exhaust gasses are leaking from the flexible hose join between the engine and exhaust
There are several hoses there.
1) Exhaust – fixed mostly
2) CV hose aka crankcase ventilation – flexible, rubber, and entirely reasonable thing to have perished and leak, seen it on several cars. When combustion occurs, some of the exhaust gasses sneak past the piston rings into the crank case. This hose just vents the crankcase back into the air intake so the oily grungy crud can be burned.
3) EGR hose – rigid but maybe with a flexible bit in it. Redirects some exhaust back into the intake to reduce combustion temperature and therefore NOx emissions.
Re the wheel bearing – never had one run stuff, but they can be very subtle and hard to detect when they go. Best thing to do is as you say jack up the wheels and spin. If it’s a rear, it’s easy, they should spin totally smoothly. If there’s even a tiny sensation of rumble they’re gone. If it’s stiff, well, you should be able to tell.