Economic Indicators

Trump backs off border shutdown but threatens auto tariffs

President Donald Trump is threatening to slap tariffs on cars produced in Mexico unless the country does more to stop migrants trying to enter the U.S. Trump told reporters at the White House on Thursday that if that "powerful incentive" but "less drastic measure" doesn't work, he'll go through with his standing threat to close the U.S.-Mexico border.

How major US stock indexes fared Thursday

U.S. stock indexes closed mostly higher Thursday, as gains for banks, big retailers and communication services companies offset losses elsewhere in the market.

Business Highlights

___ IPWhoa: What to know before joining this year's IPO parade NEW YORK (AP) — A parade of well-known technology companies will make their stocks available to everyone for purchase, not just big pension funds and wealthy people, this year.

The Latest: Judge urges SEC and Tesla CEO 'tweet' settlement

The Latest on Tesla CEO Elon Musk's legal problems (all times local): 2 p.m. Elon Musk and his lawyers were appearing before a federal judge in New York who will decide whether the Tesla CEO should be held in contempt of court for violating an agreement with the U.S. Securities and Exchange Commission.