Author: franperez66q@protonmail.com

Trump Media & Technology Group interim CEO Kevin McGurn on Monday defended his company offering faster access to President Donald Trump’s Truth Social posts, and said more customers have signed up for the pricey and controversial service.”We’re getting into the mid-teens now, and we’re climbing,” McGurn told CNBC’s “Squawk Box” when asked if more companies had started paying for the service dubbed Truth API, which costs up to $100,000 per month.That’s an increase from two weeks earlier, when McGurn said on Trump Media’s first-ever quarterly earnings call that “more than 10” customer agreements had been signed. The service went live…

US President Donald Trump points to someone in the crowd after speaking at a campaign rally for US Senator Darline Graham at Myrtle Beach Convention Center in Myrtle Beach, South Carolina on August 21, 2026. Saul Loeb | AFP | Getty ImagesPresident Donald Trump’s oil and gas stock holdings may have gained as much as $15.5 million this year, as energy shares surged amid the war with Iran, according to a new report from Democrats on Congress’ Joint Economic Committee.Trump reported owning between $12.5 million and $45.6 million in oil and gas stocks in his 2025 annual financial disclosure. The…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The writer is author of ‘The Political Economy of Italy’s Decline’ and ‘The Republic of Innovation’Last month, the lower chamber of Italy’s parliament approved a drastic rewriting of the country’s electoral law, which might herald a snap election.If ratified by the Senate, this will be the fourth electoral reform in two decades. The three previous initiatives had nakedly partisan motives and strictly partisan support — the first was passed by the centre-right (2005), the second (2015) and third (2017) by the centre-left.…

The Trump administration unveiled a plan to isolate Iran’s economy by threatening to impose secondary sanctions on the Islamic Republic’s “enablers.” Source link

There’s a popular expression on Wall Street: KISS, which stands for, Keep It Simple, Stupid. Amid a torrent of complicated cross currents, it might present the best approach to trading this week’s news. More catalysts mean more potential for big moves, and if options are cheap they may present the better way to make a directional bet. At the moment, SPDR S&P 500 ETF Trust (SPY) call options look like a better way to be long in this market. Here’s why:Let’s start with Treasuries. The 30-year rate is at the highest level in 20 years. This was enough for Treasury Secretary…

Available for over a yearKate Adie presents stories from Russia, with authorities defiant as the war impact is felt; a grim Ebola milestone in the DRC; Brazil’s presidential campaign and the small Bulgarian city chosen to host Eurovision. Moscow has issued a warning to the UK of ‘consequences’ following confirmation that British-made drones were used in recent Ukrainian strikes . The authorities – and some citizens – are increasingly blaming the West for Russia’s problems as Steve Rosenberg discovered on the streets of Moscow. The Ebola epidemic in the Democratic Republic of Congo has become the deadliest in its country’s…

Gold is up 15% this month, rallying alongside higher interest rates and quietly on pace for its best month since 2008. The biggest trade in the entire options market today says that run is coming to an end.Twenty minutes after the market opened Monday, someone sold almost 116,000 420-strike calls in the SPDR Gold Shares ETF (GLD) expiring Sep. 18, contracts that are currently in-the-money, collecting a total premium of $202 million dollars. The trader then used some of that money to buy the same number and expiry of 430-strike calls for $144 million, creating a $58 million net credit.While…

US President Donald Trump speaks to reporters before boarding Air Force One at Joint Base Andrews, Maryland on Aug. 21, 2026.Saul Loeb | AFP | Getty ImagesPresident Donald Trump on Monday said the U.S. will raise tariffs on imports of cars, trucks and auto parts from Canada to 50% on Jan. 1, 2027, following a breakdown in trade negotiations last week.”Canada has been ripping off the United States of America for years,” Trump wrote in a Truth Social post, accusing the long-time trading partner of hurting U.S. farmers through its own tariff policies. “Not sustainable, and NOT ANYMORE!” he wrote.…

Instead, under Project Brakestop, it is developing its own long-range cruise missiles, free of foreign components, and less than half the price of a Storm Shadow.Project Brakestop is also being done at break-neck speed. The UK hopes to have a new cruise missile ready by the end of the year. It is promising to supply the new weapon to Ukraine.It is Ukraine which has shown the world how to produce relatively cheap, mass produced weapons, necessary for a long, protracted conflict.Douglas Barrie, Senior Fellow for Military Aerospace at the International Institute for Strategic Studies (IISS) told the BBC: “The decision…

U.S. Trade Representative Jamieson Greer on Monday said Canada was responsible for the collapse of trade-deal negotiations last week, telling CNBC that Ottawa changed its demands at the eleventh hour.”We progressed to a point Tuesday night where we had enough agreement among the parties to announce that we had we had found the way to a deal,” Greer told CNBC’s “Squawk Box.””Then we set about to finalize it, and then in the last hours, I think there were things that the Canadians just — you know, they wanted more,” he said.The comments mirror those offered by Canadian Prime Minister Mark…