Bessent and China Hail Progress on A.I. Talks. Now Comes the Hard Part. NYT - Business By: Andrew Ross Sorkin， Bernhard Warner， Sarah Kessler， Michael J. de la Merced， Niko Gallogly， Brian O’Keefe， Sri Muppidi and Lauren Hirsch 21 September 2026 at 12:01 Artificial intelligence and more are expected to be big issues at this week’s summit between President Trump and Xi Jinping, China’s top leader. © Vincent Alban/ReutersTreasury Secretary Scott Bessent said that transparency “between the No. 1 and the No. 2 A.I. powers in the world is very important.”
Japan Raises Interest Rates to 31-Year High Under U.S. Pressure NYT - Business By: River Akira Davis 18 September 2026 at 09:00 The Bank of Japan’s widely expected move followed an unusual campaign by Treasury Secretary Scott Bessent for higher rates. © Kazuhiro Nogi/Agence France-Presse — Getty ImagesThe Bank of Japan governor, Kazuo Ueda, indicated that underlying inflation was approaching the central bank’s 2 percent target after months of steady signals.
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