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Crypto Breaking News

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Bloomberg

$1 Billion+ Tax Giveaways: The Backlash Against Data Center Incentives

States have been competing to attract AI data centers, offering tax breaks to companies like Meta, Amazon, and Microsoft. Now Georgia is at the center of a growing debate over whether those incentives are still worth the cost. (Produced and Edited by Paul Detrick; Senior Producer Andrew Satter; Executive Producer Josh Block)

Read more: $1 Billion+ Tax Giveaways: The Backlash Against Data Center Incentives
Bloomberg

UK Needs 'Radical Change' Says Billionaire John Caudwell

Keir Starmer is close to having been in office for two years, but his term has not been going to plan. The UK Prime Minister has seen sluggish economic growth, a collapse in popularity, and bond yields hitting highs not seen in decades. Now, many inside his own party wonder if a different leader and direction might be needed. Voters go to the polls tomorrow in Makerfield to vote on if one likely contender Andy Burnham, will make it to parliament. John Caudwell is a the billionaire investor and founder of Phones4u. He was a lifelong Conservative supporter who switched to Labour in 2024. Joined Stephen Carroll and Lizzy Burden to shares his views on the outlook for the UK.

Read more: UK Needs 'Radical Change' Says Billionaire John Caudwell
Bloomberg

Market Poised for 'Hawkish' Fed Chair Warsh, Lyngen Says

Ian Lyngen, head of US rates strategy at BMO Capital Markets, discusses what to expect from the Federal Reserve's first policy decision under Chair Kevin Warsh. "The energy shock remains extremely topical for monetary policymakers and will probably ultimately drive the tone of what we hear from Warsh," he tells Bloomberg Television.

Read more: Market Poised for 'Hawkish' Fed Chair Warsh, Lyngen Says
Bloomberg

EIB's Calviño Says Brexit Divided Europe's Capital Markets

European Investment Bank President Nadia Calviño discusses the lender's investment in security defense, tech and energy projects in an interview with Bloomberg TV's Guy Johnson. She said the UK's exit from the European Union is partly responsible for the EU's failure to integrate its capital markets. "We shouldn't underestimate the importance of Brexit," Calviño said on Wednesday. "London was Europe's financial market, and after Brexit we have divided our forces."

Read more: EIB's Calviño Says Brexit Divided Europe's Capital Markets
Bloomberg

Iran to See Broad Financial Gains in US Peace Deal

The US and Iran plan to formally sign a memorandum of understanding on Friday in Switzerland. The interim deal would allow Iran to start oil exports immediately and gain access to a $300 billion economic development program following negotiations for a permanent peace agreement. Tyler Kendall reports on Bloomberg Television.

Read more: Iran to See Broad Financial Gains in US Peace Deal