Trump’s Tariffs Sent Trade Plummeting in August

Mexico has become the largest buyer of goods from the United States, surpassing Canada. This shift in trade dynamics highlights Mexico's growing economic significance and its role as a key partner in the North American market.

Former President Donald Trump has publicly criticized Federal Reserve Chair Jerome Powell, stating, 'I'd love to fire his ass.' This remark highlights Trump's ongoing dissatisfaction with the Fed's monetary policy, particularly its interest rate decisions, which he believes are detrimental to economic growth.

A painting by Gustav Klimt was sold at auction for $236 million, making it the second most expensive painting ever sold. This sale highlights the continued demand for high-value art pieces in the auction market, reflecting the growing interest among collectors and investors.

The Senate is questioning Donald Trump's nominee for the head of the Commodity Futures Trading Commission (CFTC) regarding cryptocurrency regulation. This scrutiny comes as the regulatory landscape for digital currencies continues to evolve, with lawmakers seeking clarity on how to manage this rapidly growing market.

Donald Trump has called for federal regulation of artificial intelligence (AI) to counteract what he describes as 'woke' state laws. This statement follows his warning that overregulation at the state level poses a threat to the growth of AI technologies.

Saudi Arabia has entered into a partnership with Elon Musk's artificial intelligence company, xAI, to establish a data center in the kingdom. This collaboration aims to enhance Saudi Arabia's technological infrastructure and support its ambitions in the AI sector. The deal signifies a growing interest in AI technologies within the region, aligning with the country's broader economic diversification goals.

The sale of F-35 fighter jets to Saudi Arabia marks a significant achievement for the kingdom, which aims to enhance its global influence and military capabilities. This deal, approved by former President Donald Trump, aligns with Saudi Arabia's strategic interests in bolstering its defense capabilities amid regional tensions.

The Labor Department has announced that some data is permanently lost due to the recent government shutdown. This situation complicates the department's ability to provide a complete picture of the labor market, particularly affecting jobless claims and employment statistics.