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Job Growth Slows in August

Job Growth Slows in August

The U.S. economy created less-than-expected jobs in August and unemployment rate edged higher from a 16-year low.According to a report released by the Bureau of Labor Statistics, the U.S. employers added 156,000 jobs in August and the unemployment r..

U.S. Jobless Claims Increased by 1,000 to 236,000

U.S. Jobless Claims Increased by 1,000 to 236,000

The number of Americans filing for unemployment benefits increased last week, but it still remains at a very low level and suggests a healthy labor market conditions.Initial claims for unemployment benefits increased by 1,000 to a seasonally adjuste..

How is the U.S. Stock Market in a Scenario of Low Inflation Rates?

How is the U.S. Stock Market in a Scenario of Low Inflation Rates?

Inflation is a monetary phenomenon characterized by too much money in the economy with too few goods and services. If you are asked what the current rate of inflation is in the United States, you will probably be wondering. You may think of a vague ..

La-Z-Boy Incorporated Down After Earnings Report

La-Z-Boy Incorporated Down After Earnings Report

La-Z-Boy Incorporated (NYSE: LZB) shares crashed more than 18% after the furniture company reported its operating results for the fiscal 2018 first quarter ended July 29, 2017. La-Z-Boy Incorporated manufactures, markets, imports, exports, distribut..

Yelp Shares Jump on Better-than-expected Earnings

Yelp Shares Jump on Better-than-expected Earnings

Yelp Inc. (NYSE: YELP) shares rose more than 27 percent on Friday after the company announced quarterly earnings that beat analysts’ estimates and to sell its online food-ordering business Eat 24 to GrubHub.Yelp agreed to sell Eat24 to GrubHub..

William Ackman to Take Stake in ADP

William Ackman to Take Stake in ADP

On Friday, billionaire investor William Ackman announced that he will be buying a large stake in Automatic Data Processing Inc.(NASDAQ:ADP),  a move that made the U.S. payroll company’s stock increase 16.5% to $120.In recent years, activi..

Thomson Reuters beats Q2 estimates

Thomson Reuters beats Q2 estimates

Thomson Reuters (NYSE: TRI) reported its second quarter earnings Tuesday morning and reported higher earnings than estimated due to demands for market data.The company reported second-quarter net earnings of $206 million, or 27 cents per share, comp..