Employment Report News
ADP Employment Report: 191K Jobs Added
Economists say the number comes in a little below expectations.
Dollar General (DG) Ups Offer in Battle for Family Dollar (FDO)
Morning Money Memo: It’s the battle of the dollar stores. Dollar General has boosted its bid for smaller rival Family Dollar, offering $80 a share in a deal that would be worth more than $9 billion. Family Dollar rejected an earlier bid from the firm...
Dollar Tree Buying Family Dollar
Morning Money Memo… It’s merger Monday and today’s big deal is in the retail industry. Dollar Tree is buying rival discount store Family Dollar for about $8.5 billion. Among the big winners is billionaire investor Carl Icahn, who announced last month that he had purchased...
June Unemployment Rate Drops
Morning Money Memo… The jobs market is heating up with a stronger than expected June employment report today from the Labor Department. The U.S. economy added 288,000 jobs and the unemployment rate dropped from 6.3 percent to 6.1 percent. June was the fifth month in...
Hiring Pace Remains Strong in May Jobs Report
Morning Money Memo… The jobs market appears to be getting stronger and the US economy may be revving up. Employers hired at a healthy pace in May for a fourth straight month, fueling hopes of accelerating growth after a grim start for the year. The...
Starbucks' Sales Growth Feeding Off 'Secret Menu'
Morning Money Memo: Starbucks’ use of a “secret menu” to create buzz among young consumers is working. While McDonald’s and Dunkin’ Brands – its leading competitors in the quick-serve industry – struggle with flat sales, Starbucks continues to innovate and prosper. Sales at restaurants open...
Staples Will Close Hundreds of Stores
Morning Money Memo… One day after RadioShack revealed it will close 1,100 stores, Staples has announced a big cost-cutting drive. The office supply retailer will shut 225 stores by the end of next year in a bid to make annual savings of $500 million. The...
From an Online Gym to the Hits and Misses of Super Bowl
Hello and welcome to real I'm Rebecca Jarvis here in New York City here's what's happening right now is the morning after the Super Bowl blowout. And hits and misses keep coming up plus a start up here to help folks not follow up their New Year's resolutions in the fitness bandwagon. And the like
Shoppers Pull Back for Black Friday, Cyber Monday
Morning Money Memo… Are many shoppers becoming immune to marketing circulars and hype surrounding Black Friday and Cyber Monday? Walmart launched many of its Black Friday discounts early, and many retailers have declared today the start of Cyber Week. It’s not just Monday any more....