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Trump says US, Philippines ‘very close’ to finalizing trade deal
WASHINGTON (Reuters) -U.S. President Donald Trump on Tuesday welcomed Philippine President Ferdinand Marcos Jr. to the White House, saying the two countries were close to finalizing a trade agreement.”We’re going to talk about trade today and we are very close to finishing a trade deal, a big trade deal actua … Read More >>

Musk’s xAI working to raise up to $12 billion, WSJ reports
Valor Equity Partners, an investment firm whose founder, Antonio Gracias, has close ties to Musk, is in talks with lenders to raise the capital, according to the report.The money would be used to buy a massive supply of advanced Nvidia chips that would be leased to xAI for a new massive data center meant to … Read More >>

Trump says Fed’s Powell will be out in 8 months
“I think he’s done a bad job, but he’s going to be out pretty soon anyway. In eight months, he’ll be out,” he said from a meeting at the White House with Philippine President Ferdinand Marcos Jr.Powell’s term as Fed chair runs through May 15, and he has repeatedly said he will not leave the post early. Eig … Read More >>

Boeing kicks off production of 777-8 freighter, the Seattle Times reports
The aircraft, which has a revenue payload of 112.3 tonnes, was first announced in 2022 at the White House.Boeing had then said that Qatar Airways would be the first customer, with an order for 34 jets and options for 16 more, and a total purchase price of $20 billion. While Boeing originally said they expect … Read More >>

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