Bloomberg News Now

Trump administration officials announced plans for economic restrictions on Iran. The administration reduced the scope of joint military exercises with South Korea. Anthropic reported revenue exceeding $11.5 billion in the second quarter. Goldman Sachs stated that market expectations for Federal Reserve rate increases were too aggressive. US retailers released earnings reports on consumer spending trends. China released first-half economic data showing slower growth. JPMorgan Chase Chief Executive Jamie Dimon met with UK Chancellor Rachel Healey regarding proposed tax increases on banks.

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