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The Power Brief

Christopher Furlong | Getty Images

A daily morning look at the financial stories you need to know to start the day


-Stock futures are up 200 points in response to two recent polls showing the "remain" camp back in a slim lead over the "leave" camp in the Brexit referendum. The vote is this Thursday.

-The yield on the 10-year note is up to 1.66%.


-Crude is up more than 1% to the $48/barrel level.

-Gasoline prices fell again overnight to $2.33/gallon, national average.

-Californians are being urged to conserve energy amidst a severe heatwave. Temps in Beverly Hills hit 112 degrees.

-Electric cars are expected to reduce demand for gasoline in the US by 5% to 20% over the next two decades.


-Hillary Clinton will attack Donald Trump's business record in a speech tomorrow.

-Apple will not provide technology or any cash support for the Republican National Convention.


-Socialist nightmare Venezuela is seeing widespread hunger and looting.


-The Pentagon wants to go forward with a controversial and groundbreaking plan to hire civilian experts with no military experience and put them into high ranking officer positions like Army Colonel or Navy Captain. This could be the biggest cultural shift in favor of Silicon Valley yet.

-None of the four gun control bills Senate Democrats filibustered to bring to a vote are expected to pass this week.

-The Secretary of the Navy warns that if Boeing does not get government approval for its pending foreign jet fighter sales, it will result in higher prices for the jets it sells to the US military.

-Just how many passenger jets is Boeing selling to Iran in that deal announced earlier this month? Now we know it's about 100.


-Anti-trust regulators are expressing strong skepticism over Anthem's proposed $48 billion acquisition of Cigna.


-Former Twitter CEO Dick Costolo had his Twitter account hacked today.