U.S. GDP Upgraded to 4.2 Percent in Q2 Growth
The Commerce Department raises second quarter GDP to 4.2 percent from 4.0 percent, driven by stronger domestic demand and exports. Domestic demand rose 3.1 percent, the fastest since 2010, while inventories were revised down from 93.4 to 83.9 billion dollars.
MENTIONED IN THIS ARTICLE
U.S
Commerce Department
Reuters
Dollar General presses bid to buy Family Dollar Stores
Dollar General reiterates its plan to acquire Family Dollar, contending its offer is superior and more achievable than Dollar Tree. Family Dollar rejected a $9 billion bid as potentially anticompetitive and pursued a smaller Dollar Tree offer.
MENTIONED IN THIS ARTICLE
Dollar General
U.S
Family Dollar
Dollar Tree
Rick Dreiling
Arvada
Colo
Jobless claims fall for second straight week
The Labor Department reported initial claims for unemployment benefits declined to 298000 for the week ended Saturday with a 1000 drop. The four week average slipped to 299750 while continuing claims rose 25000 to 2530000, indicating steadier hiring and modest unemployment rate change.
MENTIONED IN THIS ARTICLE
Labor Department
Reuters
Commodities lineup for weekend market update
The Gazette presents Back to the Futures a weekend quick discussion of grain livestock gasoline prices and other topics. Readers are invited to visit the site for the full weekly briefing and market observations.
MENTIONED IN THIS ARTICLE
TheGazette.com
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