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Senate Confirms Warsh to Lead Fed as Trump Tests Its Autonomy
Business
Bloomberg
Bloomberg5 days ago1 min read

Senate Confirms Warsh to Lead Fed as Trump Tests Its Autonomy

The Senate narrowly confirmed Kevin Warsh 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. The 54-45 vote Wednesday was the slimmest confirmation margin ever for a head of the central bank, reflecting polarized politics in Congress and Democratic fears that Warsh will bend to President Donald Trump’s demands to rapidly lower interest rates.Bloomberg's Mike McKee joins Bloomberg Busin

Wes Streeting prepares to launch leadership challenge against Keir Starmer
Health
The Guardian
The Guardian5 days ago1 min read

Wes Streeting prepares to launch leadership challenge against Keir Starmer

Health secretary’s move to force race sparks scramble on left of Labour for candidate to oppose himUK politics live – latest updatesWes Streeting is preparing to launch a leadership challenge against Keir Starmer on Thursday if the health secretary can secure the support of enough MPs to trigger a

Benjamin Netanyahu made secret trip to UAE at height of the Iran war
Technology
The Guardian
The Guardian5 days ago1 min read

Benjamin Netanyahu made secret trip to UAE at height of the Iran war

The covert meeting with the UAE’s president is the latest milestone in a rapidly developing Middle East allianceBenjamin Netanyahu has revealed he made a secret trip to the United Arab Emirates at the height of the Iran war to meet president Sheikh Mohamed bin Zayed Al Nahyan.“This visit has led to a historic breakthrough in relations between Israel and the UAE,” the Israeli prime minister’s office said in a statement on Wednesday night.

US Senate confirms Kevin Warsh as Federal Reserve chair, replacing Jerome Powell
Sports
The Guardian
The Guardian5 days ago1 min read

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

Netflix’s ad ambitions just keep growing
Technology
The Verge
The Verge5 days ago1 min read

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 […]

Fed’s Warsh To Face the Highest Inflation in Three Years
Business
Bloomberg
Bloomberg5 days ago1 min read

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

Wes Streeting: PM-in-waiting or ‘this generation’s David Miliband’?
Sports
The Guardian
The Guardian5 days ago1 min read

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

Everything at The Criterion Collection is 30 percent off right now
Technology
The Verge
The Verge5 days ago1 min read

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 […]