Amy Morris

Suspending the tax could be devastating for the Highway Trust Fund, which pays for the construction and repair of interstate highways, roads and bridges.

President Trump is expected to press President Xi Jinping over China's approach to Iran.

and hammer out details on a new board of trade when they meet this week in Beijing.

We're also learning that Elon Musk, Larry Fink, and David Solomon are among the executives invited to be part of the U.S.

delegation to China.

A White House official tells Bloomberg that executives from Boeing, GE Aerospace, Cargill, Visa, Qualcomm, Cisco, Citi, MasterCard, Meta, Apple...

All have been invited to join.

Reuters reporting that NVIDIA CEO Jensen Huang was not invited.

The White House focusing more on agriculture and commercial aviation matters.

Semiconductor stocks are on the rise, extending gains after many chip stocks closed at record highs.

On Friday, the latest surge boosted by continued investor enthusiasm over AI infrastructure buildouts.

Qualcomm up more than 7% and Micron nearly 7% higher.

We do check markets for you all day long here at Bloomberg.

The S&P 500 up a quarter percent.

NASDAQ up to tenths of a percent.

The Dow a little changed on the downside.

The 10-year Treasury yield at 4.4 percent and the two-year yield at 3.93 percent.

The Trump administration is opening the way to import more steaks and ground beef from overseas.

The Wall Street Journal reports the administration plans to temporarily reduce tariffs on beef imports as soon as today and that the White House will direct the Small Business Administration to increase loans and access to capital for ranchers.

while reducing protections for gray and Mexican wolves.