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AP Top Business News at 12:13 p.m. EDT

EU calls Turkey's crackdown on media "worrying"
ISTANBUL (AP) -- The European Union and journalist associations expressed concern Thursday about a widening crackdown on media in Turkey, calling on Ankara to respect fundamental freedoms....

US homeownership rate of 62.9 percent matches a 51-year low
WASHINGTON (AP) -- The proportion of U.S. households that own homes has matched its lowest level in 51 years - evidence that rising property prices, high rents and stagnant pay have made it hard for many to buy....

Average US 30-year mortgage rate edges up to 3.48 percent
WASHINGTON (AP) -- Long-term U.S. mortgage rates edged higher this week for a second straight week. They still are near historically low levels to encourage potential homebuyers....

Ford's 2Q profit falls on trouble in US, China
DEARBORN, Mich. (AP) -- Ford Motor Co.'s net income fell 9 percent to $2.0 billion in the second quarter as the company struggled with flattening U.S. sales and a tougher market in China....

AP Newsbreak: US oil, gas applications could drop 40 percent
BILLINGS, Mont. (AP) -- U.S. officials say applications to drill for oil and gas on federal and Indian lands are expected to decrease 40 percent in coming years versus their historical average....

Stocks hesitate as investors work through earnings
NEW YORK (AP) -- Stocks were edging slightly lower Thursday, as investors worked through another batch of mixed earnings' results, including results from Facebook, Ford and Whole Foods....

Gig economy arrives in China (officially); ride-sharing a go
BEIJING (AP) -- China's Cabinet issued its first rules for ride-hailing and told local officials Thursday to promote the booming industry, confirming the legal status of Uber Technologies Inc. and local competitors following run-ins with regulators....

Applications for US jobless aid rise to still-low 266,000
WASHINGTON (AP) -- More Americans sought unemployment aid last week, but the number of applications was still at a low level that suggested hiring is healthy....

Initial Brexit shock is hurting UK _ but sparing eurozone
LONDON (AP) -- For years, Britain bragged about its economic performance, contrasting it with the neighboring eurozone, which was struggling with a series of financial crises and stagnation....

Chipotle says it plans to open burger restaurant
NEW YORK (AP) -- Chipotle is branching out from burritos and plans to open its first burger restaurant....

Business Video
Multimedia
Captains of industry: Comparing CEO pay and performance
Unemployment by the numbers
Up to the Minute
Watchdog: IMF response to European crisis "uneven"

Average US 30-year mortgage rate edges up to 3.48 percent

GNC CEO steps down, guidance suspended, shares plunge

US homeownership rate of 62.9 percent matches a 51-year low

Stocks hesitate as investors work through earnings

Secrets to choosing a good lease car

Railroads might have to let rivals serve their customers

Ford's 2Q profit falls on trouble in US, China

Markets Right Now: US stocks open lower

Applications for US jobless aid rise to still-low 266,000


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