Apple unveils watch and iPhone 6 with Apple Pay
In Cupertino California Apple ends a two hour show with U2 encore Bono and band. Tim Cook touts the watch as the most personal device and announces Apple Pay with partners American Express MasterCard and Visa. The iPhone 6 debuts in 4.7 and 5.5 inch sizes with prices starting at 299 and 349 for the watch. The event streams live despite initial streaming issues.
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Home Depot confirms data breach across U S and Canada
Home Depot says its payment systems were hacked exposing millions of card holders. The breach spans over 2,000 stores in the United States and Canada and may be among the largest on record.
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Dollar strengthens as U.S. economy powers gains
The dollar climbs to a six year high against the yen and a fourteen month peak versus the euro as U.S. growth outpaces developed markets. A stronger greenback hints at cheaper imports but could squeeze American corporate profits as exports face higher prices abroad. Strong data from construction, manufacturing, and auto sales bolster the outlook.
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New York
U.S
Job openings near 13 year high as hiring accelerates
The July job openings count held near a 13 year peak at 4.673 million, down 2,000 from June which was the highest since Feb 2001. Hiring rose 81,000 to 4.87 million, the strongest since Dec 2007, signaling a slowly recovering job market though below pre recession averages.
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Washington
U.S
Labor Department
Trump Casinos File for Bankruptcy in Atlantic City
Trump Entertainment Resorts filed for bankruptcy in Wilmington Delaware and warned the Taj Mahal Casino Resort could close by November 13 without union salary concessions. The firm owns Trump Plaza, also closing soon, and faces liabilities between 100 million and 500 million with minimal assets.
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