United States
Trump says Xi offered help on Iran — But how far is Beijing willing to go?
BEIJING, CHINA – MAY 15: U.S. President Donald Trump and Chinese President Xi Jinping tour the Zhongnanhai leadership compound on May 15, 2026 in Beijing, China. Mark Schiefelbein-Pool | Getty Images News | Getty Images China is eager to “help” peace negotiations between Washington and Tehran, U.S. President Donald Trump said Thursday, as he concluded […]
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Detroit automakers have cut more than 20,000 U.S. salaried jobs as AI threat looms
The former General Motors headquarters inside the Renaissance Center in Detroit, April 15, 2024. Jeff Kowalsky | Bloomberg | Getty Images DETROIT — As artificial intelligence expands, it threatens to exacerbate a growing trend for America’s largest automakers: the elimination of white-collar workers. The “Detroit Three” automakers have together cut more than 20,000 U.S. salaried […]
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The Tech Download: Trump’s China visit left chip export issue unresolved, with rare earths deal still uncertain
This report is from this week’s The Tech Download newsletter. Like what you see? You can subscribe here. One look at the roster of U.S. execs that cozied up to U.S. President Donald Trump on the 20+ hours flight from Alaska to China on Wednesday and you get a sense of the American delegation’s key focus […]
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Trump is in China. This company is a cautionary tale of Chinese investment
Construction materials sit in front of the loading docks at the Fuyao Glass America production facility in Moraine, Ohio, U.S., on Friday, Aug. 19, 2016. Ty Wright | Bloomberg | Getty Images MEADVILLE, Pa — President Donald Trump is in China, courting new trade deals with Beijing. One glassmaker in the U.S. is warning that […]
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Bonds, stocks and precious metals slump as inflation fears mount, silver falls 7%
A trader works during the Hawkeye 360 Inc. initial public offering (IPO) on the floor of the New York Stock Exchange (NYSE) in New York, US, on Thursday, May 7, 2026. Michael Nagle | Bloomberg | Getty Images Government bonds, precious metals and international stocks sold off on Friday, as inflation fears mounted and U.S. […]
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Cerebras stock falls after blockbuster IPO debut — here’s what’s happening
Cerebras Systems Inc. signage during the company’s initial public offering (IPO) at the Nasdaq MarketSite in New York, US, on Thursday, May 14, 2026. Michael Nagle | Bloomberg | Getty Images Cerebras Systems‘ shares were volatile in early trading Friday after the company completed the largest IPO by a U.S. tech firm in years. The […]
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Trump-Xi summit: the 3 big takeaways from historic meeting in Beijing
Key Points U.S. President Donald Trump met Chinese President Xi Jinping in Beijing on Thursday and Friday. The trip has gone a long way toward strengthening a fragile trade truce reached in October. However, the two sides have yet to announce many specific agreements. Source
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Defense stocks continue to come under pressure – why Citi is ‘reluctant’ to buy the dip
Defense stocks have struggled since the Iran war began after several years of solid gains, but Citi analysts say they are “reluctant” to buy the dip — even though they expect revenues to strengthen in the second half. The iShares U.S. Aerospace & Defense ETF (ITA), for example, has dropped about 10% since the start […]
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European stocks fall as inflation fears return; Starmer faces leadership challenge
U.K. Prime Minister Keir Starmer leaves Downing Street on February 02, 2026 in London, United Kingdom. Alishia Abodunde | Getty Images News | Getty Images European stocks fell on Friday as inflation returns to investors’ minds following a week of hotter-than-expected U.S. price data, while U.K. Prime Minister Keir Starmer faces a potential leadership challenge. […]
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CIA chief makes historic trip to Cuba as US blockade chokes island’s energy supplies
Cubans on electric tricycles decorated with Cuban flags ride past the US embassy during the anti-imperialist youth march in Havana on April 2, 2026. Yamil Lage | Afp | Getty Images The U.S. has reiterated its offer of assistance to Cuba in exchange for “fundamental changes” to its communist political regime after CIA director John […]
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