CNN 5 Things Trump-Xi Meeting, Melissa Hits Cuba, Interest Rates Cut and more
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Oct 29, 2025 Matt Egan, a CNN business journalist, shares insights on the Federal Reserve's anticipated interest rate cut and how the government shutdown is creating economic data gaps. Kristen Holmes, a CNN correspondent, outlines the critical stakes of the upcoming Trump-Xi meeting, highlighting their mutual interests in de-escalating tensions. They also cover Hurricane Melissa's impact on Cuba and discuss the latest developments in the Israel-Gaza conflict, making for a timely and compelling discussion.
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High Stakes, Quiet Coordination
- Both the U.S. and China want to avoid public humiliation and are aiming to de-escalate tensions at the Trump–Xi meeting.
- Kristen Holmes suggests behind-the-scenes coordination implies concrete plans or agreements may be ready to sign.
Melissa Remains Dangerous After Cuba Landfall
- Hurricane Melissa weakened to Category 2 after hitting Cuba but still poses life-threatening flooding with 105 mph winds.
- The storm severed access for about 140,000 people and followed catastrophic damage in Jamaica from its Category 5 landfall.
Jamaica Describes Total Devastation
- Jamaica faced "total devastation" when Melissa made landfall in its western region, the government said.
- Energy and recovery efforts began immediately with large parts of the electricity grid affected.