Avie Schneider

The U.S. economy is slowing down, but it keeps creating jobs at a healthy pace. Employers added 164,000 jobs last month — as analysts had projected — and the unemployment rate held steady at 3.7%.

The White House called the brief talks in Shanghai this week between top U.S. and Chinese officials "constructive" and said negotiations are expected to pick up again in early September.

The U.S. growth rate fell to 2.1% in the second quarter amid a slowdown in exports. The Trump administration has targeted a growth rate of 3% or above, citing the Republican tax cuts passed in 2017.

Under a settlement with the Federal Trade Commission, the company will pay $5 billion and its co-founder could be subject to penalties if Facebook doesn't comply with the agreement.

Four months after its top-selling 737 Max airliner was grounded worldwide, Boeing announced a 35% drop in revenues and a loss of $2.9 billion in the second quarter.

The credit reporting agency will pay up to $700 million in fines and monetary relief to consumers over a 2017 data breach that affected nearly 150 million people.

Lawmakers in the Senate and House are questioning lobbyists and officials from Facebook, Google, Amazon and Apple on an array of issues, including whether they're so big they stifle competition.

FedEx has been caught up in the conflict between the Trump administration and Huawei Technologies. Now, the shipper is suing the government to block it from enforcing export regulations against FedEx.

The Trump administration announced Friday that it will delay tariffs on cars and auto parts imports while it negotiates trade deals with Japan and the European Union.

The Dow Jones Industrial Average and other major stock indexes plunged Tuesday after Trump administration officials accused Beijing of reneging on commitments it had already made in the talks.

The Trump campaign adviser and conservative pundit who came under criticism from lawmakers and economists has withdrawn his name from consideration to serve on the Federal Reserve Board.

The aircraft manufacturer said its profits fell 13 percent in the first quarter as it works through "this challenging time." Boeing said the 737 Max crisis has cost it $1 billion so far.

The Galaxy Fold was due to go on sale this Friday, but reviewers discovered bulges, flickering and other problems with its 7.3-inch screen. Samsung says it plans to run further tests.

As iPhone sales slow, Apple is rolling out Apple TV+, a service to compete with Netflix, Hulu and other streaming services. It's also offering a virtual credit card and a subscription news service.

The model has been involved in two deadly crashes in less than five months. An analyst says the crashes are unlikely to drastically affect Boeing's sales since the planes are ordered years in advance.

The economy added far fewer jobs than expected in February, a slowdown from much stronger gains in December and January. But the jobless rate fell to 3.8 percent, and earnings growth picked up.

The giant online retailer is closing all of its U.S. pop-up kiosks, which let customers try and buy gadgets such as smart speakers and tablets. It's the latest change in Amazon's retail strategy.

Gap also said it plans to close about 230 stores over the next two years. The moves are the latest signs of turmoil in the retail industry, as Sears and other chains struggle to stay afloat.

They say Microsoft's contract "crossed the line" into weapons development for the first time and that the company is failing to inform its engineers "on the intent of the software they are building."

The giant Kraft Heinz food company's stock dropped sharply Friday after it said its Kraft and Oscar Mayer brands are worth $15.4 billion less than previously stated.