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Moneywatch: Jobs added to economy, wages only up 4 cents

By Clip Syndicate
The latest financial headlines from Channel3000.com.

http://eplayer.clipsyndicate.com/view/12487/7289751 Video: Moneywatch: Jobs added to economy, wages only up 4 cents
The latest financial headlines from Channel3000.com.
http://chic.clipsyndicate.com/video/playlist/12487/7289751?cpt=8&wpid=2637 Mon, 12 Mar 2018 09:51:16 +0000 Moneywatch: Jobs added to economy, wages only up 4 cents The latest financial headlines from Channel3000.com. http://chic.clipsyndicate.com/video/playlist/12487/7289751?cpt=8&wpid=2637 WISC bon ton is set to release its quarterly earnings today on wall street. the milwaukee- based company owns department stores like boston store and younkers... and is in the process of shutting down more than 40 locations this year. for more of today's business news... here's lou young with moneywatch. the bureau of labor statistics says the u-s economy added 313-thousand new jobs, but wages rose only 4 cents an hour easing fears of inflation and pressure for an interest rate increase from the federal reserve. shares of netflix open at an all time high monday following reports that former president obama is in negotiations to produce a t-v series for the on-line streaming service. the new york times reports he and former first lady michelle are interested in a series of "inspiring stories." no comment from netflix but a senior obama advisor says the former first couple are xploring various ways to share their stories with the public. u-s allies, meanwhile, are lining up in opposition to president trump's new tariff on steel and aluminum imports. leaders from south korea, japan, italy and germany have all weighed in. german chancellor angela merkel says that if u-s allies are given exemptions the u-s can avoid a global trade war. and then there's this: a salad dressing bottle worth 35-thousand dollars. hidden valley has made two of these things for it's ranch dressing ostensibly in honor of the upcoming royal wedding of prince harry and meghan markle. one of the bottles is being shipped to london to be put on display, the other is being awarded to an on-line contest winner on march 19th. the cap is made up of 14 karat white gold, studded with diamonds and saphires. the ranch dressing is unchanged. that's your moneywatch report, for more visit cbs moneywatch.com . in new york, i'm lou young.





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