Midday Report
MAY 03, 2013
Dark side to jobs report: Big
drop in hours worked
By MarketWatch
There was a dark side to the April jobs report: Total hours worked fell
sharply, and the total amount of money earned by U.S. workers actually
declined from the month before, Rex Nutting reports. See full story.
U.S. economy creates 165,000
jobs in April
The pace of hiring snapped back in April after a surprising dip in March,
suggesting that job creation in the U.S. is holding steady despite a raft
of signs pointing to a third straight midyear slowdown in the economy. See full story.
What should you teach your kids
about money?
As pensions and job security erode, young people need financial education
more than ever — but most aren't getting it. See full story.
Why is Doug Kass bearish on
Buffett's Berkshire?
Thousands of Warren Buffett faithful will convene in Omaha, Neb. this
weekend for Berkshire Hathaway's annual shareholder meeting. But one lone
heretic intends to stand up among the loyal pilgrims and make his voice
heard. See full story.
LinkedIn selloff fails to spook
Wall Street
LinkedIn's weaker-than-expected outlook spooks investors, although many
analysts say the miss is more of a hiccup given the social network's growth
prospects. Several brokers raised their price targets on the stock. See full story.
As pensions and job security erode, young people need financial education
more than ever — but most aren't getting it. See full story.
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