The Wall Street Journal Markets reports that soaring borrowing costs are not slowing a robust U.S. economy. Despite higher interest rates, consumer spending and business investment remain resilient, defying expectations from economists who predicted a downturn. The persistence of economic momentum has puzzled many on Wall Street, as tighter monetary policy typically dampps activity.

In related news, colleges across the country are slashing prices in an effort to attract students amid declining enrollment trends. Institutions are offering deeper discounts and more generous financial aid packages to compete for a shrinking pool of college-age applicants.

Additionally, attention turned to the high-profile guests at the Trump-Xi dinner, where President Trump and President Xi Jinping met on the sidelines of the G20 summit. The dinner drew notable figures from finance, technology, and academia, highlighting the importance of U.S.-China relations.

Overall, the combination of resilient economic data, aggressive college pricing strategies, and high-stakes diplomatic dinners underscores a dynamic landscape shaped by policy, competition, and global cooperation.