News

A U.S. judge ruled that the Postal Service’s final rule restricting mail-in voting violated a court order, but would not take action to prevent it.

The U.S. Federal Communications Commission (FCC) announced that joint fundraising committees and party committees will also be able to purchase television advertising slots at discounted rates, just like candidates.

Pakistani Foreign Minister: Pakistan welcomes the US decision to lift all sanctions against Syria.

ExxonMobil (XOM.N): Operations at the Liza Unity floating production storage and offloading vessel (FPSO) in Guyana have returned to normal, and the crude oil unloading operation that was briefly interrupted has now been completed.

Northrop Grumman, a U.S. defense contractor, said the Golden Dome missile defense project is accelerating and the company expects to gain a significant share of the project.

Market news: U.S. Democrats are urging Federal Reserve Chairman Warsh to maintain the arrangement for the Federal Open Market Committee (FOMC) to hold eight meetings per year.

According to Nikkei: Japan is seeking to fund the rare earth mining industry with long-term technological support.

The minutes of the Federal Reserve's discount rate meeting show that four of the 12 regional Federal Reserve banks voted in July to raise the discount rate.

IMF Managing Director Kristalina Georgieva: The resurgence of oil prices could drive inflation, forcing central banks to maintain a tight monetary policy stance.

IMF Managing Director Kristalina Georgieva: The global economy is benefiting from a boom in AI investment and supply, and this trend is spreading from the United States to other countries such as Thailand.

U.S. Defense Secretary Hergsays: We will work with the Small Business Administration to re-establish the "Small Defense Enterprises Committee".

CME Group: Announces completion of its first U.S. zinc futures transaction.

According to SEC filings, prediction platform Kalshi has raised approximately $1.12 billion through equity financing, bringing its total offering size to $1.5 billion.

The Federal Reserve accepted a total of $405 million from six counterparties in its fixed-rate reverse repurchase operations.

According to Axios, U.S. officials say more than 500 ships have passed through the southern channel of the Strait of Hormuz in the past 30 days, with only about 2% of them being attacked by Iranian drones or missiles.

According to Nikkei, the Japanese government and central bank will launch a next-generation payment infrastructure framework aimed at enabling instant settlement of stock and Japanese government bond transactions at any time of day. The system is expected to be operational in the early 2030s.

The yield on the two-year U.S. Treasury note remained stable after the auction, last falling 3.43 basis points to 4.202%.

The percentage of winning bids for the 2-year U.S. Treasury bond auction up to August 25 was 85.68%, compared to 69.04% previously.

The US 2-year Treasury auction on August 25th yielded a winning bid of 4.204%, compared to 4.32% previously.

The bid-to-cover ratio for the 2-year U.S. Treasury bond auction ending August 25 was 2.6, unchanged from the previous value of 2.66.