  | | | U.S. job growth cools, unemployment rate rises | | WASHINGTON (Reuters) - U.S. job growth slowed in July and the unemployment rate unexpectedly rose, pointing to slack in the labor market that could give the Federal Reserve room to keep interest rates low for a while. | | |  | | | Jobs data bolsters Yellen's argument on labor market slack | | WASHINGTON (Reuters) - The U.S. Federal Reserve has made a big bet that recovery of the labor market is a long way from creating a worrisome surge of inflation. A range of economic data on Friday suggested the Fed has been reading the odds well. | | | |  | | | Allergan sues Valeant, Ackman for alleged insider trading | | (Reuters) - Allergan Inc , which is fighting a $51 billion hostile takeover bid from Valeant Pharmaceuticals International and activist investor William Ackman, on Friday filed a federal lawsuit alleging they violated insider trading laws. | | | |  | | | Consumer sentiment dips in July | | NEW YORK (Reuters) - U.S. consumer sentiment edged down in July, while an index of consumer expectations weakened for a third straight month, a survey released on Friday showed. | | | | |  |  | | | 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 | |
