KRWG

Avie Schneider

Updated at 5:05 p.m. ET

A day after dropping more than 1,000 points, the Dow rebounded Friday to close up more than 300 points. But the index lost nearly 5 percent for the week as the markets focused on rising interest rates, inflation and ballooning government debt.

Updated at 4:55 p.m. ET

The stock market went on a wild ride again on Monday, with the Dow Jones industrial average closing down 1,175 points, its worst point drop in history. The Dow closed down 4.6 percent and turned negative for the year.

At one point Monday afternoon, the Dow was down 1,579 points — the largest intraday point drop in the history of the index.

Updated at 6:01 p.m. ET

Major stock indexes dropped sharply Friday, with the Dow Jones industrial average tumbling 666 points amid signs that wage growth is finally picking up.

The 2.6 percent drop in the Dow came as the Labor Department reported that 200,000 jobs were added to the economy last month, which was stronger than expected, and the unemployment rate stayed at 4.1 percent — the lowest since 2000.

Updated 12:55 a.m. ET Monday

People traveling through Atlanta's Hartsfield-Jackson International Airport struggled to get home Sunday after a power outage there forced hundreds of flight cancellations.

Officials announced that power had been fully restored to the airport shortly after midnight.

The power went out early Sunday afternoon and hundreds of flights at the world's busiest airport ended up canceled. Many travelers were stuck in grounded planes for hours.

The Thomas Fire in Southern California has raged for nearly two weeks, and on Saturday new evacuation orders were issued in Santa Barbara County as a local zoo made preparations to move some of its animals out of the danger zone.

The wildfire, which has burned 259,000 acres and destroyed more than 1,000 structures, is considered the third-largest in state history. Officials said about 18,000 homes and other buildings are threatened by the blaze, which is only 40 percent contained.

A Japanese maker of materials used in airplanes and car parts has admitted that one of its subsidiaries falsified quality-assurance data, the latest in a string of Japanese industrial giants to mislead customers.

Toray Industries said Tuesday that it had identified 149 instances of altered data between 2008 and 2016. The products involved affected 13 customers and included cords used for tires and car hose belts.

Updated at 10:03 p.m. ET

President Trump on Friday announced that Mick Mulvaney would become acting director of the Consumer Financial Protection Bureau, hours after outgoing Director Richard Cordray tapped his own interim successor.

Earlier Friday, the CFPB announced that Cordray had named Leandra English, the agency's chief of staff, as deputy director to take over the bureau.

Updated at 1:25 p.m. ET

Richard Cordray, the embattled director of Consumer Financial Protection Bureau, announced Wednesday that he will leave the agency by the end of November.

"I am confident that you will continue to move forward, nurture this institution we have built together, and maintain its essential value to the American public," Cordray wrote in an email to the agency's staff.

Updated at 4:11 p.m. ET.

The Dow Jones industrial average on Tuesday briefly topped 23,000 for the first time, crossing another milestone amid better-than-expected earnings reports and concerns that stocks are approaching another bubble.

But the 30-stock index ended the day at 22,997.44, up 40.48 points.

The Dow finished above 22,000 for the first time on Aug. 2.

Stanley Fischer is resigning early as vice chair of the Federal Reserve after three years at the central bank. His term was set to expire next June. Before becoming second in command to Fed Chair Janet Yellen, the former MIT economics professor served as head of the Bank of Israel and as a top official at the International Monetary Fund, the World Bank and Citigroup.

Updated at 3:55 p.m. ET.

Federal Reserve policymakers have raised their target for the benchmark federal funds interest rate by a quarter-point, to a range of 1 percent to 1.25 percent.

Uber will have to park its self-driving cars in California for now.

California's Department of Motor Vehicles on Wednesday said it had revoked the registrations of 16 autonomous vehicles owned by the ride-hailing company.

"We have stopped our self-driving pilot in California as the DMV has revoked the registrations for our self-driving cars," an Uber spokesperson said. "We're now looking at where we can redeploy these cars but remain 100 percent committed to California and will be redoubling our efforts to develop workable statewide rules."

The International Monetary Fund's executive board expressed its "full confidence" in IMF Managing Director Christine Lagarde on Monday, hours after she was found guilty of negligence for improperly overseeing a 2008 case when she was France's finance minister.

Lagarde has led the IMF since 2011.

Apple giveth, Apple taketh away.

Every year about this time, the tech giant unveils its latest iPhone. Company executives proclaim it the best iPhone yet. And fans can't wait to get their hands on the shiny new toys.

In the last leg of his diplomatic tour to win support for a coordinated effort against ISIS, French President Francois Hollande on Thursday secured a pledge of cooperation from Russian President Vladimir Putin.

NPR's Eleanor Beardsley reports for our Newscast unit:

"With both countries still reeling from ISIS-claimed attacks that killed hundreds of their citizens, Hollande traveled to Russia to ask President Vladimir Putin to focus his offensive against ISIS, and not other opposition groups to President Bashar al Assad.

Sometimes fast food just isn't fast enough. A new highly automated restaurant that opened in San Francisco on Monday looks to speed service through efficiency — you won't see any people taking your order or serving you at the Eatsa quinoa eatery.

Updated 1:39 p.m. ET July 24: NHTSA Investigating Chrysler Recall

Andy Greenberg was minding his own business, driving a Jeep Cherokee on the highway in St. Louis when the SUV's air vents suddenly started blasting cold air. Then the radio switched stations and began blaring hip-hop at full volume. Spinning the radio control knobs did nothing. Soon, the windshield wipers turned on and wiper fluid obscured Greenberg's view.

Then things started getting really interesting.

The U.S. economy keeps adding jobs at a steady pace, but the Labor Department report for June also shows more people are leaving the labor force and wages are not rising.

The economy added 223,000 jobs last month as unemployment fell to its lowest rate since 2008, the Labor Department said Thursday. The jobless rate dipped to 5.3 percent from 5.5 percent in May.

Beau Biden, Vice President Joe Biden's older son, has died after battling brain cancer, the vice president announced Saturday. Beau Biden, a former attorney general of Delaware, was 46.

"It is with broken hearts that Hallie, Hunter, Ashley, Jill and I announce the passing of our husband, brother and son, Beau, after he battled brain cancer with the same integrity, courage and strength he demonstrated every day of his life," Joe Biden said in a statement issued by the White House. Hallie Biden is Beau Biden's wife; Hunter and Ashley are his brother and half-sister.

Updated at 2:32 p.m. ET

As 2015 began, the U.S. economy posted its weakest performance in a year, growing at a 0.2 percent annual pace. That's a sharp slowdown from the fourth quarter and well below the 1 percent rate economists had projected.

What's in your home, always on, ready to listen to you and constantly adapting to the way you talk? Why, it's Amazon's Echo speaker. Think a less portable Siri or Google Now, but hands-free.

Are you ready to bring an eavesdropping device that's connected to the cloud into the privacy of your abode?

When Dr. Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases, hugged Dallas nurse Nina Pham on Friday it was as much to combat the stigma surrounding the deadly virus as to celebrate her being free of Ebola.

Fauci said it was an honor to treat Pham and get to know "such an extraordinary individual." Pham said she felt "fortunate and blessed" and put her trust "in God and my medical team."

Pham later met with President Obama in the Oval Office. The president and the nurse also hugged as news photographers captured the moment.