Beijing needs room to tackle economic troubles at home while reducing its vulnerability to American pressure

Among those invited are Nvidia’s Jensen Huang and OpenAI’s Sam Altman

The US president’s remarks include a comment on ‘great friendship’, rather than focusing on policy differences

Long-standing feuds linger between the superpower rivals on issues including trade and Taiwan

Xi hopes US would oppose Taiwan independence, reports Xinhua

Traders see a roughly 70% chance of another rate increase when the Federal Reserve next meets in October

Two leaders will discuss ‘super intelligence’ - his name for AI - but Trump does not expect any substantive policy moves

Initial claims for state unemployment benefits slip to a seasonally adjusted 197,000

None name Teo and the executives of the other alleged cartel members as defendants, unlike earlier suits

Fed projects a slow return to inflation target, but no rise in unemployment