Trump Signs Law to Launch Dollar 2.0

Trump just signed law S.1582, unleashing the biggest money shift in 100+ years. For the first time since 1913, private firms - not the Fed - can mint a "Dollar 2.0." Treasury says it could drain $6.6T from banks and pay 10X current savings rates. Early investors in minting firms could see 40X returns by 2032.

AP Business News Digest

JOVANA GEC
November 11, 2025

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.

Japan-SoftBank

Japan's SoftBank says it has sold its shares in Nvidia for $5.8 billion, turning its focus to OpenAI

SUMMARY: Japanese technology giant SoftBank says it has sold its stake in Nvidia, raising $5.8 billion to pour into other investments. Tokyo-based SoftBank Group Corp. said it sold the stake in October. It reported its profit in April-September soared to almost triple what it was a year earlier thanks to gains in its investment in Chat GPT creator OpenAI. SoftBank is a major investor in the $500 billion Stargate project in the U.S. The company's fortunes tend to fluctuate depending on its investments in a range of ventures, including through its Vision Funds. SoftBank's stocks have about doubled in the past year. They gained nearly 2% on Tuesday.

WORDS: 427 - MOVED: 11/11/2025 2:40 a.m. EST

https://newsroom.ap.org/detail/JapansSoftBanksaysithassolditssharesinNvidiaforbillionturningitsfocustoOpenAI/d8a10172850628c317a214280a4d94c9/text

___

Financial Markets

Wall Street points lower before the opening bell as selling of AI shares weigh on sentiment

SUMMARY: Wall Street pointed lower in premarket trading as artificial intelligence stocks weighed on markets following Monday's big rally. Futures for the S&P 500 lost 0.3% while futures for the Dow Jones Industrial Average were flat. Futures for the Nasdaq, where most of the Big Tech companies trade, fell 0.5%. Nvidia shares slid 2% after technology giant SoftBank Group Corp. announced that it had sold its entire stake in artificial intelligence chipmaker Nvidia last month for $5.83 billion. Softbank shares fell 2%. There is widespread belief that technology stocks have shot too high due to the mania for artificial intelligence.

WORDS: 568 - MOVED: 11/11/2025 1:06 a.m. EST

https://newsroom.ap.org/detail/WallStreetpointslowerbeforetheopeningbellassellingofAIsharesweighonsentiment/e6aea0a5dcacc6087c492a0537ed6c40/text

___

US--Government Shutdown-Airlines

Air travelers face frustration as FAA's further drop in flights takes effect

SUMMARY: Air travelers could face more frustration as U.S. airports need to meet a higher FAA target for reducing flights. The FAA ordered airlines to drop 4% of flights at 40 major airports due to staffing issues. After canceling over 7,900 flights since Friday, the goal rises to 6% on Tuesday and 10% on Friday. More than 1,100 flights have been canceled as of Tuesday. Controller shortages continue to cause delays, with freezing weather adding to the disruptions. The Senate passed legislation to reopen the government, but the bill still needs House approval.

WORDS: 700 - MOVED: 11/11/2025 12:05 a.m. EST

https://newsroom.ap.org/detail/AirtravelersfacefrustrationasFAAsfurtherdropinflightstakeseffect/2535828689edac07e693c2e54a2f5f16/text

___

US--Philanthropy-Shutdown-Volunteers

Everyday volunteers are providing stopgap services during the shutdown in a show of community power

SUMMARY: Everyday people are improvising stopgap efforts to support their communities through the longest government shutdown in U.S. history. Whether feeding hungry families or maintaining local museum tours, volunteers nationwide are strengthening social ties that they hope will continue making their neighbors whole in the face of persistent precarity. And the community engagement isn't slowing down even as lawmakers approach a deal to reopen the government. Hale Morrissette, who co-founded a Pensacola Grocery Buddies program to fight food insecurity, finds that "everybody's stepping up." She says "they know that this is not something that's like a partisan type of issue. It's about service and it's about taking care of each other."

WORDS: 1072 - MOVED: 11/11/2025 8:01 a.m. EST

https://newsroom.ap.org/detail/Everydayvolunteersareprovidingstopgapservicesduringtheshutdowninashowofcommunitypower/efd96724c418e31f6cc96c974ba5d215/text

___

US--Government Shutdown-Economy

Shutdown leaves a mark on an already-struggling economy, from lost paychecks to canceled flights

SUMMARY: The longest federal government shutdown in U.S. history appears to be nearing an end, but not without leaving a mark on an already-struggling economy. About 1.25 million federal workers missed at least one or two paychecks. Thousands of flights have been canceled. Government contract awards have slowed and some food aid recipients have seen their benefits interrupted. Most of the lost economic activity will be recovered when the government reopens, as federal workers receive back pay. But some canceled flights won't be retaken, missed restaurant meals won't be made up, and some postponed purchases by workers will not happen at all.

WORDS: 1157 - MOVED: 11/10/2025 6:31 p.m. EST

https://newsroom.ap.org/detail/Shutdownleavesamarkonanalreadystrugglingeconomyfromlostpaycheckstocanceledflights/826406b1083b262cad78338bc99f103b/text

___

China-Auto Sales

China's car sales slow in October as some trade-in subsidies, tax breaks are phased out

SUMMARY: China has reported its passenger car sales slowed in October, even for electric vehicle makers BYD and Tesla, as automakers cut prices to compete in an overcrowded market. The China Association of Automobile Manufacturers said Tuesday that sales grew 4.4% year-on-year, down from September's 11.2% increase. Tesla's sales in China dropped nearly 36% in October from a year earlier. Vehicle sales got a boost in the past couple of years from government trade-in programs and tax breaks meant to encourage drivers to switch to EVs. The future of such incentives is unclear. Chinese automakers' exports of electrics and hybrid vehicles doubled in October from a year earlier as they expanded further into overseas markets.

WORDS: 385 - MOVED: 11/11/2025 4:31 a.m. EST

https://newsroom.ap.org/detail/ChinascarsalesslowinOctoberassometradeinsubsidiestaxbreaksarephasedout/627253e9bc0302d081c2fb7463e22947/text

___

US--Government Shutdown-Airlines

While Trump threatens controllers, US flight cancellations will drag on even after shutdown ends

SUMMARY: Air travelers should expect worsening cancellations and delays this week even if the government shutdown ends. The Federal Aviation Administration is moving ahead with deeper cuts to flights at 40 major U.S. airports. After a weekend of thousands of canceled flights, airlines scrapped another 2,300 flights Monday and more than 1,000 for Tuesday. Air traffic controllers have been unpaid for nearly a month. Some have stopped showing up to work, citing the added stress and the need to take second jobs. Controller shortages led to average delays of four hours at Chicago O'Hare on Monday. President Donald Trump pressured controllers via social media, writing "get back to work, NOW!!!"

WORDS: 783 - MOVED: 11/10/2025 4:49 a.m. EST

https://newsroom.ap.org/detail/WhileTrumpthreatenscontrollersUSflightcancellationswilldragonevenaftershutdownends/3141d255af51a447a96aa94e33264efe/text

___

China-Singles Day

China's 'Singles' Day' shopping festival a gauge of Beijing's effort to get consumers to spend more

SUMMARY: China's largest online sales festival, dubbed Singles' Day, is getting longer as retailers try to entice frugal shoppers to spend more. During this year's five-week festival, which will end later this week, analysts expect shoppers to focus on good deals on necessities and other more affordable goods while avoiding big ticket items. Singles' Day, launched by e-commerce giant Alibaba, has expanded outside China. Back home, it gradually has been losing its importance as families cut back on extras due to a prolonged property downturn, lagging wages and economic uncertainty. It remains to be seen if the appetite for spending may finally be recovering

WORDS: 838 - MOVED: 11/10/2025 11:02 p.m. EST

https://newsroom.ap.org/detail/ChinasSinglesDayshoppingfestivalagaugeofBeijingsefforttogetconsumerstospendmore/465d289a49916633773cf67835912f4e/text

___

Financial Markets

Rallies for Nvidia and Big Tech help Wall Street nearly erase last week's loss

SUMMARY: Big Tech and other superstars of the U.S. stock market rallied, and Wall Street recovered most of its loss from last week. The S&P 500 climbed 1.5% Monday and clawed back nearly all its drop from last week, which was its first weekly loss in four. The Dow Jones Industrial Average rose 381 points, and the Nasdaq composite jumped 2.3% for its best day since May. Nvidia was by far the strongest force lifting the market. It was a powerful rebound after Nvidia and other winners of the frenzy around artificial-intelligence technology led last week's drop. The U.S. market's rally followed gains for stock indexes around the world.

WORDS: 661 - MOVED: 11/10/2025 12:38 a.m. EST

https://newsroom.ap.org/detail/RalliesforNvidiaandBigTechhelpWallStreetnearlyeraselastweeksloss/f2bee27796f9401e5cd8d88c06785f93/text

___

US--Philanthropy-Veterans-Locker

At 101, WWII veteran Irving Locker has become a songwriter

SUMMARY: Irving Locker, a World War II veteran, has become a published songwriter at 101. Just before his birthday, his song "If Freedom Was Free" was released by Big Machine Label Group and CreatiVets. Locker collaborated with Texas singer-songwriter Bart Crow and duo Johnny and Heidi Bulford. The song's chorus reflects Locker's message that freedom isn't free, a theme he shares in lectures. Locker, who lives in Florida, finds joy in music and dancing with his wife of 77 years, Bernice. He feels grateful for life and acknowledges the role of faith during the war.

WORDS: 374 - MOVED: 11/10/2025 12:15 a.m. EST

https://newsroom.ap.org/detail/AtWWIIveteranIrvingLockerhasbecomeasongwriter/7abe5f992656d5d7fdc14a02db9d7847/text

___

US--Behind the Wheel: Tiguan vs CR-V

Edmunds small SUV comparison: New Volkswagen Tiguan vs. Honda CR-V

SUMMARY: The redesigned 2025 Volkswagen Tiguan aims to steal shoppers' attention from the Honda CR-V and its winning hybrid model in a showdown of two of the largest compact crossover SUVs on sale today. Edmunds' automotive experts compare them in four areas: performance and fuel economy; comfort and cargo space; tech and safety; and price and value.

WORDS: 889 - MOVED: 10/15/2025 6:25 a.m. EDT

https://newsroom.ap.org/detail/EdmundssmallSUVcomparisonNewVolkswagenTiguanvsHondaCRV/7a99058c7e8ef49ac03ed99cee0fe3b5/text

___

US--Philanthropy-Veterans-Sinise

How Gary Sinise is helping the nonprofit CreatiVets build 'a place to go when the PTSD hits'

SUMMARY: The nonprofit CreatiVets is transforming a once-abandoned church in Nashville into a 24-hour arts center for veterans and a community hub. Not only will the new center house the nonprofit's programs, including its songwriting program where veterans work with Nashville songwriters to make music out of their experiences in military service, it will provide a place where veterans can gather any time of day. CreatiVets co-founder Richard Casper, a Purple Heart recipient, says the center will offer creative outlets when PTSD strikes. It's an idea that resonated with actor/philanthropist Gary Sinise, who helped fund the effort through his Gary Sinise Foundation.

WORDS: 1344 - MOVED: 11/10/2025 12:16 a.m. EST

https://newsroom.ap.org/detail/HowGarySiniseishelpingthenonprofitCreatiVetsbuildaplacetogowhenthePTSDhits/9d4167f9fc3f479edd8c5e290a18e1a2/text

___

Veterans Day-Open-Closed

Veterans Day: What's open, what's closed

SUMMARY: The Veterans Day holiday began more than a century ago, albeit under a different name, as a celebration of the end of World War I. Over time its name and purpose evolved into a day of recognition for U.S. veterans of all wars as well as those currently serving in uniform. It's also day off for U.S. postal workers and other federal government employees, though most of the latter aren't working anyway due to the longest government shutdown in U.S. history. Here's what is open and closed this year on Veterans Day.

WORDS: 384 - MOVED: 11/10/2025 11:53 a.m. EST

https://newsroom.ap.org/detail/VeteransDayWhatsopenwhatsclosed/1a8be167daf4b11d889d60d2fe2303ca/text

___

<END>

Continue Reading...

Popular

Marjorie Taylor Greene Buys Blue Chip Stock Near 52-Week Low

Marjorie Taylor Greene is known for buying multiple stocks at a time, based on recent disclosures. A new filing shows one stock bought in November.

Why Are 21 Billionaires Moving Their Money ASAP? - Ad

One of the biggest stock market events in 25 years is rapidly unfolding... The economist who predicted the 2008 Financial Crisis says it will be: "The Biggest Crash of Our Lifetime." Starting November 19 it could cut the entire tech marketing by HALF.

Wall Street Enters Its Strongest Month: These 7 Stocks Often Crush It

November is historically Wall Street's strongest month. These 7 stocks often delivered standout gains in recent decades.

Trump says a Canadian ad misstated Ronald Reagan's views on tariffs. Here are the facts and context

WASHINGTON (AP) — President Donald Trump pulled out of trade talks with Canada Thursday night, furious over what he called a “fake’’ television ad from Ontario’s provincial government that quoted former U.S. President Ronald Reagan from 38 years ago criticizing tariffs -- Trump’s favorite economic tool.

Nvidia CEO: E.I. Will Be as Common as Cars Today - Ad

E.I. isn't science fiction anymore. It's already here. And one little-known company is quietly supplying the systems behind it. This stock is still under Wall Street's radar... but not for long. You'll get the name, the ticker, and the full thesis inside.

Why Are Wall Street Insiders Moving Their Money to This One Asset? - Ad

Something far more consequential for your money than tariffs is unfolding behind the scenes... Tucked inside this overlooked directive is a plan set to be executed for the first time in in U.S. history. One Stansberry Research's Senior Partner says it's set to trigger a rare window for potentially explosive gains in ONE asset immediately. (Not AI or crypto). Wall Street insiders are already positioning themselves... and he insists you should, too, before it's too late.

Anthony Scaramucci Calls Zohran Mamdani's Win An 'Anger-Based Reaction' To Boomer Policies, Says New NYC Mayor Could Become 'Popular' If...

Anthony Scaramucci, the founder of SkyBridge Capital, described Zohran Mamdani’s victory in New York City's mayoral race as an “anger-based reaction” by the young people against the policies of the boomer generation's political elites.

Amazon Strikes $38B OpenAI Deal, Wedbush Hikes Target To Street-High

Wedbush analysts Dan Ives and Scott Devitt raise the price target on Amazon stock from $330 to a Street high of $340

Time to Say Goodbye to "Old" Dollar? Say Hello to "Trump's New Dollar" - Ad

If you have any money in U.S. dollars... learn how to prepare for "Trump's new dollar"... Because this could be the biggest change to our financial system in 54 years. President Trump even called it: "The greatest revolution in financial technology since the birth of the internet itself."

Elizabeth Warren Warns GENIUS Act Could 'Blow Up Our Entire Financial System' Without Tougher Rules

Elizabeth Warren warns the GENIUS Act may risk U.S. financial stability, urging Treasury to tighten rules on Trump-backed stablecoins.

Elizabeth Warren And Adam Schiff Introduce Senate Resolution Condemning Trump's Pardon Of Changpeng Zhao

Senators Elizabeth Warren (D-Mass.) and Adam Schiff (D-CA) are introducing a Senate resolution condemning President Donald Trump‘s pardon of Binance (CRYPTO: BNB) founder

Better Than Bitcoin? (Top Crypto for Less Than $1) - Ad

Over the past 15 years, Bitcoin has outperformed stocks, bonds, and every other asset you could've bought. 2025 is already shaping up to be another banner year, with Bitcoin recently hitting a new all-time high. But there's a better way to profit from this new crypto rally. Most people don't know about it... and yet it's returned over 1,000% in 4 months. This could be the #1 way to invest in crypto right now.

IRS Direct File won't be available next year. Here's what that means for taxpayers

WASHINGTON (AP) — IRS Direct File, the electronic system for filing tax returns for free, will not be offered next year, the Trump administration has confirmed.

Plug Power Expands Global Hydrogen Footprint With 5 GW Electrolyzer Projects

Plug Power signs a binding 2 GW electrolyzer deal with Allied Biofuels to support sustainable aviation fuel and green diesel production in Uzbekistan, expanding global hydrogen footprint.

"Tech Prophet" Who Predicted the iPhone Now Predicts... - Ad

George Gilder - who predicted the iPhone 17 years early and gave Reagan the first microchip - is making his boldest call yet. He says an American nanotech "super-convergence" could mint more millionaires than any event in recent memory. He's found 3 stocks set to benefit before November 18's bombshell.

China and ASEAN sign expanded free trade pact

KUALA LUMPUR, Malaysia (AP) — China signed an expanded version of a free trade agreement with the as both face increased protectionism from the United States, and Chinese Premier Li Qiang emphasized his country's close ties with the region.

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 January 29.

Benzinga's 'Stock Whisper' Index: 5 Stocks Investors Secretly Monitor But Don't Talk About Yet

Each week, Benzinga's Stock Whisper Index uses a combination of proprietary data and pattern recognition to showcase five stocks that are just under the surface and deserve attention.

Energy Fuels (UUUU) Stock Is Rising Tuesday: What's Fueling The Surge?

Energy Fuels shares are trading higher on Tuesday alongside Cameco Corp, which announced a strategic partnership with the U.S. government.

A Shutdown Ending Could Trigger a Relief Rally in Cryptos - Ad

When U.S. government shutdowns end, there's often a relief rally that gives cryptos a massive boost. But this time, according to Juan Villaverde, Ethereum could be the biggest winner, with these three smaller cryptos also benefiting. If the shutdown officially ends, you will want to be positioned early.

Meta Deepens Clean Energy Pact With ENGIE

Meta signed a new 600MW solar PPA with ENGIE, expanding total clean energy capacity in Texas to over 1.3GW and powering U.S. data centers.

[Revealed] The $100 Starlink Pre-IPO Blueprint! - Ad

Fortune reports Starlink's rumored IPO is set to be the single largest IPO in history. James Altucher has uncovered a way to get a pre-IPO stake BEFORE Starlink goes public. All it takes is just a few minutes of time and as little as $100 to get started.

Wingstop CEO Flags Broadening Demand Weakness, Cuts Outlook

Wingstop (NASDAQ: WING) shares surge on mixed Q3 results, with earnings beating expectations while revenue falls short.

3 Communication Stocks Making Big Moves On Value Metrics

Three communication service stocks posted sharp gains in Benzinga's value rankings this week, highlighting renewed investor interest in the sector. Here's what investors need to know.

Trump Signs Law to Launch Dollar 2.0 - Ad

Trump just signed law S.1582, unleashing the biggest money shift in 100+ years. For the first time since 1913, private firms - not the Fed - can mint a "Dollar 2.0." Treasury says it could drain $6.6T from banks and pay 10X current savings rates. Early investors in minting firms could see 40X returns by 2032.

Warren Buffett Opens Up About The Biggest Investing Blunders Of His Career — Here They Are

Over the decades, the "Oracle of Omaha" has shared candid reflections on his biggest blunders, from emotional decisions to missed opportunities, all of which provide timeless investing insights.

Cathie Wood Bets Big On Jack Dorsey's Bitcoin-Heavy Block, Adds Amazon And Alibaba — Sells Shopify, Surging Palantir

On Monday, Cathie Wood-led Ark Invest executed significant trades, including a notable purchase of shares in Amazon.com Inc. (NASDAQ:AMZN), Block Inc.

Why Are 21 Billionaires Moving Their Money ASAP? - Ad

One of the biggest stock market events in 25 years is rapidly unfolding... The economist who predicted the 2008 Financial Crisis says it will be: "The Biggest Crash of Our Lifetime." Starting November 19 it could cut the entire tech marketing by HALF.

Taiwan Didn't Steal US Chip Jobs, It Helped Create Them, Says Tech Insider

Taiwan Semiconductor Manufacturing Co stands at the heart of global chip production, powering US tech giants and fueling growth.

Nvidia CEO: E.I. Will Be as Common as Cars Today - Ad

E.I. isn't science fiction anymore. It's already here. And one little-known company is quietly supplying the systems behind it. This stock is still under Wall Street's radar... but not for long. You'll get the name, the ticker, and the full thesis inside.

In Japan and South Korea, Trump will promote big investments. But the details are still not clear

WASHINGTON (AP) — President Donald Trump is next week to promote an epic financial windfall — at least $900 billion in investments for U.S. factories, a natural gas pipeline and other projects.

Krispy Kreme (DNUT) Stock Is Surging Wednesday: What's Going On?

Shares of Krispy Kreme are surging Wednesday, lifted by a wave of renewed retail investor interest in meme stocks.

Why Are Wall Street Insiders Moving Their Money to This One Asset? - Ad

Something far more consequential for your money than tariffs is unfolding behind the scenes... Tucked inside this overlooked directive is a plan set to be executed for the first time in in U.S. history. One Stansberry Research's Senior Partner says it's set to trigger a rare window for potentially explosive gains in ONE asset immediately. (Not AI or crypto). Wall Street insiders are already positioning themselves... and he insists you should, too, before it's too late.

Uber Could Top Q3 Estimates On Strong Mobility Data: BofA

BofA's Justin Post expects Uber's Q3 bookings to reach $49B and revenue of $13.3B, citing strong mobility data and growing AV traction ahead of November 4 earnings.

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 traderelite.club
Privacy Policy | Terms of Service