Nightly Business Report — September 3, 2015

Tonight on Nightly Business Report, will tomorrow’s employment report determine whether the Federal Reserve does something it hasn’t done in nearly a decade? And, why your portfolio of investments may not be as diversified as you think.


Today’s hot stock: BGS, GIS, LE, JOY, VZ & RCL.

Mark Edward Atkinson | Tracey Lee | Getty Images

A federal ruling that broadens the definition of “employer” to include subcontractors has huge implications for franchise operations. The National Labor Relations Board last week concluded that a sanitation company, Browning-Ferris Industries, and a subcontractor are joint employers of workers. Read MoreNLRB ruling redefining ’employer’ could have big impact “Without any congressional or court action …

Tim Boyle | Bloomberg | Getty Images
An employee gives a customer her food order inside a McDonald's restaurant in Oak Brook, Ill.

Friday’s much-anticipated jobs report could be the final piece of the Federal Reserve puzzle for raising interest rates. Should the number come in considerably above expectations of about 220,000, many market participants believe the U.S. central bank will vote to raise interest rates for the first time in more than nine years. To whatever extent …


Considering the stock market’s wild swings over the last two weeks, some investors may be a bit queasy. Those who are newly retired or near retirement may be tempted to cash out of stocks or adjust their portfolio so that it is mostly invested in bonds. That could be a big mistake. That’s one of …

Stephanie Dhue | CNBC
University of Georgia students can study or relax at the infinity pool at "The Standard" off-campus housing

On a Wednesday afternoon, in a luxury apartment building called “The Standard,” which would fit right into any major metropolitan downtown, sunbathers line the edges of the rooftop’s infinity pool. Sweat flies in the bright fitness center as loud pops emanate from the racquetball court, and a young woman at the concierge desk phones upstairs …

Uber hits legal speed bump

The stage is set for a legal showdown over Uber drivers and the outcome could have a wide-ranging impact on the sharing economy.

Opportunity in transports?

Does the selloff in transport stocks provide an opportunity for investors?

Beige book bounce

The Federal Reserve says the U.S. economy is continuing to expand. Is this the groundwork the Fed needs to raise interest rates?


Tonight: Recent swings in the market have some retirement investors worried that one of the most popular type of funds may be missing the mark. We’ll tell you everything you need to know.

Nightly Business Report — September 2, 2015

Tonight on Nightly Business Report, recent swings in the market have some retirement investors worried that one of the most popular type of funds may be missing the mark. We’ll tell you everything you need to know.


Today’s hot stocks: DWA, NAV, VRX, SURG, AMGN, LCI, PM & PLNT.

Getty Images

Worries about China’s slowing economic growth continue to make markets around the world jittery. But most financial advisors are telling clients to keep their allocations for international stocks and some are even going on a shopping spree. “We feel that the valuations remain attractive both in developed and especially in emerging market equities, and believe …


Millennials may be more savvy than other generations on social media, but they have a lot to learn when it comes to credit cards. Nearly half of millennials, people ages 18 to 34, have recently applied for a credit card because of an advertisement or a promotion, according to a new survey from NerdWallet, which …

Mark Ralston | AFP | Getty Images
Heavy traffic clogs the 101 Freeway as people leave for the Labor Day holiday in Los Angeles on Aug. 29, 2014.

Labor Day is historically one of America’s busiest driving holidays, but this year it’s likely to be remembered for being one of the cheapest. With gas prices continuing to move lower, the national average for a gallon of gas this Labor Day is expected to fall to $2.44, marking the lowest price at the pump …