Jackson Hole Points to Hard Road Ahead for Powell; Wall Street Awaits Nvidia Earnings

Jackson Hole Points to Hard Road Ahead for Powell; Wall Street Awaits Nvidia Earnings

On today's podcast:
1) The Federal Reserve's Jackson Hole symposium was a tense affair, with Chair Jerome Powell signaling an interest-rate cut as soon as the next policy meeting in September, despite clear divisions among policymakers.
2) Traders are breathing easier heading into this week after Federal Reserve Chair Jerome Powell indicated that interest rate cuts are coming. The next test for the stock market will be a read on what’s been driving gains for the past few years: artificial intelligence euphoria.
3) SpaceX delayed a critical test flight of its massive Starship rocket roughly half an hour before liftoff on Sunday, saying it needed to troubleshoot an unspecified problem with its ground systems.

See omnystudio.com/listener for privacy information.

Jaksot(1603)

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Special Coverage: Hamas Agrees To Release Israeli Hostages

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Daybreak Weekend: Pfizer Deal, Nobel Peace, Golden Week

Daybreak Weekend: Pfizer Deal, Nobel Peace, Golden Week

Bloomberg Daybreak Weekend with Host Tom Busby take a look at some of the stories we'll be tracking in the coming week. In the US – a look ahead to the impact of lumber and timber tariffs on housing,...

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Shutdown Continues with Senate Vote Expected; US-China Trade "Breakthrough"

Shutdown Continues with Senate Vote Expected; US-China Trade "Breakthrough"

On today's podcast:1) The Senate is expected to hold another vote today on a stopgap spending bill to reopen the government into mid-November. It comes as President Trump threatens to slash jobs. The ...

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Trump Plans Shutdown Job Cuts, OpenAI Valuation Soars to $500 Billion

Trump Plans Shutdown Job Cuts, OpenAI Valuation Soars to $500 Billion

On today's podcast:1) White House Budget Director Russell Vought is planning to swiftly dismiss federal workers, a sign that Republicans will lean into hardball tactics to pressure Democrats to cave t...

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Government Shutdown Takes Effect, White House Pulls Antoni BLS Nomination

Government Shutdown Takes Effect, White House Pulls Antoni BLS Nomination

On today's podcast:1) Congress blew past a midnight funding deadline, triggering the US government’s first shutdown in nearly seven years — and the third under President Trump. The White House’s budge...

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Vance Says US Headed for Shutdown, US & Israel Agree to Gaza Peace Plan

Vance Says US Headed for Shutdown, US & Israel Agree to Gaza Peace Plan

On today's podcast:1) Vice President JD Vance said he believes the US government is on track to shut down, seeking to pin the blame on Democrats one day before federal funding is set to lapse. Preside...

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Trump to Meet Democrats as Shutdown Looms, Israel's Netanyahu in DC

Trump to Meet Democrats as Shutdown Looms, Israel's Netanyahu in DC

On today's podcast: 1) The top four congressional leaders will meet with President Donald Trump at the White House on Monday, a day before federal funding would expire if the two parties can’t agree o...

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Daybreak Weekend: US Jobs, Power Conference, China PMIs

Daybreak Weekend: US Jobs, Power Conference, China PMIs

Bloomberg Daybreak Weekend with Host Tom Busby take a look at some of the stories we'll be tracking in the coming week. In the US – a look ahead to the U.S jobs report and the Electric vehicle sector...

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