3 Sectors Took a Nosedive in Latest Jobs Report

So much for high expectations. Economists had estimated that 185,000 jobs would be added in May. Instead, numbers out today show that only 75,000 positions were added. And those only made up for the 75,000 job downward revision for March and April. “Even if the labor market and overall growth are just downshifting for cyclical […]

Levi Strauss IPO Prices Well Above Range for a $6.6 Billion Valuation

There’s a new, yet very old kid, on the trading block. Levi Strauss & Co, the 166-year-old jeans maker from San Francisco, said late Wednesday that shares in its initial public offering were priced at $17, above the $14 to $16 range the company had estimated in its updated prospectus last week. That gave Levi’s […]