News

US President Trump: Interest rate levels are absurd.

US President Trump: He believes Federal Reserve Chairman Warsh has performed exceptionally well.

US President Trump: I have the right to cut off all business dealings with a country.

US President Trump: (Regarding Canadian trade) Farmers will not need to pay tariffs.

US President Trump: We may continue to close (the Strait of Hormuz).

US President Trump: I support term limits.

US President Trump: We will be holding a meeting with people in the field of artificial intelligence next week.

Commodity Futures Trading Commission (CFTC) Chairman Selig: I will provide more details about the future regulatory path at the meeting tomorrow.

US President Trump: We need Congress to pass a clear bill.

US President Trump: I really hope interest rates can go down.

Sources say the US-Canada trade agreement is expected to reduce the top US tariff on Canadian cars to 15%.

Alpha Compute, a computing power company, reported that its gaming business and Alpha-01 NVIDIA GPU cluster generated $1.57 million in cash revenue in July, representing a 35-fold increase over its total revenue in April 2026.

According to related letters, the United States will provide $206 million in funding to the peacekeeping force in Gaza.

Market news: The UK is willing to discuss a digital services tax with the US, stating that taxing tech companies is only a temporary measure until a global solution is reached.

The Indian government has ordered that major sugar buyers limit their stockpiles to no more than 15 days' worth.

The Indian government has ordered stockpiling restrictions on bulk sugar consumers, effective from September 1 to November 30.

Shares of U.S. steel and aluminum companies fell, with Nucor (NUE.N) down nearly 8%, Steel Dynamics (STLD.O) down more than 8%, Century Aluminum (CENX.O) down more than 10%, and Cleveland Cleveland (CLF.N) down more than 5%.

U.S. Central Command: As of August 19, it had forced 65 merchant ships to change course, rendered 3 ships inoperable, and boarded and inspected 2 ships to ensure they were in compliance with requirements.

Federal Reserve meeting minutes: Some participants said that the ample reserve system helped the Fed maintain orderly market functioning during the brief payment system outage that occurred between meetings.

Federal Reserve meeting minutes: Several participants said that price increases over the past year have been widespread, affecting multiple categories of goods and services.