Trump Urges Federal AI Regulation—To Combat ‘Woke’ State Laws

USATF's 2024 tax return, released this week, highlights a significant increase in revenue alongside a decrease in net assets. This report provides insight into how the governing body managed its finances during an Olympic year.

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.

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.

Doubts have arisen regarding the accuracy of Disney's financial documents, as it was revealed that the revenue from its theme parks division reached the lowest level of the year during the summer season for the past two consecutive years. This contradicts the company's claims in its filings that revenue typically increases during this period.

Former President Donald Trump expressed a strong desire to dismiss Federal Reserve Chair Jerome Powell, stating, "I’d love to fire his ass." This remark underscores Trump's ongoing criticism of the Fed's monetary policy, particularly its interest rate decisions.

Target has expressed concerns that holiday sales will not be sufficient to reverse a challenging year for the retailer. The company is facing significant consumer anxiety, which is expected to impact spending during the holiday season.