U.S.
- Federal Reserve Chair Jerome Powell said the economy faces risks to growth, jobs, and prices in remarks today. Reuters.
- Smithsonian museums and the National Zoo closed as the federal government shutdown continues. The Guardian.
World
- The U.S. and China implemented reciprocal port fees on certain ships, escalating a shipping dispute. Reuters.
- The EU pursued coordination with the U.S. and G7 on China’s tightened rare earth export controls. Reuters.
Business/Markets
- Gold hit a record high above $4,170 per ounce. Reuters.
- Oil fell more than 2% amid U.S.–China trade tensions and supply outlook updates. Reuters.
Tech/Media
- Instagram will default teen accounts to a PG-13-style content rating and expand safeguards. Reuters.
- OpenAI and Broadcom announced a collaboration to develop and deploy 10 GW of custom AI accelerators. OpenAI.