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MONEY NEWS FROM THE ASSOCIATED PRESS

Money

  • How major US stock indexes fared Friday

    Stocks ended lower on Wall Street, giving up their gains for the week. The S&P 500 still managed to end July higher, marking six monthly gains in a row, the longest such streak since 2018. Online retail giant Amazon slumped and weighed down the S&P 500 after it reported sales growth that was big but […]
  • Closing prices for crude oil, gold and other commodities

    Benchmark U.S. crude oil for September delivery rose 33 cents to $73.95 a barrel Friday. Brent crude oil for September delivery rose 28 cents to $76.33 a barrel. Wholesale gasoline for August delivery rose 2 cents to $2.37 a gallon. August heating oil rose 1 cent to $2.20 a gallon. September natural gas fell 15 […]
  • US regulators step up scrutiny of IPO hopefuls from China

    NEW YORK (AP) — Chinese companies hoping to sell their shares in the United States must start making more disclosures about their potential risks before U.S. regulators will allow them to list their stock. The Securities and Exchange Commission announced the move Friday after Beijing said it would step up its supervision of Chinese companies […]
  • Roberto Calasso, Italian publisher and literary figure, dies

    ROME (AP) — Roberto Calasso, a towering figure in European publishing as the driving force behind an esteemed Milan-based publisher, as well as an inquisitive and prolific author himself, has died at 80, his company said. Italian news media, quoting his publishing house Adelphi, said Calasso died Thursday in Milan following a long illness and […]
  • White House, Canada state support for new Detroit River span

    DETROIT (AP) — The White House and Canada issued a joint statement of support for a commuter bridge that when completed will span the Detroit River, connecting Detroit and Windsor, Ontario. The statement issued Thursday calls the Gordie Howe International Bridge “a top infrastructure priority” for both governments. “We’re committed to continuing our support to […]
  • Pilot recalls sudden, chaotic shipwreck off Georgia coast

    SAVANNAH, Ga. (AP) — When the giant cargo ship began to tip over off the Georgia coast, harbor pilot Jonathan Tennant found himself on his side, screaming orders in the darkness while flying debris that felt like gravel pelted him. After much of the Golden Ray slipped into the sea, crew members feared they would […]
  • North Macedonia starts fund for poverty-stricken Roma

    SKOPJE, North Macedonia (AP) — North Macedonia’s government launched a 2.5 million euro ($3 million) development fund Friday to support Roma-owed businesses and job agencies to assist the poverty-stricken community. The project aims to provide easier access to business loans, coaching and business development services to try and draw Roma community members away from the […]
  • $1 trillion infrastructure plan clears another Senate hurdle

    WASHINGTON (AP) — The Senate further advanced a roughly $1 trillion infrastructure plan Friday with a bipartisan group of senators helping it clear one more hurdle and bracing to see if support can hold during the next few days of debate and efforts to amend it. Senate Majority Leader Chuck Schumer, D-N.Y., said the chamber […]
  • MyPillow advertiser shunning Fox for refusal to air ad

    NEW YORK (AP) — One of Fox News’ most visible advertisers, Mike Lindell and his MyPillow line of products, has pulled commercials from the network over a refusal to air an ad promoting discredited claims of election fraud. Fox confirmed the moves on Friday, which were first reported by The Wall Street Journal. Lindell’s face […]
  • 6 people test positive for COVID-19 after Caribbean cruise

    Six passengers who sailed on a Royal Caribbean ship tested positive for COVID-19 near the end of their cruise and were immediately quarantined, the company said Friday. The passengers – four adults and two minors – were on the Adventure of the Seas ship for a 7-day trip that left the Bahamas last Saturday and […]