Stocks rise globally on hopes of peace talks with Iran—but the Fed may deliver a shock on Wednesday ...Middle East

Good morning. On Fortune’s radar today:

China’s AI labs are matching U.S. ones—and beating them on price. Markets: up! Maybe, maybe: The Fed could raise rates on Wednesday. Iran: Peace talks are back on. Tech jobs decline in countries where AI presence is increased. College-educated women are marrying less-educated men.

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