Stocks, dollar up on hope of U.S.-China trade deal despite lack of details

SYDNEY, Australia — Wall Street stock futures climbed and the dollar firmed against safe haven peers on Monday as signs of progress in U.S.-China trade talks raised hopes that a global recession might be avoided, though specifics were still sorely lacking. Geopolitical tensions also looked to be easing as a fragile ceasefire held between India and Pakistan, while Ukrainian…

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Trump administration fires top copyright official days after firing Librarian of Congress

WASHINGTON — The Trump administration has fired the nation’s top copyright official, Shira Perlmutter, days after abruptly terminating the head of the Library of Congress, which oversees the U.S. Copyright Office. The office said in a statement Sunday that Perlmutter received an email from the White House a day earlier with the notification that “your position as the…

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Zepbound beats Wegovy for weight loss in first head-to-head trial of blockbuster drugs

People taking Eli Lilly’s obesity drug, Zepbound, lost nearly 50% more weight than those using rival Novo Nordisk’s Wegovy in the first head-to-head study of the blockbuster medications. Clinical trial participants who took tirzepatide, the drug sold as Zepbound, lost an average of 50 pounds (22.8 kilograms) over 72 weeks, while those who took semaglutide, or Wegovy, lost about…

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A U.S.-China deal is hinted at and Hamas releases an American hostage: Weekend Rundown

The White House on Sunday touted a “China trade deal” — without providing details — after two top U.S. officials alluded to a potential agreement with China following talks between the two countries in Switzerland over the weekend. “U.S. Announces China Trade Deal in Geneva,” read the White House’s headline for a transcript of Treasury Secretary Scott Bessent’s and…

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