Career News 24/7: Reuters Money: U.S. jobless claims declined by 10,000 last week

Thursday, October 31, 2013

Reuters Money: U.S. jobless claims declined by 10,000 last week

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10/31/2013

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 declined by 10,000 last week

WASHINGTON, Oct 31 - The number of Americans filing new claims for unemployment benefits declined largely as expected last week as the impact of a California computer glitch worked its way out of the report.

Batista's OGX files for bankruptcy protection in Brazil

RIO DE JANEIRO (Reuters) - OGX Petróleo e Gas Participações SA, the Brazilian oil company controlled by former billionaire Eike Batista, sought court protection from creditors on Wednesday in Latin America's largest-ever corporate bankruptcy filing.

Pimco's Gross says higher taxes would improve U.S. economy

NEW YORK (Reuters) - Bill Gross, co-founder and co-chief investment officer of bond giant Pimco, said Thursday that tax reform in the United States would improve the nation's economic growth.

Twitter roadshow: less exuberance, more 'nuts and bolts'

NEW YORK (Reuters) - During the roadshow leading up to Facebook Inc's initial public offering a year-and-a-half ago, New York's institutional investors were greeted by snaking queues, beefed up police presence, and a media feeding frenzy.

Early holiday courtesy of Fed

(James Saft is a Reuters columnist. The opinions expressed are his own.)

Exclusive: Elliott likes gold options, activist investing - letter

BOSTON (Reuters) - Elliott Management said the U.S. Federal Reserve's easy money policies have distorted the economy and created big risks for markets and investors alike, prompting the hedge fund firm to add to long gold options to protect against inflation.

Bank regulators propose tougher trading book rules

LONDON (Reuters) - Banks using bespoke models for determining how much capital they hold to cover trading book risks should also use a standardized approach as a backstop, global regulators said on Thursday.

U.S. municipal bond funds with Puerto Rico exposure down by $8.3 billion

BOSTON (Reuters) - U.S. municipal bond funds with at least 5 percent exposure to Puerto Rico debt have experienced an $8.3 billion decline in their net assets in 2013, according to Lipper Inc data.

U.S.-based stock funds attract $13.5 billion in latest week: ICI

NEW YORK (Reuters) - Investors in U.S.-based mutual funds poured $13.5 billion into stock funds in the latest week on expectations the Federal Reserve would keep its easy money policies intact into 2014, data from the Investment Company Institute showed on Wednesday.

New York Mayor Bloomberg looks ahead to golf, speaking Spanish

NEW YORK (Reuters) - A golfing holiday and learning to speak Spanish "like a native" are at the top of New York Mayor Michael Bloomberg's list of activities he'll pursue when his term ends in December, he said in an interview published on Wednesday.