An optimistic October jobs report

The U.S. labor market added 165,000 jobs in October, which was more than expected. An uptick in white-collar hiring was particularly surprising. Sure, unemployment remains stuck just above 4%, but more jobs is a step in the right direction. Plus: Declining foreign ownership of U.S. Treasurys contributes to rising yield rates, more friends are co-homebuying in this unaffordable housing market, and we recap the post-election economic headlines. Every story has an economic angle. Want some in your inbox? Subscribe to our daily or weekly newsletter. Marketplace is more than a radio show.