CFO Solutions of Arizona LLC

10/05/2018

The unemployment rate fell two-tenths of a percentage point to 3.7 percent, the lowest since December 1969 and one-tenth of a percentage point below expectations.

10/05/2018

Job growth slumps in September, but the unemployment rate hits the lowest level since 1969 The unemployment rate fell two-tenths of a percentage point to 3.7 percent, the lowest level since December 1969 and one-tenth of a percentage point below expectations.Nonfarm payrolls rose just 134,000, well below estimates of 185,000 and the worst performance since last September, when a labor strike weighed on the numbers.The closely watched average hourly earnings component showed a 2.8 percent year-over-year increase, in line with Wall Street estimates.August's initial jobs count was revised up dramatically, from 201,000 to 270,000, while July's numbers came up as well, from 147,000 to 165,000. Source: US created 134,000 jobs in September, vs 185,000 expected

Job growth slumps in September, but the unemployment rate hits the lowest level since 1969 The unemployment rate fell two-tenths of a percentage point to 3.7 percent, the lowest level since Decembe…

09/12/2018

The median U.S. household earned $61,372 in 2017, a record level and a sizable jump from the prior year, the U.S. Census reported Wednesday.

09/12/2018

Middle-class income rose to a record level in 2017 as the strong economy lifted the fortunes of more Americans, the U.S. Census reported Wednesday.The median U.S. household earned $61,372 last year, meaning half of the families in the country brought in more income than this and half earned less.Crossing the $61,000 mark was important as it signals the American middle-class is earning a little more than it did in 1999, although the Census Bureau cautions median income is still not "statistically significant" from the late 1990s. [ 33 more words ]

Middle-class income rose to a record level in 2017 as the strong economy lifted the fortunes of more Americans, the U.S. Census reported Wednesday.The median U.S. household earned $61,372 last year…

07/26/2018

Facebook Inc. appears to finally be paying for the impact of fake news in the 2016 elections and user privacy concerns, with the stunning disclosure of a revenue deceleration in the second half of this year sending shares on a mind-blowing plunge Wednesday afternoon.During a conference call Wednesday, Facebook FB, -19.45% Chief Financial Officer David Wehner predicted bad news for the second half, and the company’s shares immediately began a drastic retreat in the extended session. [ 50 more words ]

Facebook Inc. appears to finally be paying for the impact of fake news in the 2016 elections and user privacy concerns, with the stunning disclosure of a revenue deceleration in the second half of …

06/14/2018

Ivanka Trump: Doting daughter posts intimate photo for Donald Trump’s birthdayIVANKA TRUMP is known to have a close relationship with her father, Donald Trump, notoriously referred to as “daddy’s girl” by the US president. As he celebrates his 72nd birthday today, his doting daughter shared an never-seen-before snap to Twitter. Source: Ivanka Trump: Donald Trump’s daughter shares intimate Twitter photo for father’s birthday | Life | Life & Style | Express.co.uk
http://cfo-dailyreport.com/ivanka-trump-donald-trumps-daughter-shares-intimate-twitter-photo-for-fathers-birthday-life-life-style-express-co-uk/

Ivanka Trump: Doting daughter posts intimate photo for Donald Trump’s birthdayIVANKA TRUMP is known to have a close relationship with her father, Donald Trump, notoriously referred to as “daddy’s g…

06/01/2018

WASHINGTON—The U.S. labor market was firing on all cylinders in May: the unemployment rate fell to an 18-year low, employers added jobs at a faster pace and wages modestly improved.The unemployment rate ticked down to a seasonally adjusted 3.8%, matching April 2000 as the lowest reading since 1969, the Labor Department said Friday. Nonfarm payrolls rose a seasonally adjusted 223,000 in May, a jump from gains from March and April. [ 31 more words ]

WASHINGTON—The U.S. labor market was firing on all cylinders in May: the unemployment rate fell to an 18-year low, employers added jobs at a faster pace and wages modestly improved.The unemployment…

05/31/2018

Sears Holdings said it plans to close another 72 stores it has deemed unprofitable, as the company continues to struggle with falling sales.

05/31/2018

Sears Holdings Corp. SHLD -9.50% said Thursday that it plans to close another 72 stores it has deemed unprofitable, as the company continues to struggle with falling sales.Sears has been closing hundreds of stores in recent years, selling brands and spinning off divisions to stay afloat as losses have mounted and as it struggles to keep its customers away from Walmart Inc., Amazon.com Inc. [ 34 more words ]
http://cfo-dailyreport.com/sears-is-closing-more-stores-as-sales-shrink-for-26th-quarter-in-a-row-wsj/

Sears Holdings Corp. SHLD -9.50% said Thursday that it plans to close another 72 stores it has deemed unprofitable, as the company continues to struggle with falling sales.Sears has been closing hu…

04/01/2018

The Saks Fifth Avenue and Lord & Taylor department-store chains have suffered a security breach that has compromised shoppers’ personal and financial information.Hackers claim to have stolen five million credit-card and debit-card records from the stores and have been releasing them for sale on dark web forums, according to a notice published Sunday by Gemini Advisory LLC, a New York-based cybersecurity firm.A spokesman for Hudson’s Bay Co. [ 43 more words ]

The Saks Fifth Avenue and Lord & Taylor department-store chains have suffered a security breach that has compromised shoppers’ personal and financial information.Hackers claim to have stolen fi…

03/09/2018

The economy added 313,000 jobs in February, crushing expectations, while the unemployment rate remained at 4.1 percent, according to a Labor Department report Friday that could help quell inflation fears.Economists surveyed by Reuters had been expecting nonfarm payroll growth of 200,000 and the unemployment rate to decline one-tenth of a percent to 4 percent.An increase in the labor force participation rate to its highest level since September 2017 helped keep the headline unemployment number steady, as the number of those counted as not in the workforce tumbled by 653,000 to just over 95 million.The total counted as "employed" in the household survey surged by 785,000 to a record 155.2 million. Source: Nonfarm payrolls increase by 313,000 in February vs. 200,000 est.

The economy added 313,000 jobs in February, crushing expectations, while the unemployment rate remained at 4.1 percent, according to a Labor Department report Friday that could help quell inflation…