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TOKYO (AP) — The Japanese economy grew at a better than expected 1% annual pace in the last quarter, boosted by exports that held up despite U.S. President Donald Trump’s higher tariffs.The U.S. has imposed a 15% tax on imports from Japan. That’s higher than before for some products but down from the 25% tariff Trump announced earlier. Real gross domestic product, or GDP, which measures the total value of a nation’s goods and services, expanded 0.3% in the fiscal first quarter compared to the previous quarter, beating analysts’ estimates.It was Japan’s fifth straight quarter of growth. Japan’s exports grew…

Brentford have reached an agreement in principle over a club-record deal to sign winger Dango Ouattara for £42m from Bournemouth.The two clubs have had intense negotiations over the last 72 hours regarding the 23-year-old. Bournemouth were reluctant to sell, but after Ouattara made it clear he wanted to leave, the Cherries had no option but to allow him to go for a price they felt was fair market value, which includes add-ons.The transfer will surpass Brentford’s previous club-record deal of £30m when they signed striker Igor Thiago from Club Bruges last summer.The versatile Burkina Faso international had three years left…

CNBC’s Jim Cramer on Thursday said that although the market may be frothy, investors shouldn’t quit because there are enough positive stock stories to overwhelm the froth with rationality.Cramer used the dotcom bubble burst as an example. During that time in the late 1990s, he said froth involved the market’s continuous roar based on, at best, hype. Stocks rallied for no real reason, markets lost their rational side and companies ended up with no revenue or business plan.Cramer said today’s market is vastly different because the rational outweighs the irrational.On the irrational front, Cramer pointed to recent IPOs such as…

WASHINGTON (AP) — Attorney General Pam Bondi on Thursday named the head of the Drug Enforcement Administration, Terry Cole, as Washington’s “emergency police commissioner” as she carries out President Donald Trump’s unprecedented decision to take over the Washington police department. Bondi said she’s giving Cole the powers of police chief and the Metropolitan Police Department must receive Cole’s approval before issuing any orders. The move comes less than a month after the U.S. Senate conformed Cole to be the DEA’s leader and he was sworn in as head of the agency.Here’s what to know about Cole: Three decades in law…

SEOUL, South Korea (AP) — South Korea’s new liberal president, Lee Jae Myung, said Friday he will seek to restore a 2018 military agreement with North Korea aimed at reducing border tensions and urged Pyongyang to respond to Seoul’s efforts to rebuild trust and revive dialogue.Speaking on the 80th anniversary of Korea’s liberation from Japanese colonial rule, Lee’s overture came amid soaring tensions fueled by North Korean leader Kim Jong Un’s nuclear ambitions and deepening ties with Russia over the war in Ukraine.The 2018 military agreement, reached during a brief period of diplomacy between Kim and South Korea’s former liberal…

Traders work on the floor of the New York Stock Exchange (NYSE) on August 12, 2025 in New York City. Spencer Platt | Getty ImagesU.S. stock futures were mixed on Friday, as Wall Street looked to wrap up another week of gains. Dow Jones Industrial Average futures were up 271 points, or 0.6%. Aiding Dow futures was a 12% surge in UnitedHealth after Warren Buffett’s Berkshire Hathaway and Michael Burry’s Scion Asset Management revealed they bough stock in the insurance giant during the second quarter. S&P 500 futures were flat, while Nasdaq-100 futures slipped 0.2%.Intel gained more than 3% following…

Aug 14, 2025, 06:00 PM ETBarcelona forward Robert Lewandowski has encouraged teammate Lamine Yamal to find the right balance in his life so he can have a long professional career.Yamal has enjoyed meteoric success and is among the favourites to win the Ballon d’Or award this year.However, the Spain international recently faced public criticism for reportedly hiring dwarfs as part of the entertainment in his gangster-themed 18th birthday party on July 13.”Lamine is so young, he can enjoy the life,” Lewandowski told ESPN. “He has to enjoy the life because everything, not only in football, but outside of it, is…

The Applied Materials logo on Dec. 17, 2024.Nurphoto | Nurphoto | Getty ImagesApplied Materials shares sank more than 10% in extended trading Thursday as the semiconductor equipment company provided outlook for the current quarter that came in light.Here’s how Applied Materials did in its third-quarter earnings results versus LSEG consensus estimates:EPS: $2.48, adjusted, versus $2.36 estimated.Revenue: $7.3 billion vs $7.22 billion estimated.Applied Materials said it expects $2.11 per share in adjusted earnings in the current quarter, lower than LSEG estimates of $2.39 per share. The company said to expect $6.7 billion in revenue, versus $7.34 billion estimated.CEO Gary Dickerson said…

Sam Altman turned OpenAI into a cultural phenomenon with ChatGPT.Now, three years later, he’s chasing where the real money is: Enterprise.Last week’s rollout of GPT-5, OpenAI’s newest artificial intelligence model, was rocky. Critics bashed its less-intuitive feel, ultimately leading the company to restore its legacy GPT-4 to paying chatbot customers.But GPT-5 isn’t about the consumer. It’s OpenAI’s effort to crack the enterprise market, where rival Anthropic has enjoyed a head start.One week in, and startups like Cursor, Vercel, and Factory say they’ve already made GPT-5 the default model in certain key products and tools, touting its faster setup, better results…

Aug. 8-14, 2025This photo gallery, curated by photo editor Anita Baca, highlights some of the most compelling images worldwide published by The Associated Press in the past week. Shiite Muslim women pray at the shrine of Saint Abdulazim in Shahr-e-Ray, south of Tehran, Iran, Aug. 14, 2025, during a ceremony to observe the Arbaeen, which marks the anniversary of the 40th day of mourning following the 7th century death of the Prophet Muhammad’s grandson Hussein, who was killed in a battle in Karbala in present-day Iraq. (AP Photo/Vahid Salemi) Shiite Muslim women pray at the shrine of Saint Abdulazim in…