Reuters Money: Job growth stumbles, boosting pressure on Fed

Click to View in Browser 06/1/2012 Job growth stumbles, boosting pressure on Fed WASHINGTON (Reuters) - Job growth braked sharply in May and the unemployment rate rose for the first time since June, putting pressure on the Federal Reserve to ease monetary policy further to shore up the sputtering recovery. Should we scrap the 401(k) system and start over? CHICAGO (Reuters) - Retirement savers will get an eyeful when 401(k) account statements hit their mailboxes this summer. Dartmouth, Brown lead Ivies in investing with trustees BOSTON (Reuters) - At Dartmouth College and Brown University, the old school tie might come with a silver lining. U.S. House Republicans propose new student loan rate ideas WASHINGTON (Reuters) - Republican congressional leaders, seeking to end a standoff over maintaining low interest rates on federal student loans, on Thursday offered President Barack Obama two new options to cover the $6 billion cost of a one-year extension. U.S. Chamber wants SEC review of proxy adviser (Reuters) - The U.S. Chamber of Commerce on Thursday called for regulators to review the proxy adviser firm Glass, Lewis & Co, adding fuel to a simmering dispute in corporate governance. How to play it: The run-up to the Greek election NEW YORK (Reuters) - For the second straight summer, politics look to be dictating the market's moves. California pension fund slashes official's record $45,000 monthly payment SAN FRANCISCO (Reuters) - California's pension fund for public employees said on Thursday it would slash the retirement benefits of the former administrator of a tiny industrial town who secured monthly payments of more than $45,000. Cities lose property tax, state aid: report (Reuters) - For the first time since 1980, property tax revenue and state aid to cities across the United States are shrinking simultaneously, the Pew Charitable Trusts said in a report on Thursday. Kids, sports, and the busted family budget NEW YORK (Reuters) - Jodi Furman likes to joke that she should paint her minivan yellow. That's because she basically turns into a taxi driver in the afternoons and on weekends, as she delivers her three children to various sports practices in Palm Beach, Florida. But the bill for all those sports is no laughing matter. Your money: Reading the tea leaves of housing data NEW YORK (Reuters) - Recent conflicting housing data has confused consumers and economists alike. Related Video U.S. home prices head higher for second month in a row American shopper happiest in four years Business News Wall Street to plummet after weak jobs data Job growth stumbles, boosting pressure on Fed The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today   A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today   » MORE NEWSLETTERS - 3 Times Square New York, NY 10036 USA © Copyright 2010 Thomson Reuters Ensure delivery of Reuters Newsmails, add mail@nl.reuters.com to your address book. Details Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook Forward to a friend