Elon Musk's Department of Government Efficiency (DOGE) is increasing its presence at the U.S. Securities and Exchange Commission by adding a third staff member, as part of its efforts to streamline federal agencies and reduce costs.
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Eight OPEC+ countries will meet on Saturday to decide whether to implement a larger oil output hike for June or stick with the previously planned increase. This follows concerns over declining global demand and low oil prices.
The Federal Reserve is expected to keep interest rates steady this week, while the Bank of England may cut rates by 0.25% to support growth amid global economic uncertainty.
Canadian Prime Minister Mark Carney will visit Washington on May 6 to meet President Trump, expecting "difficult but constructive" discussions focused on trade and security amid renewed tensions.
The U.S. military has established a second defense zone along the Mexico border, this time in Texas, allowing troops to temporarily detain migrants or trespassers. The move expands border enforcement efforts launched last month in New Mexico.
Marco Rubio's influence within President Trump's administration continues to grow, as he takes on multiple key roles, including Secretary of State, National Security Adviser, and acting head of USAID and the National Archives. This reflects Trump's increasing trust in the former Florida senator.
Ben & Jerry's has accused billionaire activist investor Nelson Peltz of increasing his influence over its parent company, Unilever, including on political matters. The ice cream maker claims Peltz's influence is affecting its ability to maintain its social mission.
Olympic gold medalist Masai Russell set an American record in the 100m hurdles with a time of 12.17 seconds at the Grand Slam Track meet in Miami, marking the second-fastest time ever recorded in the event.
Health Secretary Robert F. Kennedy Jr. will testify before the U.S. Senate Health Committee on May 14, addressing recent changes at the Department of Health and Human Services, including employee cuts and budget proposals.
The U.S. has rescinded Romania's recent admission to the Visa Waiver Program, citing security concerns. Romanian travelers will now require visas to enter the U.S., reversing a decision made earlier this year.