John Hyatt

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Wall St. Week Ahead: Market to shift into lower gear as earnings, data fade

NEW YORK (Reuters) - With earnings season winding down and the employment report out of the way, the U.S. stock market is likely to shift into a lower gear next week.<p>The earnings season so far has been largely positive with more than half of the companies that have reported beating estimates. But …

4 Reasons Why Millions Of Americans Are Leaving The Workforce

The unemployment rate only includes people who don't have jobs and are looking for work. A much larger swath of people — about 36 percent of U.S. adults — don't have jobs and aren't looking for work at all. That figure is higher than it's been in decades (and, conversely, the share of adults in the …

Fracking firm begins tests at Balcombe oil site as protests enter ninth day

The energy firm Cuadrilla has started testing equipment ahead of exploratory oil drilling in West Sussex as anti-fracking protests at the site entered a ninth day.<p>The project has been subject to days of delays because of protests led by Frack Off campaigners designed to halt delivery of equipment …

CFOs Have Bigger Roles Than Ever Before -- And They Like It That Way

When Duke Energy Corp. made Lynn Good its chief executive in June, the news was significant beyond the progress it signaled for women in the energy sector. Good had been the company’s chief financial officer, and her appointment highlighted an emerging trend of CFOs becoming company leaders.<p>A …

Loonie lower amid disappointing U.S. jobs data, mixed commodities

The Canadian dollar closed lower Friday as U.S. job creation figures came in worse than expected.<p>The U.S. Labour Department reported that the economy created 162,000 jobs during July, less than the 183,000 that markets had expected. However, the jobless rate ticked down to 7.4 per cent from 7.6 per …