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May 24
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Business Highlights
Business HighlightsMay 24
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May 24
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How major US stock indexes fared Friday
Stocks closed higher on Wall Street Friday after modest gains erased some of the market's steep losses from a day earlierMay 24
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May 24
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US stocks rebound, but S&P 500 ends with 3rd weekly loss
Stocks on Wall Street notched modest gains Friday, erasing some of the market's steep losses from a day earlierMay 24
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May 24
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HP, Hibbett rise; Foot Locker, Autodesk fall
HP, Hibbett rise; Foot Locker, Autodesk fallMay 24
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May 24
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Female CEOs are competitively paid, but greatly outnumbered
Female CEOs remain scarce but pay is competitive at the topMay 24![This photo combination show five of the highest-paid female CEOs for 2018, as calculated by The Associated Press and Equilar, an executive data firm. From left: Mary Barra, General Motors, $21.9 million; Marillyn Hewson, Lockheed Martin, $21.5 millio]()
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May 24
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Markets Right Now: Stocks rebound, led by banks
Stocks are closing higher on Wall Street Friday, led by gains in banks, as the market rebounds from steep losses from a day earlierMay 24![Robert Charmak]()
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May 24
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Pennsylvania accuses financial firms of bond price-fixing
Pennsylvania's treasury department is accusing about a dozen large financial firms of inflating the price of bonds issued by Fannie Mae and Freddie...May 24![Joe Torsella]()
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May 24
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United Airlines extends cancellation of Boeing Max flights
United Airlines is extending the cancellation of flights using the Boeing 737 Max by another month, into early AugustMay 24![FILE - In this July 18, 2018, file photo, United Airlines commercial jets sit at a gate at Terminal C of Newark Liberty International Airport in Newark, N.J. United Airlines is canceling another month’s worth of flights with Boeing 737 Max planes tha]()
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May 24
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Hedge fund manager owes college friend of Trump Jr. millions of dollars, jury finds
"This has been an 11-year battle," according to a defense attorney.May 24
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May 24
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CrossFit breaks up with Facebook and Instagram, citing privacy concerns
The problems started when Facebook banned the "Banting7DayMealPlan" group.May 24![PHOTO: Facebook and Instagram logos on a mobile phones.]()
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May 24
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CEO Pay: When investors say "nay" on spiraling packages
Shareholders are still voting overwhelmingly in favor of big pay packages for CEOs, but there are more pockets of resistance eight years after "say on...May 24![Robert Iger]()
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May 24
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GM's Barra, Lockheed's Hewson among highest paid female CEOs
GM's Barra, Lockheed's Hewson among highest paid female CEOsMay 24![Mary Barra]()
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May 24
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US orders for long-lasting goods fall 2.1% in April
US durable goods orders drop a sharp 2.1% in April, investment spending also fallsMay 24![FILE - In this May 9, 2019, file photo washers and dryers are shown on display in a retail store in Cranberry Township, Pa. On Friday, May 24, the Commerce Department releases its March report on durable goods. (AP Photo/Keith Srakocic, File)]()
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May 24
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Foot Locker 1Q results miss Street, cuts earnings outlook
Foot Locker: Fiscal 1Q Earnings SnapshotMay 24![Foot Locker]()
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May 24
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US durable goods orders drop a sharp 2.1% in April, investment spending also falls
US durable goods orders drop a sharp 2.1% in April, investment spending also fallsMay 24
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May 24
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Global stocks recover with focus on trade, Brexit
Global shares bounce back after Wall Street sell-offMay 24![A currency trader walks near the screens showing the foreign exchange rates at the foreign exchange dealing room in Seoul, South Korea, Friday, May 24, 2019. Asian shares were mostly lower on Friday as worries that the standoff between the U.S. and C]()
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May 24
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India's Modi facing urgent economic challenges after win
India's Modi facing urgent economic challenges after landslide parliamentary victoryMay 24![FILE - In this Monday, April 20, 2015 file photo, an Indian man sleeps on the roof of his house at a shanty area in New Delhi, India. India’s slowing economy appears not to have deterred millions of voters from supporting Prime Minister Narendra Modi]()
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May 24
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AP Explains: How retirement legislation impacts consumers
The House just passed a key piece of retirement legislation, here's why you should careMay 24![FILE - In this Tuesday, Jan. 5, 2016, file photo, people walk at the National Constitution Center in Philadelphia. Americans generally do not have enough saved for retirement and Congress is considering a number of measures to address that. (AP Photo]()
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May 24
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The Latest: SKorea says it's discussing 5G security with US
South Korea discussing security of 5G networks with USMay 24![Customers shop near a section selling Marvel Avengers toys by American toymaker Hasbro at a toy store in Beijing, Thursday, May 23, 2019. An escalating trade war between the U.S. and China could mean higher prices on a broad array of products from to]()
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May 24
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China media accuse US of plot to 'colonize global business'
China state media blasts US as trade dispute drags onMay 24![A farmer plants soybeans in a field in Springfield, Neb., Thursday, May 23, 2019. President Donald Trump rolled out another $16 billion in aid for farmers hurt by his trade policies, and financial markets shook Thursday on the growing realization tha]()
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May 24
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India's Modi facing urgent economic challenges after win
India's Modi facing urgent economic challenges after landslide parliamentary victoryMay 24![FILE - In this Monday, April 20, 2015 file photo, an Indian man sleeps on the roof of his house at a shanty area in New Delhi, India. India’s slowing economy appears not to have deterred millions of voters from supporting Prime Minister Narendra Modi]()
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May 24
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Asia shares retreat on fears China-US trade row might spread
Asia shares retreat on fears China-US trade row might spreadMay 24![Robert Charmak]()
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May 23
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Dressbarn expects to have all its stores shut by end of 2019
Dressbarn says it expects to have all its 650 stores closed by the end of this yearMay 23
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May 23
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Trade impasse: Trump pledges $16B to farmers; markets slump
Trump administration prepares another $16 billion in aid for farmers hurt by trade warsMay 23![A worker browses her smartphone inside a shop selling shoes in Beijing, Thursday, May 23, 2019. An escalating trade war between the U.S. and China could mean higher prices on a broad array of products from toys to clothing. But some retailers will be]()
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May 23
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The Latest: China tariffs to cost average US household $831
The New York Federal Reserve estimates that the Trump administration's latest round of tariff hikes on Chinese goods will cost the typical U.S....May 23![A worker browses her smartphone inside a shop selling shoes in Beijing, Thursday, May 23, 2019. An escalating trade war between the U.S. and China could mean higher prices on a broad array of products from toys to clothing. But some retailers will be]()
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May 23
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Judge questions secrecy in Chemours lawsuit against DuPont
A Delaware judge has chastised attorneys for the secrecy surrounding a dispute between chemical manufacturer Chemours and the DuPont Co., which spun...May 23
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May 23
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A glance at US mortgage rates down slightly this week
Long-term US mortgage rates fell slightly this week, marking a fourth straight week of declines to lure prospective purchasers in the spring...May 23
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May 23
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Business Highlights
Business HighlightsMay 23
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May 23
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Number of US homes on the market rose in 1Q as sales slowed
Homebuyers in some of the biggest U.S. cities are seeing a pickup in the number of homes for sale, especially in the most affordable segment of the...May 23![FILE - This Jan. 4, 2019, file photo shows a house for sale in Pittsburgh's Lawrenceville neighborhood. Homebuyers in some of the biggest U.S. cities are seeing a pickup in the number of homes for sale, especially in the most affordable segment of th]()
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May 23
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How major US stock indexes fared Thursday
Stocks slumped on Wall Street Thursday, handing the market its second straight loss, as investors worried about an apparent stalemate in trade talks...May 23
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May 23
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L Brands, Copart rise; Toro, Best Buy fall
L Brands, Copart rise; Toro, Best Buy fallMay 23
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May 23
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Facebook takes down more than 3 billion fake accounts in 6 months
The company said 5% of monthly active accounts are fake.May 23![PHOTO: Facebook CEO Mark Zuckerberg leave the Elysee Palace after a meeting with French President Emmanuel Macron on cracking down the spread of misinformation and hate speech, May 10, 2019, in Paris.]()
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May 23
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US long-term mortgage rates slip; 30-year average at 4.06%
U.S. long-term mortgage rates fell slightly this week, marking a fourth straight week of declines to lure prospective purchasers in the spring...May 23![FILE- In this Feb. 20, 2019, file photo a coming soon for sale sign sits in front of a home in the Dallas suburb of Richardson, Texas. On Thursday, May 23, Freddie Mac reports on this week’s average U.S. mortgage rates. (AP Photo/LM Otero, File)]()
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May 23
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Stocks open sharply lower on trade fears
Stocks are falling on Wall Street as investors worry about an apparent stalemate in trade talks between the U.S. and China.May 23![Robert Charmak]()
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May 23
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Best Buy warns of higher prices for shoppers due to tariffs
Best Buy 1Q profit beats Street, but outgoing CEO warns of higher prices for shoppers due to tariffsMay 23![FILE- In this Nov. 22, 2018, file photo people wait in line to buy televisions as they shop during an early Black Friday sale at a Best Buy store on Thanksgiving Day in Overland Park, Kan. Best Buy Co., Inc. reports financial results Thursday, May 23]()
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May 23
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Watch your credit card rewards pile up with these 5 tips
When using a rewards credit card, try combining your earnings with other money-saving movesMay 23![FILE- In this Jan. 31, 2018, file photo, an assortment of credit cards and rewards cards are shown in Zelienople, Pa. Rewards-earning credit cards can help you save on these expenses — but you can also combine those rewards with other money-saving st]()
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May 23
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US new-home sales fell 6.9% in April
US new-home sales slumped 6.9% in April; sales of homes deemed affordable for middle class source of declineMay 23![Cory Booker]()
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May 23
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US new-home sales slumped 6.9% in April; sales of homes deemed affordable for middle class source of decline
US new-home sales slumped 6.9% in April; sales of homes deemed affordable for middle class source of declineMay 23
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May 23
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China has more weapons in US tariff war - but do they work?
China has an array of options for retaliating for Washington's latest tariff hike in the two countries' escalating trade battleMay 23
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May 23
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World shares sink as US-China spat takes center stage
World markets sink as traders brace for impact of U.S.-China spatMay 23![In this May 14, 2019, photo, a man walks past an electric board displaying stock prices at a brokerage house in Beijing. Asian markets were broadly lower on Thursday, May 23, 2019 as traders focused on tensions between the U.S. and China and braced f]()
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May 23
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Former Nissan chairman Ghosn appears in Tokyo court
Nissan ex-chairman Ghosn appears in Tokyo courtMay 23![Former Nissan chairman Carlos Ghosn, center, arrives at Tokyo District Court for a pre-trial meeting in Tokyo Thursday, May 23, 2019. Ghosn, who is out on bail, has been charged with under-reporting his post-retirement compensation and breach of trus]()
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May 22
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Asian shares slip as US-China spat takes center stage
Asian markets slip as traders brace for impact of U.S.-China spatMay 22![FILE - In this Nov. 6, 2018 file photo, attendees look at the latest technology from Qualcomm at the China International Import Expo in Shanghai. Qualcomm’s stock is tumbling before Wednesday’s market open on May 22, 2019, after a federal judge ruled]()
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May 22
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Americans seeking love are crossing party lines again, after 2016 elections
There was a major drop in online dating after the election.May 22![PHOTO: The Match.com logo is displayed on a smartphone.]()
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May 22
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Business Highlights
Business HighlightsMay 22
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May 22
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Target's online game is on target
Target gets its digital game on and the profits flowMay 22![FILE- This May 3, 2017, file photo shows the Target logo on a store in Upper Saint Clair, Pa. An aggressive campaign at Target to let customers do more online is paying off. The retailer on Wednesday, May 22, 2019, exceeded first quarter expectations]()
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May 22
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Retailers, shoppers could feel more pain if tariffs spread
An escalating trade war with China could mean higher prices on a broad array of products but some retailers will be less equipped to handle the pain...May 22![FILE - This Oct. 26, 2016, file photo, shows prices in the toy section at Walmart in Teterboro, N.J. An escalating trade war with China could mean higher prices on a broad array of products from toys to clothing. But some retailers will feel more pai]()
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May 22
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How major US stock indexes fared Wednesday
Stocks ended lower on Wall Street Wednesday, weighed down by mixed corporate earnings from big retailers and uncertainty over the trade dispute...May 22
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May 22
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Mnuchin says Tubman $20 bill design delayed past 2020
Treasury Secretary Mnuchin says Tubman $20 bill design delayed past 2020May 22![Steven Mnuchin]()
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May 22
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Saudi Aramco to buy liquid natural gas from US company
Saudi Aramco to buy liquid natural gas from Sempra Energy, a US company based in San DiegoMay 22![FILE - In this Feb. 26, 1997 file photo, Khaled al-Otaiby, an official of the Saudi oil company Aramco, watches progress at a rig at the al-Howta oil field near Howta, Saudi Arabia. Saudi Aramco will begin buying liquid natural gas from a U.S. compan]()
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May 22
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Target soars while Qualcomm plunges
Target and Avon Products rise while Nordstrom and Qualcomm declineMay 22
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