Bessent says US won’t hit China with tariffs over Russian oil unless Europe goes first

The S&P 500 and Nasdaq have reached new record highs, driven by positive investor sentiment stemming from improved U.S.-China trade relations and expectations of interest rate cuts.

Editor’s Note: This development is significant as it reflects growing confidence in the market, which could lead to increased investment and economic growth. The thawing trade relations between the U.S. and China are particularly important, as they have been a source of uncertainty for investors.

China has issued a trade warning to the US, claiming that Nvidia has violated its anti-monopoly laws. This escalation in tensions could impact future trade relations and technology exchanges between the two nations.

Editor’s Note: This situation is significant as it highlights ongoing trade disputes and regulatory challenges between the US and China, particularly in the tech sector. Nvidia's position in the market makes this issue particularly relevant for investors and policymakers.

Trump's decision to end a duty exemption for small shipments to the US has significantly impacted Canadian luxury retailer Ssense, contributing to its bankruptcy filing.

Editor’s Note: This situation highlights the challenges faced by retailers in the current economic climate, especially those relying on international shipments. The removal of the duty exemption could set a precedent affecting other businesses in the luxury sector.

American Airlines and Delta Air Lines have suspended several pilots due to controversial posts on social media. This decision highlights the increasing scrutiny on airline staff conduct.

Editor’s Note: The suspension of pilots by major airlines like American Airlines and Delta Air Lines raises important questions about social media use and professional conduct. It reflects the airlines' commitment to maintaining a positive public image and ensuring that their employees adhere to expected standards.

Uranium stocks have surged following the US government's announcement to increase its strategic stockpile. This move is seen as a significant boost for the uranium market and reflects growing interest in nuclear energy.

Editor’s Note: The decision to enhance the strategic stockpile is crucial as it signals the US's commitment to nuclear energy and energy security. This could lead to increased investments in uranium, benefiting the industry and potentially creating jobs.

A former Trump official suggests that a deal between the U.S. and China to prevent a TikTok ban is nearing completion. This development could have significant implications for the popular social media platform and its users.

Editor’s Note: This matters because TikTok is a major platform for content creators and businesses. A ban could disrupt millions of users and impact the economy. A deal would ensure the app's continued operation in the U.S., providing stability for its users and stakeholders.

President Trump is set to speak with China's President Xi on Friday, a call that could significantly impact US-China relations.

Editor’s Note: This conversation is crucial as it may shape the future of diplomatic ties between the US and China, two major global powers. Understanding their relationship is vital for international stability and economic cooperation.

Britain and the US are set to sign a significant nuclear power agreement during President Trump's visit, enhancing cooperation in energy production.

Editor’s Note: This pact is crucial as it strengthens the energy ties between the two nations, promoting advancements in nuclear technology and ensuring energy security.

The U.S. has reached a preliminary agreement with China regarding TikTok, which may pave the way for President Trump's visit to China.

Editor’s Note: This agreement is significant as it reflects ongoing diplomatic efforts between the U.S. and China, particularly in the tech sector. A successful deal could enhance relations and open doors for future negotiations.

The U.S. and China have agreed on a framework for the potential sale of TikTok, signaling progress in negotiations that could impact the app's future in the U.S.

Editor’s Note: This agreement is significant as it may alleviate concerns over data privacy and national security related to TikTok, potentially allowing the app to continue operating in the U.S. market.

China's tariff investigation may lead to significant changes in the analog chip market, according to Bernstein. This could impact global supply chains and pricing strategies.

Editor’s Note: Understanding the implications of China's tariff investigation is crucial for businesses and investors in the tech sector. It could reshape market dynamics and influence how companies approach sourcing and manufacturing.

Robinhood Markets Inc. is set to launch a closed-end fund aimed at providing US retail investors with access to private companies. This initiative is expected to enhance investment opportunities for everyday investors.

Editor’s Note: This matters because it opens up new avenues for retail investors, allowing them to diversify their portfolios and invest in private companies that were previously inaccessible. It reflects a growing trend of democratizing investment opportunities.

Amazon is set to launch 'Prime Vision', an augmented reality service that will enhance football coverage with gaming-style graphics. This initiative aims to engage younger audiences in sports.

Editor’s Note: This matters because it represents a significant shift in how sports are presented, potentially attracting a new generation of fans. By integrating technology with traditional sports broadcasting, Amazon is positioning itself as a leader in innovative viewing experiences.

HBO and Noah Wyle excelled in drama, while Apple and Seth Rogen shined in comedy at the Emmy Awards, showcasing their creative talents.

Editor’s Note: This year's Emmy Awards highlighted the achievements of major players in the entertainment industry, with HBO and Apple receiving significant recognition. The event celebrates excellence in television, making it a key moment for creators and audiences alike.

Russia conducted joint military exercises with Belarus near Minsk, showcasing live fire and air strikes. The drills highlight the defense relationship between the two nations amid rising tensions in the region.

Editor’s Note: These exercises are significant as they demonstrate the military cooperation between Russia and Belarus, especially in light of recent tensions involving Ukraine and NATO countries. Observers are concerned about the implications for regional security.

Amazon is offering a keyless entry door handle originally priced at $133 for just $75. Reviewers praise it as a simple DIY upgrade.

Editor’s Note: This deal is significant as it provides an affordable option for enhancing home security. Keyless entry systems are increasingly popular, and this product's positive reviews suggest it could be a great choice for homeowners looking to upgrade.

Wall Street indexes closed higher as investors showed optimism ahead of the Federal Reserve meeting. Tesla and Alphabet stocks saw significant gains, contributing to the positive market sentiment.

Editor’s Note: This matters because it reflects investor confidence in the market and the potential impact of the Federal Reserve's decisions on interest rates and economic growth. A strong performance from major companies like Tesla and Alphabet can influence broader market trends.

Madison Industries is considering selling Filtration Group for over $10 billion, indicating strong market interest and potential growth.

Editor’s Note: This potential sale highlights the value of Filtration Group in the market and could lead to significant changes in the filtration industry, impacting stakeholders and investors.