Business

6:45am

Fri August 3, 2012
The Two-Way

163,000 Jobs Added In July; Unemployment Rate Rose To 8.3 Percent

Originally published on Fri August 3, 2012 10:12 am

A sign pointing the way to a career fair in San Mateo, Calif., last month.
Justin Sullivan Getty Images

There were 163,000 more jobs on public and private payrolls last month, but the nation's unemployment rate edged up to 8.3 percent, the Bureau of Labor Statistics just reported.

The jobs gain was the best in five months and was much better than the revised estimated of growth for June — a gain of just 64,000 jobs. But it wasn't good enough to keep the jobless rate from rising slightly. In June, it stood at 8.2 percent.

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4:44am

Fri August 3, 2012

3:14am

Fri August 3, 2012
Business

Women On The Board Make For Better Business

Originally published on Fri August 3, 2012 3:30 am

The last word in business: women's intuition. Research shows that the stocks of companies that include women on their board of directors do better than companies with all-male boards. Renee Montagne and Steve Inskeep explain the report.

3:14am

Fri August 3, 2012
Business

In N.Y.C., Private Sector To Invest In Social Issues

Originally published on Fri August 3, 2012 3:30 am

New York City officials are experimenting with a new way to fund social programs normally paid for with tax dollars. New York City officials say the prison intervention program could keep many of the nearly four thousand adolescent males that enter the jail system each year from returning. WNYC's Colby Hamilton reports Goldman Sachs is set to make a nearly $10 million investment in a social impact bond.

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3:14am

Fri August 3, 2012
Business

A Bad Day For The Royal Bank Of Scotland

Originally published on Fri August 3, 2012 3:30 am

RBS, the Royal Bank of Scotland, is already in a tough spot. It's among several banks being investigated for allegedly rigging the interbank lending rate known as LIBOR. As Steve Inskeep reports, Friday it warned that it faced several potential lawsuits over those allegations.

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