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Solid U.S. employment gains expected in August; jobless rate seen falling

U.S. employment growth likely moderated in August after two straight months of hefty gains, but was probably still strong enough to push the Federal Reserve to raise interest rates later this year. The unemployment rate is forecast falling one-tenth of a percentage point to 4.8 percent. The Labor Department will release its closely watched employment report on Friday and readings in line with expectations would reinforce views that the economy has regained speed after almost stalling in the first half of the year

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Solid U.S. employment gains expected in August; jobless rate seen falling

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Hedge fund managers give stock picks in Vegas at SALT conference

Hedge fund managers on Thursday named some of their recent investments, including a bet that shares of American Airlines Group would fall and shares of both Chinese Internet company Tencent and chipmaker Xilinx would rise, in addresses at one of the industry's most prominent conferences. John Lykouretzos, who runs $2.8 billion Hoplite Capital Management Lp, disclosed his negative case against American Airlines, which helped push the stock down as much as 4.7

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Hedge fund managers give stock picks in Vegas at SALT conference

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U.S. jobless claims hit 14-month high; analysts blame Verizon strike

By Lucia Mutikani WASHINGTON (Reuters) – The number of Americans filing for unemployment benefits rose last week to a more than one-year high, but economists blamed striking telecommunications workers for the surge and said the data did not signal a deterioration in the overall labor market…

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U.S. jobless claims hit 14-month high; analysts blame Verizon strike