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UAE agrees to 10-year, $1.4T investment framework, White House announces

The United Arab Emirates (UAE) has agreed to a 10-year, $1.4 trillion investment framework, the White House announced Friday, saying it will “slightly increase the UAE's existing investment in the US economy.” The White House said the investment lies in AI infrastructure, semiconductors, energy and American manufacturing. The White House said in a press release […]

Trump could slash deficit $1.4T by reversing Biden executive actions: report

WASHINGTON – President-elect Donald Trump could reduce the federal deficit by $1.4 trillion over the next 10 years by reversing President Biden's executive actions, according to a report. The Committee for a Responsible Federal Budget, a nonprofit organization that advocates for fiscal restraint, has raised potential cost savings as the Trump administration's unofficial Office of […]