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California regulators on Thursday approved allowing utilities to cut off electricity to possibly hundreds of thousands of customers to avoid catastrophic wildfires like the one sparked by power lines last year that killed 85 people and largely destroyed the city of Paradise.

In a surprise announcement that could compromise a major trade deal, President Donald Trump announced Thursday that he is slapping a 5% tariff on all Mexican imports to pressure the country to do more to crack down on the surge of Central American migrants trying to cross the border.

The Latest on President Donald Trump's announcement on a new tariff for Mexican imports in response to heavy flow of migrants (all times local): 9:20 p.m.

China's factory activity fell into contraction territory in May amid an ongoing trade dispute with the U.S. that has seen higher tariffs slapped on Chinese exports.

U.S. stocks moved broadly higher in morning trading on Wall Street Thursday following two days of losses.

The Trump administration has triggered the process for submitting a bill to Congress that would implement the president's new trade deal with Canada and Mexico.

It's hard to generate interest in a news release about liquefied natural gas exports, but a high-ranking Trump administration official succeeded by calling the stuff "molecules of U.S. freedom."

A Delaware judge is ordering Facebook to turn over internal records regarding data privacy and access to user data.

U.S. Energy Secretary Rick Perry says the Trump administration is committed to making fossil fuels cleaner rather than imposing "draconian" regulations on oil, gas and coal.

Tennessee Republican Gov. Bill Lee says he opposes a push by the United Auto Workers union to organize Volkswagen's lone U.S. plant in the state.

Gap Inc. reported fiscal first-quarter results on Thursday that fell well short of analysts' expectations, sending the company's stock tumbling more than 10% in after-market trading.

Enbridge Inc. says it's setting a firm deadline for completing a proposed oil pipeline tunnel beneath a key Great Lakes channel.

___ Why the US economy may have already peaked for the year WASHINGTON (AP) — The U.S. economy grew at a solid 3.1% annual rate in the January-March quarter — a pace that will likely prove to be the high-water mark for the year before growth weakens in the coming months.

Stocks that moved substantially or traded heavily on Thursday: PVH Corp., down $14.76 to $84.49

Massachusetts has sued a national retailer of electronic cigarette and vaping products, alleging the company violated state law by targeting minors for sales of its merchandise, Attorney General Maura Healey announced Thursday.

Enjoy it while it lasts.

Let the digging begin.

The latest on developments in financial markets (all times local): 9:35 a.m.

This year marks the seventh consecutive decline.

Long-term U.S. mortgage rates fell for the fifth consecutive week, tipping the key 30-year loan average below 4% for the first time in nearly a year and a half This week Last week Year ago 30-year fixed 3.99 4.06 4.56 15-year fixed 3.46 3.51 4.06 5-year adjustable 3.60 3.68 3.80