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MONEY NEWS FROM THE ASSOCIATED PRESS

Money

  • How major US stock indexes fared Monday

    U.S. stocks shrugged off early losses and wound up with a mixed finish Monday. Household goods companies took some of the worst losses as the S&P 500 index fell for the third time in four days. On Monday: The S&P 500 index lost 5.91 points, or 0.2 percent, to 2,773.75. The Dow Jones industrial average […]
  • Business Highlights

    ___ Experts say auto tariffs would raise prices, cost jobs DETROIT (AP) — If President Donald Trump delivers on threats to slap 25 percent tariffs on automobiles and parts, experts say it will cut auto sales and cost jobs in the U.S., Canada and Mexico. Trump has asked the Commerce Department to study the tariffs […]
  • Interest rates flat to lower at weekly US Treasury auction

    WASHINGTON (AP) — Interest rates on short-term U.S. Treasury bills were flat to lower in Monday’s auction. Rates on three-month bills fell to their lowest level in three weeks while six-month bills were unchanged. The Treasury Department auctioned $48 billion in three-month bills at a discount rate of 1.900 percent, down from 1.910 percent last […]
  • Zimmer Biomet and Clorox fall; Apache and JD.com climb

    NEW YORK (AP) — Stocks that moved substantially or traded heavily Monday: Rent-A-Center Inc., up $2.65 to $14.68 The chain, which leases household goods on a rent-to-own basis, accepted an offer of $15 a share from Vintage Capital Management. JD.com Inc., up 17 cents to $43.76 Google said it will invest $550 million in the […]
  • Experts say auto tariffs would raise prices, cost jobs

    DETROIT (AP) — Every workday, about 7,400 trucks mostly loaded with automotive parts rumble across the Ambassador Bridge connecting Detroit and Canada, at times snarling traffic along the busy corridor. But if President Donald Trump delivers on threats to slap 25 percent tariffs on imported vehicles and components, there will be far fewer big rigs […]
  • Experts say auto tariffs would raise prices, cost jobs

    DETROIT (AP) — If President Donald Trump delivers on threats to slap 25 percent tariffs on imported automobiles and parts, experts say it will cut auto sales and cost jobs in the U.S., Canada and Mexico. Trump has asked the Commerce Department to study the tariffs on national security grounds, hoping to bring back jobs. […]
  • Markets Right Now: Stocks look to recover from early skid

    NEW YORK (AP) — The latest on developments in financial markets (all times local): 4:00 p.m. Stocks are closing mixed Monday after recovering from early losses. Energy stocks helped the comeback. Chevron gained 1.5 percent, getting a boost from a 1.2 percent rise in the price of U.S. crude oil. Some big technology shares also […]
  • Small businesses vulnerable to cyberattacks, then don’t act

    Small businesses suffered a barrage of computer invasions last year but most took no action to shore up their security afterward, according to a survey by insurer Hiscox. It found that 47 percent of small businesses reported that they had one attack in 2017, and 44 percent said they had two to four attacks. The […]
  • US stocks recover from sharp early drop and finish mixed

    NEW YORK (AP) — U.S. stocks shrugged off early losses and wound up with a mixed finish Monday. Household goods companies took some of the worst losses as the S&P 500 index fell for the third time in four days. The S&P 500 dropped as much as 22 points early on. Consumer products and packaged […]
  • Builder optimism fades with potential trade war looming

    NEW YORK (AP) — The threat of a trade war with Canada has taken a toll on the confidence of U.S. homebuilders, according to index released Monday. The National Association of Home Builders/Wells Fargo builder sentiment index released Monday fell two points to 68 in June. A reading of 70 in May temporarily snapped a […]