Auto sales have slumped in the U.S. lately. But luxury brands Ferrari and Jaguar, owned by India's Tata, are holding up well. Lincoln and Cadillac posted sales increases too -- even as overall sales for Ford and GM fell.
Walmart is downsizing at some of its West Coast stores. The company said it's cutting about 7,000 positions, mostly back office positions that handle bookkeeping and invoicing.
The last time Hillary Clinton held a formal press conference, David Bowie was alive, Bernie Sanders was on the cover of Rolling Stone and not a single American had cast a vote in either the Democratic or Republican primaries.
Hollywood entered the summer with its usual high hopes for big-budget sequels. Instead, it was a season of mediocre movies and tepid box office results. And with studios locked in on the current formula, the next few summers won't look much different than this one.
A range of reasons makes August the worst month for job gains on the first estimate. And this jobs report is particularly important for the Federal Reserve.