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Citadel CEO Ken Griffin warned of a full-on recession if the Strait of Hormuz stays closed for more than six months
Donald Trump's threat marks the latest escalation in his ongoing spat with Jerome Powell
Roelf Meyer will replace the South African ambassador who was expelled from the US by President Donald Trump in 2025
Many people in the country had trouble imagining that Viktor Orbán could be defeated. But a philosopher also warned that defeatism can abet authoritarianism
Sánchez welcomed China's role in seeking to resolve the conflict in the Middle East
Strikes on oil infrastructure and a near-standstill in the Strait of Hormuz are taking a toll
The Trump administration's highly-anticipated recommendations for Congress on AI offer lawmakers a list of priorities rather than a concrete legislative plan. Why it matters: Though the framework marks a starting point from the White House, it will be incredibly hard for Congress to pass anything like it — even with Republicans in control. Disagreements over AI policy go well beyond Republican vs. Democrat, and they overlap with broader tech policy debates that Congress has never been able to solve. Friction point: The four-page framework calls on lawmakers to limit the ability of states to set their own rules for the technology, setting up a renewed clash with states and Congress over the future of AI regulation. It's not tied to any specific bills and doesn't resolve longstanding issues around protecting kids and overriding state law. What's inside: The framework says Congress should "preempt state AI laws that impose undue burdens to ensure a minimally burdensome national standard consistent with these recommendations, not fifty discordant ones." The proposal calls on Congress to: Address the use of AI replicas that simulate someone's likeness or voice.Codify President Trump's pledge to require tech companies to pay for their increased energy demands.Establish "regulatory sandboxes" to allow developers to experiment with AI under relaxed rules. It also focuses on kids' online safety: "AI services and platforms must take measures to protect children, while empowering parents to control their children's digital environment and upbringing," the framework states. Our thought bubble: It's a sign that this move is about the White House staking out a position and pointing to the framework as a demonstration it tried to set the rules of the road, rather than advancing a bill. The White House's biggest efforts on AI policy are focused on squashing state efforts to regulate the technology. Between the lines: The framework says the Trump administration "believes that traini
Gulf nations are highly reliant on desalination for fresh water, and damage to the region’s hundreds of plants could render its major cities unlivable
The meeting appeared carefully choreographed to avoid open disagreements – apart from a brief awkward moment when Trump made a joke about Pearl Harbor
The Hungarian leader’s latest remarks underscore worries that he may not peacefully accept defeat if he loses Sunday’s election
Vice President JD Vance will lead a team of negotiators meeting with Iranian officials in Pakistan on Saturday
The effort has taken on new urgency nearly three weeks into the war with Iran, as oil prices soar above $100 a barrel