Trump thinks more should be done to lower interest rates, White House says

Former President Donald Trump has signed an executive order aimed at curbing state-level regulations on artificial intelligence (AI), a move intended to establish a unified federal approach to AI governance. This decision reflects ongoing concerns about the fragmented regulatory landscape across various states that could impede technological advancement.

Indian Prime Minister Narendra Modi held his third phone call with former U.S. President Donald Trump following recent tariff hikes, reflecting ongoing discussions between the two leaders amid global trade tensions.

Former President Donald Trump has signed an executive order to create a national regulatory framework for artificial intelligence (AI), aiming to establish a cohesive set of guidelines that would supersede varying state laws. This initiative is part of Trump's broader strategy to address concerns about the fragmented regulatory landscape that could impede AI development across the United States.

Former President Donald Trump continues to assert that there is no affordability crisis in the United States, despite rising costs for groceries, utilities, medical care, and housing, which are affecting many Americans. This stance contradicts the experiences of citizens who are increasingly burdened by inflation and escalating living expenses.

Former President Donald Trump has seen his approval rating regarding economic management drop to 36%, marking an all-time low according to a recent poll by Forbes. This decline reflects growing public dissatisfaction with economic conditions, particularly rising prices that have become a central concern for voters.

The U.S. government has announced plans to take oil from a vessel seized off the coast of Venezuela, with the ship expected to head to a U.S. port as investigators interview the crew members. This action reflects the ongoing tensions between the U.S. and Venezuela, particularly amid heightened military presence in the region.

The Federal Reserve is facing renewed challenges to its independence, particularly from the Trump administration, which threatens to undermine the autonomy the Fed regained after the Treasury-Fed accord in 1951. Historically, the Fed operated closely with the Treasury and the White House, raising concerns about its ability to function independently in monetary policy decisions.

The U.S. trade deficit fell to its lowest level in five years in September, attributed to the sweeping global tariffs imposed by President Trump. This reduction in the trade deficit indicates a significant shift in trade dynamics, although the sustainability of this trend remains uncertain.