News

US President Trump: Iran is a failed state.

According to the Wall Street Journal, senior White House aides were unaware of CIA Director Ratcliffe's trip to Russia.

The U.S. Federal Trade Commission (FTC) is investigating YouTube, owned by Alphabet, for possible violations of consumer-protection law in its handling of account suspensions and reductions in content visibility, people familiar with the matter said. The probe, opened last year, has entered final stages as the agency prepares potential litigation, the sources said. Investigators are focused on whether YouTube breached its own user policies when banning or demoting content and whether its content rules may have misled users into posting material that was later removed or that led to account suspensions.

An NVIDIA (NVDA.O) spokesperson stated that the new business model (AI Cloud Revenue Sharing Agreement) launched in July is still in effect, providing computing access to the rapidly growing artificial intelligence ecosystem.

Market news: The U.S. Federal Trade Commission (FTC) is investigating YouTube's social media policies.

Sources say the U.S. government is close to reaching an agreement to secure long-term access to Venezuela’s oil reserves.

According to the Wall Street Journal, some Nvidia (NVDA.O) employees have expressed concerns to current and potential customers that the project could trigger antitrust scrutiny.

According to the Wall Street Journal: Sources revealed that Nvidia (NVDA.O) has suspended some deals involving providing credit support in exchange for revenue sharing.

U.S. Treasury official: We hope that all G20 members will reach a joint statement on promoting growth, reducing global imbalances, addressing sovereign debt challenges, and improving financial literacy.

US President Trump: Starting September 2, Ben Moss will serve as Assistant to the President and White House Chief of Staff.

US President Trump praised Nvidia's (NVDA.O) performance and revenue growth forecast for fiscal year 2028 in a tweet.

U.S. Treasury officials stated that bond yields will decline as inflation gradually cools; the Trump administration is committed to lowering long-term bond yields.

The European-Mediterranean Seismological Centre reports a 6.2-magnitude earthquake in the Gulf of Aden at a depth of 10.0 kilometers.

A senior U.S. Treasury official said the G20 finance ministers' meeting will focus on stronger economic growth and reducing global imbalances.

Nvidia (NVDA.O) has announced an upcoming event for the financial community.

According to NBC News: Sources say the CIA director asked Russia not to share intelligence with Iran during a meeting in Moscow.

Canadian Ambassador to Washington, Wiesman, stated that Canada's removal of tariffs on U.S. seafood was more of a technical matter than a signal of a swift resumption of negotiations.

Canadian Ambassador to Washington, Wiesman: Canada cannot accept a trade agreement with the United States unless it can ensure the survival of Canada's auto assembly and parts industry.

Foreign central banks held $29.075 billion in U.S. Treasury securities in the week ending August 21, compared with a previous week's figure of -$10.671 billion.

According to an official from a U.S. banking regulator, the Office of the Comptroller of the Currency (OCC) and the Federal Deposit Insurance Corporation (FDIC) will release a new set of rules on Thursday, with the core idea being to "focus regulatory attention on significant financial risks." Regulators stated that the reform aims to prevent bank inspections from becoming a "check-off compliance effort," instead concentrating on the most critical financial risks that could jeopardize a bank's survival. The reform includes a new definition of the term "dangerous or unsound behavior," which previously had considerable room for interpretation. The new rules will also raise the bar for issuing "issues of concern," formal notices issued by regulators to banks requiring them to rectify existing problems. Previously, U.S. regulators faced criticism for failing to address Silicon Valley Bank's interest rate and liquidity risks in a timely manner. The regulatory official stated, "We are pushing regulators and banks to focus their attention on the risks that are most important to them—those that could have a significant impact on their balance sheets and liquidity." Furthermore, the OCC announced that it will release its policy and procedure manuals for the first time to improve transparency and accountability. The agency stated that it will now categorize legal and regulatory violations into "substantive violations" and "technical violations." For non-substantive violations, regulators will seek to address them outside of the formal written notification system.