Economic Indicators

US retail sales rose a solid 0.5% in May as consumers spent more on cars, electronics.

The European Commission says it's reached an agreement with the United States to allow more hormone-free U.S. beef onto the European market.

Asian shares were mixed Friday as investors weighed a variety of factors, including alleged attacks on two tankers in the strategic Strait of Hormuz and lingering worries about trade conflict between the U.S. and China.

U.S. stocks edged higher in early trading Thursday on Wall Street as a spike in oil prices boosted energy stocks following a suspected attack on two oil tankers in the strategic Strait of Hormuz.

Japan has overtaken China to become the second-biggest user of the Panama Canal amid an escalating trade war between Beijing and Washington, canal authorities said Thursday.

The California Assembly on Thursday approved a $214.8 billion state budget that would spend more on health care and education, bolster the state's top firefighting agency following devastating wildfire seasons, and boost state reserves.

The nation's largest public utility has agreed to dig up and remove about 12 million cubic yards (9.2 million cubic meters) of coal ash from unlined pits at a Tennessee coal-burning power plant.

Stocks ended modestly lower for the second straight day Wednesday, dragged down by losses in technology companies and banks.

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.

___ 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.

The Massachusetts Democrat introduced a similar proposal as part of her 2020 campaign.

The latest on developments in financial markets (all times local): 9:35 a.m.

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.

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.

The House Ways and Means Committee chair said tax receipts for the first eight months of the year are the highest in American history.

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.

It was the smallest increase in inflation since January.

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.

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.

"He should get about 56 percent of the popular vote," because the economy is strong, said Steven Rattner.