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The Kardashian Jenners will create new global content under a multi-year deal, to stream exclusively on Hulu in the U.S. and in multiple territories on Star internationally. pic.twitter.com/Dke17Gfvrd— Hulu (@hulu) December 10, 2020 246

The job market keeps pumping out jobs.The unemployment rate fell to 3.9 percent and the economy added 157,000 jobs in July, the Labor Department said Friday.But workers' average hourly paychecks grew tepidly from the previous month and are up just 2.7 percent compared to the same time last year. During previous expansions, wages have grown at a faster pace. Economists' maintain that wages will rise as economy drains remaining slack from the labor market and businesses' pay more to retain workers.Related: How the US economoy is doing now in four charts"With inflation running at a roughly 2 percent rate, that means that there's not a lot of financial wiggle room for many Americans," said Mark Hamrick, Bankrate.com's senior economic analyst. Economists will get another update on inflation next week when consumer and producer price indexes' are released.A quirk in the calendar may explain why average hourly wages inched up only 7 cents from June to July, explained Josh Wright, chief economist at software firm iCIMS: The Labor Department surveys employers at a different time than when companies pay their workers.On the bright side, the hiring spree has continued as the economy marches along. The economy grew at 4.1 percent during the second quarter, its fastest place in nearly four years.Related: US economy grows at fastest paces since 2014In a statement on Wednesday, the Federal Reserve described a healthy picture of the US economy."Job gains have been strong, on average, in recent months, and the unemployment rate has stayed low," the Fed said. "Household spending and business fixed investment have grown strongly."Although the July hiring number fell below economists' expectations, the government revised the previous months' job gains by an additional 59,000. With revisions, job gains have averaged 224,000 a month over the past three months.So far this year, job growth has averaged 215,000 per month, above last year's pace of 182,000, noted PNC chief economist Gus Faucher.Last month, the manufacturing sector added 37,000 jobs. Economists were watching manufacturing closely for signs of a drag from the Trump administration's escalation of trade tensions with China and allies."It appears to be that the strength of fiscal stimulus measures are outweighing any kind of effect of trade tensions," said Wright from iCIMS.The retail sector also added 7,000 jobs, despite 32,000 jobs lost in sporting goods, hobby, book, music and toy stores.Despite many businesses' trouble finding qualified workers, they are still hiring and looking outside traditional pools for talent.That's good news for workers without a high school degree and those without a college degree. The unemployment rate ticked down for both groups last month."This is not a labor market in which you're going to get your wish list candidate," Wright said. "The question is, 'Can you hire someone who's good enough?'"The-CNN-Wire 2934

The other shoe has dropped for struggling sneaker company Under Armour.Under Armour reported quarterly sales Tuesday that fell nearly 5% from a year ago, missing forecasts badly. The company also lowered its outlook for the year again.That news sent the company's two classes of stock down more than 15% Tuesday. They had already lost nearly half their value for the year ahead of the earnings report. (Under Armour's UAA shares have voting rights while the UA shares do not.)CEO Kevin Plank said in the earnings release that the biggest problem is lower demand for its shoes and athletic apparel in its home market of the United States.The Baltimore-based company has been growing internationally, with sales surging in Europe, Latin America and Asia during the quarter.But those markets are still relatively tiny for Under Armour. Revenue in North America makes up more than three-quarters of its overall sales -- and those sales plunged 12% in the third quarter.It's a stunning fall from grace for Under Armour, which not that long ago was gaining market share at the expense of Nike and Adidas.The company signed Golden State Warriors star Steph Curry a few years ago, a move that seemed like a slam dunk success, since Curry has gone on to win multiple NBA MVP awards and two championships.But several iterations of the Curry shoes have routinely been mocked on social media for not looking cool. Even Curry's teammate Kevin Durant, who endorses Nike, poked fun at Under Armour earlier this year.Making matters worse, there have been reports of supply chain issues with the new Curry 4 line of sneakers. And Under Armour confirmed during its conference call with analysts Tuesday that it will delay some products to the fourth quarter.Under Armour also suffered from bad PR earlier this year after Plank agreed to join the White House's now defunct manufacturing council. Plank said in an interview with CNBC that "a pro-business president is something that is a real asset for the country."Curry told The Mercury News that he agreed with Plank -- but only "if you remove the 'et' from asset." Other professional athletes have been vocal about their disagreements with Trump as well.As such, Plank -- like many other CEOs -- has distanced himself from Trump lately.After Trump was reluctant to criticize neo-Nazis at a white supremacist rally, he then bashed Curry for not wanting to visit the White House and attacked athletes who protested the national anthem. Under Armour has come to the defense of its star endorsers.But that hasn't been enough to rejuvenate Under Armour's flagging sales or stock price.Meanwhile, Adidas has thrived in the past year while Under Armour and Nike have both struggled. Even Skechers has enjoyed a resurgence lately.So what can Under Armour do to get back on track? Neil Saunders, managing director of the research firm GlobalData Retail, wrote in a report that the company should continue to focus on expanding globally, which has been successful for Under Armour.But Saunders added that the company has to do more to court women as consumers, as Nike, Adidas and yoga apparel king Lululemon have successfully done."Under Armour is not so broken that it cannot be fixed. But the days of glory, when it would post double-digit uplifts in sales, are over. Now is the time to work out, slim down, and become more competitive," Saunders wrote.  3394

The NHL announced plans on Monday to resume play on August 1 with training camp slated to get underway next week.Currently, the NHL is in “Phase 2” of its reopening plan, which allows players to practice on a voluntary basis at team facilities. On July 13, full-team practices will be held at team practice facilities or arenas.On July 26, teams will travel to two hub cities in advance of a 24-team tournament slated to begin August 1. The CBC and Sportsnet both report that Toronto and Edmonton will serve as the two “hub cities” for resumption of play. The cities will likely be chosen as coronavirus cases are declining in Canada while increasing in the United States.Sixteen of the NHL’s 24 teams will participate in a qualifying round for this year’s Stanley Cup Playoffs. During the qualifying round, the top eight teams will play three games a piece for seeding purposes.Also on Monday, the league announced that 23 players tested positive for the coronavirus. The 23 players who tested positive are in addition to 12 players who previously tested positive in early June when the league began “Phase 1” of its reopening plan. All told, the league has had 35 players test positive.So far, the league has administered a total of 2,900 tests, with 396 having been tested so far.The league suspended play in mid-March in an effort to help stop the spread of the virus. The league left off as most teams played roughly 70 games of an 82-game schedule. 1462

The New York Post is using Friday's cover to send a message to President Trump following the school shooting that took place in Parkland, Florida, on Wednesday. The message? "Please act."The newspaper's front cover on Friday used the headline "Mr. President, please act" along with a photo of two women crying. Under the Post's headline it reads, "The Post says: We need sensible gun control to help stop the slaughter."The front page stirred conversation on social media as soon as it was tweeted on Thursday night. Some users showed surprise that it was the Post -- which is owned by Rupert Murdoch -- that published the cover rather than its cross-town rival, the New York Daily News, which has in the past used its front page to take a stance on gun control.Tomorrow’s cover: Mr. President, it’s time to do something about guns https://t.co/OmSO1GhPPY pic.twitter.com/cYnS3pfdM3— New York Post (@nypost) February 16, 2018 933