Sunak Engages in Baseball Diplomacy on Visit to Washington
UK Prime Minister Rishi Sunak wooed US business leaders and politicians as he engaged in baseball diplomacy the day before he’s to meet President Joe Biden at the White House.
Bloomberg Business
Texas AG Paxton’s Impeachment Trial Draws Top Lawyers
Some of the most prominent legal minds in Texas have been recruited to argue in the impeachment trial of Texas Attorney General Ken Paxton, which will determine whether the Republican leader, currently suspended from office, is permanently ousted.
Messi Move to Inter Miami Has MLS Tickets Soaring at Resale Site
Ticket prices to attend Inter Miami’s road matches are soaring since Lionel Messi announced plans to join the Major League Soccer team.
UK Financial Watchdog Tightens Rules for Cryptoasset Marketing
The UK’s financial regulator tightened rules around marketing of cryptoassets, including banning the so-called “refer a friend” bonuses that are popular in the industry.
Global Yields Climb as Traders Lean Toward Fed Hike by July
Amid a slide in global bonds, the Treasury market briefly restored the full pricing of Federal Reserve tightening by July, which they expect to be the last interest-rate hike in 2023.
NYC Sues 30 Counties for Blocking Deals to House Migrants
New York City sued 30 upstate and Long Island counties for issuing executive orders blocking local hotels and motels from contracting to house migrants sent from the city.
Saba’s Boaz Weinstein Sees Value in Closed-End Fund Arbitrage
Saba Capital Management’s Boaz Weinstein is known for his credit derivatives bets, but his current focus is about unlocking value from closed-end mutual funds.
Spotify Shifts Podcast Strategy to Make Exclusives Available on Other Platforms
Spotify Technology SA is in talks to make the popular podcasts Armchair Expert and Anything Goes available on other streaming platforms, reversing its strategy in order to attract more listeners and boost revenue for the shows.
Sunak Seeks Biden’s Backing on AI After UK Left Out of Key Talks
Prime Minister Rishi Sunak called for global cooperation to guard against risks posed by artificial intelligence, before talks with President Joe Biden he hopes will boost UK influence over regulating the technology.
Flood of US Renewable Projects Risks ‘Breaking’ Power Markets
The potential for a flood of US renewable projects driven by new tax incentives is at risk of “breaking” power markets by pushing electricity prices to negative levels, according to Wells Fargo.
