Trump again criticizes Fed's Powell, says 'I'd love to fire his ass'

Donald Trump is reportedly considering an executive order aimed at preempting state-level laws regarding artificial intelligence (AI). This move comes in response to concerns that state regulations could hinder the growth and development of AI technologies. Trump's administration is looking to establish a more uniform federal framework for AI regulation.

The Federal Reserve is approaching its December meeting without clear insights from recent jobs data, which may reduce the likelihood of interest rate cuts. The uncertainty surrounding employment trends complicates the Fed's decision-making process as it considers economic indicators and market conditions.

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.

At the last meeting, many Federal Reserve policymakers expressed opposition to a potential interest rate cut in December. This sentiment reflects significant divisions among officials regarding monetary policy, which could influence future economic strategies and investor confidence.

The Federal Reserve's minutes indicate widespread support among officials for ending quantitative tightening, signaling a potential shift in monetary policy. This development reflects a consensus on the need to adapt to changing economic conditions and may influence future interest rate decisions.

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.

Treasury yields increased as Federal Reserve officials indicated a likelihood of pausing interest rate cuts on December 10. This rise in yields reflects growing uncertainty in the market regarding future monetary policy decisions.

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.