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Press Groups Sue Trump Over Paid Early Access to Truth Social Posts

Online news outlet The Intercept and the nonprofit Freedom of the Press Foundation sued President Trump and members of his staff Wednesday, seeking to block a Trump-owned media company's plan to sell faster access to the president's Truth Social posts. The lawsuit, filed in …

Nitish Kishor | 12 August 2026

Options Market Signals Show FOMO Driving Wall Street's Breakout Rally

Fear of missing out is driving a buying rush on Wall Street, withOptionsmarket metrics flashing some of the most bullish signals in years. Easing tensions in the Middle East, falling oil prices, and robustEarningsreports have supported the market's climb to new highs, but some …

Nitish Kishor | 12 August 2026

Goldman Sachs (NYSE:GS) to Acquire ETF Provider Neos for Up to $2.3 Billion

Goldman Sachs (NYSE:GS) has agreed to acquire exchange-traded fund platform Neos Investments in a deal worth up to $2.3 billion, as theWall Streetbank continues expanding its asset management operations. Neos, which manages about $30 billion in assets across 19 options-based income ETFs, has been …

Nitish Kishor | 12 August 2026

Gold Rallies as Softer Inflation Data Reduces Odds of September Fed Rate Hike

Gold has been a difficult trade to time in 2026, falling by as much as 18% from a 10-year high above $5,300 an ounce reached earlier in the year. Last week marked the precious metal's best performance since January, while gold mining stocks posted …

Nitish Kishor | 12 August 2026

Google Raises Pixel 11 Prices by $100 as Memory Costs Surge

Alphabet's (NASDAQ:GOOGL) Google unveiled its Pixel 11 smartphone lineup Wednesday, raising starting prices by $100 as surging memory costs add pressure to device makers, while introducing upgraded cameras, a faster chip, and new artificial intelligence features. The Pixel 11 starts at $899, while the …

Nitish Kishor | 12 August 2026

Greenland Oil Drilling Plans Delayed Amid Permitting Disputes and Government Warning

A consortium developing what it has described as a large Greenland oil prospect has seen its drilling plans delayed after the territory's government said the companies involved had no right to drill in the Arctic region without proper approval. UK exploration company 80 Mile …

Nitish Kishor | 12 August 2026

US Gulf of Mexico Oil and Gas Lease Sale Draws $82.7 Million in High Bids

The latest sale of oil and gas drilling rights in the Gulf of Mexico attracted nearly $82.7 million in high bids Wednesday, generating more money than a sale held in March but far less than one held in December. The Interior Department offered more …

Nitish Kishor | 12 August 2026

Strait of Hormuz Ship Traffic Nears Three-Month Low Amid Reopening Uncertainty

Ship traffic through the Strait of Hormuz has dropped to near a three-month low as uncertainty continues over whether the US and Iran will reach an agreement to fully reopen the critical Middle East oil export route. Vessel transits through the strait averaged around …

Nitish Kishor | 12 August 2026

Iran Says No Progress on Reviving Interim Peace Deal as Trump Issues New Broadside

Iran and the United States remain at loggerheads over efforts to agree a permanent end to the war in the Gulf, according to a senior Iranian source, who said there had been no progress in talks to revive the interim deal agreed in June …

Nitish Kishor | 12 August 2026

Karoline Leavitt to Step Down as White House Press Secretary

White House Press Secretary Karoline Leavitt will leave her post by the end of August, President Trump announced Wednesday. Leavitt is departing so she can spend more time with her young children and family, a decision Trump said he totally understands and respects, according …

Nitish Kishor | 12 August 2026
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