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Trader Tommy Kalikas works on the floor of the New York Stock Exchange, Thursday, March 15, 2018. (Associated Press)

Stocks end mostly lower as midday gains slip away

Stocks finished mostly lower Thursday in another choppy day of trading after a midday rally faded. Industrial and technology companies rose, but smaller companies and chemical makers skidded.
A for sale sign stands in front of a house, in Walpole, Mass., on Friday, Feb. 23, 2018. (Associated Press)

Long-term mortgage rates fall for first time this year

Long-term U.S. mortgage rates fell this week for the first time this year as the spring home buying season begins. The decline comes after nine straight weeks of increases that pushed borrowing costs higher.
In this March 6, 2018,  photo, Sen. Mike Crapo, R-Idaho, chairman of the Senate Banking Committee, joined by Sen. John Thune, R-S.D., left, and Senate Majority Leader Mitch McConnell, R-Ky., right, talks to reporters as the Senate moves closer to passing legislation to roll back some of the safeguards Congress put in place to prevent a repeat of the 2008 financial crisis, at the Capitol in Washington. (J. Scott Applewhite / Associated Press)

Senate passes Crapo’s bill easing banking rules

UPDATED: Thu., March 15, 2018, 6:02 p.m.

The Senate passed a bill penned by Republican Senator Mike Crapo of Idaho Wednesday designed to ease bank rules that were enacted to prevent a relapse of the 2008 financial crisis that caused millions of Americans to lose their jobs and homes.
Elizabeth Holmes, founder and CEO of Theranos, speaks Nov. 2, 2015, at the Fortune Global Forum in San Francisco. (Jeff Chiu / Associated Press)

Holmes surrenders Theranos, pays $500K after ‘massive fraud’

UPDATED: Wed., March 14, 2018, 3:30 p.m.

Elizabeth Holmes, a Stanford University dropout once billed as the “next Steve Jobs,” has forfeited control of Theranos, the blood-testing startup she founded, and will pay $500,000 to settle charges that she oversaw a “massive fraud.”
Microsoft Corp. sign outside the Microsoft Visitor Center in Redmond, Wash. (Associated Press)

Female Microsoft workers file 118 gender-bias complaints in 7 years; firm finds only 1 was ‘founded,’ lawsuit plaintiffs say

Female Microsoft employees in technical roles filed 118 complaints of gender discrimination with the company between 2010 and 2016, according to court documents. Microsoft’s internal investigation unit concluded just one of those complaints was “founded,” according to the documents filed by plaintiffs in an ongoing suit against the company.
Finished galvanized steel coils await shipment Feb. 15, 2013, at ArcelorMittal Steel's hot dip galvanizing line in Cuyahoga Heights, Ohio. President Donald Trumps tariffs are expected to raise prices for steel and aluminum in this country. That will help domestic producers and could create several hundred new steelworker jobs. (Mark Duncan / AP)

Tariffs lift hopes for jobs in American mill towns

In the heart of America’s diminished steel country, support for President Donald Trump’s tariffs on imports is broad and bipartisan. It is tempered, though, by a strong streak of realism.
People walk into an entrance to Macy's department store Oct. 25, 2017, at Garden State Plaza in Paramus, N.J. (Julio Cortez / AP)

February retail sales slip as auto, gas purchases fade

U.S. consumers spent less at auto dealers, gas stations and department stores in February, causing overall retail sales to slip 0.1 percent despite signs elsewhere of a robust economy and the tax cuts signed into law by President Donald Trump starting to take effect.