Trump Backs Down From Yet Another Empty Threat to Iran We’re locked in a cycle: The president threatens to resume the war, he claims Iran backed down, and then he gets frustrated with Iran again. Reason · Aug 3
Ahead of Market: 10 things that will decide stock market action on Tuesday Indian equities rallied sharply as easing oil prices following renewed US-Iran talks boosted sentiment. Sensex gained 544 points and Nifty surged 1.6%, adding nearly Rs 5 lakh crore in market value, while FII inflows, a stronger rupee and upbeat earnings supported optimism. The Economic Times · Aug 3
Crude Oil Prices Tumble as Talks Resume to Reopen Strait of Hormuz September WTI crude oil (CLU26 ) today is down -4.87 (-5.75%), and September RBOB gasoline (RBU26 ) is down -0.1186 (-3.81%). Crude oil and gasoline prices are sharply lower today, with gasoline falling to a 3-week low. Easing tensions in the Middle East are weighing on crude prices today after... Barchart · Aug 3
Trump administration sued for blocking insurance coverage of gender-affirming healthcare Coverage for gender-affirming care is no longer covered by federal plans, and workers must pay out of pocket The Guardian - US · Aug 3
Trump Warns Oil Executives: 'Get Your Retail Prices Down, NOW!' President Donald Trump escalated his pressure campaign on the energy sector Monday, posting on Truth Social that oil companies must “get your consumer (retail!) Oil Prices DOWN, NOW!” Benzinga · Aug 3
BBC ‘nervous’ about making Trump jokes amid $10bn lawsuit, claims Have I Got News For You producer The US president is suing the BBC over an episode of ‘Panorama’ The Independent UK · Aug 3
America's 'weird' and 'unwise' intervention in the Japanese yen: 'The last thing you want is to give markets any kind of reason to ask questions' Why did the Treasury sell euros to buy yen and come to the rescue of the flailing Japanese currency? Fortune · Aug 3
Stocks Rally on Easing Geopolitical Risks and US Economic Strength The S&P 500 Index ($SPX ) (SPY ) today is up +1.18%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +1.081%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.40%. September E-mini S&P futures (ESU26 ) are up +1.11%, and September E-mini Nasdaq futures... Barchart · Aug 3
What Iranian Dissidents Can Learn About Regime Change From the Mistakes of 1979 A regretful rebel talks about what he learned from his participation in Iran’s Islamic revolution. Reason · Aug 3
After deadly day, Gazans say Trump's touting of plan jars with grim reality Palestinians in Gaza feel disconnected from a peace deal amid escalating Israeli strikes. Intensifying Israeli actions have shattered hopes for progress on the ground. Israeli forces have expanded their control over Gaza, displacing residents. Hamas insists Israel halt attacks before implementing any agreement. Gazans demand concrete actions over discussions for… The Economic Times · Aug 3
Trump insists his real approval numbers are the best they’ve ever been IN FULL The Independent UK · Aug 3
Trump Says Nancy Guthrie Investigators Deserve 'Benefit of the Doubt' as Family Begs for Answers Trump defends Nancy Guthrie investigators despite a report alleging major crime scene failures, as Savannah Guthrie's family issues a desperate plea for answers. International Business Times UK · Aug 3
US factory activity accelerates, uncertainty remains high: survey US manufacturing activity grew faster in July, reaching a four-year high. The Institute for Supply Management's index rose to 55.6 percent, exceeding expectations. Employment in manufacturing entered expansion territory for the first time in nearly three years. Price volatility and geopolitical tensions impacted some respondents negatively. However, artificial intelligence infrastructure… The Economic Times · Aug 3
International Business Times UK · Aug 3 'Strangest Marriage in History': Experts Highlight Risk as Melania Earns $17.2m and Allegedly Vanishes Melania Trump's limited public appearances and $17.2m earnings from ventures have sparked speculation about her role and influence, raising questions about her impact on the Trump administration.
Evening Standard · Aug 3 Oil prices drop after Trump cancels strikes on Iran amid peace talks Brent crude oil fell below 83 US dollars (£61.73) a barrel on Monday, down nearly 6%.
Reason · Aug 3 Trump Said Tariffs on Aluminum Would Boost Domestic Production. The White House Now Admits That Didn't Happen. It's been more than eight years since Trump's first aluminum tariffs were imposed. How long do we have to wait before calling this a failure?
The Independent UK · Aug 3 Trump says he’s decided on a punishment for Canada over wildfire smoke blanketing the US: ‘You’ll find out’ Trump has accused Canada of mismanaging its forests and previously vowed the country would be ‘held responsible’ for the smoke
The Independent UK · Aug 3 Trump appears to put himself on Mount Rushmore’s level with latest post IN FULL
International Business Times · Aug 3 GOP Rep. Max Miller Refuses To Quit House Race Despite Abuse Allegations Splitting Ohio Republicans Rep. Max Miller has vowed to stay in a race for reelection despite abuse allegations made by his ex-wife, triggering a public feud with Sen. Bernie Moreno just days before a key Ohio election deadline.
The Texas Tribune · Aug 3 Cornyn reaches deal to scrap DOJ anti-weaponization fund, ending Blanche standoff Cornyn said he will vote to advance Todd Blanche’s nomination after the acting attorney general formally rescinded the fund and clarified the scope of a tax audit shield for President Trump and his circle.
International Business Times · Aug 3 Iraq Is Struggling To Get Its Oil Through The Hormuz Strait. It's Offering Millions In Discounts To Those Daring To Take It Iraq's state oil marketer is offering millions in discounts to potential buyers daring to load up its crude and take it through the Strait of Hormuz.
International Business Times UK · Aug 3 'Gone Too Far': Donald Trump Faces Dramatic Backlash as Public Approval for Border Tactics Tanks A new AP-NORC poll reveals declining approval for Trump's immigration policies, with growing unease among independents over aggressive enforcement tactics, potentially impacting upcoming elections.
Barchart · Aug 3 Stocks Supported by Easing Middle East Tensions The S&P 500 Index ($SPX ) (SPY ) today is up +0.84%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +1.21%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.47%. September E-mini S&P futures (ESU26 ) are up +0.90%, and September E-mini Nasdaq futures...