Bank of America has made the shocking discovery that rich people and poor people have different economic experiences, apparently requiring a team of highly paid analysts to confirm what your Uber driver could have told them for free. They're calling it 'two economies' as if this weren't the most predictable outcome of the last decade of monetary policy.
Yahoo Finance
Oil prices spiked after Trump declared the Iran cease-fire 'a waste of time,' because nothing says stable energy markets like foreign policy conducted via social media hot takes. Brent crude jumped as traders collectively remembered that diplomatic nuance and oil volatility have an inverse relationship.
MarketWatch
Netflix, Disney, and YouTube are circling the FIFA World Cup rights like vultures over a $2 billion carcass, with FIFA helpfully bundling English and Spanish broadcasts to maximize the financial pain. Nothing says 'beautiful game' quite like a bidding war between streaming giants desperately trying to justify their subscriber fees.
CNBC Tech