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Japan's Prime Mnister Shinzo Abe. DANIEL MIHAILESCU/AFP/Getty Images. North Korea's leader Kim Jong Un. SAUL LOEB/AFP/Getty Images.

Japan is reportedly putting together plans for a possible August summit between Prime Minister Shinzo Abe and North Korean leader Kim Jong-un, according to Japan's Yomiuri newspaper.

The details: The newspaper reports, citing government sources, that one option for the summit would include Abe visiting Pyongyang. There is reportedly a second option if travels to Pyongyang fall through, the newspaper added, where Abe could meet Kim "on the sidelines of the Eastern Economic Forum to be held in September in Vladivostok, if the North Korean leader attends," per Reuters.

The background: Just last year, North Korea fired two missiles over Japan. Following his own summit with the North Korean leader, the President Trump agreed to cease military drills with South Korea that Japan had referred to as "vital" to to the security of coastal Asian nations, Reuters explains.

Go deeper

Updated 17 mins ago - Politics & Policy

Inauguration Day dashboard

Screenshot: Fox News

President Trump has delivered a farewell speech and departed Washington for the last time on Air Force One, kicking off the day that will culminate with President-elect Joe Biden taking office.

What's next: The inaugural celebration for young Americans is being livestreamed, starting at 10am.

Updated 34 mins ago - Politics & Policy

Trump departs on final Air Force One flight

President Trump and his family took off on Air Force One at 9 a.m. on Wednesday morning for the final time en route to Florida.

The big picture: Trump's final hours as president were punctuated by his decisions to snub his successor's inauguration and grant pardons to many of his allies who have been swept up in corruption scandals.

Dion Rabouin, author of Markets
2 hours ago - Economy & Business

Janet Yellen said all the right things to reassure the markets

Illustration: Aïda Amer/Axios

Treasury Secretary nominee and former Fed chair Janet Yellen's confirmation hearing before the Senate Finance Committee on Tuesday showed markets just what they can expect from the administration of President-elect Joe Biden: more of what they got under President Trump — at least for now.

What it means: Investors and big companies reaped the benefits of ultralow U.S. interest rates and low taxes for most of Trump's term as well as significant increases in government spending, even before the coronavirus pandemic.

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