Hundreds of companies decry tariffs in letter to Trump
More than 600 companies and trade associations, including Walmart and Target, have signed a letter telling President Donald Trump that an escalating trade war with China will hurt families, jobs and the U.S. economy.
Business Highlights
___ Tankers struck near Strait of Hormuz; US blames Iran DUBAI, United Arab Emirates (AP) — The U.S. is blaming Iran for an attack on two oil tankers near the strategic Strait of Hormuz, including one that was set ablaze.
Elizabeth Warren to introduce bill to 'cancel' student debt for millions
The Massachusetts Democrat introduced a similar proposal as part of her 2020 campaign.
Markets Right Now: Stocks rise, break short losing streak
The latest on developments in financial markets (all times local): 9:35 a.m.
Great Recession still hurting? 23% of Americans say their financial situation is 'worse' now
Even a decade after the recession, almost a quarter of Americans have said they are worse off than they were before 2007, a new survey has found.
Panel: 90% of US sport bets could be online in 5 to 10 years
Gambling operators and tech providers say 90% of all sports betting in the U.S. will be done over mobile phones or the internet in the next five to 10 years.
Tax revenues to grow 50% over next decade: Rep. Brady
The House Ways and Means Committee chair said tax receipts for the first eight months of the year are the highest in American history.
Trudeau to visit Trump next week to talk trade, China
Canadian Prime Minister Trudeau will travel to Washington next week to meet with President Donald Trump to discuss the ratification of the new North American trade agreement and China's detention of two Canadians.
Is a Fed rate cut all but guaranteed this year, thanks to low inflation?
It was the smallest increase in inflation since January.
Ford opens Israel tech lab in move toward driverless cars
Ford has opened a research center in Israel, joining a legion of major automakers racing to develop new technologies for the world of driverless cars.
AP Explains: Mideast tensions threaten key global oil route
Reports that two tanker ships have been attacked in the Gulf of Oman, near the strategic Strait of Hormuz, have focused new attention on the region as tensions have risen.
Obama official Steven Rattner: Economy gives Trump a meaningful 'tailwind' in 2020
"He should get about 56 percent of the popular vote," because the economy is strong, said Steven Rattner.
Euro gains in global use, but dollar still dominates
The European Central Bank says the euro has gained ground on the dollar as a global currency used for government reserves, rebounding from historic lows as U.S. sanctions deter some country's use of the U.S. currency.
Target ups the ante in online delivery wars
In the latest salvo in the delivery wars, Target is offering same-day delivery on thousands of items for $9.99 per order through a delivery startup it purchased nearly two years ago Until now, Target shoppers looking to receive same-day delivery through Shipt had to go to the startup's website and pay $99 for an annual membership or $14 for a monthly membership.
While Trump wages trade war, Pence tries to ease GOP anxiety
A group of Pennsylvania manufacturers surrounded Mike Pence as he offered his standard greeting from President Donald Trump.
Oil surges on Mideast tanker incident, stocks rise
Asian stocks were mostly lower on Thursday as activists in Hong Kong vowed to keep protesting an extradition bill they fear would whittle the Chinese territory's legal autonomy.
Tyson Foods releases plant-based protein products to compete with Beyond Meat, other companies
One of the world's largest meat producers is entering the fast-growing market for plant-based meat alternatives.
Asian shares mixed on jitters over Hong Kong protests
Stocks are veering lower in early trading on Wall Street Wednesday, led by drops in technology companies and banks.
The Latest: 1 arrested on abuse charges at Indiana farm
The Latest on alleged animal abuse at an Indiana dairy farm that's a popular agritourism destination (all times local): 5:10 p.m.
Business Highlights
___ Businesses showing discontent with Trump's trade policies WASHINGTON (AP) — Business groups, already uncomfortable with Trump's attempts to stem immigration, are struggling to figure out where to stand in the fast-shifting political climate.














