Trump Media & Technology Group is launching a new service that gives paying customers real time access to President Donald Trump's Truth Social posts, potentially milliseconds before others see them. The new "Truth API" could benefit institutional investors and high frequency trading firms, where even fractions of a second can be worth millions of dollars.

In this episode, we speak with L.A. Times business columnist Michael Hiltzik about the legal and ethical questions surrounding the service, why Wall Street reacts so quickly to the president's posts, and whether the $100,000 per month product could become a major new source of revenue for Trump Media as the company looks to offset steep financial losses.

Netflix has acquired Ben Affleck's AI film-tech startup, InterPositive, for $587 million. The company says the technology will help speed up filmmaking while keeping creators in control, as Hollywood continues to debate the future of AI in entertainment.

A Los Angeles Times investigation found that homeless nonprofit A Step to Freedom paid more than $1.7 million to companies owned by its CEO over three years. County officials later determined the food service contract created a conflict of interest, though no criminal allegations have been made against the organization.

Read more at https://LATimes.com

Four House Republicans joined Democrats to pass a resolution for the first time that would limit President Trump's powers over the Iran War. The resolution is symbolically powerful, because it represents a growing divide between GOP lawmakers, especially those concerned about the war's effect on rising gas and food prices here at home. Meanwhile, California's primary election results are still trickling in for the mayoral and gubernatorial races. Incumbent Karen Bass is advancing to the November general election, while Spencer Pratt is leading City Councilmember Nithya Raman in the L.A. mayor's race, though many mail-in ballots remain uncounted. In the governor's race, Republican Steve Hilton is leading and likely to face Democrat Xavier Becerra in the general election.

Early Monday, Russia launched a series of missile and drone attacks on Ukraine's capital, Kyiv, and the greater region, killing at least 21 people and wounding at least 60 others. Also, as parts of the world bake under extreme summer heat, Southern California is next, as a strengthening El Niño threatens to bring record-high temperatures there over the coming weeks. A heat advisory is in effect from Tuesday to Thursday, as temperatures are expected to climb into the high nineties, even reaching triple digits across inland Los Angeles, Ventura, Santa Barbara, and San Luis Obispo counties. And, in a rare move, FIFA overturned U.S. striker Folarin Balogun's one-game suspension, clearing him to play in Monday's win-or-go-home match against Belgium. According to multiple outlets, Trump personally called FIFA President Gianni Infantino last week, asking him to reverse the call. Read more at https://www.latimes.com