Chair Powell's Tariff Concerns; Harvard Pushes Back on Trump

Chair Powell's Tariff Concerns; Harvard Pushes Back on Trump

On today's podcast:
1) President Trump's optimism on trade is lifting stocks following yesterday's selloff on Wall Street. Positive signals from initial US-Japan trade talks stirred optimism agreements can be reached to avoid higher levies on American trading partners.
2) Fed Chair Jay Powell says tariffs make a challenging scenario for the Federal Reserve. Powell on Wednesday signaled a wait-and-see approach to tariffs, pushing back on hopes the central bank would act quickly to soothe investor fears. His comments, along with concerns over the impact of tariffs on the tech sector, helped end a two-day consolidation in stocks.
3) Harvard continues to push back against pressure from the White House. Harvard University's refusal to comply with a Trump administration deal to require it to reform its governance and end diversity programs is resulting in retribution. The administration's freezing funding of 2.2 billion dollars of multiyear grants, accusing Harvard of mishandling antisemitism on campus. President Trump says the school should lose its tax-exempt status and several outlets reported that the IRS is considering the issue

See omnystudio.com/listener for privacy information.

Jaksot(1597)

Traders Eye 2026 Fed Outlook; Trump Insists Smart People Back Tariffs

Traders Eye 2026 Fed Outlook; Trump Insists Smart People Back Tariffs

On today's podcast:1) Stocks are marking a second straight day of restrained moves as traders await the Fed’s outlook for interest rates in 2026 after an expected cut at Wednesday’s policy announcemen...

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Paramount Skydance's Hostile Warner Bros. Bid, Nvidia Wins Trump's Approval to Sell Chips in China

Paramount Skydance's Hostile Warner Bros. Bid, Nvidia Wins Trump's Approval to Sell Chips in China

On today's podcast:1) The US president’s son-in-law. One of the largest alternative-asset managers. The CEO’s father who fleetingly commanded a fortune exceeding Elon Musk’s. Paramount Skydance Corp.’...

9 Joulu 202516min

Trump Warns Netflix-Warner Deal May Pose Antitrust ‘Problem’, Farm Aid Program Details

Trump Warns Netflix-Warner Deal May Pose Antitrust ‘Problem’, Farm Aid Program Details

On today's podcast:1) President Donald Trump raised potential antitrust concerns around Netflix Inc.’s planned $72 billion acquisition of Warner Bros. Discovery Inc., noting that the market share of t...

8 Joulu 202515min

Daybreak Weekend: Fed Decision, Cybersecurity Conference, China Eco

Daybreak Weekend: Fed Decision, Cybersecurity Conference, China Eco

Bloomberg Daybreak Weekend with Host Nathan Hager take a look at some of the stories we'll be tracking in the coming week. In the US – a look ahead to next week’s Fed decision and earnings from Oracl...

5 Joulu 202539min

Warner Bros. Begins Exclusive Talks With Netflix; US Lobbies to Block EU Loan Plan for Ukraine

Warner Bros. Begins Exclusive Talks With Netflix; US Lobbies to Block EU Loan Plan for Ukraine

On today's podcast:1) Warner Bros. Discovery Inc. has entered exclusive negotiations to sell its film and TV studios and HBO Max streaming service to Netflix Inc., according to people familiar with th...

5 Joulu 202515min

Market Doubts Hassett Can Deliver in Fed; Bessent Under Discussion to Also Lead NEC

Market Doubts Hassett Can Deliver in Fed; Bessent Under Discussion to Also Lead NEC

On today's podcast:1) Kevin Hassett may not have the ability to deliver the rapid pace of interest rate cuts President Trump would like, even if he is approved as the next Federal Reserve Chair, said ...

4 Joulu 202520min

Kremlin Calls Russia-US Talks Constructive; Trump Sees Fed Chair Pick 'Early Next Year'

Kremlin Calls Russia-US Talks Constructive; Trump Sees Fed Chair Pick 'Early Next Year'

On today's podcast:1) The Kremlin said Vladimir Putin held “very useful” talks with US envoys Steve Witkoff and Jared Kushner though the sides failed to reach agreement on a plan to end Russia’s war i...

3 Joulu 202515min

US Envoy Witkoff Heads to Moscow; White House Defends 'Second Strike'

US Envoy Witkoff Heads to Moscow; White House Defends 'Second Strike'

On today's podcast:1) US envoy Steve Witkoff is traveling to Moscow to meet with President Vladimir Putin, who claimed a key Ukrainian city had fallen to Russia on the eve of talks about a potential p...

2 Joulu 202514min

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