U.S. MarketsAugust 5 at 11:15 AM

The White House is lobbying Congress for a reprieve from a ban it approved last year on potent intoxicating hemp products, NYT reports

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The White House is seeking a delay for the upcoming November 2026 hemp-derived THC ban, potentially extending the deadline through December to mitigate economic disruption and refine federal regulations.

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Geopolitics

Gulf official tells CNN “50:50” chance US and Iran could reach deal by Friday, CNN reports; Iranian delegation does not include IRGC, which would need to sign off on details of provisional agreement

Geopolitics

The draft agreed to by Iranian and Omani negotiators awaits final approval from Iran’s supreme leader, two regional officials told The Associated Press on Wednesday

Geopolitics

The White House is lobbying Congress for a reprieve from a ban it approved last year on potent intoxicating hemp products, NYT reports

What do investors think?

Today's market highlights

Gulf official tells CNN “50:50” chance US and Iran could reach deal by Friday, CNN reports; Iranian delegation does not include IRGC, which would need to sign off on details of provisional agreement

The draft agreed to by Iranian and Omani negotiators awaits final approval from Iran’s supreme leader, two regional officials told The Associated Press on Wednesday

Only 'one or two issues' remain unresolved in Iran-Oman talks, a senior diplomatic source tells Al Jazeera