Kai Risdahl

The president talks about wanting to have Chinese factories on American soil, but foreign direct investment from China into the United States is way down as well.

So there are some hurdles here, right, to this reopening and reconnecting.

So I'm sure you saw the headlines this morning that President Xi had said to President Trump as they were discussing things that Xi hopes that we can avoid, the United States and China can avoid the Thucydides trap.

Now, I confess I had to go look that one up because it's been a long time since I've studied that stuff.

But it's basically the conflict that arises when a rising power like China takes on in every possible way the established power of the United States.

you're not a political scientist, but you've been around the block a couple of times.

Frame that for me in the context of the global economy and the competition that exists now between these two powers.

Adam Posen.

He's the president of the Peterson Institute for International Economics, also a regular contributor to this program where we have questions about international affairs in China and all that stuff.

Adam, thanks a lot.

I appreciate it.

Thank you, Kyle.

Versant reported quarterly profits today better than analysts had been guessing, but not great.

For those perhaps not up on the corporate machinations of the cable and television sector, Versant is what happened earlier this year when Comcast spun off a bunch of its cable networks.

The parent company, Versant is, of CNBC and MSNOW and E, said ad revenues fell 5% thanks to falling ratings.

That one-time crown jewel of any media company, traditional television, is taking a backseat to digital, as you know, in no small part because advertising can be targeted a whole lot better.

So, enter now, agentic AI ad buying.

It has been all the rage this week at the upfronts.

Those are the annual dog and pony shows where media companies sell their upcoming stuff to ad buyers.

Marketplace's Megan McCarty Carino has that one.