Oil Prices Jump 3% as Houthi Attack Revives Supply Fears 
Asian Stocks Fall as Bond Yields Surge Ahead of Trump-Xi Summit 
Trump to Ease U.S. Fuel-Economy Standards 
China Agrees to Buy 20 Million Tons of U.S. Coal 
Japanese Bank Stocks Surge as Bond Yields Fuel Rate Hike Bets 
Gold Holds Near $4,275 as Rising Treasury Yields Fuel Fed Rate Hike Bets 
ECB May Stop Rate Hikes After December, Capital Economics Says 
UK PM Burnham to Unveil Economic Vision at Labour Conference 
Wall Street Ends Flat as Oil, Treasury Yields and Fed Jitters Rattle Markets 
Fed Unveils Stablecoin Rules Under GENIUS Act 
Soybean Futures Slip as Traders Await Trump-Xi Trade Signals 
Mexico-US Trade Talks Delayed to October as Tariff Negotiations Continue 
Asian Stocks Fall as Surging Bond Yields Rattle Markets 
Gold Prices Fall as Treasury Yields Rise on Fed Rate Hike Bets 
European Stocks Fall as Bond Yields and Geopolitical Risks Weigh 
China Consumer Stocks Near Decade Lows as AI Shares Surge 
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Biden to Host Trump at White House in Historic Meeting
In a landmark moment for American politics, President Joe Biden will meet with President-elect Donald Trump at the White House on Wednesday, following Biden’s formal invitation. White House Press Secretary Karine Jean-Pierre confirmed this meeting in a statement released Saturday.
Trump, who won the presidential election on November 5 against current Vice President Kamala Harris, will officially take office on January 20. “At President Biden’s invitation, President Biden and President-elect Trump will meet in the Oval Office on Wednesday,” Jean-Pierre announced.
Initially, Biden, a Democrat, intended to run for a second term. However, he exited the race in July after a challenging debate against Republican contender Trump. Biden addressed his upcoming meeting with Trump when asked about potential threats to democracy, saying, “I'm going to see him on Wednesday,” though he offered no further details.
Biden shared these remarks with reporters on Saturday after attending a church service in Rehoboth Beach, Delaware, where he spent the weekend. He did not disclose what topics he might discuss with Trump, leaving the nation speculating on the nature of this pivotal conversation.
