In today’s edition of Rob Black’s Winners and Losers, our financial expert Rob Black and KRON4’s James Fletcher talk about the labor market, Buffalo Wild Wings, and Yelp.

Rob also answers the viewer question, “What is the best credit card with no interest?”

Here are today’s Winners and Losers: 

Winner:  U.S. jobless claims decline for first time in three weeks . . . Layoffs in the U.S., fell by 6,000 to 213,000 in the week ended Aug. 4. That was below the 217,000 and the first decline in three weeks. Until recently claims haven’t been this low since the early 1970s. Claims continue to trend lower, signaling the labor market is strong enough to keep the unemployment rate trending down. The unemployment rate fell to 3.9% in July, nearly a two-decade low.

Winner:  Buffalo Wild Wings wants to add sports betting to its menu . . .. Buffalo Wild Wings is looking to become your one stop shop for beer, wings, sports and sports betting.   A May ruling by the Supreme Court lifted a federal law that had restricted legal betting.   B-Dubs, which operates locations in all 50 states, will likely need to partner with a group that is already offering sports betting, since licensing requirements vary state by state.   As the largest sports bar in America, Buffalo Wild Wings is uniquely positioned to leverage sports gaming to enhance the restaurant experience for our guests.

Winner: Yelp sees welcome boost in new accounts . . . Yelp Inc. saw a big jump in new accounts, helping its second-quarter ad revenue, thanks to its switch offering customers no-term ad deals, but the move also makes for more inconsistent revenue predictions.  Yelp stock is up 26%  today after it reported a better-than-expected second quarter, with a nearly 12% gain in total revenue.

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