A summit between the Presidents of the United States and China has paved the way to improve relationship between the two major economic powers in a number of areas.
During their four hours-long meeting in Woodside, California, US President Joe Biden and his Chinese counterpart Xi Jinping agreed on taking joint actions to curb fentanyl production and restore military communication lines between the two countries.
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Political News
April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.