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⚑️ LATEST: Meta has launched its first AI coding agent, Muse Code, as it expands its AI offerings to compete with Anthropic and OpenAI.

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πŸ‡°πŸ‡ͺ NEW: Kenya’s Nairobi Securities Exchange plans to launch East Africa’s first AI-focused ETF before the end of 2026, according to its CEO.

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πŸ‡ΊπŸ‡Έ LATEST: Fed Governor Lisa Cook said she is prepared to support higher interest rates if inflation fails to keep slowing.

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πŸ‡¨πŸ‡³ BIG: China has imposed sanctions on six U.S. entities and tightened export controls on drones to the U.S. in retaliation for recent American trade restrictions.

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πŸ‡ΊπŸ‡Έ JUST IN: Sen. Tillis says the White House is now engaging on the bipartisan ethics text he and Sen. Gallego sent last week, per Punchbowl's Brendan Pedersen.

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πŸ‡·πŸ‡Ί LATEST: Russia's President Putin has signed Russia's first comprehensive law regulating crypto exchanges, digital depositories, and digital asset custody, per TASS.

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πŸ‡ΊπŸ‡Έ TODAY: President Trump says oil prices are going down but β€œwe may have to send it up again.”

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πŸ‡ΊπŸ‡Έ JUST IN: President Trump has been calling Fed Chair Kevin Warsh repeatedly for counsel on issues like the Iran war and AI's economic impact, WSJ reports.

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πŸ‡¬πŸ‡§ NEW: Coinbase launches 24/5 trading for nearly 4,000 US stocks in the UK.

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🚨 TODAY: More than 900 million SpaceX shares unlock.

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πŸ‡ΊπŸ‡Έ JUST IN: The CLARITY Act is not included in today’s US Senate schedule for Thursday, Aug. 6.

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πŸ‡ΊπŸ‡Έ LATEST: Treasury Secretary Scott Bessent says wage growth is outpacing inflation, with lower-income Americans seeing the fastest earnings gains under President Trump.

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πŸ‡ΊπŸ‡Έ UPDATE: A U.S. appeals court has officially upheld Sam Bankman-Fried’s conviction and 25-year prison sentence, leaving the former FTX CEO with few remaining legal options.

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