Payrolls rose less than projected in September, wages stagnated and the jobless rate was unchanged as people left the workforce, signaling the global slowdown and financial-market turmoil are rippling through the world’s largest economy.
Your Money in the News
Half of Americans won’t get a chip-loaded card by the deadline.
Despite debt, stagnant wages, and sluggish economic growth, young people may yet find a path to prosperity.
Credit markets are viewing Glencore Plc as if it’s already junk.
All’s fair in love and debt restructuring.
Household spending climbed more than forecast in August and incomes also rose as the biggest part of the U.S. economy continued to power past a global slowdown.
Alcoa Inc., the biggest U.S. aluminum maker, will split itself into two public companies.
Pimco may have won as much as it lost after its co-founder Bill Gross left a year ago.
Higher interest rates mean higher debt burdens
The world’s largest economy expanded more than previously forecast in the second quarter, boosted by gains in consumer spending and construction that may help the U.S. withstand a global slowdown.
Can games of chance get people to save more?
New ETFs are being created at a record rate. A few, like one that bets against China, are big winners.
The EEOC says the chain passes over older job applicants.
How to tell a financial adviser from a scam artist.
What happens when a smart-beta strategy meets an industry rife with M&A? You get a 420% return.
Videos: In The Money
Bloomberg Intelligence's Eric Balchunas explains why wild ETF trades don't work. He speaks with Bloomberg's Alix Steel and Scarlet Fu on "Bloomberg Markets." (Source: Bloomberg)
Mary Ann Bartels, BofA Merrill Lynch's chief investment officer, discusses the outlook for Federal Reserve monetary policy with Bloomberg's Scarlet Fu and Alix Steel on "Bloomberg Markets." (Source: Bloomberg)
Bloomberg's David Wethe explains how the oil bust has impacted the sand industry. He speaks with Bloomberg's Scarlet Fu and Alix Steel on "Bloomberg Markets." (Source: Bloomberg)
Glencore shares ended with a 2.3 percent loss for the week, a tiny move for the company that’s lost $44 billion in market value this year. Bloomberg's Alis Steel reports on "Bloomberg Markets." (Source: Bloomberg)
U.S. payrolls expanded less than expected in September, adding 142,000 jobs while the jobless rate held steady at 5.1 percent. Bloomberg's Josh Wright examines the data and looks at how the report may impact the Federal Reserve's decision on when to raise interest rates. He speaks on "Bloomberg Markets." (Source: Bloomberg)