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.
In photos: Trump kicks off high-stakes summit with Xi
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 stock pops 17% on surging AI orders, as company says it's cutting almost 4,000 jobs
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.
Kevin Warsh wins Senate confirmation as the next Federal Reserve chair
In the most divisive vote ever for a Fed chair, Warsh, 56, won confirmation to take over for Jerome Powell.
Oil rises as IEA flags greater volatility ahead, OPEC cuts demand forecast
OPEC cut its demand growth estimates for 2026 to about 1.2 million barrels per day.
Inside India newsletter: Trump-Xi meeting could test India’s positioning as China counterweight
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 markets to open higher as politics dominates the news agenda
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-Pacific stocks trade mixed as Trump lands in Beijing for high-stakes Xi meeting
Asia markets traded mixed ahead of closely watched Trump-Xi summit on trade, tariffs and technology restrictions.
Cerebras prices IPO above expected range, as Wall Street braces for AI tsunami
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 move to highest level in 5 weeks, but homebuyers shake it off
Mortgage rates continued to climb higher, but stronger homebuyer demand helped to keep mortgage applications in positive territory.
Gas tax holiday as Trump promises? Not so fast, trucking, construction industries say
President Donald Trump and lawmakers are eyeing federal gas tax relief, but opponents contend a pause wouldn't help consumers and could harm roads.
Japan's global defense business may be on the cusp of a big breakout
Can Japan be a major player in the international defense sector, like its neighbor South Korea?
Analysis: Trump finally gets his man at the Fed. Will Kevin Warsh disappoint him?
Kevin Warsh received the fewest votes of any Fed chair in history. Will it cripple him?
Microsoft feared being too dependent on OpenAI, Musk-Altman trial testimony reveals
Top Microsoft executives testified in Musk v. Altman this week, spelling out concerns they had in the early days of the partnership with OpenAI.
Wholesale inflation jumps 6% in April on annual basis, biggest increase since 2022
The producer price index was expected to increase 0.5% in April, according to the Dow Jones consensus.
Bulls bet big on these three China-related stock trades during Trump visit
Chinese stocks, ETFs and related themes posted some of the biggest rallies in months.
Altman details Musk's OpenAI fallout, says nonprofit was 'left for dead'
Musk has accused Altman and another OpenAI co-founder of trying to "steal a charity"
Mortgage rates jump to highest level since March on hotter inflation reports
Mortgage rates surged to the highest level since March in reaction to two hotter-than-expected inflation reports.
This stock is our favorite way to hedge against the pickup in inflation
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
Beer demand stumbles as gas prices surge, data shows
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 makes case for low-cost airline model as Sun Country acquisition closes
Allegiant CEO Greg Anderson said leisure travel demand is still strong despite higher fuel prices.
AI-driven cyberattacks will start to be the 'new norm' in months, Palo Alto warns
The rise of increasingly sophisticated AI models is putting pressure on cybersecurity teams to step up their defenses for newer and faster cyberattacks.
Jamie Dimon warns JPMorgan may rethink new London office if 'very smart' Starmer is ousted as UK PM
Starmer's leadership is under pressure, sparking concern in the bond market.
Anduril doubles valuation to over $60 billion as defense tech funding boom continues
The company is working on space-based interceptors for Trump's $185 billion Golden Dome defense system