The latest move by China’s central bank to cut the amount of reserves held by banks is an indication that authorities in the world’s second-largest economy are getting nervous about a long-drawn trade war with the U.S., experts said.

Tonight on Nightly Business Report, the unemployment rate falls to its lowest level in nearly 50 years.

Plus, stocks head lower as bond yields head higher, leaving investors with a lot of questions.

Kate Rogers reports on the aviation industry’s growing need for mechanics, and what one New York high school is doing to help close the gap.

The baseball bat business is dominated by a few big players, but an entrepreneur with a bright idea found his way into the game. Bill Griffeth has his story.

Our market monitor says his three stock picks will grow at least 10% over the next year regardless of geopolitical tensions.

Ylan Mui breaks down the numbers in the September jobs report.

Tonight on Nightly Business Report, the unemployment rate falls to its lowest level in nearly 50 years.

Plus, stocks head lower as bond yields head higher, leaving investors with a lot of questions.

This week’s market monitor says these three stocks will continue their strong run over the next twelve months

Stocks fell on Friday after the release of mixed employment data jolted interest rates higher.

The unemployment rate fell two-tenths of a percentage point to 3.7 percent, the lowest since December 1969 and one-tenth of a percentage point below expectations.

Tonight on Nightly Business Report, stocks crater as bond yields rise. What that means for the market, mortgage rates and even bank shares now that interest rates are on the rise.

A sharp rise in the 10-year treasury yield caused mortgage rates to jump to the highest level in seven years. Diana Olick reports on what that means for the housing market.

Aditi Roy reports on why the government cracking down on e-cig maker Juul could be lighting a fire under big tobacco giants.

With midterm elections one month away, all eyes on are on Florida, which is considered a battleground state for the Senate. And as John Harwood reports, the Sunshine State will likely determine this year’s race.

Bob Pisani explains why bond yields have been rising.