House To Vote on Shutdown Deal; Gold Plunge Deepens as Traders Unwind Bets

House To Vote on Shutdown Deal; Gold Plunge Deepens as Traders Unwind Bets

Today's top stories, with context, in just 15 minutes.
On today's podcast:
1) The US government stumbled into a partial shutdown Saturday while waiting for the House to approve a funding deal President Trump worked out with Democrats following a national uproar over Border Patrol agents’ killing of a US citizen in Minneapolis. The funding lapse is likely to be short, with the House returning from a week-long break on Monday and the Republican president fully supporting the spending package. Many Americans may not even notice since most federal employees working on weekends, such as military personnel and air traffic controllers, are deemed essential and aren’t furloughed in a shutdown.
2) The Justice Department’s latest release of material related to its investigations into Jeffrey Epstein offers fresh details about the rich and well-connected people who circulated in the orbit of the late disgraced financier. Officials said Friday they were releasing some 3 million pages of material, including more than 2,000 videos and 180,000 images.
3) Gold extended losses, after its biggest plunge in more than a decade on Friday, while silver’s year-to-date gains were wiped out as a record-breaking precious-metals rally unwound at breakneck speed. Spot gold fell as much as 10% on Monday and is now down almost a fifth from an all-time high reached in the last-but-one session. Silver slumped as much as 16%, following on from an intraday loss on Friday that was the steepest on record.

See omnystudio.com/listener for privacy information.

Jaksot(1632)

US, Iran Argue Over Terms; Airline Fares Surge in Europe & Asia

US, Iran Argue Over Terms; Airline Fares Surge in Europe & Asia

Today's top stories, with context, in just 15 minutes.On today's podcast:1) The White House has insisted that peace talks with Iran are ongoing, even as Tehran publicly rejected US overtures and issue...

26 Maalis 13min

Trump's 15-Point Peace Plan; Flight Prices Set to Rise

Trump's 15-Point Peace Plan; Flight Prices Set to Rise

Today's top stories, with context, in just 15 minutes.On today's podcast:1) Iran kept up missiles and drone attacks on Arab Gulf states and Israel overnight, after the US floated a proposal to end a w...

25 Maalis 15min

Saudi, UAE Could Reportedly Join Iran War; Senate Inches Toward DHS Deal

Saudi, UAE Could Reportedly Join Iran War; Senate Inches Toward DHS Deal

Today's top stories, with context, in just 15 minutes.On today's podcast:1) Fighting between Iran and the US-Israeli alliance continued unabated, even as President Trump claimed talks are under way to...

24 Maalis 16min

Instant Reaction: Stocks Surge After Trump Statement

Instant Reaction: Stocks Surge After Trump Statement

Stocks and bonds rebounded after President Donald Trump said the US and Iran had “very good” conversations about an end to the conflict in the Middle East. President rump said strikes against Iranian...

23 Maalis 7min

Trump's Iran Deadline Nears; Sharp Selloff in Markets

Trump's Iran Deadline Nears; Sharp Selloff in Markets

Today's top stories, with context, in just 15 minutes. On today's podcast: 1) Iran carried out fresh strikes across the Persian Gulf hours before President Trump’s deadline to reopen the Strait of Hor...

23 Maalis 21min

Bloomberg Daybreak: Mortgage Rates, Denmark Election, BYD Earnings

Bloomberg Daybreak: Mortgage Rates, Denmark Election, BYD Earnings

Bloomberg Daybreak Weekend with Host Alexis Christoforous take a look at some of the stories we'll be tracking in the coming week. In the US – a look at to what we can expect for mortgage rates in 2...

20 Maalis 38min

Iran Keeps Striking Gulf; Oil Set for Weekly Surge

Iran Keeps Striking Gulf; Oil Set for Weekly Surge

Today's top stories, with context, in just 15 minutes.On today's podcast:1) Iran pressed ahead with attacks on Arab states in the Persian Gulf even after Israel signaled it would refrain from hitting ...

20 Maalis 16min

Trump Calls for Iran De-escalation; Oil and LNG Jump

Trump Calls for Iran De-escalation; Oil and LNG Jump

Today's top stories, with context, in just 15 minutes.On today's podcast:1) President Trump sought to stop attacks on energy facilities in the Middle East after Israel and Iran struck key targets, fue...

19 Maalis 15min

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