Private sector growth slows in October
ADP reports private sector payroll gain of about 182000 in October, down from 190000 in September. Moody's Zandi says gains remain broad based as energy and manufacturing pull the top line lower. Economists expect Friday's Labor Department data to show around 190000 jobs added. Unemployment expected near 5 percent. Fed may consider rate move in December.
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Washington
Automatic Data Processing Inc
ADP
Mark Zandi
Moody's Analytics
Labor Department
U.S
Federal Reserve
VW woes deepen as regulators urge quick disclosure
VW shares fell about 9.5 percent as the emissions scandal widened with U S sales halted on seven models. Regulators pressed VW to speed up its internal probe with the EU demanding full CO2 findings and potential fines.
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Lucia Caudet
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Fed hints December rate hike weigh on stocks and oils
U S stocks slid amid Fed chair Yellen remarks suggesting a December rate increase remains a live possibility. The dollar strengthened, oil fell, and energy shares along with Time Warner suffered losses while major indices trimmed gains. Investors eye October jobs data to gauge the outlook.
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New York
Federal Reserve
Janet Yellen
Fed
Yellen
U.S
Time Warner
Standard & Poor
Wendy's Q3 earnings beat estimates on strong revenue
Wendy's Co reports third quarter earnings of 7.6 million dollars or 3 cents per share with 9 cents per share on adjusted basis, and revenue of 464.6 million, beating nine analysts' 8 cent per share and 442.2 million revenue estimates. Stock up modestly for year.
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