Trump proposes slashing fuel efficiency goals for US vehicles

Former President Donald Trump praised Nvidia CEO Jensen Huang following a discussion about export controls affecting the company's operations. This conversation comes amid ongoing scrutiny over U.S. regulations that have impacted Nvidia's ability to export AI chips, particularly to China.

President Trump has reiterated his claims that the cost of living has decreased, despite widespread frustration among American voters regarding rising prices. He labeled the concerns over affordability as a 'hoax,' aiming to bolster his narrative ahead of upcoming political challenges.

Former President Donald Trump has pardoned Leiweke, co-founder of Oak View Group, a company known for its involvement in the sports and entertainment industry.

Former President Donald Trump described the recent meeting between U.S. envoy Steve Witkoff and Russian President Vladimir Putin as 'reasonably good.' This meeting is part of ongoing diplomatic efforts to address the conflict in Ukraine, highlighting the complexities of international relations in the current geopolitical climate.

Alex Karp, CEO of Palantir Technologies, defended former President Trump during the DealBook Summit, expressing that he believed Trump had effectively addressed issues he cared about. Karp also dismissed concerns regarding Palantir's collaboration with U.S. Immigration and Customs Enforcement (ICE), emphasizing the company's focus on its technological advancements.

Bond investors have expressed concerns to the US Treasury regarding the potential appointment of Kevin Hassett as the next chair of the Federal Reserve, fearing that he may be influenced by former President Trump in his decisions on interest rates. This apprehension highlights the ongoing tension between market expectations and political influence in monetary policy.

The Trump administration has canceled interviews with finalists for the position of Federal Reserve chair, indicating that President Trump has likely made a decision regarding the leadership of the central bank. This move comes as Trump publicly endorses Kevin Hassett, a longtime adviser, as a leading candidate for the role.

Brazilian President Lula and former U.S. President Donald Trump engaged in a phone call to discuss trade and sanctions, highlighting ongoing economic relations between Brazil and the United States. This conversation comes amid fluctuating tariff policies affecting Brazilian exports, particularly in the coffee and beef sectors.