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Headlines from the Associated Press



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US closes probe of Jeep automatic braking; no recall sought

Fri, 30 Sep 2016 14:42:36 GMT2016-09-30T14:42:36Z

DETROIT (AP) -- U.S. safety regulators have closed a yearlong investigation into the Jeep Grand Cherokee's automatic braking system without seeking a recall....



US consumer spending at weakest pace in 5 months

Fri, 30 Sep 2016 14:36:58 GMT2016-09-30T14:36:58Z

WASHINGTON (AP) -- U.S. consumers scaled back their spending in August to its weakest pace in five months, reflecting a drop in spending on autos. Income growth also decelerated as wages and salary gains slowed following four strong months....



US stocks rebound as consumer companies and banks rise

Fri, 30 Sep 2016 14:22:22 GMT2016-09-30T14:22:22Z

NEW YORK (AP) -- U.S. stocks are bouncing back Friday morning after a steep loss late the previous day. Strong earnings from Costco are giving consumer stocks a lift. Banks, too, are recovering from a sharp drop as Deutsche Bank tried to reassure investors about its financial health. Energy companies are also trading higher....



Markets Right Now: Stocks open higher on Wall Street

Fri, 30 Sep 2016 13:44:38 GMT2016-09-30T13:44:38Z

NEW YORK (AP) -- The latest on developments in global financial markets (all times local):...



US consumer spending flat in August, weakest in 5 months, with drop in auto purchases

Fri, 30 Sep 2016 12:30:48 GMT2016-09-30T12:30:48Z

WASHINGTON (AP) -- US consumer spending flat in August, weakest in 5 months, with drop in auto purchases....



Business Highlights

Thu, 29 Sep 2016 22:21:32 GMT2016-09-29T22:21:32Z

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Yellen pledges to improve Fed's workplace diversity

Thu, 29 Sep 2016 21:30:56 GMT2016-09-29T21:30:56Z

WASHINGTON (AP) -- Chair Janet Yellen said Thursday she is committed to increasing diversity throughout the Federal Reserve system, including the ranks of senior leadership....



Mylan and NextEra slump; ConAgra, Helmerich & Payne rise

Thu, 29 Sep 2016 21:18:22 GMT2016-09-29T21:18:22Z

NEW YORK (AP) -- Stocks that moved substantially or traded heavily on Thursday:...



Ex-Delta executive to pay more than $5 million over trades

Thu, 29 Sep 2016 21:01:50 GMT2016-09-29T21:01:50Z

WASHINGTON (AP) -- A former Delta Air Lines Inc. executive will pay more than $5 million to settle charges that he profited improperly by manipulating trades in energy futures....



AP Explains: What does OPEC's tentative deal mean for oil?

Thu, 29 Sep 2016 19:15:46 GMT2016-09-29T19:15:46Z

DUBAI, United Arab Emirates (AP) -- OPEC nations have agreed in theory that they need to reduce their production to help boost global oil prices during a meeting in Algeria, but a major disagreement between regional rivals Saudi Arabia and Iran still may derail any cut. What happened to oil prices and why can't OPEC agree to anything more binding?...