Career News 24/7: Reuters Money: U.S. jobless claims fall less than expected, California backlog lingers

Thursday, October 24, 2013

Reuters Money: U.S. jobless claims fall less than expected, California backlog lingers

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10/24/2013

Reuters Election 2012 Daily round-up of the day's top news from the campaign trail, the White House and all the politics in between

U.S. jobless claims fall less than expected, California backlog lingers

WASHINGTON (Reuters) - The number of Americans filing new claims for unemployment benefits fell less than expected last week as California continued to process a backlog of applications caused by computer problems.

U.S. trade deficit widens slightly on weak exports

WASHINGTON (Reuters) - The U.S. trade deficit widened slightly in August as exports slipped, suggesting trade will probably not be much of a boost to growth in the third quarter.

Special Report: Economy-class activist investor crashes the corporate party

LOS ANGELES (Reuters) - Shareholder activists come in different flavors. One is the deep-pocketed investor, such as Carl Icahn or Dan Loeb, who takes big stakes in companies and forces management to change strategy. Another type is the persistent provocateur who buys a handful of shares and agitates on a shoestring. That's John Chevedden.

Greenspan+margin debt=danger

(Reuters) - Alan Greenspan says stocks are heading higher. Margin debt is at an all-time nominal high with investors borrowing another 5 percent against their brokerage accounts last month alone.

Column: Eight questions for three Buffetts

Warren Buffett's son, Howard Graham, and his grandson, Howard Warren, have written a new book, "Forty Chances: Finding Hope in a Hungry World," which chronicles their philanthropic work on hunger, farming and poverty around the world. This is an edited transcript of the discussion with the three men.

Column: Can America innovate its way to growth?

(Reuters) - America is banking on economic growth. Its ability to pay debts, lower unemployment, and provide better living standards all depend on growth returning to its pre-recession levels and staying there. But what if it doesn't?

SEC releases 'crowdfunding' rule

WASHINGTON (Reuters) - Entrepreneurs and start-up companies looking for investors will be able to solicit over the Internet from the general public under a new proposal issued by U.S. regulators on Wednesday.

Window-shop for health insurance now, buy later

NEW YORK (Reuters) - Frustrated by the new U.S. federal and state health insurance exchanges?

Fidelity to launch own ETF play but plans to lean on partners

(Reuters) - As Fidelity Investments prepares to launch its first full lineup of sector exchange-traded funds on Thursday, the Boston-based company is jumping in much later than many of its peers and is not trying to be the largest provider of ETFs.

U.S. public university tuition posts slowest rise in decades: study

(Reuters) - The average tuition and fees charged by public four-year universities in the United States rose 2.9 percent for the 2013-14 school year, the smallest annual increase in more than three decades, according to a study published on Wednesday.