U.S. jobless rate falls to 6-year low of 5.9 pct.
Employers added 248,000 jobs in September, a burst of hiring that helped drive down the unemployment rate to 5.9 percent, the lowest since July 2008.
POLITICO BREAKING NEWS:
The Justice Department has struck a $17 billion deal with Bank of America to settle government charges over toxic mortgage-backed securities sold to investors in the years leading up to the 2008 financial crisis, the bank announced on Thursday.
The bank will pay a $9.6 billion fine and will provide roughly $7 billion in relief to struggling homeowners under the terms of the deal.
Attorney General Eric Holder will hold a news conference Thursday morning to discuss the settlement.