ap business writer

NEW YORK | Starbucks to expand delivery in US, China

NEW YORK  — Starbucks is expanding delivery to more stores in the U.S. and China as it tries to accelerate growth in those two markets. The company says it will offer delivery from 2,000 U.S. stores by next summer through a partnership with Uber Eats. It isn’t yet saying which stores will offer it. In … Continue reading NEW YORK | Starbucks to expand delivery in US, China

NEW YORK | Up, down, back again: US stocks go on another dizzying ride

NEW YORK— U.S. stocks careened through another dizzying day Tuesday after indexes shot to big early-morning gains only to give them all up and then yo-yo between gains and losses. The S&P 500 was up modestly by late-afternoon trading. It’s the latest in a series of sharp turns in direction for the market, which has … Continue reading NEW YORK | Up, down, back again: US stocks go on another dizzying ride

US stocks tumble on US-China trade jitters, oil price slide

U.S. stocks tumbled in early trading Thursday following a sell-off in overseas markets, knocking more than 450 points off the Dow Jones Industrials Average. The broad market decline came as the arrest of a senior Chinese technology executive overshadowed some positive comments on trade from Beijing, threatening to worsen trade tensions between the U.S. and … Continue reading US stocks tumble on US-China trade jitters, oil price slide

NEW YORK | Investors hear 3 words they fear: inverted yield curve

NEW YORK — One of the most reliable warning signals for a recession just got a bit brighter. The signal is called the “yield curve,” and it shows how the bond market is feeling about the U.S. economy‘s long-term prospects. On Tuesday the yield curve signaled caution and, along with worries about global trade and … Continue reading NEW YORK | Investors hear 3 words they fear: inverted yield curve