The U.S. and China have extended a truce to keep tariffs lower for longer and rare earths flowing, U.S. Treasury Secretary Scott Bessent said Wednesday local time. He was speaking on Fox News, as Chinese President Xi Jinping landed in Washington, D.C. for a state visit through Friday. Xi and Trump agreed to a one-year…
Check out some of the companies making the biggest moves midday: McDonald’s — CEO Chris Kempczinski said at an investor day event he expects high inflation and flat traffic will continue to weigh on the restaurant industry. The burger chain reported U.S. same-store sales growth of just 0.8% in its most recent quarter as traffic…
Check out the companies making the biggest moves premarket: Worthington Enterprises – The industrial manufacturing company surged about 16% on an encouraging outlook from leadership. CEO Joseph Hayek said the company is seeing opportunities across its business, “including rapidly growing demand for our engineered [American Society of Mechanical Engineers] tanks used in liquid cooling systems…
A worker is seen on a container truck at the Port of Ningbo-Zhoushan in Ningbo, in China’s eastern Zhejiang Province on September 22, 2026. Hector Retamal | Afp | Getty Images BEIJING — The trade deficit that escalated tensions between China and the U.S. in recent years has yet to shrink significantly, and the world’s…
The Commodity Futures Trading Commission headquarters in Washington, Aug. 20, 2026. Daniel Heuer | Bloomberg | Getty Images The Commodity Futures Trading Commission advised some of its regulated entities on Tuesday that prediction markets’ “mentions” contracts are at greater risk of manipulation. In a press release announcing the letter it sent to designated contract market…
Check out the companies making the biggest moves midday: Lennar — The homebuilder rose more than 4% after Berkshire Hathaway disclosed it purchased more than 2.7 million shares. Amgen — The biotech name gained more than 3% after announcing positive phase 3 trial results for dazodalibep, which aims to treat moderate-to-severe Sjögren’s disease in adults….
Prediction market platform Kalshi filed on Tuesday with federal regulators to seek approval to offer leverage on event contracts, a prevalent practice already on Wall Street for stocks and futures. The filing with the Commodity Futures Trading Commission — the federal regulator for event contracts — comes from Kalshi Klear, the company’s internal clearing house….
Check out the companies making headlines before the bell: Alibaba — Shares popped more than 3% after CEO Eddie Wu said at the company’s Apsara Conference that Alibaba Cloud plans to operate more than 20 gigawatts of data centers globally by 2032, according to FactSet. He also launched the Zhenwu V900 chip. Quest Diagnostics ,…
U.S. President Donald Trump makes a toast during a state banquet hosted by Chinese President Xi Jinping at the Great Hall of the People on May 14, 2026 in Beijing, China. Alex Wong | Getty Images News | Getty Images BEIJING — With two days to go before Chinese President Xi Jinping is expected to…
Jamie Dimon, Chairman and Chief Executive Officer of JPMorgan Chase & Co., attends the ribbon-cutting ceremony opening the firm’s new headquarters at 270 Park Avenue, in New York City, U.S., October 21, 2025. Eduardo Munoz | Reuters The artificial intelligence spending boom is showing little sign of slowing, with investment across the hyperscaler ecosystem potentially…
