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Business

US stocks sink as 10-year Treasury yield climbs

NEW YORK (AP) — Wall Street sank on Tuesday as rising pressure from the bond market pulled U.S. stocks further from their records. The S&P 500 fell 0.7% for its worst day in a month after paring a loss that earlier reached 1.5%. The Dow Jones Industrial Average dropped 249 points, or ...

Google avoids breakup in search monopoly case

SAN FRANCISCO (AP) — A federal judge on Tuesday ordered a major makeover of Google's search engine in a crackdown aimed at curbing the corrosive power of an illegal monopoly, but rebuffed the U.S. government's request to break up the company. The 226-page decision made by U.S. District Judge ...

1.2 million immigrants gone from US labor force, preliminary data shows

It's tomato season and Lidia is harvesting on farms in California's Central Valley. She is also anxious. Attention from U.S. Immigration and Customs Enforcement could upend her life more than 23 years after she illegally crossed the U.S.-Mexico border as a teenager. "The worry is they'll ...

Tax on imported drugs risks higher prices and shortages

WASHINGTON (AP) — President Donald Trump has plastered tariffs on products from almost every country on earth. He’s targeted specific imports including autos, steel and aluminum. But he isn’t done yet. Trump has promised to impose hefty import taxes on pharmaceuticals, a category of ...

Fed governor’s lawyer says she’ll sue Trump to keep her job

WASHINGTON (AP) — Federal Reserve Gov. Lisa Cook will sue President Donald Trump's administration to try to prevent him from firing her, her lawyer said Tuesday. The announcement makes it more likely that a high-stakes legal battle will ensue that will probably end up at the Supreme Court, ...