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.

Senate approves White House economist Stephen Miran to serve on Federal Reserve board

WASHINGTON (AP) — The Senate has approved one of President Donald Trump’s top economic advisers for a seat on the Federal Reserve’s governing board, giving the White House greater influence over the central bank just two days before of reducing its key interest rate.

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Harvard Business School graduate arrested on charges he cheated fellow alums out of over $4 million

NEW YORK (AP) — A Harvard Business School graduate was arrested Thursday on fraud charges alleging he swindled fellow alumni of the prestigious school out of over $4 million in a Ponzi scheme, even assuring one investor they would soon “brag” about their “crazy gains” at the school's reunion.

Bank of England holds main UK interest rate at 4% with inflation above target

LONDON (AP) — The Bank of England held its main interest rate at 4% on Thursday as U.K. inflation concerns weigh on policymakers.

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Asian benchmarks are mixed after Wall Street edges down from record highs

TOKYO (AP) — Asian shares traded mixed Wednesday after U.S. stocks edged down from record highs and as market focus turned to expectations for the Federal Reserve's .

The surprising truth about dividend growth stocks

Dividend growth investing isn’t about maximizing current income, nor should it be confused with traditional growth investing. In fact, the currently falls on the value side of the US stock market.

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Trump administration renews push to fire Fed governor Lisa Cook ahead of key vote

President Donald Trump’s administration renewed its request Sunday for a federal appeals court to let him fire from the Federal Reserve’s board of governors, a move the president is seeking ahead of the central bank’s vote on interest rates.

Business News Digest

AP Business Digest

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Average rate on a 30-year mortgage falls to lowest level in nearly a year

The average rate on a 30-year U.S. mortgage fell this week to its lowest level in nearly a year, reflecting a pullback in Treasury yields ahead of an cut from the Federal Reserve next week.

High-Earning Individuals Are Ditching Traditional Wealth Managers In Favor of an All-in-One AI-Powered Platform That Charges $0 AUM Fees

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Robinhood joins new band of companies calling the S&P 500 their home

Online broker Robinhood Markets will join the S&P 500 index after riding the popularity of cryptocurrencies to profitability and an all-time high stock price.

401(k)-Created Millionaires Reached Another Record High — IRA Contributions Rise For Gen X And Boomers

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Asian shares are higher after Wall Street steadies itself as Alphabet rallies

MANILA, Philippines (AP) — Shares in Asia mostly traded higher Thursday after a rally of technology stocks and a slide in the dollar made Asian assets more attractive.

Business News Digest

AP Business Digest

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Business News Digest

AP Business Digest

Dave Ramsey Tells Divorced Dad Earning $86,000 To Ditch Mobile Home, Pay Off Truck Debt, Save For A Real House That Builds Wealth

Dave Ramsey advises divorced father on mobile home struggles, urges debt payoff, emergency savings for long-term financial stability.

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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 .

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.

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Asian shares are mixed after US stocks creep higher ahead of Nvidia earnings report

MANILA, Philippines (AP) — Asian shares were mixed Thursday after modest gains on Wall Street lifted the S&P 500 to another all-time high ahead of computer chip maker highly anticipated earnings report.

Asian shares post modest gains after Wall Street nears more records

BANGKOK (AP) — Shares logged modest gains Wednesday in Asia after Wall Street benchmarks ended just below their records following a day of choppy trading.

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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 .

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.

Discover 3 Stocks Projected to Dethrone Nvidia (NVDA) - Ad

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Walmart reports solid second-quarter sales and profits despite a challenging tariff environment

NEW YORK (AP) — Walmart Inc. reported increases in second-quarter profits and sales Thursday as it continues to pull in price-sensitive shoppers for everyday essentials like groceries despite a challenging tariff environment.

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.

Analysts Project This Stock Could Jump to $14 a Share. You Can Still Invest for $3.50. - Ad

The AI company making heart disease easier to detect is offering investors $3.50 investment units that include one convertible preferred share and one warrant, providing investors with access to 2 common shares. Based on analyst 1- year projections, that amounts to a near-term 500% return potential.

Dave Ramsey Warns Against Selfish Wealth: Says Generosity Fuels Bigger Success, Stronger Marriages, Greater Trust

Ramsey warns against selfish entrepreneurs who hoard wealth, saying it limits growth and relationships. Generosity builds trust and strengthens marriages. He also advises against starting a business without experience and warns against being heavily in debt while earning no personal income.

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 .