The U.S. State Department has approved a potential foreign military sale to Saudi Arabia involving AIM-120C-8 Advanced Medium Range Air-to-Air Missiles and related support, valued at $3.5 billion, the Pentagon announced on Friday.

Bangladesh has significantly reduced its outstanding payments to India's Adani Power under a power-supply agreement, according to the company’s chief financial officer. The official expressed confidence in recovering the remaining amount, which stands at approximately $900 million.

The Football Association of England announced a major policy shift on Thursday, declaring that transgender women will no longer be eligible to compete in women’s football from June 1. The decision marks a significant change in the FA’s stance and follows a comprehensive review aimed at ensuring fairness and safety in the sport.

President Trump gave his first graduation speech of his second term at the University of Alabama, urging students to "smash through everything" and declaring the start of a "Golden Age of America."

The White House declined the U.S. Chamber of Commerce’s call for tariff relief for small businesses, instead promising economic support through major tax cuts, according to policy chief Stephen Miller.

President Donald Trump has ousted National Security Adviser Mike Waltz following a scandal, naming Secretary of State Marco Rubio as his interim replacement. Rubio now holds multiple key roles in the administration, raising questions about power consolidation.

Violent clashes broke out in Santiago, Chile, during a May Day rally as protesters threw Molotov cocktails and objects at the police. Riot police responded with water cannons to disperse the crowd. The unrest highlights ongoing tensions in the country.

Charles Schwab CEO Rick Wurster reported that following April's market volatility, investors reduced risk by moving into bonds and non-U.S. stocks. The shift reflects concerns over economic uncertainty, with Schwab also planning to introduce crypto trading within the next year.