Stocks Advance On Strong Jobs Data

U.S. stocks rose on Thursday as investors cheered the release of two stronger-than-anticipated reports on the jobs market, setting the stage for Friday’s highly anticipated June jobs report.

At the preliminary close, the Dow Jones industrial average gained 93 points, or 0.7 percent, to 12,719; the S&P 500 added 14 points, or 1.1 percent to 1,353; and the Nasdaq Composite climbed 39 points, or 1.4 percent, to 2,873.

Retail stocks jumped Thursday after several large chains reported better-than-expected June sales. Kohl’s was the second-best performer on the S&P 500, up more than 7 percent, followed closely by Target, Urban Outfitters and Macy’s.

“The outlook for consumer discretionary and consumer staples remains positive, particularly going into the important back-to-school shopping season,” said Stephen Carl, head equity trader at Williams Capital.

Financial shares also posted strong gains, with Bank of America, JPMorgan Chase and American Express among the Dow’s top performers.

Economy: Investors got two strong jobs-related economic reports before the opening bell, which gave stocks an early boost on Thursday.

“The data confirms that, although the job market remains weak, it’s showing some signs of stability, and the weakness we saw in the second quarter was more related to the earthquake in Japan than a U.S. Read all post…

Forex – USD/CAD Up In Asian Trading Hours

Forex Pros – pros The U.S. Dollar was higher against the Canadian Dollar on Friday.

USD/CAD was trading at 0.9590, up 0.05% at time of writing.

The pair was likely to find support at 0.9570, Thursday’s low, and resistance at 0.9695, Wednesday’s high.

Meanwhile, the U.S. Dollar was up against the Euro and the British Pound, with EUR/USD shedding 0.09% to hit 1.4350 and GBP/USD falling 0.10% to hit 1.5956.

Divorcing With Pomp and Circumstance

A new business in Japan lets divorcing couples celebrate their change in a ceremony not unlike a wedding, except instead of publicly tying the knot, they cut it.

After one of his friends was going through a painful divorce process, Hiroki Terai had come up with the idea of holding divorce ceremonies to help couples rejoice over their decisions to part ways.

Divorce ceremonies are thus a very recent phenomenon and to witness how they take place, one will have to travel to Japan and South Korea, which are currently the only two countries where couples formally untie their marital knots. They are no different from wedding functions, but with a different outcome.

The Price of Bad Pricing


Thinking Entrepreneur

An owner’s dispatches from the front lines.

If there is an aspect of running a small business that doesn’t get enough attention, I think it’s pricing. Unfortunately, there’s a good reason for that: pricing is hard to do and easy to ignore. But that’s especially dangerous right now when there’s a good chance your own expenses are changing.

With most management decisions, your goals are pretty straight forward. Most of the time, you simply want to be the best at whatever you do. You want to have the best staff, the best service, the best marketing. But pricing is more complicated. You may say you want to offer the best price. But what does that mean? The lowest price for the customer? The price that will provide the best value for the customer? The price that will result in the highest profit for your company? The price that will result in the most sales for your company?

It can get even more complicated. To figure out the relationship between the price you charge and the profitability that results, you have to do some cost accounting. For instanc

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Facebook Launches Group Chat and Video Calling Powered by Skype

During the event at Facebook headquarters in Paolo Alto, Facebook CEO Mark Zuckerberg announced new video calling feature powered by Skype, as well as the group chat feature and improvements to the chat functionality design. Zuckerberg announced new features on Wednesday and also said that Facebook has reached a new milestone, 750 million users across the globe.

Facebook partnered with Skype to bring video calling to the popular social networking site. The feature is “built right into chat” and to start using it, users will first have to install a plug-in to setup video calling on their browsers. Facebook users will be able to video call their friends with a single click from their friends’ profile or from their Facebook chat window. Users will also be able to leave a video message in case a friend misses their call.

Those Facebook users who have a Skype account can run Facebook video calling and Skype at the same time, as the two apps are not related to each other. User’s

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Truck Rental – 5 Smart Helpful Hints To Help You Select The Proper Truck For Your Move

When you move, one can find a lot of things, such as the weather, you must consider. Will the weather be great? Will you be able to keep track of all your stuff and stop theft during this hectic time? 1 factor youll be able to do to expertise much less hassles during moving is to rent a truck. A moving truck rental is a superb way to move your things! No matter precisely how near or far your brand new home may possibly be, exploring your choices in moving truck rental can make your chore much simpler. Here are some suggestions to help you pick the correct moving truck.

I. Before you do something else, decide precisely how large your moving truck need to be. Commonly speaking, a single room full of furniture will require about 5 feet of cargo space in a moving truck. Obviously, in the event you have a bunch of stuff, you may require more space!

II. After you’ve figured out the size of moving truck which will accommodate your belongings, youll be able to start calling moving truck rental organizations to obtain the most effective deal. S

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