Estimated read time: 1-2 minutes
This archived news story is available only for your personal, non-commercial use. Information in the story may be outdated or superseded by additional information. Reading or replaying the story in its archived form does not constitute a republication of the story.
NEW YORK (AP) — Stocks are little changed in early trading on Wall Street, as investors try to anticipate when the Federal Reserve will raise interest rates. A government report on unemployment claims suggested the job market remains strong. Markets in Europe and Asia were mostly lower.
WASHINGTON (AP) — Fewer Americans applied for unemployment benefits last week. The Labor Department says weekly applications for unemployment benefits dropped by 6,000 to a seasonally adjusted 275,000. The less volatile four-week average increased by 500 to 275,750.
WASHINGTON (AP) — Expectations for U.S. consumer spending appear to have dimmed in July, as wholesalers cut their inventories slightly and sales fell. The Commerce Department says wholesale stockpiles slipped 0.1 percent, while sales dropped 0.3 percent. Inventories for autos, furniture and groceries advanced in July, while pharmaceutical drugs fell.
DETROIT (AP) — Fiat Chrysler is recalling more than 1.5 million trucks to fix problems with side-impact and driver's air bags. The bigger of two recalls announced today covers 1.35 million Ram 1500, 2500 and 3500 pickups and 3500, 4500 and 5500 Chassis Cabs, mainly in North America. They're from 2012 through 2014. The second recall covers 188,000 Ram Quad Cab pickups in the U.S. from 2014 and 2015.
NEW YORK (AP) — The company behind the Oreo and Cadbury brands says it plans to have 50 percent of its portfolio contain healthy snacks within the next five years. Mondelez (mahn-duh-LEEZ') International also says it's looking to simplify ingredients and nutritional information for its products as it develops new goods to meet consumer demand for healthier items. The company says healthy snacks currently comprise more than a third of its total revenue.
Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.