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Jobs Report Today: Employment Data to Give Investors Clues on Fed Moves — Live Updates WSJU.S. economy unexpectedly lost 23,000 jobs in July CNBCWhat to expect from today's jobs report CNNJobs Report Live Updates: U.S. Job Market Shows Unexpected Loss The New York TimesUS economy unexpectedly shed jobs in July Fox Business
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Stock Market Today: Dow, S&P 500 and Nasdaq point to a steady start ahead of jobs data; oil rises with gold and silver also climbing MarketWatchJuly jobs report, Airbnb earnings, fuel prices and more in Morning Squawk CNBCStock Market Today: Dow Rises Ahead Of Pivotal Jobs Report; AI Stock Cloudflare Soars On Earnings (Live Coverage) Investor's Business DailyS&P 500, Dow futures muted ahead of jobs data; chips, software
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The labor market weakened in July, as myriad headwinds weigh on the economy, but the unemployment rate ticked down to 4.1 percent.
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JPMorgan strategists say some big hedge-fund groups took heavy hits in the July tech selloff, and they may be buying far less of those stocks going forward.
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Coca-Cola said demand for its drinks rose in every market in the second quarter, helped in part by the World Cup.
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Auto lenders and dealerships should not ignore car buyers with lower credit scores, Armando Hidalgo, director of servicing at SameDay Auto Finance, said in a panel discussion at the Auto Finance Summit this month in Las Vegas.
With many of those consumers "now needing credit, it is a good opportunity for us to capture some of that market," Hidalgo said. It is "also a good opportunity for borrowers to reestablish themselves."
Auto lenders can manage the risks of customers with lower credit scores by informing those consumers ahead of time and by keeping in touch with them often, Hidalgo said.
"It is up to us to make sure that we put them in the right path of success," he added.
Have a good auto finance and insurance tip to share? Email Automotive News F&I reporters John Huetter at john.huetter@crain.com and Paige Hodder at paige.hodder@crain.com. See more F&I tips at autonews.com/topic/fi-tips.
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