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Business

US economy slows to 2.1% growth rate in 2nd quarter

NEW YORK (AP) — U.S. stocks pushed to record heights Friday following strong profit reports from Google’s parent company, Twitter and other big corporations. Companies are nearly midway through earnings reporting season, and results have generally been better than the dismal expectations ...

US economy slows to 2.1% growth rate in 2nd quater

WASHINGTON (AP) — The U.S. economy slowed sharply in the April-June quarter even as consumers stepped up their spending. The gross domestic product, the economy's total output of goods and services, grew at a 2.1% annual rate last quarter, down from a 3.1% gain in the first quarter, the ...

Getting to know Marshall — one hot dog at a time

MARSHALL — The Frankie’s Hot Dogs cart was a big hit Thursday at Marshall Crazy Days. People were lined up to get a hot dog, chips and a soda in-between hunting for bargains. “This is our first event,” said Chad Kisner, who co-owns Frankie’s Hot Dogs with his wife, Sarah ...

Penney: We haven’t hired advisers for in-court restructuring

NEW YORK (AP) — J.C. Penney, looking to soothe rattled investors, said Friday it hasn’t hired any advisers to prepare for an in-court restructuring or bankruptcy. The company’s statement came after a report said Penney was hiring experts to help restructure its debt. Reuters reported ...

Court upholds Trump move to drop mine pollution rule

BILLINGS, Mont. (AP) — A U.S. appeals court panel sided with the Trump administration Friday in a mining pollution dispute, ruling that state and federal programs already in place ensure that companies take financial responsibility for future cleanups. The ruling came after the ...

Reined-in rate-cut expectations, Iran tensions hit S&P 500

NEW YORK (AP) — U.S. stocks pulled further back from their records on Friday to cap the weakest week for the S&P 500 since May. Indexes sloshed between small gains and losses for much of the day before turning lower in the afternoon after Iran said it seized a British oil tanker, the ...