A shooting at the White House Correspondents' Dinner has become a major political issue. President Trump is using the security breach to justify the construction of a new White House ballroom, a project previously halted by a federal judge.
The episode covers two critical diplomatic fronts: Iran is reportedly open to an interim deal with the U.S. to de-escalate conflict in the Strait of Hormuz, while King Charles is in the U.S. to repair relations strained by President Trump's criticism of the U.K. Prime Minister.
Investors are bracing for a volatile week driven by earnings reports from tech giants like Apple, Microsoft, and Alphabet. Simultaneously, the Federal Reserve is expected to hold rates steady, but attention is on Chairman Powell's last meeting and the confirmation of his potential successor, Kevin Warsh.
Competition and conflict in the AI space are escalating. Elon Musk's lawsuit aims to fundamentally alter OpenAI's for-profit structure and remove Sam Altman, while China has blocked Meta's acquisition of an AI startup, demonstrating a clear strategy to prevent U.S. tech dominance.
Keep pulling the thread on Donald Trump.