AP Business

Stock market today: World shares are mixed as selling hits technology shares

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World shares were mixed on Friday after an official survey showed Chinese factory activity weakening in May on slowing export orders.U.S. futures were little...

Boeing firefighters ratify a contract with big raises, which they say will end a...

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Boeing firefighters ratified a new contract with major pay increases and expect to return to work this weekend after a lockout that has lasted...

Shares in Trump Media slump after former president convicted in hush money trial

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Shares of Trump Media & Technology Group, the owner of social networking site Truth Social, slumped Thursday after former President Donald Trump was convicted...

US Labor Department sues Hyundai, suppliers in Alabama over alleged child employment

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MONTGOMERY, Ala. (AP) — The U.S. Department of Labor wants a federal judge to prevent Hyundai and two other Alabama companies from what the...

Mortgage rates snap three-week pullback, pushing average rate on a 30-year home loan back...

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LOS ANGELES (AP) — The average rate on a 30-year mortgage moved back above 7% this week, a setback for home shoppers at a...

Medline recalls 1.5 million adult bed rails following 2 reports of entrapment deaths

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NEW YORK (AP) — Medical supply company Medline Industries is recalling some 1.5 million portable adult bed rails across the U.S. and Canada, following...

NRA can sue ex-NY official it says tried to blacklist it after Parkland shooting,...

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WASHINGTON (AP) — A unanimous Supreme Court on Thursday cleared the way for a National Rifle Association lawsuit against a former New York state...

US economic growth last quarter is revised down from 1.6% rate to 1.3%, but...

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WASHINGTON (AP) — The U.S. economy grew at a sluggish 1.3% annual pace from January through March, the weakest quarterly rate since the spring...

The number of Americans applying for jobless benefits inches up, but layoffs remain low

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The number of Americans applying for unemployment benefits ticked up last week, but layoffs remain historically low in the face of lingering inflation and...

Best Buy extends streak of quarterly sales declines as Americans focus on essential purchases

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NEW YORK (AP) — Best Buy reported another quarterly drop in sales as the nation's largest consumer electronics chain wrestles with cautious spending by...