The Federal Reserve's annual Jackson Hole Symposium begins later this week, taking place from August 24-26. This gathering of central bankers has taken place annually since 1978 and tends to be closely watched by markets. (LPL Research)
Macy's has named eBay executive Hal Lawton as its new president. He will report to CEO Jeff Gennette. Lawton will join Macy's on September 8th. Macy's is restructuring its management ranks, cutting about 100 jobs. (CNBC)
The U.S., Mexico, and Canada have completed the opening round of renegotiations of the North American Free Trade Agreement. However, tensions remain over certain areas, including the cars, signaling tough bargaining ahead. (WSJ)
Former General Electric chairman Jeff Immelt has become the front-runner candidate to become CEO of car-hailing company Uber. (Recode)
Goldman Sachs has received approval for a license to trade stocks in Saudi Arabia. The Saudi government eased restrictions last year on foreign ownership in its stock market. (CNBC)
With Northwest Quadrant Wealth Management, a Registered Investment Advisor I am Troy Reinhart.