Job Growth Cools During July as Unemployment Rate Rises to 6.2 Percent

Job seekers Hernaldo Garay (right) and Kenneth Ayala fill out forms during the 'Put Your Talent to Work' job and resource expo in Concord, California. (Photo: Justin Sullivan/Getty Images News)
Wells Fargo's Adams: Stocks Might Tumble Another 10%
The S&P 500 lost 2 percent Thursday, and that may just mark the beginning of the decline, says Gina Martin Adams, senior equity strategist for Wells Fargo.... [Full Story]
The S&P 500 index fell 2 percent Thursday, and that made a believer out [Full Story]
Warren Buffett's Berkshire Hathaway Inc. said second-quarter profit rose [Full Story]
U.S. stocks followed European shares lower, extending the worst weekly [Full Story]
Gold prices rose the most in a week after U.S. employers added fewer [Full Story]
Allergan Inc. sued Valeant Pharmaceuticals International Inc., accusing [Full Story]
Barclays Plc. was sued by Great Pacific Securities over trading in the [Full Story]
Jonathan Hoenig of Capitalistpig says now is the time to play defense in [Full Story]
The gold standard is the foundation for restoring booming growth and [Full Story]
The Labor Department reported the economy added only 209,000 jobs in July. The unemployment rate rose to 6.2 percent, but that hardly tells how tough the labor market has become for ordinary folks. [Full Story]
Scientific Games Corp., which makes slot machines for casinos, will buy larger rival Bally Technologies Inc. for about $3.27 billion. [Full Story]
U.S. stocks followed European shares lower, extending the worst weekly loss for the Standard & Poor's 500 Index in two years, amid growing concern about international credit markets. [Full Story]
American investors should diversify globally because having too much money in one market is too risky, especially when that market is the most expensive in the developed world, says portfolio manager Patrick O'Shaughnessy of O'Shaughnessy Asset Management. [Full Story]
A growing number of "sandwiched" baby boomers are finding it necessary to delay retirement as they strain their financial resources to support children and elderly parents, USA Today reports. [Full Story]

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