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More on Today's Markets:
Elon Musk threatened to scuttle OpenAI UAE data center deal – WSJ
On a call with top officials at G42, the Abu Dhabi-based AI company spearheading the effort, Musk allegedly said that the deal had no chance of winning President Trump's blessing unless xAI was a part of it, The Wall Street Journal reported, according to people familiar with the matter.
Market Voices: Trump advisor sees tariffs resuming, Musk leaves DOGE
Trump economic advisor Kevin Hassett, who serves as director of the National Economic Council, said he expects the Trump administration's aggressive use of tariffs to resume, despite a federal trade court ruling against the initiative on Wednesday.
President Trump meets with Fed Chair Jerome Powell, urging him to lower rates (updated)
That's "putting us at an economic disadvantage to China and other countries, and the president's been very vocal about that," White House Press Secretary Karoline Leavitt said at a briefing on Thursday, Bloomberg reported. The Fed reduced its federal funds rate target range by 100 basis points starting in December, but has held the rates at its current range of 4.25%-4.50% since the beginning of 2025.
What's next after U.S. trade court strikes down Trump tariffs?
Were President Trump's "Liberation Day" tariffs legal? Apparently not, according to a three-judge panel at the U.S. Court of International Trade. It means
