Business Update

Elon Musk and other powerful executives who accompanied President Trump to China are hoping to clear roadblocks put up by Beijing. Source link

Walmart, Target and TJ Maxx recently reported increases in sales, but shoppers are seeking out low-price items and cutting back in some categories, a potentially worrying sign for the U.S. economy. Source link

The average rate on a 30-year mortgage rose amid growing concerns over inflation and as the war with Iran showed no sign of ending. Source link

The Justice Department claims that clinics used fake diagnoses and kickbacks to parents to bring children into treatment. Source link

An appeals court in Paris said the airline and airplane manufacturer were guilty of involuntary manslaughter for their role in a plane crash over the Atlantic Ocean. Source link

The executive order, which would signal a shift from the hands-off approach the White House previously took, follows debates over how to gain control over A.I. models without disrupting innovation. Source link

The U.S. tech giant’s powerful H200 chip seemed poised to boost Beijing’s A.I. ambitions, but not a single one has been purchased in China. Source link

Across Wall Street, bankers have been clamoring to lead what is expected to be the biggest-ever initial public offering. Source link

The retailers reported increases in sales, even as higher fuel costs drove up the cost of everyday goods. Source link

People who got the injection, retatrutide, lost 28 percent of their body weight on average after 80 weeks, Eli Lilly said. Source link