The Department of Labor says the US economy added 137,000 jobs in September. The unemployment rate stands at 3.7%, lowest level since December 1969.
Dutch Bros Coffee will add 500 more coffee stands over the next five years, with funds gained after selling a minority stake two private equity firm. Founded in Grants Pass in 1992, Dutch Bros now has 300 locations in seven states. (Oregonian)
When I was younger they were the leader of the pack. Now they are a penny stock. Sears share price fell below $1 for the first time in the company’s history. Sears has lost $11.7 billion since 2010, its last profitable year, and sales have plunged 60% in that time. It has fewer than 900 stores, down from a combined 3,500 US stores when Sears and Kmart merged in 2005. (Money)
The fast food chain Burgerville has discovered they are part of a security data breach. Customers using a debit or charge card between September 2017 and 2018 are at risk. The company first learned of the data breach on August 22 from the FBI. (AP)
Join us this weekend for Financial Focus when we will discuss “why is my account trailing in the markets?”
S&P 500 is up 0 and the NASDAQ is down 14. MSCI International index is lower.
Oil is up 30 cents at $74.61 a barrel.
Gold is up $5 at $1207 a Troy ounce.
With Northwest Quadrant Wealth Management, a Registered Investment Advisor I am Troy Reinhart.