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Trump SPAC is masterclass in political workarounds

Donald Trump already blurred the line between entertainment and politics. A merger between a blank-check firm and his new media venture adds finance to the mix. If the plan comes to fruition, his backers may have a new way to support the former president’s agenda – and advance the prospects of political candidates he favors – without the usual campaign finance strictures, and with the prospect of making a profit to boot.
United States Donald Trump Amanda Gomez Devin Nunes Joe Biden Trump Media Technology

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Take China's easing signals with a grain of salt

China investors hoping for relief got mixed messages. In a Monday political meeting, officials flagged a fresh focus on economic stability while the central bank pumped 1.2 trillion yuan ($188 billion) into banks . Some battered sectors will get political breathing room, but this probably isn't the stimulus traders were looking for.
Katrina Hamlin Pete Sweeney Thomson Reuters Trust Principles Reuters Breakingviews Didi Global Thomson Reuters Trust

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