According to CNN, a preparatory meeting between Mr. Rubio and Mr. Lavrov has been put on hold urgently, and fundamental differences between the two sides are becoming insurmountable obstacles. The "Trump-Trump meeting", originally scheduled to be held in Budapest, has reached an impasse before it sails. Click to view
Federal Reserve Chairperson Jerome Powell said January's inflation data suggest the central bank is close to but not yet on target for inflation.
Vice President Harris said he has not yet chosen a running mate.