From Reuters.com

Where in the world is Fuld?

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Since the Lehman collapse, former CEO Richard Fuld has been largely out of the public eye, although he has been spotted at “power lunch” restaurants in New York and was interviewed by a Reuters reporter in remote Ketchum, Idaho.

Graphic: Afghan blast

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Graphic: Rising sea levels

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Read more on the rising sea levels here.

The day ahead: Friday

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Looking for a sign the economy is turning around, investors keenly await the jobs number for August.

*  U.S. employers probably cut jobs by the smallest amount in a year in August, a sign of healing in the labor market, according to a Reuters survey.

PersonalFinance: College money management 101

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(Linda Stern is a freelance writer. Any opinions in the column are hers. You can follow Linda Stern’s financial notes on Twitter at http://www.twitter.com/lindastern )

By now, most incoming college freshmen have met their new roommates, spruced up their dorm rooms, and run out of ready cash. Going to college is expensive, and it’s not all about tuition bills. There are textbooks and highlighters and midnight snacks. And for most new college students, this is really the first time they’ve had to manage their own money and living expenses.

The day ahead: Thursday

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Back-to-school sales, weekly jobless data, and an ECB interest rate decision are among the highlights expected on Thursday.

*  The key back-to-school selling season comes into focus as many U.S. retailers, including Target, Gap and Macys, report monthly sales.

Following the smart money

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At least 20 of the 30 biggest hedge funds boosted their positions in financial institutions in the last quarter, a sign that Wall Street is ready to bet on more risky sectors in the hope of longer-term rewards.

The push into financials indicates fund managers including Steven Cohen and John Paulson — closely watched as barometers of risk — have shifted from routine merger arbitrage plays to directional bets with more reward potential.

The day ahead: Wednesday

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Ahead of Friday’s employment report investors will look to the ADP survey and Challenger report, as well as the FOMC minutes, for direction.

*  The ADP National Employment survey is expected to show private employers cut 250,000 jobs in August, down sharply from the 371,000 they shed in July. The Challenger report is also expected to be upbeat.

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