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​FILE PHOTO: Chinese President Xi Jinping waves as he walks with U.S. President Joe Biden at Filoli estate on the sidelines of the Asia-Pacific Economic Cooperation (APEC) summit, in Woodside, California, U.S., November 15, 2023.
What We're Watching

Biden and Xi catch up

US President Joe Biden and Chinese President Xi Jinping spoke for nearly two hours on Tuesday, in a wide-ranging conversation meant, as one senior official put it, to serve as a “check-in.”

US oil companies fill their coffers
Hard Numbers

US oil companies fill their coffers

While the average American household has spent $1,100 more on gas and diesel since the start of the Iran war, oil companies have been profiting from higher fuel prices.