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Major jobs disappointment: America added only 235,000 jobs in August
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| America's jobs recovery hit a major roadblock in August, when the US economy added far fewer jobs than expected. Read more » |
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Here's why investors are shrugging off the lousy jobs report
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| The August jobs report was a massive disappointment, with Corporate America hiring far fewer people than expected. But investors largely shrugged off the weaker jobs gains. Read more » |
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Walmart giving more than 565,000 workers a raise
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| Here's another sign that workers are able to command more pay in this Covid-driven economy: Walmart, one of the nation's largest employers, is giving more than 565,000 workers a raise. Read more » |
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Coda to a massive scandal: Two Kraft executives charged in accounting scheme
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| Kraft Heinz and two of its former high-ranking executives settled charges with the Securities Exchange Commission, which found the company engaged in a "years-long accounting scheme" involving falsified supplier contracts. Read more » |
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There may be two ways to read Friday's jobs report
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| All eyes are on the US jobs report for August, due Friday, as the Federal Reserve weighs when to start pulling back support for the economy. Read more » |
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GM shutting down production at most of its plants in North America
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| General Motors will shut production at most of its North American plants for a week or two starting next week as the worsening chip shortage takes another bite out of its production plans. Read more » |
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