Business Today: U.S. jobless claims rise, but government analyst says backlog distorting data

		Click to View in Browser 09/19/2013 U.S. jobless claims rise, but government analyst says backlog distorting data WASHINGTON (Reuters) - The number of Americans filing new claims for jobless benefits rose last week, but it was difficult to get a clear read on the labor market's health because a Labor Department analyst said two states appeared to be working through a backlog of unprocessed claims. Futures climb after surprise Fed move to maintain stimulus NEW YORK (Reuters) - U.S. stock index futures rose on Thursday, a day after the Federal Reserve surprised investors and economists by keeping its stimulus measures intact. Taperless Fed sets off share and bond market surge LONDON (Reuters) - World shares and global bond prices surged on Thursday and the dollar fell after the U.S. Federal Reserve stunned markets by choosing to delay plans to cut back its asset-buying program. Fed surprises, sticks to stimulus as it cuts growth outlook WASHINGTON (Reuters) - The U.S. Federal Reserve defied investor expectations on Wednesday by postponing the start of the wind down of its massive monetary stimulus, saying it wanted to wait for more evidence of solid economic growth. Lira, rupee lead emerging market rally as Fed grants reprieve LONDON (Reuters) - Turkey's lira and India's rupee rose 2 percent on Thursday and their stock markets surged as the Federal Reserve's surprise decision to sustain its monetary stimulus granted a lifeline to embattled emerging markets. JP Morgan keeps top spot in investment bank league table -poll LONDON (Reuters) - JPMorgan Chase & Co retained its position as No. 1 investment bank by revenues for the first half of 2013 and took the top spot in all three categories: fixed income, equities and advisory, a survey showed on Thursday. Wall Street-funded report defends banks' role in physical commodities NEW YORK (Reuters) - A report funded by Wall Street's largest lobby group laid out the most public justification yet of banks' role in physical commodity markets, a lucrative business now under threat from mounting political and regulatory pressure. Insight: Embraer's Herculean task: Brazilian jet takes on Lockheed SAO JOSE DOS CAMPOS, Brazil (Reuters) - For decades Brazilian planemaker Embraer SA has kept its head down, shying away from larger aircraft in competition with industry giants that its executives called the "big dogs." Fed shock pushes euro money market rates lower, eases ECB job LONDON (Reuters) - Euro zone money market rates fell to six-week lows on Thursday after the Federal Reserve unexpectedly stuck to its $85 billion-a-month stimulus program, easing pressure on the European Central Bank to relax policy. Singapore Air and Tata to form full-service Indian carrier NEW DELHI (Reuters) - India's Tata conglomerate and Singapore Airlines will form a full-service airline based in New Delhi, adding a deep-pocketed player to a fast-growing but competitive Indian aviation sector where most operators lose money. Related Video Central banks need action not words Sports Spread: First Manchester derby for Moyes Economic News U.S. jobless claims rise, but government analyst says backlog distorting data Analysis: Time to taper? Not if you look at bank loans A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today   The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today   » MORE NEWSLETTERS - 3 Times Square New York, NY 10036 USA © Copyright 2010 Thomson Reuters Ensure delivery of Reuters Newsmails, add mail@nl.reuters.com to your address book. Details Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook Forward to a friend