Economics

Swiss and U.S. negotiators neared a deal to cut U.S. tariffs on Swiss imports to about 15%, down from roughly 39%, after pressure from Swiss business leaders.

Douglas A. Irwin, Daniel W. Drezner, Hakan Yilmazkuday, Iikka Korhonen, Dean Baker and 13 more

Der Spiegel, Handelsblatt, Financial Times and 3 more

Jacob Wallenberg said EU risked falling behind if it overregulated AI, as investors pushed global markets higher on AI-driven optimism in Europe and Japan.

Erik Brynjolfsson, Justin Wolfers, Avi Goldfarb, Alejandro Werner, Serge Belongie and 10 more

U.S. stocks rallied as investors grew optimistic a deal to end the federal government shutdown appeared likely, with the Nasdaq up 2.3% and the S&P 500 up 1.5%.

Laurence J. Kotlikoff, Justin Wolfers, Cem Işık, Iikka Korhonen, Will Jennings and 4 more

China lifted restrictions on exports of Nexperia-made automotive chips, allowing suppliers to resume shipments to European automakers after the Netherlands temporarily seized control of the Dutch factory.

Oliver Stuenkel, Sonia I. Seneviratne, Peter Thorne, David Bailey

Lega filed hundreds of amendments to Italy's budget, proposing wider tax amnesty and changes to survivor pensions for civil unions, ahead of the Nov. 14 deadline.

King Felipe VI began a three-day state visit to China in Chengdu, inaugurating a Spain–China business forum to deepen commercial ties and defend multilateralism.

Bundeswirtschaftsministerin Katherina Reiche forderte in einer Grundsatzrede eine "Agenda 2030" mit weitreichenden Strukturreformen, um Wachstum zu sichern, die in der SPD und Teilen ihrer Partei auf Skepsis stießen.

Menzie Chinn, Iikka Korhonen, Caroline Fohlin, Katja Rietzler