raising interest rates and the economy is holding up prettywel? this is a rare report, and if you match that with what we re seeing in the adp data, it s rare because you can have your cake and eat it too. we saw a lot of hiring, but matching that with the adp payroll data, wage growth actually is moderating, and if you look at the jobs report over a period of month, you see that deceleration in wage growth. that s great news for the fed because wages are not going to be the driver of inflation, even though we re seeing all this hiring. hiring is good for the worker, good for the economy, but having moderating wage growth is good for the fed who is trying to contain inflation. seems like one of those days we might be able to take yes for an answer, at least from the econom economic data. kate. ahead for us, police in davis, california, have a man in custody who they say was responsible for three stabbings that really terrorized that college community.