US allows fast processing for some H-1B visa applicants

The U.S. government said on Monday it would resume fast processing of H-1B visas requested by institutions of higher education and nonprofit and governmental research organizations, while leaving in place a longer approval time for companies that use the visas.

S&P, Dow lower as Johnson & Johnson drags

The S&P 500 and the Dow Jones Industrial Average were pulled lower by losses in Johnson & Johnson in late morning trading on Monday, while the Nasdaq was little changed ahead of Google parent Alphabet's earnings report later in the day.

Business Highlights

___ Retailers, brands see green for back-to-school shopping NEW YORK (AP) — For the back-to-school season, many parents and their kids are thinking green.

Student loan debt up more than 450% since 2003

While total U.S. household debt in the first quarter of 2017 surpassed its $12.68 trillion peak reached during the recession, according to data from the New York Fed, it’s the astronomical increase in student loan debt that is perhaps the most shocking.

The Latest: Germany put defense exports to Turkey on hold

The Latest on Germany's tougher stance on Turkey following the jailing of a human rights activist (all times local): 2:15 p.m. Turkey's prime minister has sought to downplay worries of growing tensions between Turkey and Germany following the jailing of six human rights activists, which included one German.