Economic Indicators

Business Highlights

___ Stocks slump again; S&P 500, Dow back into red for year NEW YORK (AP) — Stocks are back in the red for the year as another big slump rocks Wall Street.

Report: FBI conducting criminal investigation into Tesla

A published report says the FBI is conducting a criminal investigation into whether electric-car maker Tesla has misstated production figures about its Model 3 sedan and misled investors about its business.

Watchdog looks to rescind crucial part of payday loan rules

The Consumer Financial Protection Bureau is saying it will revisit a crucial part of the bureau's payday lending industry regulations, a move that will likely make it more difficult to protect consumers from potential abuses if changed.

What's at stake as Italy plays chicken with markets, EU

Italy's government is playing a game of chicken with European authorities and financial markets over plans to spend big — and it's unclear whether the country can avoid a collision that would spread wreckage throughout Europe and the rest of the world.

Trump administration squares off with drugmakers over plan

Less than two weeks before the midterm elections, President Donald Trump has announced a plan to lower prices for some prescription drugs, saying it would stop unfair practices that force Americans to pay much more than people in other countries for the same medications.

Wall St.'s view: Despite solid US economy, dim profits ahead

The nerve-wracking anxiety that's gripped the U.S. stock market seems oddly unmoored from economic reality: Despite the turbulence on Wall Street, economic growth is strong, unemployment ultra-low and consumers exceptionally confident.