Senate Finance Committee to hold a hearing The Committee holds a hearing to examine improper payments in Federal programs on October 1 at 10 am. Webcast Link
U.S. initial jobless claims rose 10k to 277k in the September 26 week U.S. initial jobless claims rose 10k to 277k in the September 26 week after a 3k gain to 267k the week before. The 4-week moving average dipped to 270.75k from 271.75k. Continuing claims dropped 53k to 2,191k in the week ended September 19 versus the prior 1k rise to 2,242k (revised from 2,244k). Continuing claims are the lowest since November 2000. BLS said there were no special factors affecting claims.
Senate Banking, Housing & Urban Affairs Committee to hold a business meeting The Committee holds a business meeting to mark-up legislation on the "American Crude Oil Export Equality Act" on October 1 at 10 am. Webcast Link
SF Fed dove Williams will speak on the economic outlook SF Fed dove Williams will speak on the economic outlook before a Salt Lake City community leaders' event from 14:30 ET. Despite his dovish proclivities, Williams has been in favor of a timely rate hike before year-end.