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Trump, Xi Conclude Beijing Summit Amid Trade, Iran, North Korea Talks
WorldReutersNPRSCMP+16NHK WorldrzeczpospolitaThe IndependentYahooTimes of Indiahindustan-timesindian-expressstraits-times+8 more3mo ago19 sources

Trump, Xi Conclude Beijing Summit Amid Trade, Iran, North Korea Talks

US President Trump and Chinese President Xi Jinping held a summit in Beijing, where they discussed trade, the denuclearization of North Korea, and the situation with Iran. The White House's summary of the visit notably omitted any mention of Taiwan.

AI Startup Anthropic Files Confidentially for US Stock Market Debut
BusinessReutersBBCbloomberg+49NYTeconomistwsjFTle-mondeThe GuardianNPRAl Jazeera+41 more2mo ago52 sources

AI Startup Anthropic Files Confidentially for US Stock Market Debut

Anthropic, a leading artificial intelligence startup and rival to OpenAI, has confidentially filed for an initial public offering (IPO) in the United States. This move positions Anthropic to potentially be the first major AI company to go public, aiming to raise significant capital for its continued growth.

Moody's Economist Warns of High US Recession Risk
FinanceTimes of India3mo ago

Moody's Economist Warns of High US Recession Risk

Mark Zandi, chief economist at Moody's Analytics, warns of a 40% risk of recession in the US within a year, attributing the danger to 'counterproductive policy choices' such as tariffs and restrictive immigration.

Moody's Economist Warns of Impending US Recession and Rising Unemployment
BusinessTimes of India2mo ago

Moody's Economist Warns of Impending US Recession and Rising Unemployment

Mark Zandi, chief economist at Moody's Analytics, issued a warning that the US economy is growing below its potential, increasing the risk of a recession, rising unemployment, and declining labor participation. He noted that rising fuel prices, exacerbated by the Iran war, are negating tax cut benefits.

US April CPI Report Shows Inflation Surge, Raises Fed Concerns
Financebloombergcnbcmarketwatch+2Yahooseeking-alpha3mo ago5 sources

US April CPI Report Shows Inflation Surge, Raises Fed Concerns

The US Consumer Price Index for April revealed a significant surge in consumer prices, primarily driven by energy inflation, which has put the Federal Reserve on guard for longer-lasting inflation and impacted stock futures.