AP FACT CHECK: White House's selective reading on economy
President Donald Trump pitched a wildly off-base claim about economic growth Monday as the White House used selective statistics to build a case that the economy is doing much better than when Barack Obama was in office.
Business Highlights
___ CBS sets aside $120 million for Moonves, but will he see it?
Asian stocks mixed as investors await US tariff hike
U.S. stocks are rising Monday morning as major stock indexes rebound from the previous week's losses.
The Latest: Moonves ouster could make CBS takeover target
The Latest on the ouster of one of the TV industry's most powerful executives, Les Moonves, with allegations of sexual misconduct continuing to surface (all times local): 7:10 a.m.
US consumer borrowing up strong $16.6 billion in July
Americans increased their borrowing in July at nearly double the pace of the previous month, evidence that confident consumers are willing to take on more debt to support their spending.
Small businesses not keeping with larger companies in hiring
While job growth in the U.S. has been steady over the past year, the gains are slow and erratic at small businesses.
Despite Trump tweet, Ford says it won't make hatchback in US
Ford says it won't be moving production of a hatchback vehicle to the United States from China — despite President Donald Trump's claim that his taxes on Chinese imports mean the Focus Active can be built in America.
Markets Right Now: S&P 500 index breaks 4-day losing streak
The latest on developments in financial markets (all times local): 9:35 a.m.
With the fall of a kingmaker, CBS is punished on Wall Street
The #MeToo movement fighting sexual misconduct had already claimed one of Hollywood's top movie moguls in Harvey Weinstein.
US, EU aim to ease some trade barriers by November
U.S. trade officials say they hope to reach an agreement with the European Union on lifting some technical barriers to trade between the two powers by November.
Trump touts US economic growth: Fact check
The president claimed on Twitter Monday that GDP growth had not been higher than the unemployment rate in a century.
Wildlife group: Exotic pets trade activity rises on Facebook
A wildlife monitoring group says research it has conducted since 2016 has found that people are increasingly buying and selling endangered animals on Facebook groups in Thailand.
China promises retaliation if US imposes more tariffs
China's government says it will retaliate if Washington goes ahead with more tariff increases following President Donald Trump's comment that he was considering extending penalties to more Chinese imports.
On front line of trade, EU ports fear overnight Brexit chaos
With arms flailing and raised voices, a shipping manager and a customs chief in the Belgian port of Zeebrugge talk through all the things that could go wrong if the Brexit talks fail.
Creditors warn Greece on debt relief as inspectors return
European monitors have returned to Greece to inspect the country's economic reforms, three weeks after its third international rescue program ended.
Stock markets pick up after Asia drops over Trump tariffs
European and Asian markets were mostly lower on Monday after U.S. President Donald Trump suggested placing tariffs on an additional $267 billion in Chinese goods in a tit-for-tat dispute over trade.
Turkey's economy slowed in second quarter as currency slid
Official data show that Turkey's economy slowed in the second quarter of 2018 as its currency was sliding.
Alibaba's Jack Ma to step down as chairman in September 2019
E-commerce giant Alibaba Group says founder Jack Ma will step down as chairman in September 2019.
Trade, inflation and 9/11 attacks remembered in the week ahead
US and EU trade chiefs will hold their first meeting in Brussels on Monday, to pursue closer transatlantic ties.
Stronger US economy may warrant "restrictive" rates: Fed's Rosengren
The Fed maintains a 2 percent inflation target, which it is only now reaching after a decade struggling to consistently hit and maintain it.














