IBT Staff Reporter

2431-2460 (out of 154954)

Wall St Gains As Bets Of Supersized Rate Hike Recede

U.S. stocks climbed on Friday as upbeat retail sales data allayed some concerns about an imminent recession, while investors scaled back bets of a supersized interest rate hike in July after comments from Federal Reserve policymakers.

China's Xi Makes Rare Visit To Once-restive Xinjiang

Chinese President Xi Jinping visited Xinjiang this week, making his first trip in eight years to the once-restive northwestern frontier region where the United States has accused China of genocide against the mostly Muslim Uyghur minority.

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