Monica Ricks

Key members led by Saudi Arabia and Russia raised collective targets by 188,000 barrels a day next month.

Meantime, aviation leaders are meeting in Brazil this weekend and signaling clear skies when it comes to travel demand this summer, despite a jet fuel supply crunch and higher fares.

United Airlines CEO Scott Kirby weighed in for Rio.

That's United CEO Scott Kirby on Bloomberg this weekend.

The carriers had to make adjustments due to higher jet fuel prices.

Kirby says they've cut 5% of flights so far and raised ticket prices by 20%.

Delta President Peter Carter is also at that aviation summit and talked about premium experiences.

He says despite higher fares, people are still splurging.

As more airlines cut back, Delta announced it's starting nonstop flights to Saudi Arabia in October.

Chinese President Xi Jinping is heading to North Korea tomorrow in a likely bid to reassert Beijing's influence over an emboldened Kim Jong-un.

The country is said to be rapidly expanding its nuclear arsenal and deepening its alliance with Russia.

Xi's visit to Pyongyang will be the first in seven years, and it comes just weeks after he hosted President Trump and Russia's Vladimir Putin in Beijing.

Here at home, a manhunt continues in Ohio where police are looking for two shooters who injured 12 people at a street festival in Toledo.

Councilman John Hobbs.

Today's festivities have been canceled.

In Washington, tech industry leaders have some reservations over new AI framework that's now making its way through the House.

Bloomberg's Amy Morris reports.

OpenAI is gearing up for a major platform overhaul ahead of its highly anticipated IPO later this year.

The Financial Times reports the company plans to transform ChatGPT from a standard Q&A chatbot into a more comprehensive super app.

Those changes could roll out in just a few weeks.