U.S. Payrolls Rise 236,000; Jobless Rate at 7.7%

March 8 (Bloomberg) -- Payrolls increased more than forecast in February and the jobless rate unexpectedly fell to a five-year low of 7.7 percent, a sign U.S. employers were undaunted by the budget impasse in Washington. Employment rose 236,000 last month after a revised 119,000 gain in January that was smaller than first estimated, Labor Department figures showed today in Washington. Peter Cook reports on Bloomberg Television's "In the Loop." Source: Bloomberg)

GM Accused of Using VW-Like Defeat Devices
06:14 - General Motors Co. was sued for allegedly putting defeat devices in its trucks to beat emissions tests, the sixth carmaker accused of diesel cheating since 2015, when Volkswagen AG admitted to installing software to bypass pollution rules. Bloomberg's Jamie Butters reports on "Bloomberg Markets." (Source: Bloomberg)
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