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.