U.S. Jobless Rate Falls: Breaking Down the Numbers

Dec. 7 (Bloomberg) -- Bloomberg's Peter Cook reports that payrolls rose more than anticipated in November and the jobless rate fell to an almost four-year low of 7.7 percent, indicating superstorm Sandy had little effect on the U.S. labor market. He speaks on Bloomberg Television's "In The Loop."

PGIM CEO Hunt: Expectations for Returns Need to Come Down
16:00 - David Hunt, PGIM chairman and chief executive officer, discusses his concerns about the chase for returns. He speaks with Bloomberg's Amanda Lang and Scarlet Fu on "Bloomberg Markets." (Source: Bloomberg)
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