Muddled U.S. jobs report leaves Fed in a 'jam' watching markets NEW YORK/ RICHMOND, Va., Sept 4- The latest U.S. jobs report was not definitively good or bad enough to help the Federal Reserve decide whether to raise interest rates later this month, leaving the decision hanging on volatility in financial markets over the next couple of weeks. "With this jobs report... the Fed finds itself in a real uncertainty jam when it comes to a...
| By: Jonathan Spicer and Jason Lange
GLOBAL MARKETS-Stocks slide as jobs data makes Fed move unclear NEW YORK, Sept 4- Global equity markets tumbled and the dollar traded mixed on Friday after a U.S. jobs report for August kindled uncertainty over whether the Federal Reserve will raise interest rates in two weeks. The headline number of a less-than-expected increase of 173,000 in non-farm payrolls was offset by the generally strong Labor Department report.
| By: Herbert Lash
US STOCKS-Wall St lower as mixed jobs report adds to uncertainty *Caterpillar falls after broker downgrade. Sept 4- U.S. stocks fell in late morning trading on Friday as a mixed August jobs report did little to quell investor anxiety over the timing an interest rate increase. "With this jobs report, in which below-expectation job creation in August is offset by several factors- including a lower unemployment rate, prior...
| By: Tanya Agrawal
UPDATE 2-G20 promises transparency on rate moves as global economy disappoints *Delegates seek more from China on market turmoil. ANKARA, Sept 4- World financial leaders will agree to calibrate and communicate monetary policy carefully to avoid triggering capital flight, but will not call an expected U.S. rate rise a risk to growth, a draft communique showed on Friday. Officials from emerging markets wanted the communique from finance...
| By: Jan Strupczewski and Randall Palmer
Philips aims to take healthcare from hospitals into homes BERLIN, Sept 4- Philips Electronics will emerge from its radical transition away from the lighting industry as a more profitable company focused on consumer healthcare, the head of the group's Personal Health business told Reuters. The Dutch conglomerate, which is shedding its lighting business and LED components operation, aims to tap a growing market for...
| By: Harro Ten Wolde
G20 vows transparency on rate moves as global growth disappoints ANKARA, Sept 4- World financial leaders will agree to calibrate and communicate monetary policy carefully to avoid triggering capital flight, but will not call an expected Federal Reserve rate rise a risk to growth, a draft communique showed on Friday. Many emerging market economies are concerned that when the U.S. The draft indirectly also addressed the...