Kim Vinnell

President Trump announced the deal on social media.

It slashes U.S.

tariffs on Indian goods to 18%, down from 50%.

And in exchange, Prime Minister Narendra Modi says India will buy more than $500 billion worth of U.S.

products and will stop purchasing Russian oil and buy American energy instead.

Reporter Aftab Appat in New Delhi says even so, India is happy to pay more for its energy to have the US back on side.

Elon Musk's SpaceX has acquired his artificial intelligence company XAI, consolidating his empire ahead of the SpaceX IPO.

The tie up that brings together his rocket and satellite company with the maker of the Grok chatbot and the acquisition of XAI sets a record for the world's largest merger and acquisition deal.

For more business and econ news, don't forget to tune in to our sister markets podcast, MorningBid, available wherever you get your podcasts.

To Minneapolis now, and U.S.

Homeland Security Secretary Kristi Noem says her department is deploying body cameras to every officer in the field.

The move is effective immediately, and the program will go nationwide as funding becomes available.

That's according to an ex-post by Noem.

Meanwhile, a measles outbreak at an immigration detention facility in South Texas has seen some people quarantined, according to the Department of Homeland Security.

Officials say they've halted all movement to try and stop the spread, although didn't clarify exactly what that means.

There are two confirmed measles cases at the Dilley Immigration Processing Center, and officials say the infected are being treated with proper care.

The U.S.

is in the midst of the largest measles outbreak since the disease was declared eliminated from the country in 2000.

U.S.

Director of National Intelligence Tulsi Gabbard says she was at last week's FBI raid on an election facility in Georgia.