Top News - CNBC

1. Xi asks Trump if U.S. and China can avoid 'Thucydides Trap' at high-stakes summit

2. In photos: Trump kicks off high-stakes summit with Xi

3. Cisco's stock pops 17% on surging AI orders, as company says it's cutting almost 4,000 jobs

4. Kevin Warsh wins Senate confirmation as the next Federal Reserve chair

5. Oil rises as IEA flags greater volatility ahead, OPEC cuts demand forecast

6. Inside India newsletter: Trump-Xi meeting could test India’s positioning as China counterweight

7. Cerebras prices IPO above expected range, as Wall Street braces for AI tsunami

8. Asia-Pacific stocks trade mixed as Trump lands in Beijing for high-stakes Xi meeting

9. Japan's global defense business may be on the cusp of a big breakout

10. Mortgage rates move to highest level in 5 weeks, but homebuyers shake it off

11. Gas tax holiday as Trump promises? Not so fast, trucking, construction industries say

12. Analysis: Trump finally gets his man at the Fed. Will Kevin Warsh disappoint him?

13. Microsoft feared being too dependent on OpenAI, Musk-Altman trial testimony reveals

14. Wholesale inflation jumps 6% in April on annual basis, biggest increase since 2022

15. Bulls bet big on these three China-related stock trades during Trump visit

16. Altman details Musk's OpenAI fallout, says nonprofit was 'left for dead'

17. Mortgage rates jump to highest level since March on hotter inflation reports

18. Beer demand stumbles as gas prices surge, data shows

19. This stock is our favorite way to hedge against the pickup in inflation

20. Allegiant CEO makes case for low-cost airline model as Sun Country acquisition closes