The August 2016 rate: 3.3 percent. Private industries with the most growth over the year were professional and business services, up 4,864; leisure and hospitality, up 3,805; and other services, up 2,116. Of the 14,200 jobs added last month, 9,700 were in the private sector. Nineteen states now have unemployment rates below the USA figure of 4.4 percent, including Arkansas, at 3.5 percent; Hawai... [Full Article...]
Economists had expected a weaker August sales report. Retail sales were up 3.2% on a year-over-year comparison. The increases were partly offset by notable declines in sales by non-store retailers, clothing and accessories stores and electronics and appliance stores. [Full Article...]
The hedge fund run by Arvind Sanger held 425,000 shares of the oil & gas production company at the end of 2016Q4, valued at $2.52M, up from 200,000 at the end of the previous reported quarter. Hilltop stated it has 0.13% of its portfolio in Amgen, Inc. It also reduced its holding in Validus Holdings Ltd (NYSE:VR) by 10,800 shares in the quarter, leaving it with 8,500 shares, and cut its stake in L... [Full Article...]
The eCanter is a relatively small urban delivery truck, but Daimler Trucks Asia chief Mark Llistosella says larger Class 7 electric trucks are coming and hints the company will show a larger electric truck at the Tokyo Motor Show next month. [Full Article...]
Four GOP senators - Steve Nass, Duey Stroebel, Chris Kapenga and Dave Craig - have refused to vote for the budget. They include prohibiting the University of Wisconsin System from spending $4 million on diversity training, allowing municipalities to impose wheel taxes only through referendums; repealing the state's prevailing wage on January 1 and increasing the income limit for participating in t... [Full Article...]
Baby Alexis weighed in at 6 lbs., 13 oz. "So we're leaving the hospital after six, seven days", said the proud Mom. "It's been a long time, but we had a lot of complications, but look who we got - we got a baby girl!" said Williams in one segment of the home movie as she left the hospital. [Full Article...]
As of this writing Bitcoin is trading at around $3500 down almost 10%. Earlier, BTCChina , one of the country's largest cryptocurrency exchanges, said it would stop all trading from September 30. "The overall share of Chinese exchanges has been diminishing steadily", said Thomas Glucksmann, marketing manager for the Hong Kong-based Bitcoin exchange Gatecoin. [Full Article...]
Immediate thoughts on this. "I want to stay loyal to them and not make any decisions without them first making their decisions". "You have no chance of winning the world championship if you are not receiving the best engines from whoever is manufacturing your engines", Ron Dennis said in 2014 on the eve of his team's partnership with Honda. [Full Article...]