Sycamore Partners finishes deal to take drugstore chain Walgreens private

DEERFIELD, Ill. (AP) — The by a private equity firm is complete, ending the drugstore chain’s run as a publicly traded company.

Asian shares track Wall Street's rally after Powell hints at rate cuts

BANGKOK (AP) — Asian shares advanced on Monday, tracking Wall Street’s rally after the head of the Federal Reserve hinted that cuts to interest rates .

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Fed Governor Lisa Cook claimed 2nd residence as 'vacation home,' undercutting Trump fraud claims

WASHINGTON (AP) — Federal Reserve Governor Lisa Cook referred to a condominium she purchased in June 2021 as a “vacation home" in a loan estimate, a characterization that could undermine claims by the Trump administration that she committed mortgage fraud.

Russia cuts interest rate to 17% as wartime economy slows while deficit grows

Russia's central bank cut its benchmark interest rate Friday by one percentage point to 17%, a step that could support the economy as growth slows and spending on the increases the budget deficit.

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European Central Bank expected to keep rates on hold as economy weathers Trump's tariffs

FRANKFURT, Germany (AP) — Inflation is back under control, and the European economy is weathering Trump's tariff onslaught better than expected. Those are reasons the European Central Bank is expected to keep its benchmark interest rate unchanged Thursday.

Musk loses crown as world's richest to software giant Larry Ellison in new Bloomberg ranking

NEW YORK (AP) — Oracle co-founder Larry Ellison wrested the title of the world's richest man from longtime holder Elon Musk early Wednesday, according to wealth tracker Bloomberg, as stock in his software giant rocketed more than a third in a stunning few minutes of trading.

Wall Street Says BUY GOLD, But... - Ad

While markets wobble, gold keeps smashing records-and banks say it's just beginning. Goldman urges "buy gold" to hedge trade wars; JPMorgan plans $6,000 an ounce and just took delivery of $4 billion in bullion. Yet past bull runs saw 13x-1,000x bigger gains without buying more gold.

Asian shares mostly rise as focus shifts to Fed's next move

TOKYO (AP) — Asian shares mostly rose Tuesday as hopes grew, also on Wall Street, that U.S. data reports set for release later in the week would lead the at its next meeting.

Asian shares rise after Japan's prime minister resigns

TOKYO (AP) — Asian shares mostly rose with Japan's benchmark jumping higher in Monday morning trading, despite the looming political uncertainty after Prime Minister Shigeru Ishiba announced last night he was stepping down as prime minister and head of his party.

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Americans would save $100B if credit card rates were capped as Trump proposed, researchers say

NEW YORK (AP) — Americans would save roughly $100 billion a year in interest costs if President Donald Trump’s at 10% were implemented, according to a paper published by Vanderbilt University on Thursday.

LOCALIZE IT: Trump wants to ax affordable housing grant that has supported 1.3 million homes

EDITORS/NEWS DIRECTORS:

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Asian benchmarks slip after US stocks sink and Japan faces political uncertainty

TOKYO (AP) — Asian shares declined Wednesday, echoing a fall on Wall Street, as political uncertainty took centerstage in Japan, making for cautious trading on the Tokyo Stock Exchange.

Asian shares are mixed and gold sets a fresh record high of over $3,550 per ounce

BANGKOK (AP) — The price of gold hit a new record and world shares were mixed on Tuesday after U.S. markets were closed for the Labor Day holiday.

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China's factory activity contracts in August despite extension of trade truce with US

BEIJING (AP) — China's factory activity contracted in August, marking five consecutive months of decline, according to an official survey released Sunday, after a trade truce between the U.S. and China for another 90 days.

Asian shares are mixed after stocks add a bit to their records on Wall Street

MANILA, Philippines (AP) — Asian shares were mixed on Friday as investors awaited a key U.S. inflation report and after helped propel the market to another all-time high.

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A look at Nvidia's latest results and its prominence in the stock market, by the numbers

Nvidia reported a 56% increase in second-quarter revenue Wednesday and a 59% rise in net income compared to a year ago. However, sales in its main data center division came in slightly below Wall Street estimates and the stock fell in after-hours trading.

Nvidia's quarterly report will gauge the temperature of the AI craze

SAN FRANCISCO (AP) — Artificial intelligence bellwether Nvidia is poised to release a quarterly report that's expected provide a better sense about whether the stock market has been riding on an overhyped bubble or whether it's being propelled by a technological boom that's still gathering momentum.

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Powell signals Fed may cut rates soon even as inflation risks remain

JACKSON HOLE, Wyo. (AP) — Federal Reserve Chair Jerome Powell on Friday opened the door ever so slightly to lowering a key interest rate in the coming months but gave no hint on the timing of a move and suggested the central bank will proceed cautiously as it continues to evaluate and other policies on the economy.

3 principles to invest by, whatever comes next

I recently opened a second-quarter investment account statement, not to euphoria—but relief.

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China is expanding into digital currencies, hoping to promote use of its 'people's money'

BANGKOK (AP) — China has been expanding use of digital currencies as it promotes wider use of its yuan, or renminbi, to reflect its status as the world's second-largest economy and challenge the overwhelming sway of the U.S. dollar in international trade and finance.

Fed minutes: Most officials worried about inflation moving higher

WASHINGTON (AP) — Most Federal Reserve officials said that the threat of higher inflation was a greater concern than the potential for job losses, leading the central bank to keep its key rate unchanged.

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Business News Digest

Here are the AP’s top business stories that have moved or are planned to move today. All times U.S. Eastern. For up-to-the minute information on AP’s coverage, visit AP Newsroom’s .

Asian shares are mixed in quiet trading as traders await cues from the Fed

BANGKOK (AP) — Shares were mixed in Asia on Tuesday after Wall Street held near its records, with traders awaiting fresh cues about interest rates from the U.S. Federal Reserve.

"Tech Prophet" Who Predicted the iPhone Now Predicts... - Ad

George Gilder - who predicted the iPhone 17 years early and gave Reagan the first microchip - is making his boldest call yet. He says an American nanotech "super-convergence" could mint more millionaires than any event in recent memory. He's found 3 stocks set to benefit before Oct 16's bombshell.

Clients Don't Want A Portfolio — They Want This Instead

Dave Ramsey Slams Caller's Plan To Buy Home With Immigrant Parents, Calls It Financially Not Sustainable And A Path To Lifelong Dependence

Dave Ramsey explains why buying a home with parents is not sustainable, and how to build lasting wealth through financial discipline.

The Tesla Shock Nobody Sees Coming - Ad

While headlines scream "Tesla is doomed"...Jeff Brown has uncovered a revolutionary AI breakthrough buried inside Tesla's labs. One that is helping AI escape from our computer screens and manifest itself here in the real world all while creating a 25,000% growth market explosion starting as early as October 23rd.

Asian shares are mixed after days of gains driven by hopes for US rate cuts

MANILA, Philippines (AP) — Asian shares were mixed on Thursday after days of gains driven by hopes for lower U.S. interest rates, while U.S. futures slipped.

Business News Digest

AP Business Digest