Economic Indicators

Defending court approval of its huge merger with Time Warner, AT&T is arguing the Trump Justice Department failed to show that the merger will raise wholesale prices for pay-TV programming and for consumers.

Solid stock market returns lifted U.S. household wealth to a record $106.9 trillion in the April-June quarter, a culmination of a decade of economic recovery but a gain that is concentrated largely among the most affluent.

But Americans’ household debt also jumped during the same time period.

A Colorado meatpacker is recalling more than 132,000 pounds (60,000 kilograms) of ground beef after an E. coli outbreak killed one person and sickened 17.

It's almost moving day on the stock market.

Nissan recalled more than 215,000 cars and SUVs in the U.S. due to a fire risk and is advising people to park the vehicles outdoors in rare cases.

LendingTree and General Electric were among the companies that offered robust relocation packages last year.

U.S. sales of existing homes were unchanged in August, as a shortage of houses priced at less than $250,000 — a level considered to be affordable for the middle class — has become a drag on the real estate market.

China's benchmark stock index, the Shanghai Composite, is down 17 percent this year.

The Dow Jones Industrial Average climbed to a new record on Thursday.

The labor market is viewed as being near or at full employment.

Turkey expects lower economic growth in coming years amid concerns over inflation and a sliding currency.

Asian shares are mixed, trading in a narrow range Thursday after news of a fresh round of tariffs by the U.S. on $200 billion in Chinese goods drew a muted reaction on Wall Street.

European Union officials say Airbnb has agreed to clarify its pricing system in response to complaints that they could mislead consumers.

Norway's central bank has raised its key policy rate by a quarter of a percentage point to 0.75 percent — its first increase in seven years.

About 3.4 million chickens and turkeys and 5,500 hogs have been killed in flooding from Florence as rising North Carolina rivers swamped dozens of farm buildings where the animals were being raised for market, according to state officials.

President Donald Trump is set to nominate former Federal Reserve economist Nellie Liang to the central bank's board of governors.

___ No way out?

Former FDIC Chair Shelia Bair warned that debt-driven spending is driving economic growth.

Major U.S. stock indexes wavered between small gains and losses in early trading Wednesday.