Economic Indicators

Business Highlights

___ Apple's fiscal 2Q revenue, profit sag amid iPhone slump SAN FRANCISCO (AP) — Weak iPhone demand is still causing Apple's overall sales to shrink, despite the company's effort to emphasize services designed to bring in a steady flow of money from its 1.4 billion devices still in use.

Trump: Better Fed policies would give economy 'rocket' boost

White House adviser Kellyanne Conway says the president is still backing conservative commentator Stephen Moore for a spot on the Federal Reserve board, and she adds she's not concerned about some of his controversial comments on women.

France ramps up security measures for May Day protests

French authorities were planning high security measures Tuesday for May Day demonstrations in Paris and across the country, as anti-government yellow vest protesters are expected to join trade union activists.

GE shares jump 5% on earnings surprise

General Electric Co. (GE) on Tuesday reported first-quarter net income of $3.59 billion, after reporting a loss in the same period a year earlier.

Eurozone recession fears fade as growth picks up

Official figures show that the eurozone economy picked up some momentum in the first quarter of the year and that unemployment across the region fell to its lowest level since the global financial crisis.