President Donald Trump said Tuesday that his administration has reached a deal with Harvard University after months of negotiations. The school would contribute $500 million to establish and operate a nationwide network of trade schools focused on artificial intelligence, engineering, and other technical skills. Trump: Harvard to Pay $500M, Open AI Trade School | Newsmax.com
Tech giant Oracle will spearhead U.S. oversight of the algorithm and security underlying TikTok’s popular video platform under the terms of a deal laid out this week by President Donald Trump’s administration. All the final details still need to be nailed down among several joint venture partners that will include Oracle, investment firm Silver Lake Partners and possibly two billionaires — media mogul Rupert Murdoch and personal computer pioneer Michael Dell. . Although he no longer runs Oracle as its CEO, company co-founder Larry Ellison remains a top executive while also overseeing an estimated personal fortune of $390 billion. Ellison, 81, now could be in line to become a behind-the-scenes power player in the media, having already helped finance Skydance’s recently completed $8 billion merger with Paramount, a deal engineered by his son, David. The U.S. administration would not have a stake in the joint venture nor be part of its board, according to a senior White House official. Oracle will manage TikTok algorithm for US users under Trump deal | AP News
On September 18, 2025, President Donald J. Trump and Prime Minister Keir Starmer signed the Technology Prosperity Deal, a landmark science and technology agreement that will propel the U.S. – UK special relationship to new heights for the technological age and deliver wins for the American people and American innovation globally. The Technology Prosperity Deal establishes joint initiatives between the two nations’ premiere research and standards institutions across artificial intelligence, nuclear energy, and quantum computing to bring transformative benefits to citizens – from accelerating breakthroughs in health care, to lowering energy costs, and supporting national security. US and UK Sign Science and Technology Agreement – electrifiED
President Trump’s team is weighing a plan to spur the construction of factories and other infrastructure in a bid to jump-start the American manufacturing sector, according to documents and people familiar with the discussions. Under the plan, the administration would use money from a $550 billion investment fund established as part of trade negotiations with Japan to invest in the development of semiconductors, pharmaceuticals, critical minerals, energy, ships and quantum computing. Some of the projects would be granted preferential treatment from the government, including expedited regulatory review. The administration is considering granting leases to companies that would give them access to federal land and water. Trump’s Team Explores Government-Backed Manufacturing Boost – WSJ
The Supreme Court will hear arguments Nov. 5 on the legality of President Donald Trump’s tariffs imposed under the International Emergency Economic Powers Act. The case arises after lower courts found that Trump exceeded his powers under a federal law typically reserved for emergencies. The ruling could have significant implications for US trade policy and the limits of presidential authority. US Supreme Court to hear Trump’s tariffs case on November 5 | Reuters
President Donald Trump’s sweeping new tariffs are raking in unprecedented sums for the federal government—so much, in fact, that a top budget watchdog says the revenue rivals the impact of creating a brand-new payroll tax or slashing the entire military budget by nearly one-fifth. (These are rough estimates, to be sure, conveyed to communicate the magnitude of the tariffs, not precise contributions to the budget.) But can these massive cash flows, already topping tens of billions monthly, truly put a dent in America’s $37 trillion national debt? Actually, yes, according to the Committee for a Responsible Federal Budget (CRFB).The D.C.-based think tank estimates the tariffs will bring in an estimated $1.3 trillion of net new revenue through the end of Trump’s current term and $2.8 trillion through 2034. Trump is bringing in so much revenue from tariffs that it’s seriously reducing the $37 trillion national debt
President Trump said he would impose roughly 100% tariffs on all chips coming into the U.S. but exempt tech companies that have promised to manufacture domestically, a big win for Apple and other electronics firms worried about new trade challenges. Trump’s announcement came at an event trumpeting a new $100 billion investment pledge from Apple. The company has increased its commitments in the U.S. but stopped short of moving iPhone production to the U.S. as Trump wants. The company’s $100 billion promise adds to a $500 billion, four-year commitment Apple made in February that repackaged much of Apple’s existing spending plans in the U.S. Nearly every major tech firm has promised to put more into their U.S. operations, resulting in over $2 trillion in new pledges in the past seven months. f16AjRmObp1pmp4xDQAH-WSJNewsPaper-8-7-2025.pdf
Some of the world’s biggest companies pledged tens of billions of dollars to accelerate the development of artificial intelligence infrastructure in Pennsylvania, the latest splashy investments to draw praise from President Trump. Google said it would put $25 billion into data centers needed to train AI models and related infrastructure in Pennsylvania and the surrounding region over the next two years. Private-equity firm Blackstone promised another $25 billion. AI startup CoreWeave announced a $6 billion investment. Power companies FirstEnergy and Constellation Energy are part of a group pouring billions more into increasing electricity generation in the area, according to the White House. Trump Touts Billions in Investments to Create AI Hub in Pennsylvania – WSJ
Westinghouse plans to build 10 large nuclear reactors in the U.S. with construction to begin by 2030. Westinghouse’s big AP1000 reactor generates enough electricity to power more than 750,000 homes, according to the company. Building 10 of these reactors would drive $75 billion of economic value across the U.S. and $6 billion in Pennsylvania. Trump issued four executive orders in May that aim to quadruple nuclear power in the U.S. by 2050. The U.S. has built only two new nuclear reactors over the past 30 years, both of which were Westinghouse AP1000s at Plant Vogtle in Waynesboro, Georgia. Westinghouse emerged from bankruptcy in 2018 and is now owned by Canadian uranium miner Cameco and Brookfield Asset Management. Westinghouse plans to build 10 large nuclear reactors in U.S., interim CEO tells Trump
In a major economic development, the United Arab Emirates (UAE) has announced a landmark $1.4 trillion, 10-year investment framework in the United States, following a high-level meeting with President Donald Trump this week at the White House. The announcement came after Trump hosted UAE National Security Advisor HH Sheikh Tahnoon bin Zayed in the Oval Office on Tuesday. The UAE’s commitment marks one of the largest foreign direct investment pledges in U.S. history and is expected to supercharge growth in key sectors such as artificial intelligence, energy, semiconductors, mining, and manufacturing. A consortium led by MGX (Abu Dhabi), BlackRock, Microsoft, and Global Infrastructure Partners (GIP) welcomed NVIDIA and Elon Musk’s xAI into a partnership aimed at building next-generation AI data centers and energy infrastructure to solidify U.S. leadership in artificial intelligence. The massive economic commitment highlights the deepening relationship between the Trump administration and the UAE. The announcement is expected to generate tens of thousands of U.S. jobs, accelerate construction of AI and energy hubs, and position the United States as a top destination for strategic investment in emerging sectors. Trump Secures Historic $1.4 Trillion Investment From UAE To Boost U.S. Economy
National Football League – American football began as a hybrid of soccer and rugby on post-Civil War college campuses. Football was wildly popular but disorganized in the early 1900s. In an effort to standardize and organize, the National Football League was formed in 1920 in Canton, Ohio. The NFL is the premier professional organization for American football, with 32 teams in two conferences and almost 1,700 active players. In 2023, the NFL generated nearly $20B in revenue. With its teams valued at $190B combined, it is the most valuable sports league in the world. The popularity of the NFL has made it a global sport. In 2002 the NFL began featuring fantasy games on its site. The NFL is the most valuable sports league in the world. NFL teams are worth a total of $163B. Each team holds an average value of over $5.1B, almost as much as the NBA and MLB combined. The Dallas Cowboys, valued at $9B, are the most valuable sports franchise on Earth. (NY Yankees are at 8.2B….just saying).
