Trump says US-China trade talks to be held in London on June 9

This week’s Wall Street Week newsletter dives into two big topics: the shifting dynamics with China and the surprising world of investing in law firms. Host David Westin sat down with heavyweights Larry Summers and Niall Ferguson to unpack China’s future—think economic power plays and global tensions. Then, the discussion pivots to the quirky but growing trend of putting money into law firms, which isn’t your typical investment. It’s a mix of high-stakes geopolitics and niche finance, served with a side of “huh, didn’t see that coming.”

Editor’s Note: China’s economic moves and the legal industry’s evolution might seem unrelated, but both signal how traditional rules are bending. Investors and policymakers are scrambling to adapt—whether it’s navigating a rising (or stumbling) China or betting on law firms as assets. For readers, it’s a heads-up that the game is changing in unexpected ways, and staying ahead means paying attention to these oddball intersections.

A Bank of England policymaker, Megan Greene, has warned that the central bank isn’t feeling overly optimistic about the current inflation spike, calling it a "hump" that’s proving stubborn. While some hoped inflation would ease quickly, Greene’s comments suggest the road ahead might be bumpier than expected.

Editor’s Note: Inflation isn’t going away as smoothly as hoped, and that’s a problem for everyone—from shoppers feeling the pinch to businesses planning budgets. The Bank of England’s cautious tone signals that interest rates might stay higher for longer, squeezing wallets even more. If you were hoping for relief soon, don’t hold your breath.

A popular fast-food chicken chain is teetering on the edge after filing for Chapter 11 bankruptcy—and even though a potential buyer has stepped in, the court isn’t convinced the deal will work. The chain could still shut down for good if things don’t turn around fast.

Editor’s Note: This isn’t just about one chain closing—it’s a sign of how brutal the restaurant industry can be right now, especially for fast-food brands struggling with costs and competition. If this deal falls through, jobs and locations could vanish, leaving a hole in communities that rely on them.

A tech expert is betting that Broadcom might outpace Nvidia in the semiconductor race, thanks to a potential game-changing opportunity to dominate the market. While Nvidia’s been the darling of AI chips lately, Broadcom could be gearing up for a major leap.

Editor’s Note: If Broadcom pulls this off, it could shake up the tech world—Nvidia’s not the only heavyweight in town. For investors and tech watchers, this signals a possible shift in who’s calling the shots in chip innovation. Competition is heating up, and that’s usually good news for progress (and maybe even prices).

Elon Musk and Donald Trump, once political allies, are now publicly feuding—and their supporters are being dragged into the drama. The spat has turned ugly, with both sides trading barbs and forcing people in their orbits to choose sides. It’s a messy rift between two of the most polarizing figures in American public life.

Editor’s Note: This isn’t just celebrity gossip—it’s a clash between two power players with massive influence over media, business, and politics. Their falling-out could reshape alliances, affect voter sentiment, and even impact the upcoming election cycle. When these two fight, the stakes are bigger than just personal beef.