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By FATIMA HUSSEIN, Associated Press

WASHINGTON (AP) — The global economy is holding up better than expected despite major shocks such as President Donald Trump’s tariffs, but the head of the International Monetary Fund says that resilience may not last.

“Buckle up,” Managing Director Kristalina Georgieva said in a speech at a think tank Wednesday. “Uncertainty is the new normal and it is here to stay.”

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Her comments at the Milken Institute come on a day when gold prices hit $4,000 an ounce for the first time as investors seek safe haven from a weaker dollar and geopolitical uncertainty and before the IMF and World Bank hold their annual meetings next week in Washington. Trump’s trade penalties are expected to be in sharp focus when global finance leaders and central bankers gather. read more

By STAN CHOE, AP Business Writer

NEW YORK (AP) — Wall Street got back to rising on Wednesday, while the price of gold pushed further past $4,000 per ounce.

The S&P 500 climbed 0.6% a day after snapping a seven-day winning streak and set its latest all-time high. The Dow Jones Industrial Average edged down by 1 point, or less than 0.1%, while the Nasdaq composite rose 1.1% to its own record.

Trading has been relatively muted recently following the U.S. government’s latest shutdown. The closure has delayed the release of several major economic reports that usually move the market. Stocks have been drifting without them or other signals to change expectations for cuts to interest rates by the Federal Reserve, one of the major reasons the stock market has surged since April.

Another force that’s pushed the market to records is the frenzy around artificial-intelligence technology.

Advanced Micro Devices jumped another 11.4% to add to its rally from earlier in the week, when it announced an AI-related deal. AMD was the best performing stock in the S&P 500. read more

By Brian Womack, The Dallas Morning News

DALLAS — Mary Kay wants to introduce you to your new personal styling guru: artificial intelligence.

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In a bid to appeal to younger makeup users, the storied North Texas-based brand has unveiled a new AI-powered digital service to help users pick the ideal foundation for their beauty routines, according to Lucy Gildea, chief brand and scientific officer. The service provides some simple technology tools to take the guesswork out of the process of selecting the right shade by just looking into a camera on a device. read more

By BERNARD CONDON

NEW YORK (AP) — Tesla rolled out new, cheaper versions of two of its electric car models on Tuesday in hopes the offerings will help revive flagging sales but investors dumped its stock anyway.

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The new Model Y, costing just under $40,000 with a stripped-down interior, comes in a brutal year for Tesla as it tries to attract more customers despite an aging lineup, stiff competition from foreign EV makers and anti-Elon Musk boycotts targeting the company.

The reaction from the stock market after the news broke suggests the new models are not expected to help much. read more

By ANNE M. PETERSON

Laura Youngson didn’t expect to focus so much on soccer cleats when she organized a group of women to climb Mount Kilimanjaro and play a high-altitude match.

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The point of the 2017 game was to highlight inequality in sports for women and girls. On that front, Youngson achieved her goal with the match becoming the subject of a documentary and landing the group in the Guinness Book of World Records.

Still, something bothered Youngson as the match unfolded. Glancing at the athletes’ feet, she was struck that all the women were wearing men’s or boy’s soccer cleats instead of gear that was designed specifically for them. The realization led her to launch IDA Sports, which makes soccer cleats for the unique athletic needs of women. read more