ADP Employment Data Misses Expectations, Verizon to Acquire Frontier, Nvidia Responds to Antitrust Claims

Reported about 1 month ago

ADP's labor data showed only 99,000 new jobs in August, falling short of the expected 145,000, impacting predictions for potential Fed interest rate cuts. Verizon announced plans to acquire Frontier Communications for $20 billion, set to finalize in 18 months. Meanwhile, Nvidia denied reports about being subpoenaed by the DOJ regarding antitrust concerns.

Source: YAHOO

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