Today's top news:
A better-than-expected August jobs report? Even though the economy lost 54,000 jobs last month and the unemployment rate ticked up to 9.6%, private employers added 67,000 jobs. The New York Times: "The numbers for July were also revised, with 54,000 jobs lost, rather than the 131,000 in the initial estimate. And the private sector added 107,000 jobs, rather than 71,000. The overall number in June was revised to a loss of 175,000 jobs from 221,000."
President Obama is making remarks on the economy at 10:00 am ET.
Another round of stimulus (in the form of targeted tax cuts)? The Washington Post reports, "With just two months until the November elections, the White House is seriously weighing a package of business tax breaks - potentially worth hundreds of billions of dollars - to spur hiring and combat Republican charges that Democratic tax policies hurt small businesses... Among the options under consideration are a temporary payroll-tax holiday and a permanent extension of the now-expired research-and-development tax credit, which rewards companies that conduct research into new technologies within the United States."
ILLINOIS: Alexi Giannoulias (D) and Mark Kirk (R) are tied at 34% each in the state's Senate contest, per a new Chicago Tribune/WGN poll.