August jobs report points to slowing economy, Fed rate cut
U.S. job growth slowed more than expected in August, reflecting the U.S. trade war with China and raising expectations for a Federal Reserve rate cut this month.
U.S. job growth slowed more than expected in August, reflecting the U.S. trade war with China and raising expectations for a Federal Reserve rate cut this month.
Wall Street eked out gains on Friday and the dollar lost ground as a weaker-than-expected U.S. jobs report tempered investor sentiment on the heels of China's announced economic stimulus plan.
U.S. stocks treaded water on Friday as underwhelming jobs data rounded off a week of mixed economic signals about the domestic economy, while a new stimulus plan from China helped ease some concerns around global growth.
Swiss drugmaker Roche sees sales rising in the longer term from medicines in its own pipeline, Chief Executive Severin Schwan told Reuters on Friday, adding he does not want or need to do takeovers to mitigate looming patent losses.
The U.S. Justice Department is investigating whether the decision of four automakers in July to reach a voluntary agreement with California to adopt state emissions standards violated antitrust law, people briefed on the matter said on Friday.
A bipartisan group of state attorneys general will announce on Monday an investigation into large tech companies, like Facebook and Google, for potential violations of antitrust law, Texas Attorney General Ken Paxton's announced on Friday.
The top lawyers at the Environmental Protection Agency and Transportation Department told the California Air Resources Board Friday that the state's actions in connection with a voluntary emissions deal with four automakers "appear to be unlawful and invalid."
Qualcomm Inc promised on Friday to bring 5G mobile phones to the masses with a high-end modem and said its chips would also power mid-price devices hitting the market next year.
While down rounds aren’t the end of the world, they do present a challenge for startup teams. Continue reading
"WeStrive provides a SaaS platform for personal trainers to build, operate, and grow their business from our website and mobile app. Trainers can work privately with clients or sell fitness programs through our mobile marketplace. The marketplace programs can be purchased by exercisers around the world. The WeStrive App allows them to buy any fitness [...]
The post WeStrive on Wefunder appeared first on Crowditz.
"We develop and distribute cutting edge micro-baking technology in the form of a unique vending machine that can be easily set up in a variety of high-traffic locations. The machine quickly delivers warm, fresh-baked products using French artisan recipes. Target markets include universities, corporate offices, hospitals, hotels, transportation hubs, and retailers who are looking to [...]
The post Le Bread Xpress on Wefunder appeared first on Crowditz.
Health-care costs are so high that young people are ditching the doctor altogether, according to recent data from the Nationwide Retirement Institute. Here are some of the drastic steps they're taking to save.
"Loop is creating a new global platform for families to communicate & stay connected through its seamless software and hardware solution"
The post Loop on SeedInvest appeared first on Crowditz.
"The Breakfast Klub has already built an incredibly successful business serving its local community. By expanding beyond the limitations of their physical location, they plan to expand that community throughout Houston and the broader region. Recently celebrating 18 years of operation, the restaurant has won the hearts of Houstonians, sustaining its impressive level of success [...]
The post TBK Food Trucks on NextSeed appeared first on Crowditz.
U.S. stocks edged higher on Friday as a new Chinese stimulus plan helped ease some concerns around global growth, while investors digested underwhelming jobs data that rounded off a week of mixed economic signals.