Brazil's Unemployment Mostly Increases in July, Results Partial

TODAY: Aug. 23, 2014 PUB DATE: Aug. 21, 2014

By Rogerio Jelmayer SAO PAULO--Unemployment in Brazil mostly increased in July, amid the country's tepid economic activity so far this year, though a strike by government statistics gatherers limited monthly survey results to four cities rather than the usual six. ...

Euro-Zone Business Growth Slows in August--Update

TODAY: Aug. 23, 2014 PUB DATE: Aug. 21, 2014

By Jason Douglas LONDON--Business activity in the euro zone slowed in August, held back by weakening factory output in its two biggest economies. Financial data firm Markit said Thursday its purchasing managers' index for the euro zone, a closely watched ...

Private Bankers Notably Absent From Fed's Symposium This Year

TODAY: Aug. 23, 2014 PUB DATE: Aug. 21, 2014

By Jon Hilsenrath JACKSON HOLE, Wyo.--Wall Street's big investment banks are out and the AFL-CIO is in this year at the Federal Reserve's Jackson Hole Symposium. William Spriggs, chief economist at the American Federation of Labor and Congress of Industrial ...

US Markit Flash-August PMI Jumps to Highest Reading Since April 2010

TODAY: Aug. 23, 2014 PUB DATE: Aug. 21, 2014

By Kathleen Madigan U.S factory activity this month is expanding strongly, with production surging, according to an early reading of August business conditions released Thursday. The flash purchasing managers' index compiled by data provider Markit increased to 58.0 in August ...

U.S. Fixed Mortgage Rates Fall in Latest Week

TODAY: Aug. 23, 2014 PUB DATE: Aug. 21, 2014

Average fixed mortgage rates in the U.S. declined in the latest week, with the 30-year-fixed rate hitting its lowest level of the year, according to mortgage-finance company Freddie Mac (FMCC). Mortgage rates have declined in line with yields on U.S. ...

U.S. Existing Home Sales-Aug 21 -2-

TODAY: Aug. 23, 2014 PUB DATE: Aug. 21, 2014

Mar 6.570 2.7 4.4 175.0 223.0 5.780 2.7 4.4 174.0 223.0 Feb 6.400 NA 4.5 169.0 216.0 5.630 NA 4.5 168.1 215.9 Write to Rodney Christian at csstat@dowjones.com (END) Dow Jones Newswires August 21, 2014 11:56 ET (15:56 GMT) Copyright ...

Inversions Push Falls to Treasury's Mark J. Mazur

TODAY: Aug. 23, 2014 PUB DATE: Aug. 21, 2014

By Damian Paletta The Obama administration's point man in the effort to deter U.S. companies from restructuring overseas to avoid taxes is a career government economist known for his loosened neckties, Pez dispensers and sweeping grasp of the U.S. tax ...

European Stocks Flat Ahead of Euro Zone Data

TODAY: Aug. 23, 2014 PUB DATE: Aug. 21, 2014

European stocks were little changed in early trade Thursday as investors weighed some mixed economic data against a rise on Wall Street. The Stoxx Europe 600 index was flat after French business activity data showed a deeper-than-expected slump during August ...

Swedish Unemployment Rate Drops

TODAY: Aug. 23, 2014 PUB DATE: Aug. 21, 2014

By Charles Duxbury STOCKHOLM--Sweden's unemployment rate fell more than expected in July, data showed Thursday, in a sign that a stuttering economic recovery is gathering pace after a drawn out slowdown. That will be a source of some relief for ...

HSBC China Flash PMI Falls to 50.3 in August

TODAY: Aug. 23, 2014 PUB DATE: Aug. 21, 2014

BEIJING--A closely watched gauge of activity in China's manufacturing sector dropped to a three-month low in August, raising concerns about a still-fragile economic recovery. The preliminary HSBC China Manufacturing Purchasing Managers Index fell to 50.3 in August, compared with a ...

Swiss July Exports Gain on Demand for Chemicals, Watches

TODAY: Aug. 23, 2014 PUB DATE: Aug. 21, 2014

By Neil MacLucas ZURICH--Rising demand from Europe and Asia for Switzerland's pharmaceuticals and chemicals as well as precision instruments and watches supported export growth in July. Exports in July rose 4.5% year over year in real terms adjusted for inflation ...

Philadelphia Fed Business Index Jumps to 28.0

TODAY: Aug. 23, 2014 PUB DATE: Aug. 21, 2014

Mid-Atlantic manufacturers say business conditions were quite strong in August, according to a survey released Thursday by the Federal Reserve Bank of Philadelphia. Expectations jumped to highest reading in more than two decades. The Philadelphia Fed's index of general business ...

Polish Rate Setters Wary of Growth, CPI Outlook Amid Ukraine Conflict

TODAY: Aug. 23, 2014 PUB DATE: Aug. 21, 2014

WARSAW--Poland's rate setters were worried about increased uncertainty surrounding the country's future inflation and growth, and the impact on the country's economy from the Russia-Ukraine conflict, minutes from the rate panel's July sitting showed Thursday. During the sitting, which took ...

Bank of America Reaches $16.65 Billion Settlement

TODAY: Aug. 23, 2014 PUB DATE: Aug. 21, 2014

By WSJ staff Bank of America Corp. agreed to pay a settlement of $16.65 billion over its mortgage lending, capping a legal odyssey that has dogged it since the depths of the financial crisis. The deal resolves a government investigation ...

Canada Job Insurance Claims Rose 10.9% in June from May

TODAY: Aug. 23, 2014 PUB DATE: Aug. 21, 2014

By Judy McKinnon The number of initial and renewal claims for unemployment insurance benefits in Canada rose 10.9% to 251,040 in June from May, Statistics Canada said Thursday. Claims were up 9.9% from a year earlier. The number of people ...

Correction to UK Retail Sales Story

TODAY: Aug. 23, 2014 PUB DATE: Aug. 21, 2014

"UK Retail Sales Weaker Than Expected In July," at 0847 GMT misstated in the last paragraph that ONS data released Thursday showed a stronger-than-expected improvement in public finances. And also mistated that economists were expecting a net borrowing of GBP2.8 ...

U.S. Government Bonds Rise Before Fed Chairwoman's Speech

TODAY: Aug. 23, 2014 PUB DATE: Aug. 21, 2014

By Min Zeng Treasury bonds strengthened Thursday for the first time this week as investors shrugged off a round of upbeat U.S. economic reports and looked forward to a speech on the labor market by Federal Reserve Chairwoman Janet Yellen. ...

Mexican Economy Picks Up Steam in Second Quarter -- Update

TODAY: Aug. 23, 2014 PUB DATE: Aug. 21, 2014

By Anthony Harrup MEXICO CITY--Mexican economic growth accelerated in the second quarter, recovering from a disappointing start to the year, as export demand and private consumption improved. Gross domestic product grew a seasonally adjusted 1.04% from the first quarter, the ...