Dollar dips as investors watch White House drama

The U.S. dollar weakened across the board Friday, adding to losses scored the previous session following headlines about the deadly terror attack in Barcelona as well as continued turmoil surrounding the White House. In response, equities dropped, with the Dow Jones Industrial Average’s DJIA, -1.24%  sharpest fall in three months dragging the overall market sentiment down. On Thursday, the White House announced that its council on infrastructure has also been disbanded, making it the third advisory group composed of private-sector leaders to bite the dust in the wake of the president’s comments about violence that occurred at a white supremacist rally in Charlottesville, Va., last weekend.

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  'Defiant' Las Ramblas reopens as Barcelona unites in wake of terror attack

  The Telegraph
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  Barcelona terror attack and unravelling Trump administration knock FTSE 100; US stocks over worst of the sell-off

  The Telegraph

Wells Fargo's (NYSE: WFC) auditor KPMG comes under renewed scrutiny as scandals continue

Wells Fargo's longtime auditor, KPMG, is facing renewed scrutiny as the bank continues to struggle with new scandals and lawsuits that forced it to reshuffle its board and face frustrated investors. A new report from MarketWatch takes a close look at how much KPMG LLP, Wells Fargo's (NYSE: WFC) auditor for 85 years, knew about the banking practices that lead to the lawsuits that have kept the bank in turmoil for almost a year. The report says KPMG played a unique role, because "external auditors should serve as another line of defense" for investors by annually certifying that their financial statements are truthful — but did not inform shareholders that it knew about some of the consumer banking

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  Where was KPMG, Wells Fargo’s auditor, while the funny business was going on?

  MarketWatch
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  Weekend roundup: Wells Fargo and its auditor | The back-pain racket

  MarketWatch

Walmart Is Preparing Its Employees For the Day When Robots Take Over

Walmart Store Inc.'s (WMT) store of the future may appear to be scarily devoid of employees. In reality, humans will still work there, but expect to see more robots. In addition to Walmart starting to use 16-foot automated towers to distribute online orders, scan-and-go technology to replace cashiers and digital screens to answer customers' questions, it may eventually deploy robots to handle inventory. "One thing is for sure, employees will be in different roles," Greg Foran, president and CEO of Walmart, said in response to a question posed by TheStreet on Thursday, Aug. 17 during a media call. "Do I want to have a situation where in every Supercenter I've got a team of associates out in the