The Most Important "AI Stock" You've Never Heard Of
The AI revolution is moving faster than anyone expected. But what no one is talking about is the one company AI simply can't exist without. It may be the single most important AI investment, yet most people don't even know its name. For now. The moment Wall Street catches on, this $20 stock could explode.
China orders banks to boost lending, credit card use to get consumers to spend more
BANGKOK (AP) — China has ordered banks and other financial institutions to encourage more consumer financing and use of credit cards as part of a campaign to get people to spend more.
Trump is set to announce 'reciprocal' tariffs in a risky move that could reshape the economy
WASHINGTON (AP) — After weeks of White House hype and public anxiety, President Donald Trump is set Wednesday to announce a barrage of self-described on friend and foe alike.
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Lebanon appoints new central bank governor as it works to climb out of economic crisis
BEIRUT (AP) — Lebanon appointed asset manager Karim Souaid to the post of central bank governor Thursday as the tries to reform the economy after months of war and decades of mismanagement and corruption.
Copper prices have soared as the US threatens tariffs on the metal and China boosts its economy
NEW YORK (AP) — Copper prices have hit record highs as an ongoing trade war between the U.S. and its key trading partners threatens to squeeze supplies of the vital metal.
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Stock market today: Asian shares are mixed after Wall Street falls back ahead of Fed rate decision
TOKYO (AP) — Asian shares were mixed Wednesday ahead of a decision on interest rates by the U.S. Federal Reserve.
US shoppers modestly increased spending last month as concerns rise about economic outlook
WASHINGTON (AP) — US shoppers stepped up their spending a just bit in February after , signaling that Americans are spending more cautiously as concerns about the direction of the economy mount.
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Business News Digest
AP Business Digest
Hungary's leader orders price controls on basic foods as inflation spikes
BUDAPEST, Hungary (AP) — Hungary's government will limit the profit margin for grocers on a number of basic food items, the prime minister said on Tuesday, a response to growing inflation hitting consumers in the Central European country.
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Stock market today: Asian stocks are mixed as week starts with uncertainty over tariffs
BANGKOK (AP) — Asian stocks got a mixed start to trading Monday as uncertainty persisted over what President will do with tariffs.
US economic worries mount as Trump implements tariffs, cuts workforce and freezes spending
WASHINGTON (AP) — With his , government and spending , there are growing worries President may be doing more to harm the U.S. economy than to fix it.
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Mortgage rates are declining, finally, but may hover at an uncomfortable level
LOS ANGELES (AP) — Mortgage rates have been , helping encourage prospective home shoppers just as the spring homebuying season gets going.
Trump, tariffs and potential European defense surge loom over European Central Bank meeting
FRANKFURT, Germany (AP) — The impact of a with the United States and massive increases in European defense spending and government borrowing loom over a policy meeting Thursday at the European Central Bank, which is expected to cut interest rates by a quarter percentage point.
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Asian shares fall after Wall St retreats on fears over hit to the US economy from Trump's tariffs
BANGKOK (AP) — Shares opened lower Tuesday in Asia after U.S. stocks fell sharply just ahead of a new round of higher tariffs imposed by U.S. President .
Stock market today: Asian shares skid, hit by AI doubts and Trump tariff hikes
BANGKOK (AP) — Shares retreated Friday in Asia, with benchmarks in Japan, Hong Kong and South Korea falling more than 2% after Wall Street indexes fell sharply on doubts over the frenzy around technology.
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Asian shares are mixed after US stocks tumble on worries over tariffs
BANGKOK (AP) — Asian shares were mixed on Monday after U.S. stocks fell sharply as reports showed the economy may be suffering as consumers and businesses fret over policies.
Germany's government slashes its economic growth forecast for this year to 0.3%
BERLIN (AP) — The German government on Wednesday slashed its 2025 growth forecast for the country's economy, Europe's biggest, to just 0.3% for two consecutive years.
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Next week: General Motors earnings, Fed policy meeting and the government's first Q4 GDP estimate
A look at some of the key business events and economic indicators upcoming next week.
Trump’s inheriting a solid economy, making it harder to lower borrowing costs or inflation
WASHINGTON (AP) — President Donald Trump has pledged cheaper prices and lower interest rates, but an economy transformed by the pandemic will make those promises difficult to keep.
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Why are interest rates rising when the Fed has been cutting them?
NEW YORK (AP) — What’s shaking Wall Street seems so backwards.
Germany's economy shrank for the second consecutive year in 2024
BERLIN (AP) — The German economy, Europe's biggest, shrank for the second consecutive year in 2024, according to preliminary official figures released Wednesday weeks before in which the economy is the top issue.
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Stock market today: Asian shares are mostly lower after Wall St holds firm
BANGKOK (AP) — Asian stocks were mostly lower on Thursday after U.S. stock indexes finished mixed a day after strong reports on the economy stirred up worries that inflation and interest rates may remain higher than expected.
Here are some of China's New Year resolutions to boost its economy
BANGKOK (AP) — China’s leaders are bracing for shocks to the economy from threatened by U.S. President-elect Donald Trump once he takes office.
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An analyst looks ahead to how the US economy might fare under Trump
WASHINGTON (AP) — President-elect Donald Trump won a return to the White House in part by promising big changes in economic policy — more tax cuts, huge tariffs on imports, mass deportations of immigrants working in the United States illegally.
Trump was poised to inherit a strong economy. Then things got rocky and he added to the uncertainty
WEST PALM BEACH, Fla. (AP) — The smooth economy that Donald Trump was poised to inherit suddenly looks a bit rockier — with critics saying the president-elect is contributing to the uncertainty.
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Macao's casino boom brings wealth but at a cost, 25 years since China's takeover
MACAO (AP) — When Portugal in 1999, coffee shop owner Daniel Chao was a first grader living in a different world.
Federal Reserve is set to cut key rate but consumers might not feel much benefit anytime soon
WASHINGTON (AP) — Federal Reserve officials on Wednesday will likely signal a slower pace of interest rate cuts next year compared with the past few months, which would mean that Americans might enjoy only slight relief from still-high borrowing costs for mortgages, auto loans and credit cards.
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