Blinken claims he unsuccessful to revive navy-to-military services talks with China

Vital Points

U.S. Secretary of State Antony Blinken advised reporters Monday that in his meetings in Beijing, he “consistently” raised the need to have for immediate communication concerning the two countries’ militaries.
“At this instant, China does not agree to move forward with that,” he mentioned, noting the U.S. would retain functioning towards restoring these interaction channels.
An problem for the Chinese is that the U.S. has sanctioned Li Shangfu, China’s minister of countrywide protection.

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Traders believe inflation could near 5% this year

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Key Points Traders on Kalshi think inflation will likely rise above 4.5% in 2026. A smaller number believe price increases will breach 5%. Those levels are higher than economists’ forecasts, which see inflation peaking at an average of 3.8% in the second quarter. Source

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Greenlight’s David Einhorn pitches five turnaround stocks at Sohn, from AI to infrastructure

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Stocks making the biggest moves midday: Wendy’s, Vestis, Cleanspark, Under Armour & more

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Check out the companies making the biggest moves midday: Vestis – The uniform and apparel maker surged more than 30% after its fiscal second-quarter results beat expectations. Vestis also raised its fiscal 2026 EBITDA outlook. Zebra Technologies – The automation stock popped 17% on better-than-expected Q1 results. Zebra earned $4.75 per share, excluding certain items, […]