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US nonfarm payrolls fall in July; unemployment rate eases to 4.1%

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By Lucia Mutikani WASHINGTON, Aug 7 (Reuters) - The U.S. economy unexpectedly shed jobs in July and nonfarm payrolls for the prior month were revised sharply lower, potentially raising questions about whether the Federal Reserve will increase interest rates next month. Nonfarm payrolls decreased by 23,000... Read More.

US futures extend gains after July nonfarm payrolls data

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Aug 7 (Reuters) - U.S. stock index futures extended gains on Friday after data showed the U.S. economy unexpectedly shed jobs in July, dampening expectations of an interest-rate hike in September. A Labor Department report showed nonfarm payrolls fell 23,000 in the month before, far... Read More.

Dream Finders to buy Beazer Homes in $2.2-billion deal

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Aug 7 (Reuters) - Dream Finders Homes said on Friday it would acquire peer Beazer Homes in an all-cash deal worth about $2.2 billion, including debt, as it looks to scale up and become the sixth-largest U.S. homebuilder in a challenging housing market. The acquisition... Read More.

Morning Bid: Dealjà vu

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By Anna Szymanski August 7 (Reuters) - Your weekly market recap, with reading, watching and listening recommendations from the ROI team From the Editor Tech earnings hogged the spotlight this week, as both SpaceX and chipmaker AMD failed to impress investors despite revenue beats, with concerns... Read More.
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