Trump Downplays Business Ties To Saudi Arabia—What To Know About His Family’s Dealings

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.

Fuel and energy prices are on the rise this year, contradicting earlier claims of stability. The increases in diesel and electricity prices are particularly alarming, raising concerns about the economic impact on consumers and businesses alike.

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's Investment Minister Khalid Al-Falih stated that it is natural for the Kingdom to invest in the United States as part of its efforts to modernize and diversify its economy. He emphasized the appeal for U.S. companies to invest in Saudi Arabia. During a recent visit to Washington, Crown Prince Mohammed bin Salman pledged to invest up to $1 trillion in the U.S.

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.

Larry Page, cofounder of Google, has surpassed Jeff Bezos to become the world's third richest person following the announcement of the Gemini 3 AI model. Page's wealth increased by approximately $7.6 billion, while Sergey Brin, also a cofounder, gained around $7 billion. This shift in rankings highlights the financial impact of advancements in artificial intelligence.