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

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.

➡️ Did someone forward you this email? If you would like to receive this information directly, every morning before the markets open in New York, sign up here.

This story was originally featured on Fortune.com