US stocks approach records after strong jobs report

NEW YORK (AP) — U.S. stocks are jumping Friday and are on pace to set records after a strong July jobs report gave investors more confidence that the economy is still growing. The Labor Department said employers added 255,000 jobs, far more than experts expected. Bank stocks rose on the prospect of higher interest rates, while tech stocks and consumer companies also made big gains.

  • Written by MARLEY JAY, AP Markets Writer

A burst of hiring helps dispel concerns about US economy

WASHINGTON (AP) — U.S. employers added a healthy 255,000 jobs in July, a sign of confidence in the economy that will likely ease concerns about signs of weak growth in the midst of the presidential race.

  • Written by CHRISTOPHER S. RUGABER, AP Economics Writer

Visitors to Rio Olympics will find all 5 senses triggered

RIO DE JANEIRO (AP) — Right after getting off the plane, sweat beads will start to gather on your forehead. That's just Rio de Janeiro's ever-present humidity saying "hello."

  • Written by PETER PRENGAMAN, Associated Press

Poll: Most young Americans say parties don't represent them

WASHINGTON (AP) — Most young Americans say the Republican and Democratic parties don't represent them, a critical data point after a year of ferocious presidential primaries that forced partisans on both sides to confront what — and whom — they stand for.

  • Written by LAURIE KELLMAN, Associated Press EMILY SWANSON, Associated Press

US adds a robust 255K jobs; unemployment stays 4.9 pct.

WASHINGTON (AP) — U.S. employers added a healthy 255,000 jobs in July, a sign of confidence amid sluggish economic growth that points to a resilient economy.

  • Written by CHRISTOPHER S. RUGABER, AP Economics Writer