US economy adds just 130000 jobs in August amid worries that trade war has sunk its teeth into hiring

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US economy adds just 130000 jobs in August amid worries that trade war has sunk its teeth into hiring

The U.S. economy added a disappointing 130,000 in August, the Labor Department said Friday, heightening fears that President Trump’s trade war is starting to bite and the U.S. economy is hitting a rough patch. Economists had predicted 160,000 job gains in …
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US Job Growth Misses Estimates in August With 130000 Increase

“The bottom line is that payroll growth is slowing and that is a worrying trend,” Torsten Slok, chief economist at Deutsche Bank said on Bloomberg
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New York announces antitrust investigation into Facebook, kicking off bipartisan effort

New York Attorney General Letitia James said Friday that her office is launching an antitrust investigation into Facebook, kicking off a bipartisan wave of independent state investigations targeting the company as well as Google’s parent company, Alphabet.
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Scrapping the IPO may be WeWork's best option

Delaying an initial public offering is demoralizing for employees, frustrating for fee-seeking bankers and lawyers, and disappointing for investors. It’s also probably what WeWork should do. WeWork — technically known as The We Company — is talking with …
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Billionaire Philip Green Sheds $3 Billion Amid British Retail Apocalypse

“The sun is clearly not shining on the British high street,” the chief economist of the U.K.’s top watchdog–the rather grand sounding Confederation of British Industry (CBI)–gave a clear weather warning on the dismal summer retail figures. But to look out the …
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