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Macy's rebound continues into 2Q, but shares tumble
NEW YORK (AP) — Macy's raised its annual profit forecast as the department store reported an unexpected increase in a key sales measure. The Cincinnati department store chain has now reported its third straight quarter of higher sales at existing stores after a three-year slump. But shares on Wednesday...
Home Depot roars back in the second quarter
ATLANTA (AP) — Home Depot handily beat expectations during the second quarter, bouncing back from a slow start to the year when terrible weather cooled construction projects. The world's biggest home improvement retailer boosted its full-year profit and revenue forecasts Tuesday. Higher mortgage rates...
AP FACT CHECK: Trump's economic fiction: 'record' GDP, jobs
WASHINGTON (AP) — President Donald Trump is distorting the truth on U.S. economic growth and jobs, pointing to record-breaking figures that don't exist and not telling the full story on black unemployment. He cites the highest-ever gross domestic product for the U.S. that's not there and predicts a...
Small businesses find tight job market makes it hard to hire
WASHINGTON (AP) — Even with the U.S. economy booming and the job market strong, hiring has slowed among one category of employers: Small businesses. Yet it isn't because these companies are hurting. Far from it. Small businesses today are generally optimistic, and most say they're enjoying healthy sales....
Small businesses find tight job market makes it hard to hire
WASHINGTON (AP) — Even with the U.S. economy booming and the job market strong, hiring has slowed among one category of employers: Small businesses. Yet it isn't because these companies are hurting. Far from it. Small businesses today are generally optimistic, and most say they're enjoying healthy sales....
Open jobs outnumber US unemployed for 3rd straight month
WASHINGTON (AP) — U.S. employers posted slightly more openings in June than the previous month, resulting in more available jobs than unemployed people for the third straight month, signaling a solid economy. The Labor Department said Tuesday that job openings barely increased, rising 3,000 to 6.66...
Global stocks mostly higher amid strong earnings, growth
BEIJING (AP) — Global stock markets were mostly higher Monday as investors focused on strong company earnings and economic data even as the U.S.-China trade dispute heated up. KEEPING SCORE: Germany's DAX rose 0.7 percent to 12,698 while London's FTSE 100 gained 0.1 percent to 7,666. France's CAC 40 rose...
Jobs boom favors Democratic counties, not Trump strongholds
MONACA, Pennsylvania (AP) — The United States is on pace to add about 2.6 million jobs this year under President Donald Trump's watch. Yet the bulk of the hiring has occurred in bastions of Democratic voters rather than in the Republican counties that put Trump in the White House. On average for the...
US stocks rise as companies that pay big dividends surge
NEW YORK (AP) — U.S. stocks rose Friday after the Labor Department said hiring remained solid in July and strong quarterly earnings continued to boost the market. U.S. employers added 157,000 jobs last month, fewer than analysts expected. But the Labor Department said more jobs were added in May and June...
Markets Right Now: Stocks close up after July jobs report
NEW YORK (AP) — The latest on developments in financial markets (all times local): 4:00 p.m. U.S. stocks are closing higher after the Labor Department said hiring remained solid in July. Health care companies and consumer goods makers posted some of the biggest gains Friday. Pfizer rose 2.2 percent and...
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