U.S. Treasury Secretary Scott Bessent said Wednesday that "there is an opportunity for a big deal here" on trade issues between the United States and China. Tech giant Google is demanding that some remote employees return to the office if they want to keep their jobs A dozen states sued President Donald Trump and his administration Wednesday,

Shares of electric carmaker Tesla surged 6.5% in the first trading since CEO Elon Musk said his time devoted to the Department of Government Efficiency would "drop significantly" next month, paving the way for his return to the company.

Mr Trump’s decision to consider backing down in his trade war comes as the harm it has caused America’s economy becomes clearer. Trade shipments between China and the US are collapsing and a critical survey of American businesses shows growth in activity slumped to a 16-month low.