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Bloomberg's Tom Keene, Jon Ferro and Lisa Abramowicz break down the Federal Reserve's latest policy decision on a special edition of Bloomberg Surveillance. Federal Reserve officials left interest rates unchanged, but a fractured vote signaled growing conviction among some policymakers that higher rates are needed to curb resurgent inflation. The Federal Open Market Committee voted 9-3 to hold the benchmark federal funds rate in a range of 3.5% to 3.75%. Dallas Fed President Lorie Logan, Cleveland’s Beth Hammack and Minneapolis Fed chief Neel Kashkari dissented in favor of raising rates by a quarter percentage point. The committee’s post-meeting statement was otherwise identical to the one issued following their June meeting. Officials repeated their pledge to “deliver price stability.”See omnystudio.com/listener for privacy information.

Energy Secretary Chris Wright said that a new $100 billion data center campus built by NextEra energy and Brookfield will be powered by a nuclear and gas supply built on federal lands and will provide its own water. Wright also discussed the state of energy prices as the Iran war heats back up, and said it's not possible to forecast where gas prices will be by Labor Day.Wright spoke with Bloomberg Balance of Power hosts Joe Mathieu and Kailey Leinz.See omnystudio.com/listener for privacy information.

The CEO of L’Oréal, the world’s largest cosmetics company, says the performance in the Middle East was below expectations but somewhat compensated by a rebound of growth in China. Nicolas Hieronimus spoke exclusively with Bloomberg’s Francine Lacqua from Paris.See omnystudio.com/listener for privacy information.

SoFi Technologies announced record second-quarter revenue of $1.2 billion, driven by 40% revenue growth and strong profitability metrics including a 30% EBITDA margin and robust net income margin. The company also raised its full-year revenue guidance, reflecting confidence in continued member growth, product adoption, and cross-selling success. However, SoFi maintained its earnings guidance unchanged, citing the need to continue investing in growth and uncertainty from anticipated interest rate increases. SoFi CEO Anthony Noto emphasized the company’s long-term profitability outlook while explaining the cautious approach to near-term earnings. He spoke with Bloomberg Tech host Ed Ludlow.See omnystudio.com/listener for privacy information.

Morgan Stanley Chief US Equity Strategist Mike Wilson says investors are rotating out of some of the year's biggest winning technology trades. He says hyperscalers will stabilize and semiconductors stocks will correct. He speaks with Bloomberg's Nathan Hager. See omnystudio.com/listener for privacy information.

Former US Vice President Mike Pence reflects on the life and foreign-policy legacy of Senator Lindsey Graham, calling him a "tenacious advocate for American freedom at home and abroad." Pence says the greatest tribute to Graham would be for the Senate to advance tough new sanctions on Russia and "marshal the West again" in support of Ukraine. He speaks with Joe Mathieu and Kailey Leinz on the late edition of Bloomberg's "Balance of Power.See omnystudio.com/listener for privacy information.

Barnes & Noble CEO James Daunt says 'The Odyssey' by Homer is a best selling book, while speaking with Bloomberg's Romaine Bostick and Emily Graffeo. He also discusses the bookseller's strategy, book sales and whether the company might go public. See omnystudio.com/listener for privacy information.

UPS shares tumbled after its outlook for volume and profit margins underwhelmed investors looking for stronger signs of improvement as the courier unwinds its relationship with Amazon.com Inc. UPS CEO Carol Tomé says the Amazon glide down “is behind us.” In place of the low-margin e-commerce packages that Tomé has said were “dilutive” to profits, UPS is focusing now on fewer parcels that yield higher margins. She speaks to host Romaine Bostick. See omnystudio.com/listener for privacy information.

Liverpool Football Club is trying to expand its fan base in the US and is here again for a summer tour. CEO Billy Hogan says the World Cup has been great for football. He speaks to Dani Burger about trying to attract new star players and growing the sport in the US.See omnystudio.com/listener for privacy information.

Meredith Whitney Advisory Group CEO and Founder Meredith Whitney says she thinks that Federal Reserve policymakers will hold rates steady and that the tasks forces launched by Fed Chairman Kevin Warsh "buy time."See omnystudio.com/listener for privacy information.