Ameera David on dollar store mergers & July job numbers
According to this month’s Bureau of Labor and Statistics report, US job growth slowed in July and the unemployment rate unexpectedly rose – pointing to slack in the labor market that could give the Federal Reserve room to keep interest rates low for a while. Erin takes a look.
Then, Erin is joined by RT correspondent Ameera David to discuss dollar stores – specifically regarding Dollar Tree’s plan to acquire competitor Family Dollar for $8.5 billion. It's a potential mega merger that could change the landscape of the deep discount retailer industry. If this deal comes to fruition, it could seriously shake up the mega market retail sector.
After the break, Erin brings you the “Best of the Best” of this past week including conversations with Bruce Schneier, Patrick Byrne, Axel Merk, Peter Schiff, Cate Long and Yanis Varoufakis.
And in our weekly Accrued Interest, Erin and Edward Harrison sift through viewer questions and comments. Keep them coming!
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