Trump follows through on 'drill, baby, drill' pledge - and it could have huge consequences

Two fossil-fuel billionaires, Robert Pender and Michael Sabel, purchased millions of shares in Venture Global shortly after meeting with senior Trump administration officials, who subsequently issued a crucial regulatory permit that benefited the company’s expansion in Europe. The timing of these transactions has raised ethical concerns regarding potential conflicts of interest.

Steve Witkoff, Donald Trump's special envoy, is set to meet with Ukrainian negotiators following unproductive discussions with Russian President Vladimir Putin. This meeting aims to brief Kyiv's leadership on the outcomes of the Kremlin talks and explore further diplomatic avenues regarding the ongoing conflict in Ukraine.

Kevin Hassett, a longtime advisor to President Donald Trump, is viewed as a leading candidate for the position of Federal Reserve Chair. However, Gregory Peters from PGIM Fixed Income expressed skepticism about Hassett's ability to implement the rapid interest rate cuts that Trump desires, even if he is appointed to the role.

Gerry McGovern has left his position as chief creative officer at Jaguar Land Rover after 20 years, just four months following the appointment of a new CEO. His departure comes after overseeing the design of notable models, including the Range Rover and a controversial new electric Jaguar that attracted criticism from Donald Trump.

Traders are increasingly betting on a potential interest rate cut by the Federal Reserve, driven by expectations that a new chair aligned with Donald Trump's views will be appointed and the release of delayed economic data this month will support lower rates.