Nvidia can sell H200 AI chips to China, Trump says

President Trump is set to conduct final interviews this week for the position of Federal Reserve chair, with Kevin Hassett emerging as a leading candidate among the finalists. This follows reports of Hassett's strong support within the administration and his potential nomination expected by early 2026.

A CEO of a tech startup has been charged by US authorities for allegedly defrauding a private equity firm out of $20 million. The charges highlight serious concerns regarding financial misconduct within the startup sector, particularly in how emerging companies manage investor relations and funding.

The US-Indonesia trade deal is reportedly at risk of collapse, according to a report by the Financial Times, raising concerns about the future of economic relations between the two nations. This development highlights ongoing challenges in negotiating trade agreements amid a complex global economic landscape.

Canada’s ambassador to the United States is set to step down, prompting Prime Minister Mark Carney to consider potential replacements. This transition comes at a time when Canada is reassessing its diplomatic and trade strategies with the U.S.

Former President Donald Trump praised the U.S. economy as an ‘A-plus-plus-plus’ during a rally in Pennsylvania, emphasizing his administration's economic achievements and the importance of affordability. This statement comes as he seeks to rally support ahead of upcoming elections.

UK gilt yields have seen a slight decrease compared to other major economies, indicating a potential shift in the bond markets as Chancellor Rachel Reeves navigates fiscal challenges. Despite this drop, the UK still faces a significant premium on borrowing costs, with 10-year government gilt yields rising compared to US Treasury bonds and eurozone counterparts since the last general election.

US crude oil inventories have dropped more than expected, indicating a potential bullish trend for oil prices. This decline in inventories suggests a tightening supply in the market, which could lead to increased prices as demand remains steady.

FIFA President Gianni Infantino is facing scrutiny from an independent watchdog following former President Donald Trump's recent receipt of a FIFA Peace Prize, which has raised questions about compliance with FIFA's internal regulations. The allegations suggest potential breaches of organizational rules that could have significant implications for Infantino's leadership.