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🇺🇸 WARSH: “The economy has indeed strengthened. Underlying growth is higher. Inflation is the problem.”

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🇺🇸 WARSH: It's important to establish AI task force by year-end.

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🇺🇸 WILD: In 1985, the median US home cost about 3.5 years of household income, and today it costs 5.

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🇺🇸🇨🇳 BIG: President Trump and China's Xi Jinping meet in Washington this week for a summit where AI is set to dominate the agenda, with Sam Altman and Jensen Huang in town for it.

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🇺🇸🇨🇳 Elon Musk says "China has prospered immensely" under President Xi Jinping. "He seems like a great leader."

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🇺🇸🇨🇳 JUST IN: The US and China have agreed on proposed tariff cuts covering $60B in goods, following talks between Trump and Xi.

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🇺🇸🇨🇳 JUST IN: Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng continue trade talks ahead of President Trump’s summit with Xi Jinping in Washington.

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🇺🇸🇨🇳 LATEST: Apple's Tim Cook and OpenAI CEO Sam Altman are set to join President Trump at next week's White House state dinner for Chinese President Xi, per Bloomberg.

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🇺🇸🇨🇳 LATEST: Bessent and China’s He Lifeng are meeting to discuss AI, trade and rare earths ahead of the Trump-Xi summit.

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🇺🇸🇨🇳 LATEST: Meta CEO Mark Zuckerberg will reportedly join other tech leaders at the White House state dinner for Chinese President Xi Jinping.

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🇺🇸🇨🇳 LATEST: Microsoft's Satya Nadella will join the OpenAI, Nvidia and Apple chiefs at the Trump-Xi state dinner, per Bloomberg.

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🇺🇸🇨🇳 LATEST: Treasury Secretary Scott Bessent said 12-hour talks with Chinese Vice Premier He Lifeng covered economics and AI. He added that Trump and Xi’s relationship has brought stability to US-China ties ahead of Xi’s Washington visit.

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🇺🇸🇨🇳 LATEST: Treasury Secretary Scott Bessent said the US wants a “shared vision of common goals and common threats” on AI with China.

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🇺🇸🇨🇳 NEW: Nvidia CEO Jensen Huang will reportedly join President Trump's state dinner for Chinese President Xi Jinping later this month in Washington.

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🇺🇸🇨🇳 NEW: Treasury Secretary Scott Bessent says the US and China agreed to set up a formal AI dialogue after "very successful" talks ahead of the Trump-Xi summit.

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🇺🇸🇨🇳 NEW: US and China are preparing to put AI safety on the table at the upcoming Trump-Xi summit, opening a rare window for dialogue despite their tech rivalry, per Nikkei Asia.

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🇺🇸🇨🇳 NOW: Treasury Secretary Scott Bessent says the US and China have agreed to extend their Busan trade truce until January 10.@cointelegraph 2 sources

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🇺🇸🇨🇳 TODAY: President Trump and First Lady Melania Trump greeted Chinese President Xi Jinping and Madame Peng Liyuan as they arrived in the US.

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🇺🇸🇨🇳 US and China agree to create communication channel for emergency AI incidents.

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🇺🇸🇪🇺 LATEST: The US wants the EU to release 120M barrels of diesel over 180 days while warning of a US export ban if refused.

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🇺🇸🇪🇺 TODAY: President Trump threatened new tariffs on the EU, or even cutting off some trade, if it moves to make Canada a potential associate of the bloc.

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🇺🇸🇮🇱 US prepares to sanction the International Criminal Court following previously issued arrest warrant for Israeli PM Netanyahu.

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🇺🇸🇮🇷 BIG: The US carries out military strikes targeting Iran as the conflict flares again, per AP.

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🇺🇸🇮🇷 BIG: Trump rejects Iran’s latest proposal to reopen the Strait of Hormuz, per CNN.

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