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Trump’s foreign licensing business booms to $59.5 million as Gulf developers pay

Nearly two-thirds of Trump’s foreign licensing fees came from two Gulf developers, in the UAE and Qatar, including one pursuing a $20 billion U.S. expansion.

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10 Monday AM Reads

My back-to-work morning reads: • Mind the Gap 2026: Morningstar’s annual investor return gap study — the difference between fund returns and investor returns, driven by badly timed buying and selling.

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