Trump Seeks Warsh's Counsel as Market Volatility Continues

US President Donald Trump has been seeking advice from Federal Reserve Chairman Kevin Warsh on various economic matters, including the impact of the war in Iran on the economy. This is according to reports.

Block Inc., a company that offers trading services for cryptocurrencies, stocks, and gold, raised its full-year guidance and reported higher second-quarter revenue. Growth in its commerce and financial solutions businesses helped offset declines in Bitcoin.

The Washington firm Carlyle Group beat profit expectations and announced plans to raise a new round of funds. Citadel's purchase of Situational's stocks at a discount is already paying off, with the company gaining around 14% in July.