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It feels bleak.New Jersey Transit engineers strike, impacting 350,000 passengersFrom free planes to crypto meme coins, Democrats seize on Trump’s deals to raise corruption concernsWhy are woodpeckers attacking cars and ruffling feathers of US homeownersThumbprint on cigarette carton leads to arrest in 1977 death of young womanA lazy-crazy river and water slide towers: Inside Royal Caribbean’s new Mexico destinationUS stock futures lower amid focus on corporate newsNo bond given for FSU shooting suspect, Phoenix Ikner, during court appearance on murder and other chargesBryan Kohberger back in court for likely final pretrial hearing in Idaho student killings caseNFL schedule release winners, losers: Get ready for NFC East, RodgersU.S. citizen was held on immigration charges in Arizona for 10 daysTariffs plunged Chinese imports to lowest levels since the pandemicMore than 100 lawmakers urge scrapping of federal plans to cut LGBTQ lifeline servicesWomen in their 30s, petite, red hair: The victims targeted by the ‘Casanova Killer’Global Perception of the U.S. Plummets Amid Trump’s Second TermMargaritaville at Sea will expand with third cruise ship next yearPacers close out top seed Cavaliers, advance to conference finals: HighlightsFDA moves to take fluoride supplements for children off the marketAbout 3 in 10 US adults follow women’s sports, a new AP-NORC poll findsEpiscopal Church says it won’t help resettle white South Africans granted refugee status in USWill the Menendez brothers be released? 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You Should Be Worried About IP.Economic outlook brightens, recession odds fall after US-China tariff dealKnicks have defending NBA champion Celtics on brink of elimination after Game 4 winChilling video shows 2 young brothers handling gun before one of them pulls the triggerHouse Republicans propose $5 billion for private school vouchersUS and China Take a Step Back From Sky-High Tariffs, Agree to Pause for 90 DaysOpening statements are expected in the Sean ‘Diddy’ Combs trafficking trialTrump’s reshaping of higher education tests America’s appeal for international studentsWho planned the trip? 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Experts say the numbers don’t add up1 student killed and 2 wounded in stabbing outside Southern California high schoolNearly 60 cases dismissed due to corruption in Alabama police departmentWarriors struggle without Curry, Timberwolves tie series: Highlights

Stocks rally on US-China talks, China rate cut

U.S. and global stock markets rallied on Wednesday, May 7, 2025, driven by renewed optimism over U.S.-China trade relations and China’s latest monetary easing measures.

🔹 Market Highlights

  • U.S. Stock Futures: Futures for major U.S. indices, including the S&P 500, Dow Jones Industrial Average, and Nasdaq 100, rose approximately 1% late Tuesday, buoyed by the announcement of upcoming trade talks between the U.S. and China.

  • Chinese Markets: Chinese stocks also experienced gains, with the Shanghai Composite and Shenzhen Component indices rising, as investors welcomed the People’s Bank of China’s (PBOC) decision to cut key interest rates to support economic growth amid escalating trade tensions.

🤝 U.S.-China Trade Talks

The U.S. Treasury Secretary Scott Bessent and Trade Representative Jamieson Greer are scheduled to meet with China’s Vice Premier He Lifeng in Geneva this weekend. This meeting marks the first formal engagement between the two nations since the escalation of their trade war, with discussions expected to focus on de-escalation strategies and potential tariff reductions.

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