Oil has moved to $85.30 as investors brace for what Treasury Secretary Scott Bessent calls the toughest U.S. sanctions in history on Iran. The Trump administration is pressing allies to sever all economic ties with Tehran and is warning of severe penalties for any nation that helps the Islamic Republic evade the measures. Iran's Revolutionary Guard has dismissed the threats, saying it can counter the effects and keep trading with other countries. Commonwealth Bank of Australia warns of continued volatility with Brent crude potentially heading toward the lower end of its $70–$100 range in the second half of 2026 if flows through the Strait of Hormuz recover. Gold is up slightly at $4,675 an ounce. Bitcoin has moved to $77,172. And finally, a Brazilian woman who claimed to be a 12-year-old girl has been jailed for 'emotionally kidnapping' the kindly couple who took her in. 38-year-old Amanda Maria Souza de Oliveira leeched off their generosity for years before her true age and intentions were uncovered.

Condor Studio News · 9:00 PM Central · Aug 23, 2026.

Tensions between the U.S. and Canada are escalating toward a full-blown trade war with both sides threatening tariffs that could hit cross-border supply chains in autos, energy and industrials. The potential conflict is raising fresh concerns over logistics costs and real-economy disruptions for manufacturers and shippers on both sides of the border. Oil has moved to $85.64. Gold remains flat at $4,664. Bitcoin has moved to $77,496. And finally in a human turn a Perth nurse who lost more than one hundred thirty thousand dollars in the collapse of First Guardian says she remains fuming despite the federal government's latest push to strengthen protections for retirement savings as thousands still wait for compensation.

Condor Studio News · 8:00 PM Central · Aug 23, 2026.

Traders are positioning for a week packed with Fed Chair Kevin Warsh’s first Jackson Hole address, Nvidia earnings and fresh inflation data as oil sits at $86.14 with potential tariff ripple effects in focus. China’s space agency has delayed its next research launch by two weeks, a fresh setback for the program behind the country’s planned manned moon mission in 2030 and coming just weeks after another launch failure. And in global weekend news, Dow futures are little changed as new Canadian tariffs raise the prospect of a widening U.S.-Canada trade clash that could hit supply chains and energy flows. Gold hit $4,665 an ounce. Bitcoin traded near $77,612. And finally, the moment a so-called TikTok joyrider killed in a Teesside police smash was seen driving recklessly in a clip he posted online has emerged, as families of the two hero officers who died in the crash speak of their agony. Jacob Matusiak, 23, was among seven people killed early Saturday when a car travelled the wrong way on the A66 near Middlesbrough.

Condor Studio News · 7:00 PM Central · Aug 23, 2026.

Treasury Secretary Scott Bessent is set to announce the toughest sanctions package in history against Iran on Monday, demanding that allies and all nations cease business with Tehran or face severe secondary penalties. President Trump’s administration is framing the move as the single greatest financial offensive ever marshalled against an adversary. Iran’s Revolutionary Guard Corps dismissed the threats, insisting Tehran can weather the pressure and find new trading partners. The sanctions come as Federal Reserve Chair Kevin Warsh prepares to deliver his first Jackson Hole speech this week amid ongoing policy uncertainty. U.S. stock futures slipped Sunday evening as tensions with Canada escalated, with both sides appearing headed for a full-blown trade war that threatens integrated supply chains in autos, energy and agriculture. Oil is down eight-tenths of a percent at $86.36. Gold is down three-tenths of a percent at $4,668. Bitcoin is down two-tenths of a percent at $77,627. And finally, This Is Us star Chris Sullivan has opened up about his mother’s heartbreaking eight-year battle with ALS that has left her unable to speak.

Condor Studio News · 6:00 PM Central · Aug 23, 2026.

Gold is steady at $4,681 an ounce with metals markets quiet ahead of the new Asian trading week. Oil holds at $87.06 a barrel. Bitcoin has climbed to $77,810. Billionaire Stanley Druckenmiller has made cancer diagnostics company Natera his largest holding, now representing 16.6 percent of his family office portfolio after adding shares in the second quarter. Meanwhile Wall Street sees further room to run for Axsome Therapeutics, whose shares are up 16 percent this year and carry an average price target implying 37 percent upside. In Britain, Reform UK says it would put foreign-born citizens lower on social housing waiting lists to prioritise people born in the UK, young working families and veterans. The party argues the change is needed with 1.3 million households waiting and more than 500,000 social homes occupied by foreign nationals. And finally, a young pilot is safe after making a dramatic ocean landing off the coast of Florida. Twenty-three-year-old Faith Tenkley was flying to the Bahamas to pick up her parents when mechanical problems forced her to ditch the family plane in the sea. She was rescued unscathed.

Condor Studio News · 5:00 PM Central · Aug 23, 2026.

President Trump waved the green flag and took a ceremonial lap to start an IndyCar race through the streets of Washington. The event caps a summer of celebrations marking America's 250th birthday. Oil remains flat at $87.06. Gold is unchanged at $4,681. Bitcoin has edged higher to $77,387. Frustration continues to build in the Indiana town of Gary where residents have now gone twelve days without power after severe storms with a third of the population already living in poverty. And finally thirty people are confirmed dead after a landfill collapse triggered by torrential rain in Guinea. A local woman who lost her five children in the disaster told reporters she has lost all her children and all she can do now is put her trust in God.

Condor Studio News · 4:00 PM Central · Aug 23, 2026.

Billionaires Stanley Druckenmiller and Dan Loeb have both sold out of Broadcom and piled into Alphabet, seen by many as the virtual monopoly in artificial intelligence. The shift from component makers to full-stack AI platform owners with data centers, models, and distribution comes as Alphabet reported strong cloud growth and a massive backlog. J.P. Morgan is pushing back on Treasury Secretary Scott Bessent's plan to ramp up buybacks of long-dated Treasuries, calling the strategy unsustainable and warning it could raise term premiums instead. Federal Reserve Governor Kevin Warsh prepares for his first Jackson Hole speech this week while Dow futures eye a technically important level ahead of Nvidia earnings and fresh tariff headlines. Oil is unchanged at $87.06. Gold remains flat at $4,681. Bitcoin has moved to $77,378. And finally, nonprofits in Austin, Texas are helping musicians and creative professionals afford health insurance as premiums keep climbing. In a human turn, nobody plans to retire alone in The Villages, but here's what it actually costs when it happens.

Condor Studio News · 3:00 PM Central · Aug 23, 2026.

And in Asian and European news this hour, investors are already eyeing a busy week ahead that includes Treasury Secretary Bessent speaking tomorrow, ADP jobs data, consumer confidence, new home sales, and then the big one on Wednesday with core PCE and preliminary GDP. Fed Chair Kevin Warsh is also set to deliver his first Jackson Hole speech on Friday, an event that will shape September rate-cut odds and influence markets from equities to crypto. Nvidia reports earnings that could reaffirm or challenge the AI trade, while fresh inflation readings and a Q2 GDP revision round out the high-conviction calendar. Oil is unchanged at $87.06. Gold remains flat at $4,681. Bitcoin has moved to $77,278. And finally, a devastating rubbish landfill collapse in Guinea's capital Conakry has killed at least 30 people after heavy overnight rain sent a massive mound of waste crashing onto homes in the Dar-es-Salam neighbourhood just after 2 in the morning local time. Another 22 were injured, six of them seriously, with fears the death toll will climb as rescuers continue searching through the debris. The government has rushed in military teams and heavy equipment while the Prime Minister visited the scene. A similar disaster at the exact same unregulated site claimed 10 lives back in 2017. One survivor told rescuers she lost all five of her children.

Condor Studio News · 2:00 PM Central · Aug 23, 2026.

Bitcoin has moved to $77,225 after trimming earlier gains. President Trump has arrived in Washington for a high-speed IndyCar race through the city streets, a ceremonial event tied to the country's 250th birthday celebrations. The collapse of trade talks with Canada has triggered fresh warnings that negotiation with the current US administration may now be futile, with political observers saying even longstanding allies can no longer count on cooperation. Oil is unchanged at $87.06. Gold remains flat at $4,681. And finally, the family of PC Tom Clough has paid tribute to the hero officer killed in a wrong-way crash that claimed seven lives including his colleague and five others.

Condor Studio News · 1:00 PM Central · Aug 23, 2026.

Thousands of homes and businesses in Indiana remain without power twelve days after severe storms tore through the state. Restoration crews continue working around the clock but officials say some customers could stay in the dark for several more days. Oil is unchanged at $87.06. Gold remains flat at $4,681. Bitcoin has moved to $77,381. And finally, a British police officer killed in a wrong-way crash has been remembered as a hero by his grieving family. PC Tom Clough and his colleague died alongside five others when a car slammed into them while on duty.

Condor Studio News · 12:00 PM Central · Aug 23, 2026.