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The FIFA World Cup Trophy is displayed at MetLife Stadium ahead of the FIFA World Cup Final on July 15, 2026, in East Rutherford, New Jersey.Jordan Bank – Fifa | Fifa | Getty ImagesGlobal soccer may be finding the limits to private equity’s stampede into sports. A plan by FIFA to sell a minority stake in a new subsidiary — FIFA Forward Enterprise, or FFE — that would control the business side of the World Cup has faced swift backlash. UEFA, the governing organization of European soccer, and Concacaf, the organization controlling North American, Central American and Caribbean soccer, have…
While donor-driven programs undoubtedly saved millions of lives, they also created unintended distortions in national health priorities. Many governments in sub-Saharan Africa and parts of Asia actually scaled back domestic health investments, as donor program filled key gaps in HIV/AIDS, maternal and child health, and infectious disease control. In some cases, domestic health budgets shrank in real terms, even as external funding increased. This phenomenon, often referred to as “fiscal substitution,” led to national health systems that were heavily donor-dependent, externally managed, and vulnerable to funding shocks. Notably, this reliance emerged despite countries pledged to allocate at least 15% of…
Fed dissenters warn against delaying higher interest rates washingtonpost.com
There are financial challenges that come with being in a couple, but one of the greatest may be simply talking about money.
Please enable JavaScript if it is disabled in your browser or access the information through the links provided below. July 31, 2026 Federal Reserve Board requests comment on a proposal to modernize rules for mutual banking organizations For release at 10:00 a.m. EDT The Federal Reserve Board on Friday requested comment on a proposal to modernize rules for mutual banking organizations. These institutions are owned by depositors rather than shareholders, and more than 90 percent have less than $3 billion in total assets. The Board assumed regulatory and supervisory authority over mutual…
Say goodbye to July with my end-of-week morning reads: • Trying to make sense of Warsh: Not everyone in financial markets watched Fed chair Kevin Warsh’s presser yesterday. But today everyone will be dealing with its consequences. As MainFT reports, US borrowing costs surged to a 19-year high in the one-day biggest jump since Trump’s “liberation day” tariff announcement. Equity markets shedding a mere trillion-odd dollars look a bit meh by comparison. (Financial Times) • Stocks Finally Have Some Competition: TrendLabs on the return of real yields — for the first time in a generation, bonds and cash offer genuine alternatives to…
After the strongest earnings of the entire cycle, semiconductor stocks sold off anyway. Here is what the tape is telling you. Listen to the audio version of this article (generated by AI). Garry Kasparov, the greatest chess player to ever live, found his match not in a flesh-and-blood opponent, but in a machine. Kasparov built his career on reading intentions accurately. But that’s a much-taller ask when the intentions you’re reading are completely sterile. Under the scrutiny of a mass audience and blinding, hot television lights in a Manhattan office tower, the machine slid its rook into a corner square.…
The company is avoiding part of the capex race while searching for specialized technology to acquire Listen to the audio version of this article (generated by AI). In 2009, Israeli venture capitalist Eden Shochat watched a video that he was convinced had to be fake. On-screen, a person moved in front of a camera while a digital skeleton mirrored every step and gesture in real time. The company behind the demonstration was called PrimeSense. Shochat’s first thought was that the demonstration had been carefully staged. The technology looked too advanced to work as advertised. But it did work. PrimeSense’s motion-sensing…
Driven by strong growth in the Azure cloud and Copilot businesses, Microsoft (MSFT) delivered another standout quarterly earnings report, topping Wall Street expectations and reinforcing the company’s role as a leader in the AI infrastructure buildout. Key Takeaways Microsoft delivered strong earnings exceeding analyst expectations with an EPS of $4.74 and $90 billion in revenue. This was driven by growth in its Azure cloud and Copilot businesses while maintaining disciplined capex spending. As hyperscaler peers like Meta and Alphabet faced pressure from compressed free cash flows and increased capital spending, Microsoft maintained its forward capex guidance, alleviating pressures about the…
(RTTNews) – Indian shares were subdued in early trade on Friday as IT stocks faced selling pressure after recent gains following a rebound in global AI and semiconductor stocks. A cautious undertone prevailed amid escalating Middle East tensions and uncertainty over the Federal Reserve’s rate path. The benchmark 30-share Sensex was down 73 points at 77,855 while the broader NSE Nifty index dipped marginally to 24,314. IT stocks fell after recent strong gains as investor fears over heavy AI spending eased. HCL Technologies, Wipro, TCS and Infosys tumbled 2-4 percent. Maruti Suzuki India and Bajaj Finserv were moving higher ahead…