US hiring hits seven-year low amid sluggish pay raises
NABE survey shows only one-fifth of economists report workforce gains in the prior three months, down from one-third in July, with hiring, pay, and capital spending weak. Tariffs and weak demand weigh on profits as economists forecast slower growth through 2020. Constance Hunter of KPMG notes the economy appears to be slowing.
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Washington
U.S
National Association For Business Economics
Constance Hunter
NABE
KPMG
Trump
China
Seminole Hard Rock Hotel & Casino
Hollywood
Fla
Wilfredo Lee
Rising home prices squeeze small home goods firms
New York reports show rising housing costs dampening home sales and remodeling. Existing home sales fell 2.2 percent in September while new home sales rose 0.7 percent. Remodeling activity is forecast to decline into 2020, hurting small contractors and furniture dealers.
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New York
National Association of Realtors
Commerce Department
Harvard University
Joint Center For Housing Studies
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Rogelio V. Solis
AT&T reshapes board and divests amid activist pressure
AT&T plans to sell more units and add two directors after Elliott Management urged governance changes. The company aims to cut debt from the Time Warner deal while exploring strategic options including DirecTV. Randall Stephenson will remain as CEO through 2020 as HBO Max gears up for a 2020 launch.
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New York
At&t
Time Warner
Elliott Management
Elliott
Directv
At&t Inc
Randall Stephenson
Stephenson
Disney
Apple
Comcast
Netflix
At&t TV Now
Wall Street