Mortgage Rates Rise Above 7%
Summary
President Trump hosted Chinese leader Xi Jinping in a high-profile state visit, focusing on trade, AI, and avoiding geopolitical conflict. Meanwhile, rising bond yields have pushed mortgage rates above 7%, signaling a new normal for the housing market. Other stories include Netanyahu’s UN speech, a federal judge lifting Trump’s ban on certain journalists, and tech groups urging the administration to drop new H-1B visa fees.
Topics discussed
Sponsor: ReliaQuest Agent Defense AI
Headlines: Trump-Xi visit, bond yields, and mortgage rates
Trump welcomes Xi Jinping with pomp and pageantry
Tone of US-China talks and the Thucydides trap
US-China nuclear arms control and transparency talks
Indicators of success in US-China diplomatic talks
Netanyahu's UN speech and walkouts by delegates
Federal judge lifts Trump's ban on White House journalists
Tech industry pushes to drop H-1B visa fee
New York sues Polymarket over illegal gambling claims
Sponsor: Charles Schwab Washington Wise
Mortgage rates above 7% and housing market inventory
Rising bond yields, oil prices, and stock market close
Starbucks to close 250 underperforming cafes
Ethiopia conflict reignites after truce collapse
French butter as a chic souvenir for US tourists
Interview: Tips for transporting French butter home
Credits and closing remarks
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