Today’s Issue Cluster: US Labor
EU – Will banking “big bang” loosen lending?
US – Affordable Housing Drives Middle Class to Cities Inland
Ship – Rates Drop as China Hydro Power Cuts Coal Need
China – Jul: Official services PMI dips; 54.2 from 55.0 / R / WSJ *
EZ – Jun: Producer Prices Rise for First Time in 2014; +0.1%, -0.8% yr / WSJ *
UK – Jun: Markit Homebuilding Expands at Fastest Rate Since 2003; 68.0 from 66.8 / B *
Bonds – Tokyo Funds Snap Up European Debt WSJ *
Bonds – Europe’s haven eyes stormy high-yield FT * *
Bonds – Junk-Debt Liquidity Concerns Bring Sales WSJ * *
EU – Delivers earnings growth for the first time in three years FT *
EU – ‘Problem Is Equity, Not Debt’ WSJ *
EU – Handful of countries clearly opposed to the Euro eu *
EU – One-third say they don’t feel European q *
ECB – Draghi Picked Tough Time to Diet WSJ *
EU – Will banking “big bang” loosen lending? R
EU – UK banks step up opposition to new financial services tsar FT
UK – London’s employers warn of economic effect of soaring costs FT *
UK – Long-distance London commuters push up local house prices FT
US – Affordable Housing Drives Middle Class to Cities Inland NYT *
Yachts – Berths boom as super-rich rekindle love affair with luxury FT
Yachts – ‘A Job Engine, Not Self-Indulgence’ NYT
Mobile – Sprint and T-Mobile Play the Waiting Game WSJ
Mobile – France’s Iliad Makes Bid for T-Mobile US WSJ / FT / NYT / R / R *
Ship – Rates Drop as China Hydro Power Cuts Coal Need B
Coal – A Dozen States File Suit Against New Rules NYT / B
Coal – China’s industry says times are hard, outlook worse CD
Coal – EPA Emissions Plan Draws Protest in Pittsburgh WSJ
Crops – Cocoa: High prices no match for a sweet tooth FT
Crops – Almonds: California drought poses threat to supplies FT
Crops – Rice: Drought-Resistant Strains Sows Wealth in India WSJ
Crops – Rice: Cambodia Looks For Place on the World’s Plate NYT
US – Hiring Settles Into Steady Gains WSJ / FT / R * *
US – Unemployment rose to 6.2% / r *
US – July jobs report: Stagnant wages r *
US – Jobs Report Shows High-Wage Sectors Finally Digging Out WSJ / wsj * *
US – Why So Few Are “Marginally Attached” to the Labor Force wsj * * * *
US – With Jobs, It’s the Taking Part That Counts WSJ *
US – It’s still hard out there for the unemployed 538 *
US – Wages, Benefits Rise at Fastest Pace in Almost Six Years WSJ
US – Mid-Wage Work Comes Back B *
US – ‘Layoffs are becoming rare’ AP
US – ‘Near Economic, Jobs Speed Limit Already?’ IBD *
Ebola – African states seal off outbreak epicentre AFP *
Ebola – ‘Moving faster than efforts to control it’: WHO FT / NYT / AFP *
Ebola – Taxis, planes and viruses: How deadly virus can spread R *
Ebola – 35 countries one flight away from affected countries q *
The most commonly-spoken languages in London motw *
