slowed more than expected in August. The firm said private employers added 177,000 jobs this month, fewer than the 200,000 economists surveyed by Dow Jones predicted and well below the revised total of 371,000 added in July. Those numbers come ahead of the Department of Labor's jobs report, which is due Friday. Also on Wednesday,was revised lower.
Gross domestic product increased at a 2.1% annualized rate last quarter, the government said in its second estimate of GDP for the April-June period. While still solid, that was revised down from the 2.4% pace reported last month.Walmart is hosting its first seller summit businesses that are part of its third-party marketplace. The two-day event includes how-to sessions and remarks by the retailer's top leaders.