Nasdaq vaults to 11-year high on surge in jobs 04.02.12 00:14 NEW YORK (Reuters) - A surge in hiring in the world's largest economy last month drove the Nasdaq to an 11-year high on Friday as optimism grew that the labor market is on a steady path to recovery. Jobless rate at 3-year low as payrolls surge 04.02.12 00:14 WASHINGTON (Reuters) - The United States created jobs at the fastest pace in nine months in January and the unemployment rate unexpectedly dropped to a near three-year low, giving a boost to President Barack Obama. Analysis: Stock-picking makes a comeback as macro tides fade 03.02.12 19:45 NEW YORK (Reuters) - Stock-picking once again matters on Wall Street. New York sues banks over electronic mortgage system 03.02.12 22:54 NEW YORK (Reuters) - New York State Attorney General Eric Schneiderman on Friday sued three major U.S. banks, accusing them of fraud for using an electronic mortgage database that resulted in deceptive and illegal practices. Wall Street analysts struggle to predict Apple 03.02.12 22:51 SAN FRANCISCO (Reuters) - By day, Robert Leitao manages a Catholic church in Southern California. By night, he indulges his other passion: predicting Apple Inc's results. Factory orders up, business spending rises 03.02.12 19:56 WASHINGTON (Reuters) - New orders for U.S. factory-made products posted a second straight monthly rise in December and business capital spending also picked up, a government report on Friday showed. Nasdaq core profit tops expectations 03.02.12 23:32 (Reuters) - Nasdaq OMX Group Inc's core profit topped analysts' expectations for the fourth quarter, boosted by a rise in revenue from market data and technology, which helped offset a soft trading environment. Stanford had secret fund for bribes, yacht: witness 03.02.12 23:35 HOUSTON (Reuters) - Texas financier Allen Stanford drew on a secret Swiss bank account for personal expenses such as yacht maintenance and to pay bribes, the government's top witness said at Stanford's fraud trial on Friday. A sobering look at Facebook 03.02.12 22:15 SAN FRANCISCO (Reuters) - It's the year's hottest initial public offering, but some wealth managers find themselves having a hard time recommending Facebook to their clients. Central bank liquidity tap to stay open 03.02.12 16:10 LONDON (Reuters) - After a blockbuster January for both equities and bonds - rallies that caught many in the market by surprise - investors will be paying keen attention to the world's central banks in the coming week for signs of continued easy money.