Career News 24/7: Reuters Money: Job growth quickens, jobless rate at 7.7 percent

Friday, December 7, 2012

Reuters Money: Job growth quickens, jobless rate at 7.7 percent

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12/7/2012

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

Job growth quickens, jobless rate at 7.7 percent

WASHINGTON (Reuters) - Employment grew faster than expected in November as the hit from superstorm Sandy on payrolls was less forceful than many feared.

Online jobs index up 7 percent year-on-year in November

(Reuters) - A monthly gauge of online labor demand in the United States rose in November from October, and was up 7 percent from a year ago, the operator of a job search website said on Friday.

"Fiscal cliff" talks down to Obama and Republican Boehner

WASHINGTON (Reuters) - With about three weeks left before the "fiscal cliff" deadline, the task of avoiding the steep tax hikes and spending cuts was down to talks between Republican House Speaker John A. Boehner and President Barack Obama, according to Capitol Hill aides.

U.S. committee shakeups may further delay adviser reform

(Reuters) - Changes in two powerful U.S. legislative committees could alleviate worries among financial advisers about far-reaching plans for reforms that would impact how they do business.

Romney campaign had $25.7 million left after U.S. election

WASHINGTON (Reuters) - Mitt Romney's presidential campaign had $25.7 million left in the bank days after the November 6 election that ended months of relentless fundraising in the most expensive race in U.S. history, new campaign finance disclosures showed on Thursday.

Shopping is not the same as giving

NEW YORK (Reuters) - At the peak of the shopping and giving season, consumers are increasingly combining both activities.

Investor advocates press SEC to finish "bad actor" rule

WASHINGTON (Reuters) - It does not seem like it would be difficult for regulators to block felons and other law-breakers from pitching private investment deals to unsophisticated customers, but nearly 20 months after proposing its "bad actor" rule, the U.S. Securities and Exchange Commission is having trouble finalizing it.

Investing in the New China Syndrome

CHICAGO (Reuters) - One of the ways to globalize your portfolio and to tap growth in emerging markets is to recognize the new China Syndrome. The world's most populous country is becoming a primary buyer for resources and technologies for its growing population.

U.S. household wealth rises to near 2007 high

WASHINGTON (Reuters) - The net wealth of U.S. households rose in the third quarter to its highest since late 2007, providing a hopeful sign for future consumer spending.

Blackstone plans to give retail investors access to hedge funds

BOSTON (Reuters) - Blackstone Group LP, one of the world's biggest investors in hedge funds, is preparing to launch a portfolio that will give retail investors a taste of these normally exclusive funds.