July jobs report shows anemic growth in payroll gains
The Labor Department reported July payrolls up only 32,000, the smallest gain since December, while unemployment fell to 5.5 percent. Analysts cited energy prices and geopolitical risks as factors, stock markets fell, and the Federal Reserve was expected to raise rates. The report sparked political debate over economic policy amid a tight election year.
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Washington
America
Wall Street
Labor Department
Federal Reserve
Stockyards report scarce demand in Eastern Cornbelt hog prices
Eastern Cornbelt carcass prices fell across multiple weights with 0.5 to 0.9 inch bf ranges from 74.00 to 81.76. Today’s negotiated purchases total 14,368. Illinois hog prices show steady trading with moderate demand and offerings across weight classes from 300 to over 600 pounds and boar prices from 10.00 to 40.00.
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Springfield
Illinois
Grain Futures Mixed on Chicago Board of Trade
Chicago futures mostly mixed as Wheat for September slipped 5 cents to 3.15 per bushel, September corn rose 1 cent to 2.25, September oats held at 1.32, and September soybeans fell 12 cents to 5.69 per bushel in Friday trading.
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Chicago
Chicago Board of Trade
Consumer confidence soars to highest level in months
AP Ipsos survey shows consumer attitudes improve with an 104.8 index in August from 92.0 in July as Americans feel better about personal finances and expect stronger local economies six months ahead despite oil prices and terror threats. The rise follows four months of steady improvement amid signs of economic recovery.
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Washington
Labor Department
AP Ipsos
Mike Mainello
North Carolina
Mainello
Winston-Salem
Ap-Ipsos
Jobs report fuels Dow drop to fresh 2004 low
The Dow Jones fell nearly 150 points to a new 2004 low as a disappointing July jobs report showing only 32,000 new hires and high oil prices spurred broad selling. The Nasdaq and S&P 500 also hit year to date lows, raising questions about the pace of the economic recovery and Fed rate moves. Analysts noted weaker hiring than forecast and signaled possible Fed action next week.
MENTIONED IN THIS ARTICLE
New York
Standard & Poor
Michael Sheldon
Spencer Clarke LLC
Pokmon Center recalls plush toys over needle risk
About 7 400 Pokemon plush dolls and related items sold at Pokemon Center NY and online from January to August carry production codes A04 B04 C04 D04 E03 E04 F03 F04 G03 G04 H03 103 J03 E03 L03 and TOMY label. CPSC urges consumers to stop use, seek refund or replacement by calling 800 691 8055. recall covers 626 000 units in Japan and US. More details at cpsc.gov.
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Pokemon
New York City
Pokemon Center
Consumer Product Safety Commission
Tomy Co
Japan
U.S
Tomy
Cpsc.gov
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