Bloomberg Markets
FIFA is projected to pull in a staggering $10.9 billion from the World Cup—a 56% jump from the last tournament. Meanwhile, the host cities and stadiums don't see a single dime from ticket sales or sponsorships. Bloomberg’s Randall Williams takes you inside the intense bids, the multimillion-dollar stadium upgrades and why cities still fight for the chaos. (Source: Bloomberg)
Bloomberg Markets
The chair of the Federal Energy Regulatory Commission Laura Swett joined Balance of Power joined to discuss the power demand for datacenters. She said interventionist and unprecedented action will be needed to connect power-hungry data centers to US grids while protecting consumers,Without changes, the country’s electric grids are “not going to work.” (Source: Bloomberg)
Bloomberg Markets
Kenyan lawmakers watered down a slew of tax proposals fronted by the Treasury that would have raised nearly $1 billion for the East African nation’s budget.
Yahoo Finance
Bloomberg Markets
The US-Iran interim peace deal took effect and shipping started returning to the Strait of Hormuz as the US declared an end to its blockade and a complex negotiating period over Tehran’s nuclear program began in earnest. Mona Yacoubian, Director and senior adviser of the Middle East Program at the Center for Strategic and International Studies joins Balance of Power to discuss. (Source: Bloomberg)
Financial Times
US vice-president says Israelis who find fault in agreement with Tehran need ‘to wake up and smell the reality’
Yahoo Finance
Yahoo Finance
Bloomberg Markets
The Bank of Canada is likely to keep rates on hold through most of 2027 and allow the Canadian dollar to weaken further even if US monetary policy tightens, Bank of America says.
MarketWatch
Midjourney is making a foray into healthcare with its latest body-scanner product, aiming to make medical imaging more accessible.
Bloomberg Markets
Former Federal Reserve Vice Chair Lael Brainard joined Balance of Power to discuss Kevin Warsh's first meeting as Fed Chair. She said several of the task forces Fed Chair Kevin Warsh announced yesterday could be ways he tries to move the committee more into a direction of lowering rates. (Source: Bloomberg)