Deadly Flash Floods Devastate Texas; Trump Tariff Deadline Looms

Deadly Flash Floods Devastate Texas; Trump Tariff Deadline Looms

On today's podcast:
1) More than 80 people die in flash floods across Texas as search and rescue efforts continue. A catastrophic flood in Kerrville, Texas, caused by torrential rains, has resulted in at least 82 deaths and many missing, including children, with the area remaining at risk of further inundation. Politicians are questioning whether federal, state, and local officials were adequately prepared, with some raising concerns about the accuracy of weather forecasts and potential staffing cuts at the National Weather Service.

2) President Trump shifts his economic focus from taxes to trade as his tariff deadline looms. The US is preparing to send tariff letters to dozens of countries in the coming days, with the Trump administration’s 90-day pause on higher duties set to expire on Wednesday. Trump said in a separate post that the letters would start being delivered from noon Monday, Washington time.

3) Tesla shares tumble after Elon Musk makes plans for a new political party. President Trump criticized Elon Musk's bid to start a new political party, calling it "ridiculous" and saying that third parties have never worked in the US. Musk announced the formation of a new "America Party" on Saturday, a day after Trump signed a tax-cut and spending bill into law that Musk had denounced.

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Jaksot(1598)

US Ratchets Up Iran Pressure; OpenAI Funding to Top $100 Billion

US Ratchets Up Iran Pressure; OpenAI Funding to Top $100 Billion

On today's podcast:1) While both the US and Iran have sounded cautiously upbeat about the latest round of diplomatic talks between the nations, analysts believe that strikes on Iranian targets remain ...

19 Helmi 14min

US & Iran Hail Progress; Ukraine and Russia Resume Talks

US & Iran Hail Progress; Ukraine and Russia Resume Talks

Today's top stories, with context, in just 15 minutes.On today's podcast:1) The US and Iran made progress in nuclear talks in Geneva on Tuesday, with Tehran’s negotiators scheduled to return with a ne...

18 Helmi 16min

Jesse Jackson Dies; Iran & US Meet for Nuclear Talks

Jesse Jackson Dies; Iran & US Meet for Nuclear Talks

Today's top stories, with context, in just 15 minutes.On today's podcast:1) The Reverend Jesse Jackson, the civil rights leader who marched alongside Martin Luther King Jr. and later ran for president...

17 Helmi 17min

Daybreak Holiday: Walmart, Nvidia, OpenAI

Daybreak Holiday: Walmart, Nvidia, OpenAI

On this special President's Day Holiday edition of Bloomberg Daybreak, host Nathan Hager discusses: -We get another big earnings report ahead of Nvidia. On Thursday, we hear from Walmart. For more, we...

16 Helmi 38min

Introducing: The Sixth Bureau

Introducing: The Sixth Bureau

It’s an open secret that the Chinese government has engaged in a global campaign to acquire intellectual property from foreign rivals. At the center of that campaign is the Ministry of State Security,...

15 Helmi 1min

Special Coverage: A Conversation with Secretary of State Marco Rubio

Special Coverage: A Conversation with Secretary of State Marco Rubio

Secretary of State Marco Rubio said Europe’s fate is intertwined with the US while faulting the continent for what he said was a drift away from their shared Western values. The double-edged message o...

14 Helmi 13min

Daybreak Weekend: Homebuilders Preview, UK Jobs, Lunar New Year

Daybreak Weekend: Homebuilders Preview, UK Jobs, Lunar New Year

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 what to expect from homebuilders in the months a...

13 Helmi 38min

US to Narrow Metals Tariffs; DHS Shutdown Looms as Senate Fails to Cut Deal

US to Narrow Metals Tariffs; DHS Shutdown Looms as Senate Fails to Cut Deal

Today's top stories, with context, in just 15 minutes.On today's podcast:1) The Trump administration is working to narrow its broad tariffs on steel and aluminum products that companies find difficult...

13 Helmi 15min

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