Stocks jumped for the second straight week and reached record highs Friday as Washington trade and shutdown drama took a back seat to cooler inflation data and stronger earnings. The S & P 500 and Nasdaq rose 2% and 2.3%, respectively, for the week. In fact, the S & P 500 on Friday peaked above…
China’s Minister of Commerce Wang Wentao spoke alongside other senior officials at a press conference on Friday, Oct. 24, 2025. Picture Alliance | Picture Alliance | Getty Images BEIJING — The U.S. and China can still find ways to work together, Chinese Commerce Minister Wang Wentao told reporters Friday, ahead of an expected meeting between…
A HDR evening shot taken at sunset of the Tokyo skyline. Fgm | E+ | Getty Images Asia-Pacific markets rose Friday, after the White House said that U.S. President Donald Trump and China’s President Xi Jinping were set to hold talks next week. U.S. Press Secretary Karoline Leavitt said Trump will leave for Malaysia late…
Zoom In IconArrows pointing outwards Kremlin envoy proposes ‘Putin-Trump tunnel’ to link Russia and U.S. Reuters President Donald Trump said Friday that a Russian proposal for Elon Musk and his tunneling business, the Boring Company, to build an undersea rail tunnel through the Bering Strait was “interesting” and he’d have to think about it. “That’s…
Treasury Secretary Scott Bessent will speak by phone on Friday with Chinese Vice Premier He Lifeng to discuss the ongoing trade negotiations between the United States and China, a senior Trump administration official told CNBC’s Eamon Javers. Additional details about the call, including the specific time it would take place or the next steps to…
Treasury Secretary Scott Bessent insisted Wednesday that the U.S. won’t change its trade negotiating stance on China due to stock market volatility. President Donald Trump “likes a high stock market,” but he “believes that the high stock market is a result of good policies,” Bessent said in an exclusive interview at CNBC’s Invest in America…
U.S. President Donald Trump looks on during an announcement about lowering U.S. drug prices, at the White House in Washington, D.C., U.S., Oct. 10, 2025. Kent Nishimura | Reuters On Friday morning, the S&P 500 was less than a couple of points from another all-time high. Then, after a single social media post from President…
U.S. and Chinese officials have been working to arrange a summit between U.S. President Donald Trump and Chinese President Xi Jinping in the coming months, which will likely take place in Beijing, experts said. Dilara Irem Sancar | Anadolu | Getty Images President Donald Trump on Friday threatened to slap a “massive increase of Tariffs”…
Vice President JD Vance visits “Fox News Sunday” on January 11, 2025. Paul Morigi | Getty Images Entertainment | Getty Images Vice President JD Vance on Sunday said he is optimistic about the future of TikTok in the U.S. “I feel very confident that we have successfully separated this company from TikTok global and actually…
This report is from this week’s CNBC’s The China Connection newsletter, which brings you insights and analysis on what’s driving the world’s second-largest economy. You can subscribe here. The big story Many in business circles were hoping for a sweeping U.S.-China trade deal, but an agreement now looks even more elusive. The fate of TikTok in…
