Fed gets no excuse in July jobs data: Economists
The solid jobs growth for last month gives the Fed little reason not to raise interest rates next months, market watchers told CNBC Friday.
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Dow falls 100 points as Street digests jobs; biotech weighs on Nasdaq
U.S. stocks traded lower as investors digested the July employment report that supported the case for a rate hike as early as September.
Whole Foods overpricing led to securities fraud -U.S. lawsuit
A Whole Foods Market Inc shareholder has accused the grocer in a lawsuit of committing securities fraud by concealing its overcharging of New York City customers, leading to bad publicity that hurt sales and drove its share price down. In a complaint filed on Thursday in federal court in Austin, Texas, the plaintiff Yochanan Markman said Whole Foods knew or recklessly disregarded that it routinely overstated the weight of pre-packaged
Fed move could add pain to emerging-markets hangover
The unrelenting stress on emerging economies has prompted questions about whether Fed Chair Janet Yellen will be more hesitant to boost rates, even with a firm U.S. job market.
Fed move could add pain to emerging-markets hangover
The unrelenting stress on emerging economies has prompted questions about whether Fed Chair Janet Yellen will be more hesitant to boost rates, even with a firm U.S. job market.
Apple helps push U.S. watch sales to biggest drop in seven years
U.S. watch sales fell the most in seven years in June, one of the first signs Apple Inc.’s watch is eroding demand for traditional timepieces. The 14 percent decline in unit sales was the largest since 2008, according to Fred Levin, head of the market researcher’s luxury division. “The Apple Watch is going to gain a significant amount of penetration,” he said Thursday in a phone interview.
Fed move could add pain to emerging-markets hangover
The unrelenting stress on emerging economies has prompted questions about whether Fed Chair Janet Yellen will be more hesitant to boost rates, even with a firm U.S. job market.
Apple helps push U.S. watch sales to biggest drop in seven years
U.S. watch sales fell the most in seven years in June, one of the first signs Apple Inc.’s watch is eroding demand for traditional timepieces. The 14 percent decline in unit sales was the largest since 2008, according to Fred Levin, head of the market researcher’s luxury division. “The Apple Watch is going to gain a significant amount of penetration,” he said Thursday in a phone interview.
Apple helps push U.S. watch sales to biggest drop in seven years
U.S. watch sales fell the most in seven years in June, one of the first signs Apple Inc.’s watch is eroding demand for traditional timepieces. The 14 percent decline in unit sales was the largest since 2008, according to Fred Levin, head of the market researcher’s luxury division. “The Apple Watch is going to gain a significant amount of penetration,” he said Thursday in a phone interview.
Dow falls 100 points as oil slides; biotech weighs on Nasdaq
U.S. stocks traded lower as declines in oil weighed amid the July employment report that supported the case for a rate hike as early as September.