Deloitte expects the space economy to reach $2 trillion by 2035.

Jason Garzatus, CEO of Deloitte U.S., says that growth is fueled by data and its application

for businesses across industries.

What's exciting is that the data and the analytic and the commercial application of the data

will move to be more mainstream.

It will be something that organizations of any size can benefit from

the data that's being emitted from space that could be pertinent to their operation. Visit deloitte.com

to learn how the space economy is creating new opportunities. Senators look to give President

Trump authority to impose tariffs on the five largest importers of Russian oil and gas.

Plus, in a world first, Australia lays out national guidelines to control how data centers use water and power.

And met as AI-powered glasses are everywhere raising major privacy concerns.

On the glasses, there's a white light that indicates the glasses are recording.

Some users have covered up that white light, and there's even shops on TikTok that

sell stickers to help cover up that white light.

It's Wednesday, July 15th.

I'm Daniel Bach for the Wall Street Journal, filling in for Luke Vargas.

And here is the AM edition of What's News, the top headlines,

and business stories moving your world today. The U.S. has given the United Arab Emirates

expanded access to highly coveted artificial intelligence chips as a reward for its help with the

war against Iran. The UAE has carried out dozens of airstrikes

against Iran, intercepted hundreds of missiles in the Gulf, and helped to keep oil moving through

the Strait of Hormuz. Journal of Finance reporter Elliot Brown writes that the move caps a

...