he U.S. stock market is pulling back from its record heights as Wall Street sifts through mixed developments on everything from the U.S.-China trade war to profits for Big Tech behemoths.
China has agreed to purchase 25 million metric tons of U.S. soybeans annually as part of an agreement reached by its leaders, Treasury Secretary Scott Bessent said Thursday.
The Trump administration is forging ahead with plans to eject some nonprofits from a popular student loan forgiveness program if their work is deemed to have a "substantial illegal purpose" — a move that could cut off some teachers, doctors and other public workers from federal loan cancellation.
President Donald Trump said he's made deals with China after meeting Chinese leader Xi Jinping on Thursday, the final day of a trip to Asia that was an opportunity for the leaders of the world's two largest economies to stabilize relations after months of turmoil over trade issues.
