Walmart raises profit expectations as more Americans hunt deals in sluggish economy

NEW YORK (AP) — Walmart delivered another standout quarter, posting strong sales and profits that blew past Wall Street expectations as it wins over more cash-strapped Americans who have grown increasing anxious about the economy.

Asian shares retreat in cautious trading ahead of Nvidia profit report

TOKYO (AP) — Asian shares retreated in cautious trading Wednesday ahead of an earnings report from that is seen as a bellwether for the recent craze for artificial intelligence technology.

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Asian shares advance after a retreat on Wall Street

BANGKOK (AP) — Asian shares mostly advanced on Tuesday after U.S. stocks gave back some of last week’s rally, pressured by rising global bond yields.

Asian shares are mixed as steady bond yields, rebound for bitcoin push US stocks higher

BANGKOK (AP) — Asian shares were mixed Wednesday after stocks on Wall Street held steadier as both bond yields and stabilized.

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US futures slip and Asian stocks are mixed, while oil prices surge more than $1 a barrel

BANGKOK (AP) — Asian shares began the week mixed, with Tokyo’s benchmark falling nearly 2% on Monday after the release of data showing weak factory activity, while U.S. futures fell.

China's factory activity contracts for 8th month in November despite trade war truce

HONG KONG (AP) — China’s factory activity contracted for the eighth straight month in November, according to an official survey on Sunday, underscoring challenges for the country’s economy despite the U.S.-China trade truce.

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Bolivia's new president plans to scrap taxes and borrow money to confront economic crisis

LA PAZ, Bolivia (AP) — said Tuesday he planned to scrap a ream of taxes, in one of his first moves since becoming the nation's first conservative leader in nearly two decades in a .

Consumer confidence slides as Americans grow wary of high costs and sluggish job gains

WASHINGTON (AP) — U.S. consumers were much less confident in the economy in November in the aftermath and amid and stubborn inflation.

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Millions Of Americans Carry More Credit Card Debt Than Emergency Savings

Federal Reserve officials divided on interest rate cuts, adding uncertainty for a December cut. Americans lack emergency savings as holiday spending and financial stress peak.

Asian stocks track Wall Street's drop, erasing previous day's gains

MANILA, Philippines (AP) — Asian stocks on Friday tracked in skittish trading, with the region’s major benchmarks erasing the previous day’s gains.

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New study shows global luxury shoppers are spurning high-end brands over steep price hikes

MILAN (AP) — Global sales of are forecast to contract for the second straight year, as well-heeled shoppers rebel against extravagant price hikes on ho-hum offerings and global turmoil shakes confidence, according to a new study by consultancy released on Thursday.

Nvidia's earnings attest to its leadership in the AI race. By the numbers

Nvidia reported for its fiscal third quarter Wednesday, with net income jumping 65% and revenue increasing 62% from a year earlier.

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Brazil's central bank shuts down $16-billion bank following federal fraud investigation

SAO PAULO (AP) — government on Tuesday shut down Banco Master, a bank worth up to $16 billion in assets, following a sprawling federal police fraud investigation.

US has warned others to avoid loans from Chinese state banks. But it's the biggest recipient of all

WASHINGTON (AP) — For years, Washington has been warning others not to trust loans from Chinese state banks fueling its rise as a superpower. But a new report reveals an ironic twist: The United States is the biggest recipient of all — by far. And the security and technology implications have yet to be fully understood.

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Why did federal agencies receive orders to "clear the runway" for a phenomenon most Americans haven't even heard of yet? And why are billionaires rushing in weeks before January 1? Whitney Tilson decoded the pattern.

Clients Trust AI With Pocket Change — Not Their Retirement Savings

AI partnerships are dominating news, but trust is still key. People trust AI with small investments but want humans for retirement. Future is AI-advisor hybrid.

A slowing wartime economy pushes the Kremlin to tap consumers for revenue

After two years of robust growth fueled by military spending on Russia’s economy is slowing. , the budget deficit is up and defense spending has leveled off.

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2 Federal Reserve officials oppose an interest rate cut in December

WASHINGTON (AP) — Two Federal Reserve officials expressed opposition Wednesday to another interest rate cut at the central bank's next meeting in December, the outlook for the Fed's next steps.

Kevin O'Leary Explains Why Marriages Are A Lot Like Business

Marriage is like a business, says O'Leary. Financial partnership is key for long-term success, as money stress is top cause of divorce. Prenups can protect individual wealth.

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Qatar Airways to sell its holdings in Hong Kong's Cathay Pacific for $896 million

DUBAI, United Arab Emirates (AP) — Qatar Airways will sell its stake in Hong Kong-based Cathay Pacific Airways in a share buyback valued at $896 million, the companies announced, ending the Qatari carrier's .

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Snack Wraps' return helps boost McDonald's third quarter sales

McDonald’s sales got a lift from in the third quarter.

Trump administration and private investors sign off on $1.4 billion deal with rare earth startups

WASHINGTON (AP) — The Trump administration and private investors are partnering with two rare earth startups in a $1.4 billion deal to scale up the nation's access to materials and technology that is crucial for producing an array of high-tech goods and military equipment.

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Asian shares trade mixed after AI darlings prop up Wall Street

TOKYO (AP) — Asian shares were trading mixed on Tuesday after overseas markets got a big lift from optimism over AI technology.

The Advisor's New Role: 'Chief Risk Officer'

Markets entered bear territory in April, then hit record highs. Investors are anxious due to uncertainty and seek advisors as chief risk officers.

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Apple delivers strong quarter despite iPhone sales slowdown and ongoing artificial technology issues

SAN FRANCISCO (AP) — Apple's iPhone sales growth decelerated during its summertime quarter, but the trendsetting company still delivered financial results that exceeded analyst projections while continuing its efforts to catch up to its Big Tech peers in the artificial intelligence race.

Banks and retailers run short on pennies as the US Mint stops making them

NEW YORK (AP) — The United States is running out of pennies.