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.

Despite US trade war, EOCD expects global economy will grow 3.2% this year

SUMMARY: The world economy has proven surprisingly durable in the face of President Donald Trump's trade wars, the Organization for Economic Cooperation and Development said Tuesday, upgrading its outlook for global and U.S. economic growth this year. The 38-country OECD now forecasts that the world economy will grow 3.2% this year, down a tick from 3.3% in 2024 but an improvement on the 2.9% it had predicted for 2025 back in June. The organization expects global growth to slow to 2.9% next year. The OECD also raised its forecast for U.S. growth this year - to 2%, up from the 1.6% it had forecast in June.

WORDS: 374 - MOVED: 12/01/2025 7:44 p.m. EST

___

Edmunds compares the new Cadillac Optiq and Audi Q4 E-tron

SUMMARY: With the federal EV tax incentives gone, you might not have the budget for the luxury electric SUV you wanted. Fortunately, the segment is packed with options, including small luxury electric SUVs that start at just above $50,000. Two solid choices are the Cadillac Optiq and the Audi Q4 E-tron. They are two of the most affordable luxury electric SUVs and have a lot to offer. Audi has been manufacturing electric SUVs longer, but Cadillac's big electric lineup is impressive. Check out our Optiq versus Q4 E-tron comparison to find out which is the better buy.

WORDS: 847 - MOVED: 12/02/2025 8:38 a.m. EST

___

Wall Street inches up before the opening bell as tech and crypto stabilize

SUMMARY: U.S. markets were leaning toward modest gains before the opening bell as technology and cryptocurrency companies recouped some of the previous day's losses. Futures for the S&P 500 rose 0.2% Tuesday morning while futures for the Dow Jones Industrial Average were flat. Nasdaq futures were up 0.3%. Coinbase Global and Robinhood Markets each recovered some of Monday's losses as the price of bitcoin stabilized overnight. Coinbase shares rose 1.5% in premarket, while Robinhood gained close to 1%. Both had fallen more than 4% a day earlier as bitcoin dipped below the $85,000 threshold. Bitcoin rallied modestly early Tuesday to around $87,320.22.

WORDS: 536 - MOVED: 12/01/2025 11:44 p.m. EST

___

Prada finalizes purchase of fashion rival Versace for $1.4 billion, launching new era

SUMMARY: The Prada Group has officially purchased Milan fashion rival Versace for $1.375 billion. This deal, announced Tuesday, brings the fashion house known for its sexy silhouettes under the same roof as Prada's "ugly chic" aesthetic and Miu Miu's youth-driven appeal. The highly anticipated acquisition is expected to relaunch Versace's fortunes. Versace has experienced middling post-pandemic performance as part of the U.S. luxury group Capri Holdings. Prada said in a one-line statement that the acquisition had been completed after receiving all regulatory clearances. Prada has underlined that the 47-year-old Versace brand offered "significant untapped growth potential.''

WORDS: 653 - MOVED: 12/02/2025 5:24 a.m. EST

___

Michael and Susan Dell donate $6.25 billion to encourage families to claim 'Trump Accounts'

SUMMARY: Billionaires Michael and Susan Dell pledged a historic $6.25 billion on Tuesday to provide an incentive to families to adopt new investment accounts for children. The so-called "Trump Accounts" were created as part of President Donald Trump's tax and spending legislation but have not yet launched. The gift has little precedent in terms of size, with few single charitable commitments in the past 25 years exceeding $1 billion. Through their gift, the Dells will deposit $250 into the investment accounts of 25 million children aged 10 and younger as an incentive for their families to claim the accounts and make investments in the stock market.

WORDS: 1018 - MOVED: 12/02/2025 8:00 a.m. EST

___

5 Financial To-Dos Before the End of 2025

SUMMARY: Set yourself up for success as the year winds down.

WORDS: 740 - MOVED: 12/01/2025 8:25 p.m. EST

___

India mandates pre-installation of government cyber safety app on all smartphones

SUMMARY: India's telecoms ministry has ordered smartphone manufacturers to install a government-run cybersecurity app on all new devices. The order, issued Monday, requires the "Sanchar Saathi" app to be preinstalled within 90 days and prevents users from deleting it. The app is also to be pushed onto older models through software updates. The government says the app aims to block and track lost phones and shut down fraudulent connections. But privacy advocates have expressed concerns over data privacy and user consent. The move may also face resistance from companies like Apple, which prohibits preinstalling third-party apps on its devices.

WORDS: 455 - MOVED: 12/02/2025 12:20 a.m. EST

___

AI's impact could worsen gaps between world's rich and poor, a UN report says

SUMMARY: A new report by the United Nations Development Program is urging governments to focus more on how artificial intelligence technologies might affect people already disadvantaged in a data-driven world. The report released Tuesday likens the situation to the "Great Divergence" of the industrial revolution, when many Western countries saw rapid modernization while others fell behind. It notes most of the gains from AI are likely to be reaped by wealthy nations unless steps are taken to use its power to help close gaps in access to basic needs and advanced know-how.

WORDS: 627 - MOVED: 12/02/2025 12:37 a.m. EST

___

Bitcoin briefly dips below $85,000 in crypto rout

SUMMARY: Bitcoin and companies tied to cryptocurrencies have extended a nearly two-month swoon, tracking with a broader market sell-off in technology companies that many see as overvalued. Bitcoin slid 5.6% after being down nearly 12% earlier Monday, settling around $86,000. The most-traded cryptocurrency is down about 33% since hitting a record $126,210.50 in early October, according to crypto trading platform Coinbase. Companies that enable investors to buy and sell cryptocurrencies, as well as the growing number of companies who have made investing in bitcoin their main business focus, were also caught up in Monday's sell-off.

WORDS: 606 - MOVED: 12/01/2025 11:32 a.m. EST

___

US air travelers without REAL IDs will be charged a $45 fee

SUMMARY: The Transportation Security Administration has announced that U.S. air travelers without a REAL ID will face a $45 fee starting in February. The REAL ID has been required since May, but passengers without it have been allowed to clear security with extra screening. The Department of Homeland Security says 94% of passengers are already compliant. The new fee aims to encourage travelers to obtain a REAL ID, which requires more documentation than regular IDs. The fee is non-refundable and doesn't guarantee verification. Other accepted IDs include passports and military IDs. TSA also accepts digital IDs through platforms like Apple Wallet at participating airports.

WORDS: 340 - MOVED: 12/01/2025 3:50 p.m. EST

___

UK will increase its spending on medicine under a zero-tariff deal with the US

SUMMARY: Officials say the U.K. has sealed a deal securing a 0% tariff rate for all U.K. medicines exported to the U.S. for at least three years, in return for the U.K. spending more on new medicine. Under the deal, the U.S. government agreed to exempt U.K.-origin pharmaceuticals, pharmaceutical ingredients, and medical technology from import taxes. The Trump administration said that in return, U.K. drugs firms committed to invest more in the U.S. and create more jobs. As part of the deal, the U.K. government said it will invest around 25% more in new and effective treatments. Both sides hailed the deal as a win.

WORDS: 393 - MOVED: 12/01/2025 11:18 a.m. EST

___

Shoppers scoured for deals online on Cyber Monday and delivered strong sales for retailers

SUMMARY: Shoppers scoured for deals everything from electronics to clothing on Cyber Monday, delivering strong sales for online retailers and capping a five-day spending spree that kicked off on Thanksgiving. Adobe Analytics reported that as of 6:30 p.m. EST on Monday, U.S. consumers had already spent $9.1 billion online for Cyber Monday, up 4.5% from the same day a year ago. Adobe expects that when the final tally is in, consumers will spend between $13.9 billion and $14.2 billion for the day, making Cyber Monday the biggest online shopping day of the year - and of all time.

WORDS: 872 - MOVED: 11/30/2025 9:41 p.m. EST

___

When formal systems stop working, neighbors turn to each other in what many call 'mutual aid'

SUMMARY: Organizers say that interest in local, grassroots initiatives to meet community needs has been growing. Often called "mutual aid," these volunteer-run projects often distribute food or organize free exchanges of clothes or household items. Most of the time, they are not incorporated as formal nonprofits. Interest in mutual aid organizing often spikes in response to crises, like the COVID-19 pandemic and now, economic and political uncertainty under the second Trump administration. Aaron Fernando works as an organizer for Shareable, which publishes resources about mutual aid and cooperatives. He said they've seen a spike in enrollment in the Mutual Aid 101 webinars they launched earlier this year

WORDS: 1053 - MOVED: 12/01/2025 8:31 a.m. EST

___

What is GivingTuesday? How to donate on the annual day of charitable giving

SUMMARY: Since it started as a hashtag in 2012, GivingTuesday, the Tuesday after Thanksgiving, has become one of the biggest fundraising days of the year for nonprofits in the U.S. This year, it falls on Dec. 2. Nonprofits face uncertainty about how donors may respond to a range of changing factors. High prices may keep small dollar donors from giving as much to charitable organizations. However, a strong stock market usually indicates that larger donors will give generously. Many nonprofits also face a range of new challenges this year, with human service organizations seeing higher demands while some also face cuts to government grants.

WORDS: 856 - MOVED: 12/01/2025 8:16 a.m. EST

___

US stocks fall to their first loss in 6 days as bitcoin tumbles

SUMMARY: U.S. stocks gave back some of last week's rally, as bitcoin fell sharply again. The S&P 500 lost 0.5% Monday and broke a five-day winning streak. The Dow Jones Industrial Average dropped 427 points, and the Nasdaq composite fell 0.4%. Crypto-related stocks sank to some of the sharpest losses after bitcoin's price fell below $86,000. Stock prices also broadly felt pressure from rising yields in the bond market. Treasury yields climbed along with yields worldwide after the head of the Bank of Japan hinted at a hike to interest rates there.

WORDS: 667 - MOVED: 12/01/2025 12:06 a.m. EST

___

How major US stock indexes fared Monday, 12/1/2025

SUMMARY: U.S. stocks gave back some of last week's rally, as bitcoin and other former stars of Wall Street fell again. The S&P 500 lost 0.5% Monday, breaking a five-day winning streak. The Dow Jones Industrial Average dropped 0.9%, and the Nasdaq composite fell 0.4%. Crypto-related stocks sank to some of the sharpest losses after bitcoin dropped below $86,000. Stock prices also broadly felt pressure from rising yields in the bond market. Treasury yields climbed along with yields worldwide after the head of the Bank of Japan hinted at a hike to interest rates there.

WORDS: 215 - MOVED: 12/01/2025 4:25 p.m. EST

___

A lost generation of news consumers? Survey shows how teenagers dislike the news media

SUMMARY: You don't have to tell Cat Murphy or Lily Ogburn about the attitudes of young people toward journalists. The profession hasn't been popular among adults for many years, but a new survey shows the extent to which teens aged 13 to 18 feel the same way; Murphy and Ogburn have seen it for years among their friends who wonder why they want to go into the field. Experts say it's a combination of their surroundings, including the most prominent politician they have known -- Donald Trump -- who frequently denounces "fake news" -- and a lack of understanding of journalism's role in society.

WORDS: 1207 - MOVED: 11/30/2025 12:56 a.m. EST

___

Airbus inspects panels on ubiquitous A320 passenger jets as it wraps up quick software patch

SUMMARY: Airbus is inspecting panels on its A320 jets after quality control issues surfaced. The company identified a supplier problem affecting metal panels on some A320 aircraft. Airbus says the issue is contained, and new panels meet all requirements. The company is inspecting all potentially affected planes. This announcement came after Airbus resolved a separate software glitch affecting about 6,000 A320 jets. The glitch, linked to solar radiation affecting flight controls, caused minor disruptions. Most planes have received updates, but fewer than 100 still need modifications. The issue may have contributed to a JetBlue incident in October.

WORDS: 444 - MOVED: 12/01/2025 6:40 a.m. EST

___

<END>