Market News
Job Growth Rebounds, but Wages Lag
Wall Street Journal - 4 Oct 2014 03:02
The U.S. unemployment rate slipped below 6% for the first time since the recession as hiring returned to a strong pace, lifting hopes for an economy that continues to show sluggish wage growth and persistent underemploym...
China sure to tally costs in handling Hong Kong's protests
Forbes - 4 Oct 2014 04:51
When the lips are gone, the teeth will grow cold, as the ancient Chinese saying goes. If China and Hong Kong are like lips and teeth, their relationship can bear only a limited amount of strain before both will suffer. T...
Yahoo Nears Snapchat Investment
Wall Street Journal - 4 Oct 2014 02:55
Yahoo plans to reinvest a small portion of the cash it made from an early bet on Alibaba in another fast-growing startup: Snapchat. Yahoo would be part of a fundraising round slated to value Snapchat at $10 billion.
The Week Ahead: Will the October Curse Spook Investors Again?
Forbes - 4 Oct 2014 13:55
The better than expected monthly jobs data on Friday and the upward revision of the prior month took a bit of fear out of the stock market. It has been a rough past few weeks for the stock market as most in the financial...
Gold, silver tumble on fall in demand, weak global cues
livemint.com - 4 Oct 2014 13:26
Gold of 99.9 and 99.5% purity plunged by Rs440 each to Rs27,030 and Rs26,830 per ten gram, respectively
GM Recalls More Cars, Halts Two Pickups
Wall Street Journal - 4 Oct 2014 02:13
General Motors recalled for safety flaws more than 500,000 mostly newer vehicles and halted sales of two important new pickups the auto maker unveiled to help take back the truck sales crown from Ford.
Gross's Job Switch Triggers Scuffle for Clients
Wall Street Journal - 4 Oct 2014 02:02
With Bill Gross gone from bond giant Pimco, rival firms are angling to poach the firm's clients.