Good morning. It’s easy to find the CEO, complaining about the situation in Washington, D.C., but I recently spoke to a recently optimistic person. He works in health care, a place where optimism is recently provided. Javier Rodriguez runs Davita, a global leader in dialysis and kidney disease, with annual revenue of $12.8 billion and 76,000 employees.
“Government is new, but they are very active in trying to change the trajectory of health care,” he said. “It’s curious about how exciting the way to revisit the structure of the system.” Rodriguez pointed to the debate on how to code the insurance payments to reward interventions that make people healthier. “The invitation I received from the Medicare head was, ‘Let’s reimagine the whole thing. What would we do differently?'”
He answered this question with some of his own questions: How will we balance the dynamics between freedom of choice and accountability? (If you want to smoke, should you pay for it?) Should health care be for profit or a God-given right? Where do we invest and where can we cut costs? He has come up with answers such as motivating preventive care and using technology to free caregivers and patients spend more time.
“The biggest frustration for me is that people don’t have enough sympathy for kidney failure,” he said. “It’s “the frustrating and flexing teams that wake up every day and do 28 million treatments a year, safely…it’s hard to get people interested in health care,” he told me until they need it.”
More news below.
Contact CEO every day through Diane Brady diane.brady@fortune.com
Top news
The world is waiting for Trump to decide to bomb Iran
The president has privately approved a plan to bomb the underground Iranian nuclear facility in Fudo, but has not yet explained the news. According to WSJ. Only the United States has a bomb that destroys the bomb and has the ability to arrive at the scene Axios says. The GBU-57 E/B’s huge ammunition penetrator weighs 30,000 pounds and can penetrate 197 feet underground. Foot has fascinating in-depth research How Israel manages to ban Iranian military and control its airspace. Iran bombs Israeli hospitals Today in the southern part of the country. BBC’s conflict real-time coverage here.
Trump: “Powell is the worst”
The president once again insulted Fed Chairman Jerome Powell in a social media post posted at 5 a.m. ET. “It’s too late – Poval is the worst. A real dummy who lost billions of dollars in the United States!” The post says.
Fed keeps rates stable
As expected, the Federal Reserve Keep interest rates the same At the meeting on Wednesday, but the highest possibility of lowering the two rates in 2025 is expected. However, the Fed’s new economic forecast has raised analysts’ concerns about the risk of scattering.
Swiss interest rate is now zero
Not everyone has inflation. Swiss National Bank Reduce its interest rate by 0.25% Set the new rate to zero. The central bank is trying to weaken the Swiss franc, which soared compared to the euro, while the economy shows signs of disinfection.
Worst CEO sentiment in five years
investigation By the business roundtable It is found that business leaders have not been that negative to the economy since 2020.
What kind of super wedding is this for billionaire
WSJ is not saying that this is what Jeff Bezos did in Venice. but This is what is provided Clients from wedding planners are super affluent. This could require a team of 500 people: “We have 80,000 rose stems here. Can you imagine how many people are needed to adjust these flowers?” said a planner, who plans to cater to a couple in Monaco.
JPMorgan unveils deposit tokens
JPMorgan Chase plan Provides a cryptocurrency that works with Coinbase, called a deposit token, that works for institutional clients and will serve as a digital representation of bank deposits. Naveen Mallala, global co-head of JPMorgan Chase’s blockchain division, told wealth Tokens (named “JPMD”) can be used to resolve transfers on 24/7 and make international B2B payments.
Is it possible to make a US-made Trump smartphone?
The technology industry is skeptical The group claims that the Trump Organization’s recent announcement of smartphones will actually be “proudly designed and built in the United States.” The CEO of the only company that makes smartphones in the United States said:Unless the Trumps secretly set up safe, onshore or offshore factories without notice for several years, it is simply impossible to provide something they hope for. ”
The State Council requires student visa applicants to disclose their social media accounts
“Consular officials will seek signs of hostility towards the United States. Applicants fail to leave their social media accounts for public view and the State Department will be seen as an effort to evade or hide certain activities,” he said. WSJ Report.
market
- Kospi in Korea This morning it was up 0.19%. Nifty 50 in India It’s flat. this FTSE 100 in the UK It fell 0.3% in early trading. this Stoxx Europe 600 Early trading fell by 0.5%. China’s SSE Comprehensive 0.82%. Nikkei 225 in Japan It fell 1%. Hong Kong Hang It fell 2%. S&P 500 Index Closed yesterday. The U.S. market has been closed today during June holiday.
From the analyst
- UBS vs. Iran in Trump vs. Paul Donovan Paul Donovan said: “Trump’s social media posts show that there is an increase in hostility towards Iran, which increases the likelihood of a U.S. strike (presumably) Iranian nuclear facilities. The market still tends to see it as a local conflict, with limited global economic consequences.”
- “The Macroeconomics of Consumer Expenditure in the Pantheon”: “Retail sales fell 0.9% in May, the biggest drop since the beginning of 2023, and highlights how several factors supporting consumer spending have quickly disappeared recently. We believe that as tariff costs pass to consumers, further weaknesses may be expected in the coming months as tariff costs are transferred to consumers, reducing weakness to goods while economically increasing signs. Soon,” Samuel Tomb and Oliver Allen.
- Oxford Economics in the Labor Market: “Although initial unemployment requirements fell slightly for the week ending June 14, both initial and ongoing unemployment claims are trending higher, consistent with a gradual softening of labor market conditions. Even so, as the risk of inflation is imminent, we don’t think the economy is enough to weaken enough to force the Fed to cut speed in the coming months.”
- Pantheon Macroeconomics in the Labor Market: “Indicators such as WARN layoff notices and Challenger job cut series show that layoffs are starting to rise from low bases, and weaker recruitment means that new layoffs will find it increasingly difficult to get new jobs quickly. This pressure on the labor market will grow as jobs hit the economy’s tariff shock, and the pressure on the labor market will increase,” Oliver Allen Per oliver Allen.
Around the water cooler
Fed seizes $225 million in cryptocurrency from Crooks By Ben Weiss
Investors warn that unstable tariff environment reminds him of World War I, a trade war that will put the United States in recession Sasha Rogelberg
CEO Daily is edited and edited by Joey Abrams and Jim Edwards.
