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People watch TV at a railway station in Seoul. Photo: JUNG YEON-JE/AFP/Getty Images

President Trump told South Korean President Moon Jae-in in a call on Tuesday that he remains open to holding talks with North Korea “at the appropriate time, under the right circumstances,” according to the White House readout of their call.

Why it matters: Trump’s stance has generally been that he's unwilling to talk with the regime until it eases up on its nuclear program. This shows Trump may be a step closer to accepting talks, but what exactly Trump meant by “under the right circumstances” wasn’t immediately clear, and could very well still include that same demand that the North abandon its nukes, which it has previously said it will never do.

This comes just after South Korea tried discussing military issues with the North in face-to-face meetings earlier this week, and North Korea expressed took nukes off the table. The North Korean chief delegate at the meeting, Ri Son Gwon, said the weapons are pointed exclusively at the U.S.

Go deeper: What North Korea wants from the U.S.

Go deeper

Updated 20 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 36 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.