(Bloomberg) -- Apple Inc. is closing a retail store in China for the first time, marking a notable retreat in a market where the iPhone maker is striving to revive sales.Most Read from BloombergBudapest’s Most Historic Site Gets a Controversial RebuildSan Francisco in Talks With Vanderbilt for Downtown CampusCan This Bridge Ease the Troubled US-Canadian Relationship?Trump Administration Sues NYC Over Sanctuary City PolicyThe company said on Monday that it will shut its Parkland Mall store in the...

S&P 500 futures ticked up 0.3%, while Nasdaq futures added 0.5%, riding on hopes for upbeat results from mega caps this week that include Apple, Meta Platforms, Microsoft and Amazon. Yields on 10-year Treasuries inched up 3 basis points to 4.392%, having crept higher on Monday as markets braced for another steady decision on interest rates from the Federal Reserve. Futures imply a 97% chance the Fed would keep rates at 4.25%-4.5% at its meeting on Wednesday and reiterate concerns that tariffs will push inflation higher in the short term...

(Bloomberg) -- India has overtaken China to become the top source of smartphones sold in the US, after Apple Inc. shifted to assemble more of its iPhones in the South Asian country.Most Read from BloombergBudapest’s Most Historic Site Gets a Controversial RebuildSan Francisco in Talks With Vanderbilt for Downtown CampusCan This Bridge Ease the Troubled US-Canadian Relationship?Trump Administration Sues NYC Over Sanctuary City PolicyIn the quarter through June, India was the largest manufacturer...