$1.25 Trillion Musk Merger, UK Fears ‘Made in Europe’, Reform’s First Big Test

$1.25 Trillion Musk Merger, UK Fears ‘Made in Europe’, Reform’s First Big Test

Your morning briefing. All the news you need to start your day

On today's podcast:

(1) Elon Musk is combining SpaceX and xAI in a deal that values the enlarged entity at $1.25 trillion, as the world’s richest man looks to fuel his increasingly costly ambitions in artificial intelligence and space exploration.

(2) Documents released by the US Department of Justice appear to show that Britain’s Peter Mandelson leaked sensitive government information to disgraced financier Jeffrey Epstein while serving as a minister.

(3) France’s parliament adopted a budget for 2026 after Prime Minister Sebastien Lecornu survived two no-confidence votes Monday, bringing the curtain down on months of political upheaval that’s rattled investor confidence in the country.

(4) The UK government is increasingly concerned that more protectionist policies pursued by the European Union could exclude British companies from supply chains in key sectors, derailing a reset in post-Brexit relations and potentially costing firms billions of pounds.

(5) President Donald Trump said he would roll back punitive tariffs on India in return for an agreement that Prime Minister Narendra Modi would stop buying Russian oil, easing months of tension between the two countries.

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Episoder(1039)

Instant Reaction: Inflation Data

Instant Reaction: Inflation Data

Bloomberg's Nathan Hager breaks down the latest PCE data with Bloomberg Economics and Policy Editor Michael McKee. Plus, reaction to the data from Tom Porcelli, Chief US Economist at PGIM Fixed Income...

29 Mar 202429min

Waller's Fed Warning, 'Out-of-the-Blue' Stock Risks & UK Spending ‘Nasties’

Waller's Fed Warning, 'Out-of-the-Blue' Stock Risks & UK Spending ‘Nasties’

Your morning briefing, the business news you need in just 15 minutes. On today's podcast:(1)  Federal Reserve Governor Christopher Waller said there is no rush to lower interest rates, emphasizing tha...

28 Mar 202416min

Baltimore Bridge Collapse Disaster & Yen Hits 34 Year Low

Baltimore Bridge Collapse Disaster & Yen Hits 34 Year Low

Your morning briefing, the business news you need in just 15 minutes. On today's podcast:(1) The 1.6 mile-long Baltimore bridge collapsed in a matter of seconds. The catastrophic consequences are set ...

27 Mar 202415min

Musk's Starlink Black Market Problem & Traders Bet BOE Cuts First

Musk's Starlink Black Market Problem & Traders Bet BOE Cuts First

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) A Bloomberg News investigation identified wide-spanning examples of Starlink kits being traded and activat...

26 Mar 202416min

Concert Attack Suspects Charged & Bonds Are Back...Maybe

Concert Attack Suspects Charged & Bonds Are Back...Maybe

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Russian authorities showed footage of four men charged in court with carrying out the deadly Moscow concer...

25 Mar 202416min

Daybreak Weekend: U.S Inflation Data, Europe Chocolate Prices, BYD Preview

Daybreak Weekend: U.S Inflation Data, Europe Chocolate Prices, BYD Preview

Bloomberg Daybreak Weekend with Tom Busby takes a look at some of the stories we'll be tracking in the coming week. In the US – a preview of U.S PCE and GDP data, and a look ahead to Carnival earning...

23 Mar 202438min

Apple’s $113 Billion Problem & The BOE’s Quick Pivot

Apple’s $113 Billion Problem & The BOE’s Quick Pivot

Your morning briefing, the business news you need in just 15 minutes. On today's podcast:(1) Regulators on both sides of the Atlantic are training their eyes on Apple Inc., unnerving investors with fe...

22 Mar 202415min

Decision Time For Central Banks & Fidelity Cuts 1000 Of Its Staff

Decision Time For Central Banks & Fidelity Cuts 1000 Of Its Staff

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1)  Federal Reserve officials maintained their outlook for three interest-rate cuts this year and moved toward ...

21 Mar 202416min

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