Keep This Stock on Your Watchlist
They're a private company, but the same firms that backed Uber, eBay, and Venmo already invested in Pacaso. They've even reserved their Nasdaq stock ticker.
New Zealand to allow some wealthy foreign investors onto property market
WELLINGTON, New Zealand (AP) — will relax a ban on in the country to allow some wealthy overseas business investors to buy a single high-value residential property, Prime Minister Christopher Luxon said Monday.
US economy grows 3.3% in second quarter, government says, in second estimate of April-June growth
WASHINGTON (AP) — The U.S. economy rebounded this spring from a first-quarter downturn caused by fallout from President Donald Trump’s trade wars.
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McKinsey says AI could add $4.4T annually. Microsoft, Salesforce, and early startups are racing ahead. But one small-cap with $3B processed and 88% margins is ready to launch its consumer agents.
What to know about the delisting of property developer China Evergrande's shares in Hong Kong
BANGKOK (AP) — Shares in were removed from the Hong Kong Stock Exchange on Monday, marking another step in the retreat of the giant real estate developer whose downfall contributed to a prolonged crisis in China's .
Fed Chair Powell faces fresh challenges to Fed independence amid potential rate cuts
WASHINGTON (AP) — Now that Federal Reserve Chair Jerome Powell has that the central bank could soon cut its key interest rate, he faces a new challenge: how to do it without seeming to cave to the White House's .
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Investors who rode C3.ai and SoundHound saw billions created overnight. The next wave? AI Agents. Acting, transacting, rewarding users, not just talking. $3B processed, 88% margins, launch in Q3 2025.
US and EU frame the ongoing deal between the trading partners and solidify some commitments
WASHINGTON (AP) — The United States and the European Union on Thursday issued a joint statement that frames the ongoing deal between and solidifies some trade commitments.
Business News Digest
AP Business Digest
$9 Target on a $1.50 Biotech. Time to Look Closer - Ad
This biotech is targeting a billion-dollar heart market. Analyst upside targets are in triple digit percentage gains.
Inflation or jobs: Federal Reserve officials are divided over competing concerns
WASHINGTON (AP) — One major question will be front and center for Federal Reserve policymakers as they prepare for an next week and a crucial policy meeting in September: Which is a bigger problem for the economy right now, or ?
Vietnam wants to be the next Asian tiger and it’s overhauling its economy to make it happen
HANOI, Vietnam (AP) — Beneath red banners and a gold bust of revolutionary leader Ho Chi Minh in Hanoi's central party school, declared the arrival of “a new era of development” late last year. The speech was more than symbolic— it signaled the launch of what could be Vietnam’s most ambitious economic overhaul in decades.
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Forget concrete. The new foundation for real estate success is digital, and Pacaso leads the way. Led by former Zillow execs, their tech hacks a $1.3T market by letting buyers co-own homes worldwide. They've already earned $110M in gross profits and reserved the Nasdaq ticker PCSO.
Business Lookahead
AP Business Digest
It's Trump's economy now. The latest financial numbers offer some warning signs
WASHINGTON (AP) — For all of President Donald Trump’s promises of an economic “golden age,” a this week told a potentially worrisome story as the impacts of his policies are coming into focus.
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When the former Zillow exec whose first venture sold for $120M starts a new company, people notice. No wonder the VCs behind Uber and eBay also backed Pacaso. Their platform sells fractions of premier properties, rewriting a $1.3T market. And it works, earning over $110M in gross profit to date.
European economy sees growth of only 0.1% as scramble to get ahead of US tariffs goes into reverse
FRANKFURT, Germany (AP) — Europe's economy barely grew in the April-June quarter as frantic earlier efforts to ship goods ahead of new U.S. tariffs went into reverse and output fell for the continent's biggest economy, Germany.
Business Lookahead
AP Business Digest
Keep This Stock on Your Watchlist - Ad
They're a private company, but the same firms that backed Uber, eBay, and Venmo already invested in Pacaso. They've even reserved their Nasdaq stock ticker.
Trump's tariffs could squeeze US factories and boost costs by up to 4.5%, a new analysis finds
WASHINGTON (AP) — As President prepares to announce new tariff increases, the costs of his policies are starting to come into focus for a domestic manufacturing sector that depends on global supply chains, with a new analysis suggesting factory costs could increase by roughly 2% to 4.5%.
Trump is getting the world economy he wants -- but the risk to growth could spoil his victory lap
WASHINGTON (AP) — President is getting his way with the world economy.
Keep This Stock on Your Watchlist - Ad
They're a private company, but the same firms that backed Uber, eBay, and Venmo already invested in Pacaso. They've even reserved their Nasdaq stock ticker.
US automakers say Trump's 15% tariff deal with Japan puts them at a disadvantage
WASHINGTON (AP) — U.S. automakers are concerned about President Donald Trump's at 15%, saying they will face steeper import taxes on steel, aluminum and parts than their competitors.
Companies pledge to invest more than $700 billion in Germany over the next 3 years
BERLIN (AP) — A group of dozens of companies pledged Monday to invest at least 631 billion euros ($733 billion) in Germany over the next three years, sending a signal of confidence in Europe's biggest economy as the new government tries to breathe new life into it.
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Asian shares mostly advance after Wall Street cruises to more records
MANILA, Philippines (AP) — Asian shares were mostly higher on Friday after Wall Street rose to records following better-than-expected updates on the economy and a mixed set of profit reports from big U.S. companies.
Cuban minister faces backlash for saying there are no beggars in Cuba
HAVANA (AP) — A Cuban minister sparked criticism Tuesday, including from the , after saying that there are no beggars in , only people disguised as such, and suggesting that those who clean windshields at crossroads have an “easy” life.
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This small-cap isn't hype. It's scaled. $3B+ in transactions. 1M+ live payments. Locked-in licensing revenue of $500k per year. Now it's about to roll out consumer AI agents, the real catalyst.
Nvidia is again Wall Street's most valuable company. How it got there, by the numbers
Nvidia reached another milestone in its rise to becoming one of the world's most important companies: the first publicly traded company to reach a market value of $4 trillion.
U.S. employers likely added 115,000 jobs last month as labor market continues to cool
The steady slowdown in U.S. hiring likely continued in June as President Donald Trump’s trade wars, federal hiring freeze and immigration crackdown weighed on the American job market.
4 Analysts. 4 Buy Ratings: Huge Potential Revaluation Ahead For This Biotech - Ad
This biotech is targeting a billion-dollar heart market. Analyst upside targets are in triple digit percentage gains.
U.S. economy shrank 0.5% between January and March, worse than earlier estimates revealed
WASHINGTON (AP) — The U.S. economy shrank at a 0.5% annual pace from January through March as President Donald Trump’s trade wars disrupted business, the Commerce Department reported Thursday in an unexpected downgrade from its previous estimate.
Americans' take on the economy sours in June and, after a brief respite, continues to slide
WASHINGTON (AP) — Americans’ view of the U.S. economy worsened in June, resuming a downward slide that had dragged consumer confidence to its lowest level since the COVID-19 pandemic five years ago.
The $4.4 Trillion Shift Few See Coming - Ad
McKinsey says AI could add $4.4T annually. Microsoft, Salesforce, and early startups are racing ahead. But one small-cap with $3B processed and 88% margins is ready to launch its consumer agents.
Middle East conflict threatens to exacerbate inflationary pressure on some things
Israel's has catapulted their long-running conflict into what could become a wider, more dangerous regional war and potentially drive prices higher for both businesses and households.
Syria's post-war economic recovery will require 'substantial' international support, IMF says
DAMASCUS, Syria (AP) — Syria will need “substantial international" support for its efforts to rehabilitate the economy, meet urgent humanitarian needs, and rebuild essential institutions and infrastructure, the International Monetary Fund said Tuesday.
Missed Chatbots? Don't Miss AI Agents - Ad
Investors who rode C3.ai and SoundHound saw billions created overnight. The next wave? AI Agents. Acting, transacting, rewarding users, not just talking. $3B processed, 88% margins, launch in Q3 2025.
U.S. hiring likely slowed to 130,000 new jobs last month amid uncertainty over Trump's policies
WASHINGTON (AP) — The American job market likely continued to slow last month, hobbled by worries over President Donald Trump’s trade wars, deportations and purges of the federal workforce.
Europe's central bank expected to lower interest rates as Trump's trade war threatens growth
FRANKFURT, Germany (AP) — Lower inflation and concern that will slow already modest growth have cleared the way for the European Central Bank to cut interest rates at Thursday's policy meeting, a step that would lower borrowing costs for consumers and businesses and promote economic activity.
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