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U.S. job growth seen slowing, but remaining solid in July

Thursday, July 31, 2014 10:03pm

Workers work on installing the motherboard to a 32-inch TV at Element Electronics in WinnsboroBy Lucia Mutikani WASHINGTON (Reuters) - U.S. job growth likely cooled a bit in July, but retained enough momentum to suggest the economy remained on solid ground. Still, it would mark the sixth straight month that employment has expanded by more than 200,000 jobs, a stretch last seen in 1997. The unemployment rate likely held at a six year-low of 6.1 percent, but could surprise on the downside after surveys showed Americans becoming more upbeat about jobs. "As long as we have job growth going in the right direction and the labor market tightening up, we are still in a good place," said Robert Dye, chief economist at Comerica in Dallas The economy grew at a 4.0 percent annual pace in the second quarter after shrinking at a 2.1 percent rate in the first three months of year.


Three-day Gaza cease-fire goes into effect after heavy Israel-Hamas fighting

Thursday, July 31, 2014 10:01pm

GAZA CITY, Gaza Strip (AP) — Three-day Gaza cease-fire goes into effect after heavy Israel-Hamas fighting.

Leishman leads WGC Bridgestone, Woods four adrift

Thursday, July 31, 2014 9:56pm

Marc Leishman of Australia hits off the seventh tee during the first round of the World Golf Championships-Bridgestone Invitational at Firestone Country Club South Course on July 31, 2014 in Akron, OhioAustralia's Marc Leishman fired a six-under par 64 to seize a one-stroke lead in the Bridgestone Invitational with defending champion Tiger Woods four shots back. Leishman had eight birdies and two bogeys at Firestone Country Club and was one stroke in front of England's Justin Rose, South African Charl Schwartzel and American Ryan Moore. It makes this course a lot easier when you're on the fairway," said Leishman, who had top-10 finishes at the US PGA Tour's National and the British Open. Rose, the 2013 US Open champion who turned 34 on Wednesday, had five birdies in his five-under 65.


Senate confirms US ambassador to Russia

Thursday, July 31, 2014 9:53pm

John Tefft of Va., arrives to testify before the Senate Foreign Relations Committee on Capitol Hill in Washington, Tuesday, July 29, 2014, to be the new U.S. Ambassador to Russia. President Barack Obama's earlier announcement that he is tapping Tefft for the high-profile diplomatic post comes amid a crucial period in U.S.-Russia relations, which have been severely tested over President Vladimir Putin's actions in neighboring Ukraine, among other issues. The U.S. Embassy in Moscow has been without an ambassador since February. (AP Photo/Susan Walsh)WASHINGTON (AP) — After a period in limbo with a slew of other nominees to be U.S. diplomats around the world, John Tefft gained Senate confirmation Thursday night as America's new envoy to Russia.


Gas blasts kill 24, injure 271 in Taiwanese port

Thursday, July 31, 2014 9:38pm

Vehicles are left lie in a destroyed street following multiple explosions from an underground gas leak in Kaohsiung, Taiwan, early Friday, Aug. 1, 2014. A massive gas leakage early Friday caused five explosions that killed scores of people and injured over 200 in the southern Taiwan port city of Kaohsiung. (AP Photo) TAIWAN OUTKAOHSIUNG, Taiwan (AP) — At least 24 people were killed and 271 injured when several underground gas explosions ripped through Taiwan's second-largest city, hurling concrete and cars through the air and blasting trenches in the streets, authorities said Friday, as a search for the cause began.


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