Biden and Xi to speak after rare U.S. security adviser trip to China

Key Points

U.S. President Joe Biden and Chinese President Xi Jinping are set to speak over the phone in “coming weeks,” the White House said Wednesday.
The announcement came amid U.S. national security adviser Jake Sullivan’s trip to Beijing this week to meet with Wang Yi, China’s top diplomat.
The last official trip to China by a U.S. president’s national security adviser was in 2016, when Susan Rice traveled to Beijing under the Obama administration.

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Finance

‘Bitcoin is not an asset class’: UK’s biggest investment platform has a stark warning for investors

October 10, 2025

Key Points The U.K.’s biggest retail investment platform, Hargreaves Lansdowne, has urged traders to exercise caution on cryptocurrencies. “The HL Investment view is that bitcoin is not an asset class, and we do not think cryptocurrency has characteristics that mean it should be included in portfolios for growth or income,” the firm said. A longstanding […]

Finance

Former Fed Governor Larry Lindsey withdraws name for Fed chair

October 9, 2025

Key Points Former U.S. Federal Reserve Governor Larry Lindsey has withdrawn his name from consideration for the position of Fed chair, CNBC’s Eamon Javers reported on Thursday. President Trump is considering a list of candidates to replace Federal Reserve Chairman Jerome Powell for when his term expires in May. Source

Finance

Stocks making the biggest moves midday: Oracle, Ferrari, Delta, Albemarle and more

October 9, 2025

Check out the companies making the biggest moves in midday trading: Oracle — Shares of the software company rose more than 3% on Thursday after Baird initiated coverage with a outperform rating and a $365 price taget. The firm said Oracle has a strong position in the artificial intelligence growth story. The stock has had […]