We've Seen This Before... and It Didn't End Well

Strange events are unfolding in the global financial system. A monetary reset dubbed the "Mar-a-Lago Accord" is quietly in motion, and the financial elite are already taking protective action. If history is any guide, you could lose up to 40% of your wealth in the next two years. Move your money before it's too late.

Business News Digest

ALAN SUDERMAN
September 03, 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.

--------------------

UPCOMING

--------------------

GOOGLE-ANTITRUST

DESCRIPTION: What to know about a judge's ruling that will require Google to share data with competitors but won't force it to sell off its Chrome browser.

UPCOMING: By 09/03/2025 2:00 p.m. EDT, Text, Photo

___

--------------------

NEW AND DEVELOPING

--------------------

FINANCIAL MARKETS

Wall Street steadies itself as Alphabet pulls tech stocks higher

SUMMARY: Wall Street is steadying as Alphabet and other technology stocks rise. The S&P 500 added 035% Wednesday and was on track to break its two-day losing streak since setting its latest all-time high. The Dow Jones Industrial Average fell 188 points, and the Nasdaq composite rose 1%. Google's parent company was one of the strongest forces lifting the market after avoiding some of the worst-case scenarios in an antitrust case. Also helping to steady Wall Street was the bond market, where yields fell following a weaker-than-expected update on the U.S. job market. A day earlier, climbing yields worldwide raised the pressure on the stock market.

WORDS: 669 - MOVED: 09/03/2025 10:26 a.m. EDT

https://newsroom.ap.org/home/search?query=itemid:77290e080d845f9753590aaf3679ccd4&mediaType=text

___

WHATSAPP-SECURITY UPDATE

WhatsApp patches exploit allowing hackers to target Apple users

WORDS: 153 - MOVED: 09/03/2025 10:25 a.m. EDT

https://newsroom.ap.org/home/search?query=itemid:0e5081c3eeb44e47e39ddd38c29a6771&mediaType=text

___

US--BOEING-JUSTICE DEPARTMENT

Families of Boeing crash victims to make potential final plea for criminal prosecution

SUMMARY: A federal court hearing getting underway in Texas could be the final chance for families of some Boeing 737 Max crash victims to demand criminal prosecution of the company. U.S. District Chief Judge Reed O'Connor is set to hear arguments Wednesday in Fort Worth on a motion to dismiss a felony conspiracy charge against Boeing. The charge relates to crashes in Indonesia and Ethiopia that killed 346 people less than five months apart. Prosecutors allege Boeing deceived FAA regulators about a flight-control system later implicated in the crashes. Boeing agreed to plead guilty last year but struck a revised agreement with the Justice Department that removes the possibility of a trial.

WORDS: 902 - MOVED: 09/03/2025 10:21 a.m. EDT

https://newsroom.ap.org/home/search?query=itemid:395cb5273f88b0a1bec0ef633719abce&mediaType=text

___

US--POWERBALL JACKPOT

A $1.4B Powerball jackpot is up for grabs after 40 drawings without a winner

SUMMARY: An estimated $1.4 billion lottery jackpot will be up for grabs after dozens of drawings without a big winner. The massive Powerball prize is the sixth-largest U.S. lottery jackpot. It's the result of 40 consecutive drawings without anyone matching all of the game's six numbers. The 41st drawing on Wednesday night will be just one fewer than the record set last year. All of that losing stems from Powerball's abysmal odds of 1 in 292.2 million. The $1.4 billion jackpot is for a winner who opts to receive 30 payments over 29 years through an annuity. The game's cash option would pay out an estimated $634.3 million.

WORDS: 192 - MOVED: 09/03/2025 10:16 a.m. EDT

https://newsroom.ap.org/home/search?query=itemid:04433409fcf927590fbec599d806e252&mediaType=text

___

US-TRUMP-CRYPTO

Trump-backed bitcoin company begins trading on Nasdaq

SUMMARY: A bitcoin treasury and mining company linked to the Trump family has begun trading on the Nasdaq stock market. American Bitcoin's listing follows a merger with Gryphon Digital Mining. The company is backed by Donald Trump Jr. and Eric Trump. Eric Trump, a co-founder, calls the Nasdaq debut a historic milestone for bitcoin in U.S. capital markets. Public companies accumulating bitcoin as a corporate treasury has become a popular trend. American Bitcoin plans to use self-mining operations and opportunistic bitcoin purchases to stand out. The Trump family has shifted from real estate into crypto, launching several projects.

WORDS: 272 - MOVED: 09/03/2025 10:14 a.m. EDT

https://newsroom.ap.org/home/search?query=itemid:69fc9161fe037822e76b02c05f88a5df&mediaType=text

___

CB--JAMAICA-ELECTION

Jamaica holds general election as island shaken by corruption, inequity and economic concerns

SUMMARY: Jamaica is holding a general election that many believe could be a defining moment for an island shaken by corruption, inequity and economic concerns. Prime Minister Andrew Holness of the Jamaica Labor Party is seeking a third term in Wednesday's vote. Holness is running against attorney and longtime People's National Party leader Mark Golding. The Jamaica Progressive Party and the United Independents' Congress are also in the running. Nine independent candidates are also registered to contest the election in various constituencies. A total of 63 seats were up for grabs in Jamaica's House of Representatives on Wednesday.

WORDS: 807 - MOVED: 09/03/2025 10:12 a.m. EDT

https://newsroom.ap.org/home/search?query=itemid:66ff9dd2eb8464b7f6a63f684e2189cd&mediaType=text

___

US-JOB-OPENINGS

US job openings slip to 7.2 million in July, more evidence the American labor market is cooling

SUMMARY: U.S. employers posted 7.2 million job vacancies in July as the American labor market continued to cool. The Labor Department reported Wednesday that job openings were down from 7.4 million in June and came in modestly below what economists had forecast.The Job Openings and Labor Turnover Survey (JOLTS) showed that layoffs rose. The number of Americans quitting their jobs -- a sign of confidence in their ability to find better pay, opportunities or working conditions elsewhere -- was almost unchanged at 3.2 million from June.

WORDS: 347 - MOVED: 09/03/2025 10:09 a.m. EDT

https://newsroom.ap.org/home/search?query=itemid:f3dbebb204378f8119ad277b1916a7fc&mediaType=text

___

US--WPLACE-DRAWING MAP

Welcome to wplace: A chaotic, collaborative digital canvas where users 'paint the world'

SUMMARY: A new online platform called wplace invites users to "paint the world" on a massive digital canvas. This ever-evolving map allows people to create art using a limited number of pixels over time. Many team up to produce larger and more elaborate images. Users have painted tributes to pop culture and symbols of local identity, as well messages of protest and global conflicts. Experts say this reflects an ongoing desire for collaboration and expression in digital spaces. However wplace also faces challenges with content moderation. Some have raised concerns about hate speech, as well as frustrations about others "griefing" their artwork.

WORDS: 1308 - MOVED: 09/03/2025 9:50 a.m. EDT

https://newsroom.ap.org/home/search?query=itemid:345b5ca144417050ab5c455fa984643d&mediaType=text

___

CB--CARIBBEAN-US-VENEZUELA

Trinidad and Tobago leader praises strike and says US should kill all drug traffickers 'violently'

SUMMARY: Trinidad and Tobago's prime minister is praising a U.S. strike on a boat suspected of carrying drugs in the southern Caribbean. U.S. President Donald Trump said Tuesday that 11 people were killed aboard the boat that had departed Venezuela which is located near Trinidad and Tobago. Kamla Persad-Bissessar said late Tuesday that the pain and suffering cartels have inflicted on Trinidad and Tobago "is immense." She said that the U.S. military should kill all traffickers "violently." U.S. Secretary of State Marco Rubio said the drugs aboard the vessel were likely headed to Trinidad or elsewhere in the Caribbean.

WORDS: 403 - MOVED: 09/03/2025 9:44 a.m. EDT

https://newsroom.ap.org/home/search?query=itemid:f0529291209ffbf4162340df7860ba4c&mediaType=text

___

US--CLIMATE CHOICES-PHANTOM ENERGY

What is phantom energy? The hidden electricity drain explained

WORDS: 800 - MOVED: 09/03/2025 9:00 a.m. EDT

https://newsroom.ap.org/home/search?query=itemid:534aba8eb6866e8244204b6362f37daa&mediaType=text

___

EU--CZECH-GERMANY-TANKS

Czechs agree to buy 44 Leopard tanks from Germany in a $1.6 billion deal

WORDS: 153 - MOVED: 09/03/2025 8:13 a.m. EDT

https://newsroom.ap.org/home/search?query=itemid:f3ed86b998653a82d01f04cdf8dfc2ed&mediaType=text

___

MACY'S-RESULTS

Macy's quarterly profit and sales fall but it raises guidance with those declines limited

SUMMARY: Macy's reported lower profits and sales during the fiscal second quarter as the department store chain grapples with a still cautious consumer and higher costs from President Donald Trump's tariffs. But the results, announced Wednesday, beat Wall Street expectations and the department store chain, which operates Bloomingdale's, cosmetics chain Bluemercury and its namesake stores, posted a surprise increase in comparable sales-- those from established stores and online channels. Macy's said the figure marked the best performance for comparable sales in 12 quarters, underscoring that its efforts to improve customer service and merchandise are helping to get shoppers to spend. The company also boosted its financial outlook, though it said it still remains cautious for the year.

WORDS: 385 - MOVED: 09/03/2025 8:02 a.m. EDT

https://newsroom.ap.org/home/search?query=itemid:1b620a3c1fcb062d285960a34e87f351&mediaType=text

___

BEHIND THE WHEEL-PASSPORT VS 4RUNNER

Edmunds SUV comparison: New Honda Passport vs Toyota 4Runner

SUMMARY: The redesigned 2026 Honda Passport brings boxier styling, new features and more interior space to the automaker's midsize SUV. It's also suitable for some family adventure to go with its focus on comfort, offering two off-road-capable TrailSport trim levels. The Toyota 4Runner, meanwhile, has a hard-earned reputation for off-road capability, and its overhaul for the 2025 model year reinvigorated it with new styling, the latest technology features, and an available hybrid powertrain that promises increased performance without sacrificing mpg. Which one is the better buy for you? Edmunds' experts put them to test to find out.

WORDS: 883 - MOVED: 09/03/2025 6:43 a.m. EDT

https://newsroom.ap.org/home/search?query=itemid:a4d752402ddd445bb6445fd1a9df017c&mediaType=text

___

EU--CZECH-TOYOTA

Toyota announces $792m expansion of Czech plant to build new electric car

WORDS: 149 - MOVED: 09/03/2025 5:32 a.m. EDT

https://newsroom.ap.org/home/search?query=itemid:d652217bf5559aa816236ea8c1338a63&mediaType=text

___

AS--JAPAN-SUNTORY-RESIGNATION

Chief of Japanese beverage giant Suntory claims innocence after resigning over CBD supplement

SUMMARY: The former chief executive of Japanese beverage giant Suntory has acknowledged he was investigated on suspicion of possessing an illegal drug but has asserted his innocence despite resigning from his position. Takeshi Niinami told reporters Wednesday he has not broken the law. Police confirmed Niinami was under investigation without giving further details. Niinami says the case involves a CBD supplement made in the U.S. and sent to him by a friend who recommended it for jet lag. Niinami says he assumed the supplement was legal. Niinami oversaw a 2014 Suntory acquisition of Beam Inc. for $16 billion that included iconic brands such as Jim Beam Bourbon and Sauza Tequila.

WORDS: 357 - MOVED: 09/03/2025 5:23 a.m. EDT

https://newsroom.ap.org/home/search?query=itemid:e4531e629bebbf4875f0f6d631ef7e72&mediaType=text

___

US--TRUMP-HEALTH-MEDIA

US media quickly forced to revisit a thorny question: How should a president's health be covered?

SUMMARY: At President Donald Trump's news conference, Fox News' Peter Doocy asked something that surely baffled those who avoided social media over Labor Day: "How did you find out over the weekend that you were dead?" Doocy referred to questions about Trump's health that swirled through social media over the weekend. With a 50-minute appearance, Trump certainly put to rest rumors that he was dead or seriously ill. But for the news media, it quickly renewed questions about whether they were being diligent enough in investigating questions over a president's health -- a year after they dealt with the same issues with Joe Biden.

WORDS: 976 - MOVED: 09/03/2025 12:01 a.m. EDT

https://newsroom.ap.org/home/search?query=itemid:1541184240d9092f08159fa36a05a955&mediaType=text

___

Continue Reading...

Popular

Trump Slams Report Alleging Hundreds of FBI Agents Were Embedded in Capitol Riot Crowd

President Trump has expressed his indignation over a report suggesting the involvement of 274 undercover FBI agents during the Capitol riot on January 6, 2021.

Mining Earnings Could Drop 25 Percent From Nature-Related Risks, Report

With commodities like gold and silver becoming the leading performers year-to-date, financial markets have caught a precious metal bug again. Yet, the latest research shows that nature-related risks could undermine the sector’s earnings by as much as 25%.

Elon's $25 Trillion Confession - Ad

Elon Musk: "Tesla will become a $25 trillion company." That would make Tesla 8x bigger than Apple today. How is that possible? He admits it's all thanks to this one AI breakthrough that will take AI out of our computer screens and manifest a 250x boom here in the real world.

FBI Director Kash Patel Bought 2 Stocks In 2025 — One's Already A Meme Favorite

FBI Director Kash Patel was asked about two stocks he bought earlier this year by a member of Congress on Wednesday and gave a surprising answer. The transactions come as members of Congress are working on legislation to ban lawmakers and cabinet members from buying and selling stocks.

Asian shares trade mixed after US stocks set more records

TOKYO (AP) — Asian shares were trading mixed Tuesday in the absence of key market-driving news in the region, after a continued on Wall Street.

Trump's Radical Plans for the Dollar - Ad

The Fed just slashed rates... yet mortgages have already soared higher. Meanwhile, Trump has his own plan for the dollar - a radical upgrade to our currency, already moving more money than Visa and Mastercard combined. Tech investor Eric Wade calls it the "Smart Dollar."

Cathie Wood, Dan Ives Align On These 11 AI Stock Picks — Some Might Surprise You

Cathie Wood and Dan Ives have 11 stocks in common across ETFs. A look at the AI stocks the two key figures are betting on.

Bernie Sanders Rips Into Elon Musk's Tesla Pay Package — But Chamath Palihapitiya Fires Back, Defending It As 'Earned'

Sen. Bernie Sanders blasted Tesla's proposed $1 trillion pay package for Elon Musk as "insane," while Chamath Palihapitiya countered that Musk would only earn it through revolutionary products driving massive consumer adoption.

Is Elon's Empire Crumbling? - Ad

Jeff Brown - the legend who called Tesla and Nvidia early - says Elon is about to launch a $25T AI revolution. This isn't another chatbot. It's real-world AI that could 14X the impact of ChatGPT. But after October 23rd, it may be too late.

Howard Stern walks away from SiriusXM after two decades

NEW YORK (AP) — the popular radio host who gave a massive boost to the nascent satellite radio business when he signed a blockbuster, multimillion dollar contract for SiriusXM almost two decades ago, has abruptly left the company.

October 16 Changes the Microchip Game - and Investing - Ad

George Gilder-dubbed "America's #1 Futurist"-says while everyone's chasing AI, the real opportunity is in a 4-nanometer tech millions of times more complex. It's not another chip - it replaces them. Now built in Arizona, Gilder says 3 companies tied to this "super-convergence" could soar.

South Korean workers released after days of detention in Georgia return home

INCHEON, South Korea (AP) — A plane carrying more than 300 South Korean workers after days of detention in Georgia landed in South Korea on Friday.

The Tesla Shock Nobody Sees Coming - Ad

While headlines scream "Tesla is doomed"...Jeff Brown has uncovered a revolutionary AI breakthrough buried inside Tesla's labs. One that is helping AI escape from our computer screens and manifest itself here in the real world all while creating a 25,000% growth market explosion starting as early as October 23rd.

Trump Makes Chinese Stocks Great Again — Until Someone Mentions Tariffs

President Donald Trump's recent optimistic remarks on negotiations with China have given a boost to U.S.-listed Chinese stocks. 

[Revealed] Trump's Next AI Executive Orders? - Ad

A White House insider with direct ties to Trump's inner circle just revealed what he calls "Manhattan II" - a potential $2.2 trillion AI initiative set to launch as soon as Oct 15. He says this could mirror past U.S. projects that minted fortunes - with small firms soaring 5,000% to 10,000% over two decades. And now he's giving away his #1 stock pick for free before the deadline.

FanDuel agrees to pay Jaguars roughly $5M to offset losses from ex-employee's theft, AP source says

JACKSONVILLE, Fla. (AP) — FanDuel has agreed to pay the Jacksonville Jaguars roughly $5 million to help offset the nearly $20 million that a and deposited at the sportsbook, a person familiar with discussions said Friday.

Bank Of America Strategist Sounds Alarm On Potential AI Stock Market Bubble: 'It Better Be Different This Time'

Bank of America strategist Michael Hartnett has voiced concerns about a possible bubble in the AI stock market. This comes in light of valuation metrics reaching historic highs.

Gold Alert: Extraordinary Upside in One Stock (Not a Miner) - Ad

Gold has hit all-time highs, breaking $3,600 an ounce - but history shows it could be on the verge of its biggest bull run in over half a century... triggered by a likely major event, eerily similar to what happened in the 1970s. (It's NOT inflation or anything you're likely expecting.) Now, a top analyst says you can capture ALL of the upside without touching a risky miner or a boring exchange-traded fund. He sees extraordinary potential gains long term with very little risk.

Shortage of homebuyers forces many sellers to lower prices or walk away as sales slump drags on

LOS ANGELES (AP) — Skyrocketing housing values and a shortage of homes on the market gave homeowners the upper hand for years when it came time to sell. That’s no longer a given.

Is This Elon's Worst Nightmare? - Ad

Elon's empire looks doomed - crashing sales, lost tax credits, and media backlash. But behind the scenes, Tesla is about to unleash a breakthrough Forbes calls a "multi-trillion-dollar opportunity." It's not the end - it's the start of a 25,000% AI comeback.

Africa's solar energy potential makes for a bright future for renewable power

UPINGTON, South Africa (AP) — Deep in Northern Cape province, south of the Kalahari Desert, a beaming light towers above dozens of solar mirror panels.

New York City's Wealthiest Neighborhoods Witness 60% Rent Surge Since Pandemic

House rental rates in some of the wealthiest neighborhoods of New York City have surged by over 60% since the COVID-19 pandemic began, putting even high-income earners in a tight spot.

Jeff Brown: "I Warned You About Elon Musk..." - Ad

While everyone said Tesla was finished... On June 11, I predicted that we were on the cusp of one of the most shocking comebacks in Wall Street history. Sure enough, Tesla is now up 25% and recovered all 2025 losses. But this is just the beginning of Elon's $25 trillion breakthrough.

Shipping companies support a first-ever global fee on greenhouse gases, opposed by Trump officials

Nearly 200 shipping companies said Monday they want the world’s largest maritime nations to adopt regulations that include the first-ever global fee on greenhouse gases to reduce their sector’s emissions.

Labor Dispute Eases As UAW, GE Aerospace Agree On Tentative Pact

UAW members at GE Aerospace plants in Ohio and Kentucky reached a tentative deal, with a ratification vote set for Sept. 19.

We've Seen This Before... and It Didn't End Well - Ad

Strange events are unfolding in the global financial system. A monetary reset dubbed the "Mar-a-Lago Accord" is quietly in motion, and the financial elite are already taking protective action. If history is any guide, you could lose up to 40% of your wealth in the next two years. Move your money before it's too late.

Star Trek plans packed lineup for the franchise's 60th anniversary, with Lego sets and YouTube show

LOS ANGELES (AP) — Not many franchises have fueled society’s timeless fascination with the boundless possibilities of a utopian future like

Scott Bessent Heads To Madrid For High-Stakes Talks With China As TikTok Deadline Looms, Tariff Pressures Escalate

U.S. Treasury Secretary Scott Bessent will meet Chinese Vice Premier He Lifeng in Madrid next week for high-stakes talks on tariffs, agriculture and TikTok's looming U.S. divestment deadline, as trade tensions deepen with Chinese exports to the U.S. plunging 33%.

Elon's $25 Trillion Confession - Ad

Elon Musk: "Tesla will become a $25 trillion company." That would make Tesla 8x bigger than Apple today. How is that possible? He admits it's all thanks to this one AI breakthrough that will take AI out of our computer screens and manifest a 250x boom here in the real world.

Trump Ally Charlie Kirk Assassinated At Utah Event, FBI Releases Initial Suspect As Kash Patel Vows 'Transparency'

Conservative political activist Charlie Kirk was shot and killed on Wednesday while speaking at Utah Valley University in Orem, sparking a federal investigation that has taken an unusual turn with the FBI's public handling of suspect information on social media.

Canada's Carney heads to Mexico to discuss trade before a review of their US trade deal

TORONTO (AP) — Canadian Prime Minister Mark Carney heads to Mexico on Thursday in an effort to diversify trade as America’s neighbors brace for a review of the free trade deal with United States.

Trump's Radical Plans for the Dollar - Ad

The Fed just slashed rates... yet mortgages have already soared higher. Meanwhile, Trump has his own plan for the dollar - a radical upgrade to our currency, already moving more money than Visa and Mastercard combined. Tech investor Eric Wade calls it the "Smart Dollar."

FuelCell Energy Stock Jumps But Analysts Warn Shares Look Richly Valued

FuelCell Energy (NASDAQ: FCEL) saw big revenue jump in Q3, despite ongoing losses. JPMorgan analyst remains cautious, citing weak order momentum.

AstraZeneca's Fasenra Falls Short In Smoker's Lung Trial

AstraZeneca's Fasenra misses the primary COPD endpoint while Saphnelo's lupus trial shows significant improvements and consistent safety profiles.

Is Elon's Empire Crumbling? - Ad

Jeff Brown - the legend who called Tesla and Nvidia early - says Elon is about to launch a $25T AI revolution. This isn't another chatbot. It's real-world AI that could 14X the impact of ChatGPT. But after October 23rd, it may be too late.

Elon Musk's xAI Reportedly Lays Off 500 Workers From Data Annotation Team As Startup Pivots To Specialist AI Tutors For Grok Expansion

Elon Musk's xAI has laid off about 500 data annotators in a major restructuring, shifting focus to specialist AI tutors to accelerate Grok's development despite recently securing $10 billion in new funding.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright finstrategist.com
Privacy Policy | Terms of Service