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Friday, September 7, 2012

Reuters Money: Jobs growth cools in August, seen forcing Fed's hand

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09/7/2012
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
Jobs growth cools in August, seen forcing Fed's hand
WASHINGTON (Reuters) - Jobs growth slowed sharply in August, setting the stage for the Federal Reserve to pump additional money into the sluggish economy next week and dealing a blow to President Obama as he seeks reelection in November.
Dear boss, I'm pregnant, bankrupt, divorcing
(Reuters) - You may be sitting at your desk right now, appearing normal to all your coworkers. But at home, your life is like a country song -- breakups, babies, debts, disease, your truck broke down and your dog is sick. Assuming your job isn't at the Grand Ole Opry, how much do you spill?
Why the small-cap rally may stall
NEW YORK (Reuters) - One of the riskier segments of the stock market just had its best August performance since 2008, leading some investors to question whether it was all just a summer fluke.
Lackluster economy shows stronger pulse
WASHINGTON (Reuters) - Companies added staff in August at the fastest clip in five months and a gauge of employment in the service sector also improved, upbeat signals for a struggling labor market.
Court revives mortgage debt class-action vs Goldman
NEW YORK (Reuters) - A federal appeals court has revived a lawsuit accusing Goldman Sachs Group Inc of misleading investors about the risks associated with mortgage securities offerings.
Equity fund outflows dominated by one ETF: Lipper
NEW YORK (Reuters) - Equity fund investors were net sellers in the holiday-shortened week ended September 5, pulling a net $6.8 billion out of that market, primarily from one exchange-traded fund, data from Thomson Reuters' Lipper service showed on Thursday.
ECB death pact good for risk
(Reuters) - It may or not prove to be good policy, but the ECB's decision to stand as effective lender of last resort is a pretty good reason for investors to take on risk.
Service sector growth rises in August: ISM
NEW YORK (Reuters) - The pace of growth in the massive services sector rose in August on the back of a rebound in employment, beating expectations, though a measure of new orders declined, according to an industry report.
Jobless claims fall to lowest level in a month
WASHINGTON (Reuters) - The number of Americans filing new claims for jobless benefits fell last week to its lowest level in a month, an upbeat signal for a labor market that has struggled to create enough jobs.
Want a better job? Find a mentor
NEW YORK (Reuters) - Denise Morrison says early-career guidance from the right mentor made her who she is today: the chief executive officer of Campbell Soup Co.
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Jobs growth cools in August, seen forcing Fed's hand
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