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Worldwide stocks recover some ground at end of turbulent week

Global stock markets looked set to end a turbulent week on a positive note although worries about the U.S. economy and trade conflict have the potential to derail Friday’s recovery.

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Recession worries keep most world markets stymied or lower

Stocks remained stuck in a spin cycle Thursday, as worries about a recession collided with hopes that the strongest part of the U.S. economy — shopper spending — can keep going.

China threatens retaliation if US tariff hikes begin Sept. 1

China on Thursday threatened retaliation if Washington steps up its war over trade and technology by going ahead with planned Sept. 1 tariff hikes on additional Chinese imports.

Facebook paid contractors to transcribe Messenger audio clips

NEW YORK — Facebook has paid contractors to transcribe audio clips from users of its Messenger service, raising privacy concerns for a company with a history of privacy lapses.

Lowering earnings outlook, Macy’s sends ominous signal for retailers

Macy’s is lowering its annual earnings guidance after the department store struggled with a big earnings miss during the second quarter as it was forced to slash prices on unsold merchandise.

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