UK Labour leader Burnham says he is ready to lead.

Financial Times reports Trump Media & Technology Group has discussed charging potential buyers of its Truth API up to $100,000/month for faster, millisecond-speed access to posts on Truth Social. The FT says proprietary trading firms and hedge funds may pay the fee because market reaction to major news can be as fast as one millisecond.

{"title":"Baltic Dry Index falls, posts weekly loss as capesize rates weaken","content":"Baltic Dry Index (BDI) fell 88 points (3.1%) to 2,752 on Friday, its lowest since July 3, and is down just over 6% for the week. The capesize index (BCI) slid 242 points (5.6%) to 4,097, down nearly 12% on the week; capesize daily earnings declined $2,196 to $33,653. Capesizes typically carry about 150,000 dwt of iron ore and coal. The panamax index (BPI) fell 9 points (0.4%) to 2,248, down 0.2% for the week; panamax daily earnings fell $80 to $20,236. The supramax index (BSI) rose 7 points (0.4%) to 1,737, its highest since August 2022, up 1.8% this week. The handysize index (BHSI) eased 1 point to 903."