US stock futures (^DJI, ^IXIC, ^GSPC) are reacting to the August jobs report, which saw 142,000 nonfarm payroll jobs added to the labor market, below economist expectations of 165,000. The unemployment rate was in line with US Bureau of Labor Statistics estimates, falling to 4.2% from 4.3% in July.
The Federal Reserve is digesting August’s labor print as officials enter their “blackout period” ahead of the central bank’s September meeting in two weeks.
Shares of chipmaker Broadcom (AVGO) tumble further as the stock trades in negative territory in extended hours over its disappointing revenue guidance for the fiscal fourth quarter.
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This post was written by Luke Carberry Mogan.
Ohio-based discount chain Big Lots announced a new deal with private equity firm Gordon Brothers Retail Partners on Friday that would save hundreds of stores an
After announcing all its stores would close and a bankruptcy claim, Big Lots has struck a deal that appears to save about half of its stores.Big Lots made a sal
Big Lots! will live to see another day of reduced overstock. The discount retail chain was all set to close its stores, but o