Private employers added 67,000 jobs, more than forecast, but governments shed jobs in August, the Labor Department reported, as the jobless rate rose to 9.6 percent.
WASHINGTON (Reuters) - U.S. employment fell for a third straight month in August, but the drop was far less than expected and private hiring surprised on the upside, easing pressure on the Federal Reserve to prop up economic growth.
LONDON (Reuters) - BP Plc said the cost of dealing with its oil spill in the Gulf of Mexico had risen to $8 billion as the oil giant prepared to release the findings of an internal probe into the causes of the disaster.
MANTEO, North Carolina (Reuters) - Hurricane Earl slapped North Carolina's coast with rain, winds and heavy surf on Friday and swirled up the U.S. eastern seaboard toward New England and Canada as a weakened but still potent storm.
NEW YORK (Reuters Life!) - The BP oil spill that spewed millions of barrels of oil in the Gulf of Mexico is unlikely to deter travel to Florida and Louisiana for the rest of the year, a new poll showed.
NEW YORK (Reuters Life!) - Brian Reilly's visit to Jerusalem had a special touch this year because Jewish and Muslim colleagues joined him at the site believed to be where Jesus Christ was crucified and buried.
ISTANBUL (Reuters Life!) - The Pera Palace, once Istanbul's grandest hotel which hosted Alfred Hitchcock and Winston Churchill before it slumped into disrepair decades ago, re-opened this week after a lavish, 2-1/2 year renovation.
NEW YORK (Reuters) - Wall Street advanced on Friday after a better-than-expected jobs report lifted investor optimism on the economy but gains were checked after data showed services sector activity slowed.
WASHINGTON (Reuters) - U.S. employment fell for a third straight month in August, but the drop was far less than expected and private hiring surprised on the upside, easing pressure on the Federal Reserve to prop up economic growth.
CHICAGO (Reuters) - Campbell Soup Co posted lower-than-expected quarterly sales and forecast sales growth for the new fiscal year below its long-term target as the world's largest soup company grapples with a weak economy.
WASHINGTON (Reuters) - President Barack Obama on Friday said he would address a package of new measures next week to boost U.S. growth and hiring as he greeted the August job report as positive news.
