STORY-TRÅD·ekonomi

RNC Day 1 Kicks off in Dallas

"Balance of Power" focuses on the intersection of politics and global business. On today's show, Sec. Chris Wright, US Secretary of Energy, says he expects gasoline prices to fall in the coming weeks and says Ukrainian attacks on Russian refineries are the “single biggest problem” for diesel. Dr. Mehmet Oz, administrator of the Centers for Medicare & Medicaid Services, says more than $20 billion identified by the Treasury Department in suspected health care fraud and money laundering could double the life of the Medicare trust fund. Elaine Agather, Global Vice Chair of JPMorgan Private Bank and Chairman of the Dallas Region for JPMorgan Chase & Co, says more Texas Stock Exchange announcements are expected next week. Ron Kirk, former US Trade Representative and former Dallas mayor, says tariffs amount to taxes on American businesses and families and warns small businesses and manufacturers will bear the cost of the trade fight. (Source: Bloomberg)