Trump, Xi Begin State Visit, Oil Soars on Iran Threat, More
Summary
President Trump hosts Chinese President Xi for a state visit focused on trade and AI, while press outlets fight for White House access. Oil prices surge as Iran threatens expanded conflict, driving bond yields to 20-year highs and pressuring stocks. Fed officials signal potential rate hikes amid resilient labor data. In business news, Pepsico raises snack prices, GoDaddy faces a takeover bid, and New York sues Polymarket over alleged illegal gambling.
Topics discussed
ChatGPT Work feature introduction
Trump hosts Xi Jinping for state visit
CNN and Politico barred from White House
Iran-US talks and Middle East tensions
Oil prices surge and bond yields rise
Fed officials hint at further rate hikes
PepsiCo raises prices; GoDaddy takeover bid
Oracle data center delay and loan issues
New York sues Polymarket over gambling
IBM AI business solutions ad
Cincinnati Insurance commercial
Global Payments dog grooming ad
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