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Rising diesel prices have hit farmers hard. Aaron Lehman, president of the Iowa Farmers Union chimes in on "Balance of Power"

The number of farm bankruptcies is rising in Iowa. President of the Iowa Farmers Union Aaron Lehman joins "Balance of Power" to discuss bloom.bg/4i9eJFT

Mark Carney wants all of his Canadian diplomats to stay away from anyone running for office in the upcoming US midterm elections. They can only have meetings with special permission. Carney wants to avoid allegations of political interference. Josh Wingrove reports bloom.bg/4eoymss

Moderna and Merck shares plummeted after data on the companies' personalized melanoma vaccine wasn't enough to prove to investors that a new era of cancer treatments has arrived. Michelle Fay Cortez has more bloom.bg/4yIkfWl

Max Levchin, founder and CEO of Affirm Holdings, says the company is seeing no slowdown in demand from consumers or retailers, despite concerns about squeezed household budgets and a challenging consumer-spending outlook bloom.bg/3VUlQe5

"Need a landing zone for capex estimates." That's PIMCO's Lotfi Karoui discussing hyperscalers and their plans for spending. Meta has agreed to spend $825B in the future on various AI-related projects bloom.bg/48fCszz

-Netflix -Kohl's -Chipotle Here are today's top calls bloom.bg/4siEJ6t

Romanian President Nicușor Dan warned that Russia has been trying to expand the war in Ukraine by "trying to provoke other European countries" bloom.bg/4yCbhK6

OpenAI Co-Founder Greg Brockman and Cloudflare CEO Matthew Prince say frontier AI models are changing the cybersecurity landscape after helping identify two serious vulnerabilities in PHP, highlighting both AI's potential to uncover security threats and the urgency of addressing them. Watch the full interview: bit.ly/4jAoQ9h

Treasuries boosted by safe haven demand bloom.bg/3UBXk0S

Iran-backed Houthi rebels in Yemen step up their attacks on Saudi Arabia. Saudi Aramco had to evacuate its headquarters and the kingdom is on alert for more strikes. The US State Department has ordered non-emergency personnel to leave the country. Tyler Kendall reports bloom.bg/4BmnCVg

Blackstone President and COO Jon Gray says investors don’t need to fear that the AI boom will turn into a bubble, calling it “a very different dynamic” from phenomena such as the 1990s telecom bubble bloom.bg/4sl8xzh

Meta quietly created a new class of non-voting shares that could give Mark Zuckerberg billions in liquidity without weakening his control of the company. Ed Ludlow explains the regulatory filings bloom.bg/3VND3G5

American Airlines cut its full-year outlook for the third time in the past six months amid persistently high fuel prices. The carrier has warned it may need to further reduce flying if prices remain elevated. Siddharth Philip reports bloom.bg/4yypoAg

Southwest Airlines cut its full-year guidance with soaring jet fuel costs squeezing profits across the US airline industry. Southwest Airlines CFO Tom Doxey discusses the results bloom.bg/4jBUHX1

Barclays is cutting 5,000 jobs as the bank adopts AI to cut costs and drive efficiency. Charlie Wells explains bloom.bg/4shQLwV

Live Nation has become deeply embedded in the US music industry, even opening its own venues in markets where small clubs say they are struggling. Would breaking it up make a difference for the independent music scene? bloom.bg/4skVU7l

Torsten Slok, chief economist at Apollo, discusses risks related to delays in data center construction, calling the AI buildout “a very, very critical driver of growth at the moment” for the US economy bloom.bg/3UFY8BS

Applications for US unemployment benefits fell by 6,000 to 194,000 last week, a three-month low. Continuing claims rose to a six-week high of 1.73 million in the previous week. Michael McKee reports bloom.bg/4yFvLBZ

Will Pete Hegseth be impeached after the midterms? California Rep. Sydney Kamlager-Dove chimes in on "Balance of Power" bloom.bg/4BlAT0t