Federal Reserve Chair Kevin Warsh plans to attend an in-person hearing of the Fed Productivity and Employment Working Group on Nov. 16 in the San Francisco Bay Area to gather public input on technology, productivity and implications for monetary policy. Warsh said the session will assess how AI-driven productivity gains could affect the economy over the short, medium and long term, including whether they will make achieving price stability easier or harder and what the effects on employment may

Phillips 66 has chartered 40 additional vessels at rates below current freight market levels, which it says is expected to benefit its refining segment.

Beijing, Oct. 29 — Foreign Ministry spokesperson Guo Jiakun, at a regular briefing, was asked by an AP reporter about an announcement at the ASEAN defence ministers' meeting that the United States and Japan had agreed to jointly produce mid‑range air‑to‑air missiles. Guo said US‑Japan security cooperation should not undermine regional peace and stability or be directed against or harm the interests of other countries. He accused Japan’s current government of repeatedly breaching international and domestic law under the pretext of countering threats, challenging the post‑war international order and threatening regional peace and stability, and said the international community must be highly vigilant and firmly contain such actions.