Politics Hunter Biden Says Joe Biden's Cancer Has Spread To His Bones Hunter Biden told BBC Newsnight that former President Joe Biden's prostate cancer has metastasized to his bones, describing his father's condition as very painful and debilitating.
Politics Japan Asks US Government To Stop Using Mario, Pokémon, Naruto In Memes Japan's Ministry of Foreign Affairs has repeatedly asked the US government to stop using Mario, Pokémon and Naruto in official memes, warning of damage to the franchises.
Macro Bessent: K-Shaped Economy Is “Definitively” Over Treasury Secretary Scott Bessent told CNBC the K-shaped economy is “definitively” over, pointing to wage gains at the bottom. Moody’s, the Atlanta Fed, and BofA data tell a more mixed story.
Macro Fed Chair Warsh Reportedly Ready to Back a September Rate Hike Fed Chair Kevin Warsh is reportedly prepared to back a rate hike at the September FOMC if inflation data comes in hot, breaking with Trump’s push for cuts.
Politics Democrats seek Pentagon probe of Trump sons' $3.2B defense portfolio Democratic lawmakers are asking the Pentagon IG to investigate $3.2B in federal awards to 15 defense-tech firms backed by Trump sons via 1789 Capital and American Ventures.
Politics Judge Clears Path to Deport 350,000 Haitians After TPS Ends A federal judge lifted the block on ending Temporary Protected Status for roughly 350,000 Haitians, clearing the Trump administration to proceed with deportations after the Supreme Court’s June ruling.
Markets FAA, NTSB Probe Marine One Near-Miss With Commercial Jet Over DC The FAA and NTSB are investigating a momentary loss of separation between Marine One carrying President Trump and a commercial jet near Reagan National Airport in Washington, DC.
Macro Wages Fall to 43% of U.S. Gross Domestic Income, Near Record Low Wages and salaries have dropped to about 43% of U.S. gross domestic income, near the lowest share since 1929, as corporate profits and investment income capture more of the pie.
Politics Army Recruiting Rebounds Nearly 38% From 2022 Low, Hits FY2026 Goal Early The US Army has already hit its FY2026 active-duty recruiting goal, with enlistments up nearly 38% from the 2022 low. Defense primes LMT, RTX, GD, and NOC in focus.
Markets US World Cup Host Cities Chase FIFA for Millions in Unpaid Legacy Funds US World Cup host cities say FIFA verbally promised each of them $1M in legacy funds and never paid, even as the governing body booked a record $15B revenue cycle.
Politics Trump Reportedly Indifferent to Midterm Losses, Eyes Executive Actions and Pardons Trump is reportedly indifferent to losing Congress in 2026, telling advisers he will govern through executive actions and pardons. Here is the trade angle.
Markets Labor Market Dynamics Shift: Job Losses May Not Raise Unemployment Recent trends indicate the U.S. economy can shed jobs without increasing unemployment, signaling a significant shift in labor market dynamics.
Politics Trump Family's Profits from Presidency Estimated at $4 Billion David Kirkpatrick reports the Trump family has amassed approximately $4 billion by leveraging the presidency, raising concerns about conflicts of interest and market implications.
Politics Trump on Intel Stake: ‘I Made $75 Billion — Not for Me, for the Country’ Trump says the U.S. government’s equity stake in Intel has generated roughly $75 billion in gains for taxpayers, framing the Intel deal as a template for future government stakes in strategic companies.
Markets Trump Media launches Truth API, sells faster access to Trump posts Trump Media (DJT) launched Truth API on Aug. 1, selling Wall Street firms a licensed, real-time feed of Trump's Truth Social posts for up to $100,000 a month — and drawing SEC scrutiny.
Geopolitics Sánchez calls Ceuta migrant surge an ‘attack’ on Spain Spain's PM Pedro Sánchez called the crossing of up to 60,000 migrants into Ceuta from Morocco an attack and a violation of territorial integrity, as Italy and France tightened borders with Spain.
Politics Trump Weighs $100,000 Fee for Foreign Grads to Work in US The Trump administration is weighing a $100,000 fee on international students’ ability to work in the US after graduation via OPT, echoing the blocked H-1B fee push.
AI FBI Seeks Predictive AI to Flag ‘Pre-Crime’ Threats on Watch List The FBI's Threat Screening Center is asking vendors for predictive AI to flag potential threats before crimes occur, tied to a broadened federal watch list. Palantir, Microsoft, Amazon, Google, and Booz Allen are the names to watch.
Politics CNN Poll: 73% Say Trump Hasn't Focused on Top US Problems A record 73% of US adults say Trump has not focused on the country's most important problems, per a new CNN/SSRS poll, with affordability and gas prices topping the list of complaints.
Geopolitics China Reportedly Sending 400 Rocket Launchers to Iran in $70M Deal China is reportedly sending 400 shoulder-fired air-defense launchers to Iran in a $70M deal, complicating Trump-Xi ties and adding fresh risk to oil and defense trades.
Macro Trump: Costs Are Going Down Rapidly, Blames Biden for Inflation Trump said costs are going down rapidly, blamed Biden for inherited inflation, and tied further relief to the end of the Iran conflict. Here is what traders should watch.
Markets Fauci's Diaries Question Wuhan Market as Covid Origin Dr. Anthony Fauci's diaries suggest skepticism about the Wuhan market as the origin of Covid-19, potentially impacting biotech stocks like PFE and MRNA.
Markets FIFA's $20B World Cup Venture Faces UEFA Backlash FIFA's plan to create a $20 billion company to manage the World Cup, involving private investors like the Kushner family, faces strong opposition from UEFA.
Markets Jamie Dimon Acknowledges Wealth Disparity: 'We Have Left the Lower-Income Folks Behind' JPMorgan CEO Jamie Dimon addresses growing wealth inequality, acknowledging that lower-income individuals have been left behind, and discusses potential policy solutions.
Macro Trump warns US could become a ‘Third World’ nation if tariffs fall Trump warned the US could become a ‘Third World country’ if his tariff policy is overturned. With $142B in tariff revenue and a Supreme Court fight on the line, traders are watching import-heavy names closely.
