Economy Briefs: Economy adds 163,000 jobs, but rate rises to 8.3 percent

While the markets must rely on computers, regulators and market officials must still try to reduce the chances of technical errors and limit their impact when they occur, she said.

Ms. Schapiro said some of the trading controls put in as a result of the May 6, 2010, “flash crash” helped to limit the impact of Knight’s error Wednesday.


Officials to visit Egyptfor talks on renewing aid

NEW YORK — Top officials from the International Monetary Fund will visit Cairo later this month to discuss restarting aid, the IMF announced Sunday.

The mission, led by the IMF’s Middle East and Central Asia chief Masood Ahmed, is expected to “resume discussions on possible financial support for a homegrown economic program,” the IMF said in a statement.

The fund “stands ready to support Egypt and work closely with the authorities,” it added.

Since late last year, the fund has been discussing with the country’s interim leadership a possible $3.2 billion loan with Cairo to help it bridge fiscal shortfalls while restructuring the economy and financial system.

• From wire dispatches and staff reports

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