US blames Russia for hacks meant to meddle with presidential election; Another Apple win against Samsung, and more news

The Obama administration blamed Russia of recent hack attempts "intended to interfere with the U.S. election process." That said, Homeland Security and the Office of National Intelligence advised it would be "extremely difficult" for hackers to "alter ballot counts or election results" because of the "decentralized nature" of how America votes for president — 50 state elections — and the layers of protection in place.

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Haiti's Hurricane Matthew death toll reached 800 but Florida has so far been spared the worst. As the now Category 3 storm heads norththe enemy is complacency: Florida Gov. Rick Scott reminded residents that "the worst is yet to come" and South Carolina Gov. Nikki Haley bluntly said: "This is the last time you will hear my voice when I am asking you to evacuate."

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Wall Street did not take kindly to the September jobs report, snapping a three-week winning streak amid "choppy trading," CNBC reports. Negative sentiment about the so-so numbers is once again all about how this might inform a Fed decision to raise rates for only the second time in nearly a decade; the report decreased expectations for a November rate rise and increased them for December.

Mylan has agreed to pay the US $465 million over claims it overcharged Medicaid for its life-saving EpiPen. The settlement does not require Mylan to admit to any wrongdoing, The Wall Street Journal reports. Mylan traded up after hours on what CNBC anchors said traders perceived as "a bargain."

As if the news for Samsung couldn't get worse this week, a federal appeals court upheld a $120 million judgement for Apple over in a long-standing patent infringement case (slide-to-unlock and autocorrect features, quick links). As Reuters notes, "The two companies have been battling over mobile device technology patents for years, with Apple mostly prevailing."

Household borrowing surged in August, led by increases in student loans and car purchases. "Steady hiring and income growth may be making Americans more willing to borrow," Bloomberg reports.

Cover Art: Heavy waves caused by Hurricane Matthew pounds the boat docks at the Sunset Bar and Grill on Cocoa Beach, Florida, October 7, 2016. (Photo by Mark Wilson/Getty Images)