Russia and Ukraine agreed to exchange 1,000 prisoners of war each during peace talks held in Istanbul on Friday, in what would be the biggest prisoner swap of the conflict. The negotiations, which lasted less than two hours and were mediated by Turkey, marked the first time the nations have engaged in direct peace talks since the war began.

Ukraine and Russia have agreed to swap 1,000 prisoners of war each after the first face-to-face talks in three years. The date for the transfer has been set, but is not being made

Russia said on Friday that the first direct talks with Ukraine in more than three years had yielded a deal to swap 1,000 prisoners of war each soon and to resume talks after each side had set out its vision for a future ceasefire.

Michael Burry’s Scion Asset Management liquidated almost its entire listed equity portfolio in the first quarter, while taking on fresh bearish wagers on Nvidia Corp. and China-related stocks before US President Donald Trump launched a trade war and roiled global markets.

As Trump tries to gain leverage from tariffs, China is well aware of its strategic ace. So is Tesla CEO Elon Musk.

China has walked back nontariff measures imposed in response to U.S. President Donald Trump's tariff hikes. The suspension, announced Wednesday by the country's Commerce Ministry, covers both trade and investment bans on 17 U.

The CFO of Walmart says tariffs have been challenging, and that it expects some prices will rise in the coming weeks. It’s the latest evidence that President Trump’s trade war is beginning to filter through the economy and into Americans’ pocketbooks.

Walmart, which became the nation’s largest retailer by making low prices a priority, has found itself in a place it’s rarely been: Warning customers that prices will rise for goods ranging from bananas to car seats.

The retail giant said its sales grew stronger during a quarter when President Trump enacted steep tariffs against the country’s biggest trading partners.