US private sector lost 2.7M jobs in May

Private employers slashed 2.7 million jobs in May as the coronavirus-induced lockdown devastated the U.S. economy and labor market, according to the ADP National Employment Report released Wednesday.

Stocks fight for gains after Trump vows to quell rioting

U.S. equity markets fought for gains Tuesday after President Trump threatened to deploy the military to quell violence and looting in cities across America after the death of a black man in police custody in Minneapolis.

Sporting goods industry hit or miss during pandemic

The pandemic has had a devastating impact on retail as businesses across the country were forced to close their doors for weeks at a time. In the sporting goods industry, the impact has depended on the focus of the business.

Stocks jump for month as oil posts record gain

U.S. equity markets curbed the bulk of their losses Friday after President Trump announced a new wave of crackdown efforts on China, but stopped short of instituting new sanctions or upending the trade deal between the two countries.