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  • Stocks wobble, dollar slips as traders shrug off trade talk

    NEW YORK (AP) — US stocks are drifting between small gains and losses as traders shrug off the latest trade threats from President Donald Trump and focus on company earnings reports, which contained some better-than-expected results from big names including Microsoft. Industrial conglomerate Honeywell is also higher. General Electric fell after saying its power business […]
  • US probes complaints that some Ford Escapes overheat, stall

    DETROIT (AP) — Federal safety investigators are looking into complaints that engines on some Ford Escape vehicles can overheat and suddenly stall while being driven. The U.S. National Highway Traffic Safety Administration says it has 40 complaints from consumers about stalling, including two alleging that the engines caught fire. The investigation covers about 127,000 Escape […]
  • Markets Right Now: US stocks open mostly lower

    NEW YORK (AP) — The latest on developments in financial markets (all times local): 9:35 a.m. Stocks are opening mostly lower on Wall Street as investors react to some disappointing earnings reports. Banks and industrial companies led the way lower in early trading on Friday. State Street slumped 7 percent after missing analysts’ profit forecasts […]
  • The Latest: Trump slams Fed, trading partners

    The Latest on rising trade tensions following comments by President Donald Trump (all times local): 9:45 a.m. President Donald Trump is predicting that U.S. farmers will emerge victorious from a trade dispute that has hurt soybean prices. Trump in a tweet blamed poor soybean prices on “bad (terrible) Trade Deals” with U.S. trading partners in […]
  • Trump ups tariff threat, slams Fed, big US trading partners

    President Donald Trump has indicated that he’s willing to hit every product imported from China with tariffs and again criticized the Federal Reserve, as well as some of the nation’s biggest trading partners. The comments sent U.S. markets sliding early Friday. In a taped interview with the business channel CNBC, Trump said “I’m willing to […]
  • China’s yuan falls against dollar, helping exporters

    BEIJING (AP) — China’s central bank is allowing its tightly controlled currency to drift lower against the dollar, a move that could help Chinese exporters cope with U.S. tariff hikes but also might reignite an outflow of capital Beijing spent months trying to stanch. On Friday, the yuan dipped to a 12-month low of 6.8 […]
  • Stocks drop after Trump says he’s ready to step up trade war

    SINGAPORE (AP) — World stock markets fell sharply Friday after U.S. President Donald Trump said he was prepared to put new tariffs on all Chinese imports, escalating the rhetoric in a trade war that could hit global economic growth. KEEPING SCORE: From being up slightly earlier in the day, European indexes were trading lower. Germany’s […]
  • Business Highlights

    ___ Zuckerberg’s Holocaust comment puts Facebook on the spot NEW YORK (AP) — Denying the Holocaust is probably OK on Facebook. Calling for a mob to kill Jews is not. Facebook founder Mark Zuckerberg’s awkward attempt to explain where Facebook draws the line illustrates the complexities social media platforms face as they take on the […]
  • How major US stock indexes fared Thursday

    Banks and other large U.S. stocks fell Thursday, but smaller companies climbed, which made for a mixed finish on Wall Street. Representatives of the auto industry addressed Congress and spoke out against the tariffs on imported cars and car parts proposed by the Trump administration. On Thursday: The S&P 500 index lost 11.13 points, or […]
  • EBay and American Express slide; Comcast and IBM climb

    NEW YORK (AP) — Stocks that moved substantially or traded heavily Thursday: eBay Inc., down $3.84 to $34.11 The online marketplace’s revenue fell short of Wall Street forecasts. American Express Co., down $2.81 to $100.17 The credit card company said delinquent payments rose and it had to set aside more money for possible bad loans. […]