U.S. Payrolls Rise 165,000; Jobless Rate at 7.5%

May 3 (Bloomberg) -- Employment picked up more than forecast in April and the jobless rate unexpectedly declined to a four-year low of 7.5 percent. Payrolls expanded by 165,000 workers last month following a revised 138,000 increase in March that was larger than first estimated, Labor Department figures showed today in Washington. Peter Cook reports on Bloomberg Television's "In the Loop." Source: Bloomberg)

Being Sanguine for EU Banks in the ‘Eye of the Storm’
20:00 - Mouhammed Choukeir, chief investment officer at Kleinwort Benson, discusses problems at some European banks and why he says investors should be “cautiously optimistic.” He speaks with Guy Johnson and Caroline Hyde on Bloomberg Television’s “On The Move.” (Source: Bloomberg)
  • German Finance Sector is Generally Awful, Says Choukeir
  • Could a White-Knight Deutsche Investor Make a Killing?
  • Why a Clinton Win Could Make the Mexican Peso Jump