Economists say the United States Federal Reserve may have to stimulate the economy if the unemployment remains stubbornly high, key US jobs figure show that around 8,000 jobs were created in June to keep the umemployment rate steady at 8.2%, not such good news for Barack Obama, that's half the amount required to shift the employment rate, job creations is set to dominate the political debate ahead of November's presidential election.

 

Legal Firm Slater and Gordon is putting together a class action on behalf of Australian investors hit by Barclay's rate fixing scandal, lawyers for the firm say losses in the Australia could be in the billions, the class action is on behalf of businesses and investors who've used financial products affected by the the Libor interbank lending right.

 

And Brumby's Bakery Chain has taken out Newspaper Ads to apologise for encouraging franchisees to raise prices and blame it on the carbon tax, this's been an expensive error by Brumby's, the company's managing director Deane Priest has resigned over that internal newsletter.