Meet all 37 White House ballroom donors funding the $300 million build, including Silicon Valley tech giants, crypto bros and the Lutnicks

In a recent discussion with Fortune's Editor-in-Chief Alyson Shontell, Saudi Arabia's Minister of Investment, H.E. Khalid Al-Falih, highlighted the global concerns surrounding supply chains and the importance of reliable partnerships. This conversation sheds light on Saudi Arabia's Vision 2030, which aims to diversify the economy and attract foreign investment, making it a pivotal player in the international market. As countries seek dependable partners, Al-Falih's insights underscore the strategic role Saudi Arabia is poised to play in fostering economic stability and collaboration.

The U.S. is facing a significant challenge in the electric vehicle (EV) market as investments decline, raising concerns about losing ground to China. The White House's continued support for petrol-based cars creates a dilemma for automakers who are trying to pivot towards greener technologies. This situation is critical because it not only affects the automotive industry but also has broader implications for environmental goals and global competitiveness.

Former President Donald Trump has appointed Michael Selig as the new chair of the Commodity Futures Trading Commission (CFTC). Selig aims to enhance the regulatory framework for cryptocurrencies, which is crucial as the digital asset market continues to grow. This move is significant as it reflects a commitment to fostering innovation while ensuring investor protection in the rapidly evolving crypto landscape.

Donald Trump's influence on the White House is undeniable, as he has reshaped its image and operations in ways that will last for years. His approach, often characterized by bold decisions and a departure from traditional norms, has sparked significant debate about the future of American politics. This matters because it sets a precedent for how future administrations might operate, potentially altering the political landscape in profound ways.

Ferrari is making waves in the automotive and tech worlds by launching a unique auction for a Le Mans car that integrates AI and cryptocurrency. This initiative not only showcases Ferrari's commitment to innovation but also taps into the growing interest in digital assets, making it a significant move for both the brand and its fans. By blending traditional racing heritage with cutting-edge technology, Ferrari is positioning itself at the forefront of the future of motorsport.

The Ellisons are strategically leveraging their connections in Washington to navigate the evolving landscape of Hollywood, particularly in the realm of AI. This partnership highlights the increasing intersection of technology and entertainment, showcasing how political alliances can influence industry dynamics. As AI continues to reshape filmmaking, having support from influential figures can be a game-changer for studios like Warner Bros.

The White House has announced that it will not release crucial economic data for October, leaving economists feeling 'flying blind' amid an ongoing government shutdown. This decision raises concerns about transparency and the ability to assess the economic landscape, which is vital for informed decision-making by businesses and policymakers. Without this data, understanding the current economic situation becomes increasingly challenging, potentially impacting financial markets and economic planning.

Tourists visiting the White House are expressing shock and dismay at the recent changes made to the East Wing under Trump's administration. The alterations have sparked a mix of fascination and concern, highlighting the ongoing debate about the preservation of historical sites. This situation matters as it reflects broader tensions regarding political decisions and their impact on national heritage.

The US and China have reached a preliminary agreement on a trade deal, which is set to be signed ahead of the upcoming meeting between President Trump and President Xi. This deal includes provisions for TikTok and hints at resolutions regarding rare earths and tariffs. This is significant as it could ease tensions between the two largest economies and foster a more stable trade environment, benefiting businesses and consumers alike.

Israel's stock market closed on a high note, with the TA 35 index rising by 1.01%. This positive trend reflects growing investor confidence and could signal a robust economic outlook for the country. As markets fluctuate globally, this uptick in Israel's stocks is a promising sign for both local and international investors.

Nigeria's technology regulator is advocating for greater control over TikTok, emphasizing the need to establish local rules instead of depending on global content policies. This move highlights concerns about the platform's impact on the youth, as officials believe it consumes valuable time that could be spent on more productive activities. By seeking to regulate TikTok, Nigeria aims to ensure that the platform aligns with the country's cultural values and priorities.

Anwar Ibrahim, the Prime Minister of Malaysia, recently addressed the ASEAN Leaders’ Summit in Kuala Lumpur, where he engaged with global leaders on crucial topics such as peace, trade, and regional stability. This summit is significant as it highlights Malaysia's active role in fostering collaboration and dialogue among Southeast Asian nations, which is essential for addressing shared challenges and promoting economic growth.

Novartis is reportedly close to finalizing a deal to acquire Avidity Biosciences for more than $70 per share, according to Bloomberg News. This acquisition could significantly enhance Novartis's portfolio in the biotechnology sector, allowing them to leverage Avidity's innovative technologies and research capabilities. Such a move not only reflects Novartis's commitment to expanding its reach in the market but also highlights the growing interest in gene therapies and RNA-targeted treatments.

Chinese and U.S. officials have made significant progress in trade negotiations, announcing a preliminary agreement on several key issues. This development is crucial as it sets the stage for an upcoming meeting between President Trump and President Xi Jinping, potentially paving the way for improved economic relations between the two countries. A successful trade deal could benefit both economies and reduce tensions, making this a noteworthy moment in international trade.