‘Please be careful.’ There are risks and rewards as crypto heavyweights push tokenization
By ALAN SUDERMAN AP Business Writer As cryptocurrencies become more intertwined with the traditional financial system, industry heavyweights are racing for a long-sought goal of turning real-world assets into digital tokens. “Tokenization is going to open the door to a…
More Americans shift money from checking and savings to accounts with investment income, study says
By JOSH BOAK Associated Press WASHINGTON (AP) — New research finds that more Americans are shifting their money from checking and savings accounts into financial vehicles that pay an investment income — a trend that helps to explain the resilience…
D-Day veteran and TikTok star ‘Papa Jake’ Larson dies at 102
By ANGELA CHARLTON Associated Press PARIS (AP) — D-Day veteran “Papa Jake” Larson, who survived German gunfire on Normandy’s bluffs in 1944 and then garnered 1.2 million followers on TikTok late in life by sharing stories to commemorate World War…
Pope Leo XIV renews his call for an immediate ceasefire in Gaza
By DARIO ARTALE Associated Press CASTEL GANDOLFO, Italy (AP) — Pope Leo XIV renewed his call on Sunday for an immediate ceasefire in Gaza, asking the international community to respect international laws and the obligation to protect civilians. “I once…
Wall Street hangs near records highs with most of the focus on earnings, dealmaking
By TERESA CEROJANO and MATT OTT Associated Press Markets on Wall Street quietly hovered at record levels before the bell Friday with most of the attention on the latest corporate earnings reports and dealmaking. Futures for the S&P 500, Dow…
After meeting with Trump, Nvidia CEO says the sale of AI chip is back on in China
By ELAINE KURTENBACH AP Business Writer BANGKOK (AP) — Nvidia’s CEO Jensen Huang says the technology giant has won approval from the Trump administration to sell its advanced H20 computer chips used to develop artificial intelligence to China. The news…
A Senate vote this week will test the popularity of DOGE spending cuts
By KEVIN FREKING Associated Press WASHINGTON (AP) — Senate Republicans will test the popularity of Department of Government Efficiency spending cuts this week by aiming to pass President Donald Trump’s request to claw back $9.4 billion in public media and…
Travelers may no longer be required to remove shoes before boarding a plane
By MICHELLE CHAPMAN AP Business Writer For the first time in almost 20 years, travelers may no longer be required to take off their shoes during security screenings at U.S. airports. The Transportation Security Administration is looking to abandon the…
Trump sets 25% tariffs on Japan and South Korea, and new import taxes on 12 other nations
By JOSH BOAK Associated Press WASHINGTON (AP) — President Donald Trump on Monday set a 25% tax on goods imported from Japan and South Korea, as well as new tariff rates on a dozen other nations that would go into…
Camp Mystic ‘grieving the loss’ of 27 campers and counselors following catastrophic Texas floods
By JIM VERTUNO and JOHN SEEWER Associated Press KERRVILLE, Texas (AP) — Camp Mystic says it is “grieving the loss” of 27 campers and counselors as the search continued Monday for victims of catastrophic Texas flooding over the Fourth of…