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)
Yahoo Finance
Bloomberg Markets
A bipartisan duo of senators has called on Treasury Secretary Scott Bessent to step up cooperation with the Group of Seven to pressure China into addressing what they called a deliberate suppression of its exchange rate for commercial advantage.