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Wall Street points higher ahead of Federal Reserve interest rate call

Wall Street is poised to open with gains as the Federal Reserve wraps up a two-day policy meeting where it will almost certainly leave interest rates unchanged despite pleas from President Donald Trump for a rate cut as he pursues a worldwide trade war.

Futures for the S&P 500 and the Nasdaq composite rose 0.6% before the bell Wednesday. Futures for the Dow Jones Industrial Average rose 0.7%.

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China's central bank cuts key interest rate as US tariffs threaten economy

China announced a barrage of measures meant to counter the blow to its economy from U.S. President Donald Trump 's trade war, as the two sides prepared for talks later this week.

Beijing's central bank governor and other top financial officials outlined plans Wednesday to cut interest rates and reduce bank reserve requirements to help free up more funding for lending. They also said the government would increase the amount of money available for factory upgrades and other innovation and for elder care and other service businesses.

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Disney parks thrive in second quarter, adds well over 1 million streaming subscribers

Disney's posted solid profits and revenue in the second quarter as its domestic theme parks thrived and the company added well over a million subscribers to its streaming service.

For the three months ended March 30, Disney earned $3.28 billion, or $1.81 per share. The Burbank, California, company lost $20 million, or a penny per share, a year earlier.

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Top US officials to meet with Chinese delegation in Switzerland in first major trade talks

Top U.S. officials are set to meet with a high-level Chinese delegation this weekend in Switzerland in the first major talks between the two nations since President Donald Trump sparked a trade war with stiff tariffs on imports.

Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer will meet with their counterparts in Geneva in the most-senior known conversations between the two countries in months, the Trump administration announced Tuesday. It comes amid growing U.S. market worry over the impact of the tariffs on the prices and supply of consumer goods.

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KSA inclined to lift Lebanon travel ban on 1st day of Eid al-Adha

Saudi Arabia is inclined to lift the ban on the travel of its citizens to Lebanon on the first day of Eid al-Adha, which is expected to be marked on June 6, Al-Jadeed TV reported on Wednesday.

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First Emirati planes land in Beirut after travel ban lifted

Two Emirati passenger planes landed Wednesday at the Rafik Hariri International Airport after the UAE lifted its travel ban on Lebanon.

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Aoun: We're looking forward to the coming days with a lot of optimism

President Joseph Aoun said Wednesday that “the difficult circumstances that Lebanon went through have become behind us.”

“We’re looking forward to the coming days with a lot of optimism,” Aoun added, during a meeting in Baabda with the head of the Arab Fund for Economic and Social Development, Badr Mohammed Al-Saad.

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Threatened by Trump tariffs, Japan walks delicate tightrope between US and China

Just as Japan's top trade negotiator traveled to Washington for another round of tariff talks last week, a bipartisan delegation bearing the name of "Japan-China Friendship" wrapped up a visit to Beijing.

A week earlier, the head of the junior party in Japan's ruling coalition was in Beijing delivering a letter from Japanese Prime Minister Shigeru Ishiba addressed to Chinese President Xi Jinping. Details of the letter are unknown, but the two sides discussed U.S. tariffs in addition to bilateral issues.

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Restoring financial trust in Lebanon: AUB to host conference on economic recovery

In response to Lebanon’s ongoing financial challenges, the American University of

Beirut (AUB) will host a conference titled Restoring Financial Trust in Lebanon:

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How the stock market made back all its losses after Trump escalated the trade war

It felt much longer, but the U.S. stock market needed just a few weeks to roar all the way back to where it was on President Donald Trump's "Liberation Day." That's when he shocked Wall Street by announcing much steeper tariffs than expected on nearly all U.S. trading partners.

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