Welcome to Magna Capital Group, Inc
Magna Capital Group, Inc is a full service real estate and financial services company. We provide specialized services to our clients in the areas of sales and financing of residential and commercial properties. Through our global network of relationships, we identify and implement a wide range of financial transactions. Magna Capital Group, Inc is comprised of dynamic professionals with vast experience and knowledge. The principal of the company has over 30 years of experience in the industry. Our mission is to treat our valued clients with honesty, fairness, and a first class service.
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|U.S. job growth cools, unemployment rate rises|
By Lucia Mutikani WASHINGTON (Reuters) - U.S. job growth slowed a bit in July and the unemployment rate unexpectedly rose, pointing to slack in the labor market that could give the Federal Reserve room to keep interest rates low for a while. Nonfarm payrolls increased 209,000 last month after surging by 298,000 in June, the Labor Department said on Friday. Although job growth was below expectations, July marked the sixth straight month employment expanded by more than 200,000, a signal of strength last seen in 1997. The one tenth of a percentage point increase in the unemployment rate to 6.2 percent came as more people entered the labor market, an indication of confidence in job prospects.