Wall St opens higher on jobs data

NEW YORK (Reuters) – U.S. stocks opened higher on Friday after a better-than-expected jobs report lifted investor optimism on the economy.


U.S. payrolls fall less than expected in August

WASHINGTON (Reuters) – U.S. employment fell for a third straight month in August, but the drop was far less than expected and private hiring surprised on the upside, easing pressure on the Federal Reserve to prop up economic growth.


Hurricane Earl Rakes US East Coast with Wind, Rain

Hurricane Earl battered North Carolina’s coast with rain, winds and waves Friday and swirled up the U.S. eastern seaboard toward New England and Canada as a weakened but still dangerous storm.

Fewer Jobs Lost in August; Private Hiring Beats Forecasts

Rise in US private sector jobs raises hope

The US shed 54,000 jobs in August as the government dismissed more temporary census workers, but a rise in private sector employment offered hope that the economy could fend off a second recession

Investors buoyed by better US jobs data

Traders are piling into risky bets after a better than expected US labour market report reinforced hopes that the US economy can avoid sliding back into recession.

BP disaster costs rise to $8bn

The oil group said the costs associated with the Gulf of Mexico oil spill have risen by $2bn in the last month to $8bn and that it expected the relief well currently under construction to be completed by mid-September

Trading thins ahead of key US jobs data

European and Asian shares are slightly higher as investors are cheered by positive economic data from the US and a third straight session of gains on Wall Street

Stock index futures dip ahead of payrolls

(Reuters) – Stock index futures pointed to a slightly lower open on Wall Street on Friday, with futures for the S&P 500 down 0.21 percent, Dow Jones futures down 0.17 percent and Nasdaq100 futures flat at 0725 GMT (3:25 a.m. ET).


China approached Canadian fund on rival Potash bid

MELBOURNE/TORONTO (Reuters) – Chinese and other investors have approached at least one big Canadian pension manager about a bid for Canada’s Potash Corp to rival BHP Billiton’s $39 billion hostile offer.


Earl Closes in on US East Coast, Weakens Slightly

Hurricane Earl began to strafe North Carolina’s barrier islands with dangerous surf and winds on Thursday as it spun parallel to the U.S. East Coast on a northward trek toward New England and Canada.

Stocks rise on economic hopes ahead of payrolls

NEW YORK (Reuters) – Stocks rose on low volume on Thursday as data showed improvement in housing and the job market a day ahead of the critical monthly payrolls figures.


Economic data damp down fears of new recession

WASHINGTON (Reuters) – Pending sales of previously owned U.S. homes rebounded unexpectedly in July and new claims for jobless benefits fell last week, helping quell fears the economy could face a double-dip recession.


Earl Weakens Slightly, but on Track to Hit East Coast

Hurricane Earl took aim at North Carolina on Thursday and was on track to lash its barrier islands with dangerous winds and pounding surf before cutting a path up the U.S. East Coast.

Friday’s Jobs Report Will Be Key for Markets—and Fed

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