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.

See omnystudio.com/listener for privacy information.

Jaksot(1593)

Brown University Shooting; Australia Eyes Tougher Gun Laws After Hanukkah Attack

Brown University Shooting; Australia Eyes Tougher Gun Laws After Hanukkah Attack

On today's podcast: 1) Brown University, mourning two students killed during a shooting rampage Saturday, sent students home and called off final exams, classes and assignments for the fall semester...

15 Joulu 202515min

Daybreak Weekend: Jobs Preview, Paris Conference, BOJ Decision

Daybreak Weekend: Jobs Preview, Paris Conference, BOJ Decision

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 the November jobs report and quarterly earnings ...

12 Joulu 202539min

Global Stocks Hit All-Time Highs; Broadcom Slides as Investors Seek AI Payoff

Global Stocks Hit All-Time Highs; Broadcom Slides as Investors Seek AI Payoff

On today's podcast:1) Global stock gauges have record highs in their sights after a week in which affirmation that the Federal Reserve’s interest-rate easing cycle remains intact helped clear the way ...

12 Joulu 202515min

US Seizes Sanctioned Oil Tanker Off Venezuelan Coast; Traders Flock to Safety on Oracle Woes

US Seizes Sanctioned Oil Tanker Off Venezuelan Coast; Traders Flock to Safety on Oracle Woes

On today's podcast:1) US forces intercepted and seized a sanctioned oil tanker off the coast of Venezuela, marking a serious escalation of tensions between the two countries. A senior Trump administra...

11 Joulu 202515min

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...

10 Joulu 202515min

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

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