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Middle Market Businesses 'Real Driver of Economy' Says Wendy Stewart

Wendy Stewart, president of Global Commercial Banking at Bank of America, said that middle market businesses are driving the economy right now, driving growth and hiring and firing amid an uncertain economic environment. Stewart also said that global supply chains still exist, but that businesses have to be flexible given the geopolitical landscape.

Read more: Middle Market Businesses 'Real Driver of Economy' Says Wendy Stewart
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Franklin Templeton Moves More Business Onto Blockchain

Jenny Johnson, CEO of Franklin Templeton, and Adam Back, co-founder and CEO of Blockstream, talk about the recent drop in Bitcoin prices, institutional demand for crypto and how Franklin Templeton is moving more business functions onto the blockchain. They spoke with Scarlet Fu and Tim Stenovec on "Bloomberg Crypto."

Read more: Franklin Templeton Moves More Business Onto Blockchain
Bloomberg

Walmart-Backed Fintech Uses Retailer's Reach to Challenge Banks

Bloomberg's Paige Smith joins Scarlet Fu and Tim Stenovec on "Bloomberg Crypto." Walmart is one of the last remaining merchants that's been able to hold out against the swell of Apple Pay in recent years. Now, it's pushing a fledgling alternative to its huge trove of customers and employees.

Read more: Walmart-Backed Fintech Uses Retailer's Reach to Challenge Banks
Bloomberg

Galaxy Digital Sets Up Prediction Market OTC Derivatives Des

Bloomberg's Bernard Goyder joins Scarlet Fu and Tim Stenovec on "Bloomberg Crypto." Crypto finance conglomerate Galaxy Digital Inc. has launched a trading desk to offer large investors better access to prediction markets via over-the-counter derivatives similar to those used in markets from interest rates to commodities.

Read more: Galaxy Digital Sets Up Prediction Market OTC Derivatives Des
Bloomberg

Investors Rethink Strategies Amid Mega IPOs

Anthropic has confidentially filed to go public, pulling ahead of rival OpenAI in the IPO race, this as SpaceX gets ready to IPO this month. Emily Zheng, a senior venture capital research analyst at PitchBook, says "we are in unchartered territory" in terms of how "gargantuan" these mega IPOs are. She joins Caroline Hyde and Ed Ludlow on "Bloomberg Tech."

Read more: Investors Rethink Strategies Amid Mega IPOs
Bloomberg

Redistricting in Focus As Six States Hold Primaries

Kyle Kondik, Managing Editor of Sabato's Crystal Ball at University of Virginia's Center for Politics joined Balance of Power as six states with 74 congressional districts hold primaries today. In California, this is the first election under the state's revamped congressional map enacted by Democrats last year in response to mid-decade gerrymandering in Texas and other Republican states. California Democrats could win up to 48 districts, a net gain of five that would lift their chances of winning a House majority.

Read more: Redistricting in Focus As Six States Hold Primaries

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