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What can we expect from the Fed under Kevin Warsh?
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US Senate confirms Warsh to succeed Powell as Fed chair
Vote brings to an end one of the most fraught processes of selecting a central bank chief in decades
Sports
US Senate confirms Kevin Warsh as Federal Reserve chair, replacing Jerome Powell
Warsh will serve four-year term as chair, taking over amid rising inflation and pressure from Trump to lower ratesThe US Senate confirmed Kevin Warsh as chair of the Federal Reserve, one of the most powerful roles in the federal government that holds enormous sway over the economy.The 54-45 Senate vote on Wednesday was split along party lines, with the e
Business
Senate Confirms Kevin Warsh to Lead Fed in Narrowest-Ever Vote
The Senate narrowly confirmed Kevin Warsh as chair of the Federal Reserve, setting up the most controversial leadership transition at the US central bank in decades and a test of its political independence.
Technology
Netflix’s ad ambitions just keep growing
For the second year in a row, Netflix's ad-supported tier more than doubled its monthly viewerbase. During its 2026 upfront presentation, Netflix revealed that its $8.99-per-month plan reaches more than 250 million people around the globe, a significant leap from 94 million users reported last year. The streaming service reported earning $1.5 billion from ads […]
Business
Fed’s Warsh To Face the Highest Inflation in Three Years
Douglas Holtz-Eakin, President of the American Action Forum and former Director of the Congressional Budget Office joins Balance of Power to discuss the recent inflation data and how this will effect the Fed's rate decisions. Warsh arrives just in time for two-year Treasury yields to touch 4%, their highest since June last year, buoyed by the strong market expectation that the fed funds rate cannot move far from where it is now — but that the next move is now more likely to be a hike than
Sports
Wes Streeting: PM-in-waiting or ‘this generation’s David Miliband’?
Health secretary’s lack of challenge had reassured Starmer and his allies – but then briefings for a speculative Thursday launch emergedAs the unofficial political truce of the king’s speech approached, with still no sign of a leadership challenge from Wes Streeting, some of his Labour colleagues assumed the health secretary’s chance to go for the top jo
Technology
Everything at The Criterion Collection is 30 percent off right now
If you’ve been meaning to grow your physical movie collection, now’s a good time to do it. Through May 25th, The Criterion Collection is taking 30 percent off every disc on its site, including standard Blu-rays, 4K releases, box sets, and even films that are currently only available to preorder. The sale spans every category […]
Technology
Xbox's new filters aim to make sense of disorganized game libraries
And, brace yourself, Microsoft is also testing a new startup experience.
Technology
NASA provides some details about Artemis III, but hard decisions remain
"NASA also is defining the concept of operations for the mission."
Business
Saudi Arabia launched strikes against Iran
Riyadh wanted to show it was defending itself but told Tehran it was not joining broader US-Israeli assault
Technology
OpenAI endorses the Kids Online Safety Act
The bill appears to be gaining new momentum.
Business
Trump Lands in China With Iran War in Limbo
Kelly Grieco, Senior Fellow with the Reimagining US Grand Strategy Program at the Stimson Center joins Balance of Power to discuss the recent news reported that Iran may still have intact missile capabilities. Iran's missile capabilities brings more light to the Trump, Xi Summit as the conflict continues between the US and Iran. President Donald Trump arrived in Beijing for the first state visit to China by a US leader in nine years, as the world’s two largest economies look to stabilize ties w
Technology
How US donor bodies were sold for Israeli military training
How donated cadavers from US universities ended up in Israeli military surgical training.
World
The south London community where ‘pioneering’ scholarship choristers are made
St John the Divine, Kennington has built one of UK’s largest youth choral programmes in area marked by deprivation https://media.gutools.co.uk/images/f691f17c8bec6dd39eb407c2e7bddce5c0148803https://media.gutools.co.uk/images/d8f91c2e89ef1aed515efeda33eadbfe161bafbb Continue reading...
Business
Brazil’s Real Slumps on Report Tying Bolsonaro to Bank Scandal
Brazil’s currency slumped Wednesday after a news website linked right-wing presidential candidate Flavio Bolsonaro to Daniel Vorcaro, the jailed former chief executive of a bank at the center of a massive fraud probe.
Sports
Taiwan vs China: Is conflict inevitable?
🇺🇸🇨🇳After nearly a decade since his last visit, US President Donald Trump is meeting Chinese President Xi Jinping in Beijing in a historic summit focused on global trade, technological rivalry and rising tensions over Taiwan, one of the world’s most sensitive flashpoints. 🇹🇼China claims Taiwan as part of its territory while the United States continues to back the island with military support and strong diplomatic ties. Caught in the middle is a resilient democracy that has become one of Asia’s
Business
Mortgage rates jump to highest level since March on hotter inflation reports
Mortgage rates surged to the highest level since March in reaction to two hotter-than-expected inflation reports.
Business
Redistricting Wars In Focus As Midterms Loom
Representative Suzan DelBene, said Republicans won't get what they expected from redistricting because of voter anger with President Trump and Republicans in Congress. House Democrats may have lost the mid-decade redistricting battle. They still have the edge in the campaign for control of the chamber at the midpoint of President Donald Trump’s second term. The US Supreme Court sharply limiting race-based redistricting and the Virginia Supreme Court voiding a Democratic gerrymander have made tha
Technology
Drug counselor who delivered ketamine dose that killed Matthew Perry gets two years
Erik Fleming was sentenced in Los Angeles court after previously pleading guilty over the Friends actor’s 2023 deathSign up for the Breaking News US newsletter emailA licensed drug addic
Technology
Milka maker milked shoppers over size of chocolate bars, German court rules
Brand owner Mondelēz was accused of reducing weight of Alpine Milk bar from 100g to 90g without significantly altering the packagingMany chocolate lovers consider shrinkflation a serious crime – and they have been vindicated after a German court ruled that the makers of Milka cheated consumers by cutting the bar’s size, while keeping the wrapper the same.The three-week cas
Business
AI-driven cyberattacks will start to be the 'new norm' in months, Palo Alto warns
The rise of increasingly sophisticated AI models is putting pressure on cybersecurity teams to step up their defenses for newer and faster cyberattacks.
Business
This stock is our favorite way to hedge against the pickup in inflation
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
Technology
This is what some the world’s largest banks of malware look like stacked as hard drives
What would some of the world's largest repositories of malware look like if they were stacked as hard drives, one on top of the other?