Crypto expert reveals something that could shock you

Bitcoin just passed $111,000, but expert Juan Villaverde warns gains are shrinking each cycle. In 2013: +8,400%. 2017: +2,200%. Last cycle: just 1,100%. He says the smarter play is a smaller coin backed by Visa, PayPal, and used by Google. Full details are in his new report.

Business Lookahead

PAUL WISEMAN
June 11, 2025

AP Business 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 Coverage Plan.

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UPCOMING

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CONSUMER PRICES

DESCRIPTION: The Labor Department issues its May report on consumer prices. In April, inflation cooled year-over-year for the third straight month even after some of President Donald Trump's tariffs took effect, though economists and many business owners expect inflation will climb by this summer. Analysts forecast that prices ticked up last month, rising 2.4% compared with April's 2.3%.

UPCOMING: By 06/11/2025 12:00 a.m. EDT, Text, Photo

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SPAIN-RESTAURANT-OLDEST

DESCRIPTION: In the heart of Spain's capital, the famous Sobrino de Botín restaurant proudly holds the title of being the world's oldest restaurant. It opened its doors in 1725, having survived Napoleonic invasions, civil war and the Covid-19 pandemic, and today welcomes droves of eager tourists in Madrid every day. But a half-hour away, a small family-run restaurant says that it was founded 23 years before Botín, in 1702. Casa Pedro's owners are combing through local archives to prove what's asserted on their sugar packets and in their logo, and say they're getting close.

UPCOMING: By 06/11/2025 1:00 a.m. EDT, Video, DigitalPlans, Photo, Text

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FRANCE TECH SHOW

DESCRIPTION: Europe's premier tech show Vivatech opens in Paris, with Nvidia's Jensen Huang, French President Macron and others.

ON MERITS: By 06/11/2025 2:00 a.m. EDT, Video, Text, Photo, LiveVideo

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FOOD AID BY THE NUMBERS

DESCRIPTION: Big changes are being are being proposed to a food aid program as part of a President Donald Trump's tax-cut legislation. The Supplemental Nutrition Assistance Program provides monthly food benefits to about 42 million people in more than 22 million households. A look at the food aid by the numbers.

UPCOMING: By 06/11/2025 3:02 a.m. EDT, Text, Photo, DigitalPlans

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US-PHILANTHROPY-FEMA-NONPROFITS

DESCRIPTION: With concern and confusion over how the federal government will respond to disasters this summer, aid groups are readying to expand the ways they help communities after hurricanes, fires and other storms. President Donald Trump has repeatedly expressed his intent to overhaul FEMA, if not totally dismantle it. Nonprofits are preparing to take on more tasks and respond in new regions if FEMA is absent or weakened by staff cuts. But they also say their own capacities are diminished, due to the frequency of disasters and the loss of other federal grants, and donors warn they can't fill all gaps.

UPCOMING: By 06/11/2025 8:00 a.m. EDT, Text, Photo

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US--SENATE-FAA ADMINISTRATOR

DESCRIPTION: President Donald Trump's nominee to lead the Federal Aviation Administration will get a confirmation hearing Wednesday morning. Bryan Bedford will likely face tough questions about the deadly midair collision in January as well as the technical failings that disrupted the Newark airport this spring and the administration's expensive plan to overhaul the nation's air traffic control system. By Leah Askarinam and Josh Funk. With AP photos.

UPCOMING: By 06/11/2025 11:00 a.m. EDT, Text, Photo

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US CRYPTO-KIDNAPPING

DESCRIPTION: Two crypto investors charged in the kidnapping and torture of an Italian man for his Bitcoin are expected to be arraigned Wednesday in Manhattan criminal court.

UPCOMING: By 06/11/2025 12:00 p.m. EDT, Text, Photo

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