Japan Tankan Q3—large enterprises, all-industry capital expenditure 11.3 (expected 12.3; prior 11.5).

Federal Reserve general inspector report: roughly $1 bln in building renovation cost overruns is at the center of a dispute between former Fed chair Powell, Trump and US Attorney General Piro.

1. Launches AI-Powered Government Website —The Trump administration launched an AI-powered federal government information website on the 29th. The website, America.gov, is now online and aims to simplify public access to federal government information and services. 2. Signs "Ethically Binding" AI Document, Renames AI to SI —President Trump signed a document related to artificial intelligence (AI) with executives from several technology companies in Washington on Tuesday, calling it "ethically binding." He stated that the government is considering establishing an oversight committee, possibly composed of about 10 people, to oversee developments in the AI field. Trump also stated that the name "artificial intelligence" (AI) has been officially changed to "Super Intelligence" (SI). 3. Responds to Bill Gates's "AI Could Kill 1 Billion People" Remark —When asked by a reporter about Bill Gates's statement that "artificial intelligence could kill 1 billion people," Trump said, "He doesn't say that anymore." The reporter noted that he had said the same thing on Sunday. Trump replied, "I don't care what he said on Sunday. He didn't say that at all yesterday." 4. Crisis Consultations with Advisors on Diesel Export Ban – According to the Financial Times, US President Trump has held crisis consultations with advisors to discuss whether to implement a diesel export ban or take other measures to curb the fuel crisis. 5. Appointment of AI Director, Director of National Intelligence Jay Clayton a Potential Candidate – According to Axios, US President Trump said on Tuesday that Director of National Intelligence Jay Clayton would be a good candidate for "head of artificial intelligence." 6. Plans to Announce an Alaska LNG Project According to sources, the Trump administration plans to announce a roughly $54 billion Alaska liquefied natural gas (LNG) project, funded by arrangements under the Strategic Investment Agreement between the US and South Korea. This LNG project is part of South Korea's announced $200 billion investment plan. 7. Plans to Release 40 Million Barrels from Strategic Petroleum Reserve —According to Reuters, the U.S. Department of Energy announced on Tuesday that the Trump administration plans to provide energy companies with 40 million barrels of crude oil from the Strategic Petroleum Reserve (SPR) to cope with rising fuel prices caused by the escalating conflict with Iran and the Russia-Ukraine war. The Department of Energy stated that this measure is in the form of a "loan," and companies will borrow the SPR crude oil and will be required to return it in the future. 8. Huge Spending on Image Advertising Sparks Controversy —According to estimates from a political advertising tracking agency, U.S. President Trump's image-building advertising has cost millions of dollars of taxpayer money. The advertising campaign received a total approved funding of $20 million, but watchdog groups believe the project may be illegal.