This is an L.A. Times Studios podcast.

Hi, I'm Angelica Coronado at L.A. Times Studios.

Here are some of today's headlines from the Los Angeles Times.

On his first day in the Middle East, President Trump signed a massive strategic deal with

Saudi Crown Prince Mohammed bin Salman.

Nabi Bulos and Michael Wilner report the agreement covers $600 billion in partnerships, spanning

defense, energy, artificial intelligence, and health care.

This includes a $142 billion defense package, among the largest in U.S. history.

Trump also announced the U.S. will lift sanctions on Syria and called for a new path forward with Iran.

He urged peace, but warned that America is ready to respond if provocations continue.

The visit to Riyadh was filled with pageantry, from military displays to a lavish meal with global CEOs, including Elon Musk and Sam Altman.

Trump says the deals could create up to 2 million jobs in the U.S.

The trip marks a major shift in U.S. foreign policy focused on business, diplomacy, and long-term investment.

In California, earning six figures may no longer mean you're financially secure.

In fact, it could mean you're still considered low-income.

Terry Castleman and Caitlin Huamani report that for a single person,

the low-income threshold is now approaching $100,000 a year.

And it's not just the Bay Area anymore.

Counties like Orange, San Diego, and Santa

Barbara are now seeing similar trends. The rising cost of housing is the main factor behind this shift.

In many areas where home prices have soared past a million dollars, more than half of residents

now qualify as low income. That includes retirees, single moms, even students packing

...