto, on Sunday, said Perez was in possession of narcotics when he was found and that they would be holding a press conference at a later date.

“Mexican authorities are aware of the pending charges against him in Monterey County for crimes committed against Diana. Diana is safe and is currently in the care of local authorities in Mexico,” Nieto said.

Back in August, the sheriff’s office said they arrested the teen girl’s mother on suspicion of child endangerment and identified her as 36-year-old Ofelia Garcia Ortega. She was released after posting bail.

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Malibu kayaker hospitalized after being bitten while trying to release shark

By Austin Turner

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    MALIBU, California (KCAL, KCBS) — A kayaker was hospitalized after a shark they accidentally caught while fishing bit them on the leg on Sunday in Malibu, according to authorities.

The Los Angeles County Fire Department’s Lifeguard Division told CBS LA that a fisherman was between 1 and 2 miles off the pier when they accidentally reeled in a Mako Shark. The individual tried to release the shark, but was bitten as he did so.

A good Samaritan on a boat nearby contacted emergency services, which helped the fisherman to shore.

He was transported to a local hospital with a shark bite on his leg. As of Sunday afternoon, his condition remains unknown.

No additional details were immediately made available.

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Ventura County firefighters rescue dog after car veers off Pacific Coast Highway in Malibu

By Dean Fioresi

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    VENTURA COUNTY, California (KCAL, KCBS) — Ventura County firefighters rescued a dog that was trapped inside a car that veered off the side of the Pacific Coast Highway and into the ocean near Malibu on Saturday.

In a news release shared on social media, firefighters said the incident happened on Highway 1 near Deer Creek Road, just north of Malibu, on Saturday after hearing that a car had driven off the road.

Upon arrival, firefighters found the vehicle, a white van, that had ended up in the water near some large rocks.

“The driver had self-extricated with one of their dogs, but a second dog remained trapped inside,” the post said. “Firefighters and CA State Parks Lifeguards accessed the vehicle, safely freed the dog, and carried it up to the roadway.”

Firefighters said that neither dog appeared to be injured and that the driver was hospitalized in stable condition with minor injuries.

The cause of the crash is being investigated by the California Highway Patrol, Ventura County crews said.

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$2.86 million settlement reached with company accused of overbilling Colorado prison system

By Logan Smith

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    DENVER, Colorado (KCNC) — A Chicago-based staffing company has agreed to pay almost $3 million to the state of Colorado to settle accusations it overcharged the Colorado Department of Corrections for inmate health care.

The Colorado Attorney General’s Office announced the settlement Friday.

The AG’s office accused Quality Placement Authority, LLC, of breaching its 2018 contract with the CDOC and violating the Colorado False Claims Act, a bill passed by the state legislature and signed into law in 2022.

“When companies do business with the state, we expect them to play by the rules and live up to their obligations,” Colorado AG Phil Weiser stated in a press release announcing the settlement. “The Colorado False Claims Act gives us a powerful tool to protect taxpayer dollars, recover public funds when they are misused, and deter fraud against the state.”

Specifically, the staffing and recruiting firm knowingly submitted “hundreds of invoices” to the CDOC “for thousands of shifts” covered by local health care providers it sent to state prisons for inmate health care. According to the settlement agreement, the company created fake home addresses of the health care providers to increase billable travel time to the prisons.

Two examples were provided in the settlement agreement: In one, a health care provider was allegedly told by a QPA recruiter that he wouldn’t qualify for a higher travel rate because “he only lived 128 miles away” from the prison.

“Rather than billing CDOC for his time at the local rate,” the settlement agreement reads, “the recruiter instructed the HCP to get his name added to a utility bill at his out-of-state father-in-law’s address. QPA then used that out-of-state address – where, as QPA knew, the HCP did not reside – as the basis for submitting at least 18 invoices for the local HCP’s time at the travel rate. These invoices overbilled CDOC by more than $63,000 for that HCP’s time alone.”

Another health care provider was instructed by QPA personnel to claim she commuted from Texas to provide services at Colorado inmates, despite the fact she lived in Colorado. The Department of Corrections received 37 invoices for this provider’s work, all with maps showing a Texas residence, according to the settlement agreement. The tactic resulted in more than $110,000 overbilled charges from this provider’s alleged travel time alone, per the agreement.

The settlement agreement does not state the duration of the alleged fraud, nor when or in which jurisdiction the AG’s office filed its complaint.

QPA was rolled into Staffing Network Holdings, LLC, in a merger at the end of 2022. Both businesses were housed at the same location in Oak Terrace, Illinois, a Chicago suburb. In the settlement agreement, Staffing Holding Network is scheduled to pay $2.86 million, with interest, over several installments stretching into 2030.

CBS Colorado reached out to Staffing Network Holdings for comment.

Staffing Network Holdings is currently in settlement negotiations with a former CDOC inmate. That inmate filed a civil lawsuit in 2024 against the company and a registered nurse who was working for it – and also against the CDOC and several physicians, nurses and corrections officers under its employ. The lawsuit claims the Sterling prison inmate was injured during their care two years earlier and is now permanently disabled with back pain after suffering an infection.

That 45-year-old inmate is now out of prison and on parole.

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Northern Michigan creamery considered a total loss after fire and explosion

By Nicholas Lentz

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    MIO, Michigan (WWJ) — A creamery in Mio, Michigan, has been deemed a total loss following a fire and explosion Saturday afternoon, the Tri-Town Fire Department said.

Crews were called to the blaze at The Farmers’ Creamery on West Kittle Road at 1:35 p.m. The agency said they arrived 12 minutes later and saw “heavy fire” on the west side of the building.

“A large natural gas line/meter was also heavily involved in fire that hampered firefighting efforts as the gas could not be shut off immediately,” officials said in a news release Sunday.

According to the agency, an explosion happened inside the building at 2:07 p.m. No major injuries were reported.

Investigators believe the fire started inside the mechanical room of the creamery, though they say the cause “will not be able to be determined” due to the extent of the damage.

Nine fire departments from Oscoda County and surrounding communities used over 300,000 gallons of water to put out the flames, officials said.

The Farmers’ Creamery was started in 2020 by three Amish dairy farmers in Mio with a mission to offer dairy products while supporting their farms, according to its website. Its milks, creams, cheeses and other offerings are sold at stores across Michigan.

Mio is around 82 miles east of Traverse City, Michigan.

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Federal appeals court pauses Minnesota’s AI “nudification” ban

By Cole Premo and Web Staff

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    MINNEAPOLIS, Minnesota (WCCO) — Minnesota’s law banning AI “nudification” images has been put on hold after a federal appeals court sided with Elon Musk’s artificial intelligence company.

The 8th U.S. Circuit Court of Appeals on Friday granted an injunction sought by xAI, pausing enforcement of the law while the company’s appeal moves forward. The court issued a brief, one-sentence order and did not explain its reasoning.

The attorney’s office released a statement to WCCO on Sunday.

“We are disappointed in the Eighth Circuit’s decision and respectfully but strongly disagree with it,” a spokeperson for the office said. “Minnesota’s nudification ban outlaws AI technology products from generating sexual images that harm and harass people in the vilest way possible. We will continue to vigorously defend the law as the appeal proceeds and we are proud to do so.”

In early September, a lower court ruled the law could continue to be enforced while a lawsuit played out, but the appeals court overturned that decision.

The first-of-its-kind law bans the process of taking someone’s real picture and using AI to turn it into a pornographic or sexual image.

The bill passed unanimously in the state Senate earlier this year and was supported by all but one lawmaker in the House. Gov. Tim Walz signed it into law in May.

Under the law, companies that create nonconsensual sexualized images and videos of people using artificial intelligence could face a civil penalty of up to $500,000, and the people who have been victimized can seek damages.

Musk’s company, xAI, filed the lawsuit three days before the law was set to go into effect on Aug. 1, claiming it violates the First Amendment. It said the statute “imposes an overbroad, content-based ban on free speech and the tools of visual expression.” xAI asked for a preliminary injunction to block the law from going into effect for the duration of the lawsuit.

After the September ruling, Minnesota Attorney General Keith Ellison said he was “extremely proud to be defending this law.”

WCCO has reached out to the attorney general’s office for comment.

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Judge to rule on Peoples Gas’ $144 million rate hike proposal

By Jacob Sarracino

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    CHICAGO, Illinois (WBBM) — A judge on Monday was expected to weigh in on a proposal that could make Chicagoans’ home gas bills more expensive.

Peoples Gas wants a $144 million rate hike. That would add $7 or $8 per month to most bills, according to consumer advocates.

This comes as U.S. households are projected to spend an average of more than $1,000 heating their homes this winter. That figure is up almost 9% from last year, according to the National Energy Assistance Directors Association.

More than three dozen Chicago City Council members and state legislators have urged the Illinois Commerce Commission to reject the proposal. One of them is Illinois state Sen. Graciela Guzmán (D-Chicago), who said she is worried her constituents will go cold this winter.

“I’m absolutely worried,” Guzmán said. “Again, half of consumers are already struggling. What that’ll mean is that the majority of them may not be able to complete payment plans, or even enter a payment plan. So I am worried.”

The group of state and local lawmakers says Peoples Gas has raised rates by nearly $500 million since 2011.

In July, the utility submitted a new rate hike that slashed approximately $58 million from its original $202 million rate hike proposal, but watchdog groups said it was not enough.

Peoples Gas says the hike is driven by a state order to replace more than 1,000 miles of old iron pipe below the streets of Chicago. But the Citizens Utility Board notes that Peoples Gas has posted record earnings in seven of the last nine years.

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