Major jobs disappointment: America added only 235,000 jobs in August

America's jobs recovery hit a major roadblock in August, when the US economy added far fewer jobs than expected.
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Major jobs disappointment: America added only 235,000 jobs in August
America's jobs recovery hit a major roadblock in August, when the US economy added far fewer jobs than expected. Read more »
 
Here's why investors are shrugging off the lousy jobs report
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 »
 
Walmart giving more than 565,000 workers a raise
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 »
 
Coda to a massive scandal: Two Kraft executives charged in accounting scheme
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 »
 
There may be two ways to read Friday's jobs report
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 »
 
GM shutting down production at most of its plants in North America
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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