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President Trump announced during a Beijing summit that China has agreed to purchase American oil from Texas, Louisiana, and Alaska, with Chinese ships set to begin transport.
President Trump announced during a Beijing summit that China has agreed to purchase American oil from Texas, Louisiana, and Alaska, with Chinese ships set to begin transport. This represents a concrete trade win as part of broader U.S.-China bilateral negotiations that also include market access agreements and purchases of American goods.
The DOJ unsealed an indictment against three Super Micro Computer individuals for illegally diverting ~$2.5B in AI servers to China between 2024–2025, violating U.S. export control laws.
The DOJ unsealed an indictment against three Super Micro Computer individuals for illegally diverting ~$2.5B in AI servers to China between 2024–2025, violating U.S. export control laws. A class action lawsuit has been filed against SMCI alleging securities fraud related to these violations, with a May 26, 2026 deadline to join as Lead Plaintiff.
Bipartisan lawmakers are warning Trump against granting Chinese automakers market access in U.S. during Xi talks, citing political stakes in Rust Belt battlegrounds.
Bipartisan lawmakers are warning Trump against granting Chinese automakers market access in U.S. during Xi talks, citing political stakes in Rust Belt battlegrounds. Chinese companies already own 60+ U.S. auto suppliers and are expanding EV presence globally, creating complex supply-chain and tariff negotiation dynamics.
China issued a warning regarding Taiwan amid escalating tensions on the world stage, adding pressure to the Trump administration's handling of international relations.
China issued a warning regarding Taiwan amid escalating tensions on the world stage, adding pressure to the Trump administration's handling of international relations. The development reflects heightened cross-strait tensions and strategic positioning in the Indo-Pacific region.
Kalshi prediction markets show stagflation odds surged to nearly 40% by end-2026 (from 11% three months ago), driven by CPI hitting 3.8% YoY in April—highest since May 2023—and wholesale prices posting their largest annual gain since 2022.
Kalshi prediction markets show stagflation odds surged to nearly 40% by end-2026 (from 11% three months ago), driven by CPI hitting 3.8% YoY in April—highest since May 2023—and wholesale prices posting their largest annual gain since 2022. Traders assign 65%+ probability to inflation remaining above 4.5% through 2025, well above consensus forecasts of 2.8%.
U.S. beer volumes fell 6.3% year-over-year through May 2, significantly worse than the 3% declines seen earlier in the year.
U.S. beer volumes fell 6.3% year-over-year through May 2, significantly worse than the 3% declines seen earlier in the year. Higher gasoline prices are cited as a factor pressuring convenience spending, with California showing the sharpest deterioration. Weakness is spreading across beverages, suggesting broader consumer pressure as confidence hits multiyear lows.
U.S. beer volumes fell 6.3% year-over-year through May 2, significantly worse than the 3% declines seen earlier in the year.
U.S. beer volumes fell 6.3% year-over-year through May 2, significantly worse than the 3% declines seen earlier in the year. Higher gasoline prices are cited as a factor pressuring convenience spending, with California showing the sharpest deterioration. Weakness is spreading across beverages, suggesting broader consumer pressure as confidence hits multiyear lows.
Reuters analysis suggests President Trump's negotiating position has weakened ahead of a planned summit with Chinese President Xi Jinping, based on economic and political indicators.
Reuters analysis suggests President Trump's negotiating position has weakened ahead of a planned summit with Chinese President Xi Jinping, based on economic and political indicators. The article uses eight charts to illustrate declining leverage across trade, military, and economic metrics.
Reuters analysis suggests President Trump's negotiating position has weakened ahead of a planned summit with Chinese President Xi Jinping, based on economic and political indicators.
Reuters analysis suggests President Trump's negotiating position has weakened ahead of a planned summit with Chinese President Xi Jinping, based on economic and political indicators. The article uses eight charts to illustrate declining leverage across trade, military, and economic metrics.
The S&P 500 and Nasdaq closed at record highs, driven by strength in semiconductor stocks.
The S&P 500 and Nasdaq closed at record highs, driven by strength in semiconductor stocks. Chip sector momentum reflects renewed investor confidence in semiconductor earnings and AI-related demand.
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President Trump announced during a Beijing summit that China has agreed to purchase American oil from Texas, Louisiana, and Alaska, with Chinese ships set to begin transport.
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