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Business Latest: Jobs report

The White House got a weak jobs number, with a reported gain of just 142,000. But there is reason to believe the figure will get revised higher.
Veteran's Job Held At The University Of Chicago
Military veterans research employment opportunities at the Hiring Our Heroes jobs fair for veterans at the University of Chicago on July 30, 2014 in Chicago, Ill.

DEMS NEED JOBS REPORT TO BE OUTLIER: Democrats and the White House got a relatively weak jobs number on Friday as the Labor Department reported a gain of just 142,000, well off the three-month trend of 236,000. But there is reason to believe the figure will get revised higher. Read more

WHERE THE JOBS ARE: The shipping industry needs more officers and engineers. With global trade on the rise, and many officers nearing retirement age, the International Maritime Organization says there could be a shortfall of 27,000 to 46,000 officers in the near future.  Read more

GLOBAL DROUGHT: GET USED TO IT: It’s not a matter of whether the world will experience record breaking droughts in the years ahead. It’s nearly a given it will. The question, say analysts, is really about how leaders in government and business plan for a lack of water that could create chaos over food supplies and safe drinking water. Read more

STOCKS RALLY INTO CLOSE; RECORD FINISH FOR S&P 500: Read more