Receive Breaking News updates as they occur
US manufacturing activity slowed slightly in July amid weaker export orders and a continued drag from falling oil prices, the Institute for Supply Management reported Monday. The ISM purchasing managers index on the manufacturing sector fell to 52.7 in July from 53.5 in June. Both new export orders and imports fell 1.5 percent.
DOHA, Qatar (AP) — Gulf Arab states on Monday welcomed the nuclear deal negotiated between Iran and world powers but said they would like further assurances that the U.S. would help them counter increasing Iranian assertiveness in the region.