AP Business
Business and economic news from the Associated Press.
Latest stories
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Killing endangered wildlife is legal if they aren't the target, new Trump rule says
BILLINGS, Mont. (AP) — Killing endangered animals while logging a forest or building a dam would not be considered illegal unless the animals were specifically targeted, under a new interpretation of the Endangered Species Act by President Donald Trump's administration that marks a sea change in ...
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Why the Federal Reserve is lifting rates now, and what it means
WASHINGTON (AP) — About six weeks ago, Federal Reserve Chairman Kevin Warsh announced that a divided central bank was keeping its key interest rate unchanged.
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Brazil’s Lula announces 15% increase in flagship welfare payments ahead of key election
RIO DE JANEIRO (AP) — Brazilian President Luiz Inácio Lula da Silva signed a decree on Thursday increasing benefits under his flagship welfare program by 15%, weeks before the first round of the presidential elections.
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Judge orders Kennedy Center to provide 30 days’ notice before making any major physical changes
A federal judge has ordered the Kennedy Center to provide 30 days’ notice before making any major physical changes to the building, including demolishing it as President Donald Trump has threatened. U.S. District Judge Christopher Cooper said Thursday his ruling would “avoid any confusion on that...
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Prenatal appointments and no place to pump: Navigating pregnancy and postpartum needs at work
NEW YORK (AP) — The ambulance dispatch station where Heydi Fernandez waited for calls as an emergency medical technician didn't have a private place to pump breast milk when she returned to work three months after giving birth to her son.
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Caitlin Clark’s Nike signature shoe arrives Oct. 1, with 'Caitlin Blue' and 'Warning Code Yellow'
Caitlin Clark doesn't have much longer to wait for her first signature shoe to come out.
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Claims for unemployment benefits drop to 196,000, lowest since mid-July as layoffs remain low
WASHINGTON (AP) — The number of people applying for unemployment benefits dropped sharply last week, another sign that layoffs remain rare and most Americans enjoy job security.
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Serbia's President Vucic inaugurates assembly factory for Israel-made drones
BELGRADE, Serbia (AP) — Serbia's President Aleksandar Vucic said Thursday he has inaugurated an assembly factory for Israel-made drones in the Balkan country to boost its military.
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US mortgage rates brush 7%, weighing on buyers, sellers and further straining a bleak housing market
Home shoppers holding out for relief from rising mortgage rates may be in for a long wait.
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DoorDash and Uber Eats to offer delivery from US Costco stores
Costco said Thursday it's partnering with DoorDash to offer delivery from its U.S. warehouse stores.
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The king and AI: UK monarch Charles meets artificial intelligence leaders as safety concerns swirl
King Charles III has urged AI leaders to keep artificial intelligence under control and beneficial for people and the planet. On Thursday, he addressed executives from OpenAI, Anthropic, Google DeepMind, and Nvidia in Scotland. The meeting focused on AI's societal benefits amid concerns about its...
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Huawei unveils new chip technologies as Chinese firm steps up the AI race with Nvidia
BEIJING (AP) — Chinese technology giant Huawei launched new chip technologies in a challenge to global leaders such as Nvidia that highlights the narrowing gap between China and the U.S. in artificial intelligence.
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Takaichi shuffles Japan’s Cabinet to revive sagging support, keeps key ministers
TOKYO (AP) — Japan’s Prime Minister Sanae Takaichi reshuffled her Cabinet on Thursday in a bid to turn around her waning popularity, but retained key ministers as she pursues stronger ties with the U.S.
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US stocks rally to their best day in 6 weeks after oil prices and bond yields ease
The U.S. stock market rallied to its best day in six weeks after oil prices fell and pressure from the bond market eased. The S&P 500 jumped 1.1% Thursday for just its second rise in the last nine days. The Dow Jones Industrial Average added 0.6%, and the Nasdaq composite climbed 1.7%. Stocks got...
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Bank of England holds rates but appears ready to hike soon
The Bank of England is keeping the U.K.’s main interest rate unchanged at 3.75% even though inflation in the United Kingdom has risen to a five-month high as the fallout from the Iran war continues to ratchet up fuel prices. Like other central banks, the inflation outlook is key for the Bank of ...
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Leaders from Lebanon, France and Jordan to discuss struggling Lebanese military
BEIRUT (AP) — The heads of state of Lebanon, France and Jordan will meet Thursday in Paris as part of an effort to drum up support for the struggling Lebanese military.
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Carney embraces EU associate membership proposal as Trump pushes Canada closer to Europe
Canadian Prime Minister Mark Carney has embraced the prospect of his country becoming the European Union’s first associate member. He said Thursday that closer ties with the continent would ensure no country could control Canada’s markets or undermine its sovereignty. Carney’s speech to the Europ...
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Artists, promoters and venues have their own kind of power on troubled tours like Ed Sheeran's
LOS ANGELES (AP) — Concert promoters wield great power. Venue owners can too but they rarely choose to. And artists capable of filling stadiums like Ed Sheeran usually have approval over everything that happens under their name.
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LA news helicopter crashed in birthplace (and, arguably, epicenter) of 'eye-in-the-sky' reporting
Los Angeles has been a city viewed from above by news helicopters for nearly seven decades. When there was a wildfire, a mudslide or O.J. Simpson fleeing the police across its ribbons of highway, an “eye in the sky” tracked it and advised millions how to keep out of harm’s way. On Tuesday, one of...
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A global AI safety strategy depends on US-China cooperation. They each see the other as the problem
As concern rises over the risks of artificial intelligence, hopes for any kind of global approach on safety depend on cooperation between the U.S. and China. But the two superpowers seem only to have become more skeptical of each other’s AI strategy. AI governance is expected to be on the agenda ...
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OpenAI flags concerning new AI behavior and vows to track it more closely
OpenAI has disclosed six reports on unexpected or concerning behavior in artificial-intelligence models. The company is introducing a new framework to track and disclose instances of what it called “misalignment." This includes models acting without authorization or evading oversight. The announc...
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China’s porcelain city carries centuries-old heritage to a new generation
China’s Jingdezhen porcelain sites were inscribed on UNESCO’s World Heritage List in 2026. The city has been a center of Chinese porcelain-making for centuries, with techniques and traditions passed down through generations of artisans. Its porcelain heritage also reflects religious and spiritual...
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Todd Boehly and Mark Walter sell Chelsea shares, Clearlake now has full control
LONDON (AP) — Todd Boehly and fellow co-owner Mark Walter have sold their stakes in Chelsea, handing full control to Clearlake Capital, the English Premier League club said on Wednesday.
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House passes bill aimed at addressing impact of data centers on energy costs
WASHINGTON (AP) — The House overwhelmingly approved a bill Wednesday that aims to have artificial intelligence data centers pay for their substantial energy needs as lawmakers used what was expected to be their final day in Washington before the midterm elections to address a growing voter concern.
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Investment firm leader gets 11 years for Ponzi scheme that bilked dozens, including Travis Kelce
ST. LOUIS (AP) — The creator of a Texas-based investment company has been sentenced to 11 years in federal prison for his role in a Ponzi scheme that prosecutors say bilked 64 victims, including Kansas City Chiefs tight end Travis Kelce.
