Xi asks Trump if U.S. and China can avoid 'Thucydides Trap' at high-stakes summit
U.S. President Donald Trump met Chinese President Xi Jinping in Beijing on Thursday morning for the start of a high-stakes summit that runs through Friday.

U.S. President Donald Trump met Chinese President Xi Jinping in Beijing on Thursday morning for the start of a high-stakes summit that runs through Friday.
The high-stakes summit is expected to cover a wide range of contentious topics, including trade, technology, export controls, Taiwan, and the Iran war.
Cisco's AI story has finally started resonating with Wall Street, with the stock hitting a record late last year and continuing to rally in 2026.
In the most divisive vote ever for a Fed chair, Warsh, 56, won confirmation to take over for Jerome Powell.
OPEC cut its demand growth estimates for 2026 to about 1.2 million barrels per day.
For more than two decades, consecutive U.S. administrations have seen India as a counterbalance to China's growing influence in the Indo-Pacific.
European stocks are expected to open higher Thursday as investors keep an eye on developments in the U.K. and U.S. President Donald Trump's trip to China.
Asia markets traded mixed ahead of closely watched Trump-Xi summit on trade, tariffs and technology restrictions.
Cerebras raised $5.55 billion in its IPO, and with the chipmaker's offering, investors are gearing up for some even bigger AI deals later this year.
Mortgage rates continued to climb higher, but stronger homebuyer demand helped to keep mortgage applications in positive territory.
President Donald Trump and lawmakers are eyeing federal gas tax relief, but opponents contend a pause wouldn't help consumers and could harm roads.
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Top Microsoft executives testified in Musk v. Altman this week, spelling out concerns they had in the early days of the partnership with OpenAI.
The producer price index was expected to increase 0.5% in April, according to the Dow Jones consensus.
Chinese stocks, ETFs and related themes posted some of the biggest rallies in months.
Musk has accused Altman and another OpenAI co-founder of trying to "steal a charity"
Mortgage rates surged to the highest level since March in reaction to two hotter-than-expected inflation reports.
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
U.S. beer sales slump as higher gas prices squeeze consumers, with convenience stores and high-fuel-cost states with higher-cost fuel seeing the sharpest declines.
Allegiant CEO Greg Anderson said leisure travel demand is still strong despite higher fuel prices.
The rise of increasingly sophisticated AI models is putting pressure on cybersecurity teams to step up their defenses for newer and faster cyberattacks.
Starmer's leadership is under pressure, sparking concern in the bond market.
The company is working on space-based interceptors for Trump's $185 billion Golden Dome defense system