UK Turmoil Hits Pound, Trump-Xi Play Nice, Powell’s Term Ends, $100k A Day Wealth Tax

UK Turmoil Hits Pound, Trump-Xi Play Nice, Powell’s Term Ends, $100k A Day Wealth Tax

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

On today's podcast:

(1) A potential challenge to UK Prime Minister Keir Starmer’s leadership from one of the nation’s most popular Labour Party politicians sent the pound tumbling by casting doubt on the future of his government and its efforts to rein in the national debt.

(2) US President Donald Trump signaled China is willing to support negotiations with Iran, as he pushes for a diplomatic resolution to end the war and reopen the Strait of Hormuz, after a commercial vessel was apparently seized near the United Arab Emirates.

(3) Governing Council member Yannis Stournaras warned that the European Central Bank could be forced to hike borrowing costs if the price of oil maintains its current level, according to Athens News Agency.

(4) Federal Reserve Governor Stephen Miran said he will resign from the central bank effective once incoming Chair Kevin Warsh is sworn into office, or shortly before.

(5) Nvidia shares rose on Thursday, extending a 20% rally over the past seven days as investors plow into the chipmakers profiting from a flood of investment spending on artificial intelligence.

See omnystudio.com/listener for privacy information.

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Episoder(1166)

US-Iran Attacks Intensify, Europe's Nuclear Push, Online Rage Fuels Riots 

US-Iran Attacks Intensify, Europe's Nuclear Push, Online Rage Fuels Riots 

Your morning briefing. All the news you need to start your day.On today's podcast:(1) The US military struck Iran for the second straight day, an escalation of violence that threatens efforts to reach...

9 Jul 19min

 Major New Strikes On Iran, Trump Still Wants Greenland, Swiss Stun Colombia

Major New Strikes On Iran, Trump Still Wants Greenland, Swiss Stun Colombia

Your morning briefing. All the news you need to start your day.On today's podcast:(1) US forces completed a round of offensive strikes against Iran, according to a post on X by Central Command. (2) Th...

8 Jul 21min

Oil Tanker Set Ablaze, Le Pen’s Judgement Day, Belgium Thrash USA 4-1

Oil Tanker Set Ablaze, Le Pen’s Judgement Day, Belgium Thrash USA 4-1

Your morning briefing. All the news you need to start your day.On today's podcast:(1) Iran fired at least two missiles at commercial ships transiting the Strait of Hormuz on Monday night, Axios report...

7 Jul 20min

Russia Pounds Kyiv, Trump’s World Cup Intervention, 10 Companies To Watch

Russia Pounds Kyiv, Trump’s World Cup Intervention, 10 Companies To Watch

Your morning briefing. All the news you need to start your day.On today's podcast:(1) Russia launched waves of missiles and drones targeting Kyiv overnight into Monday that killed at least seven peopl...

6 Jul 19min

Daybreak Weekend: AI's Job Impact, NATO Summit, China Eyes New Eco Data

Daybreak Weekend: AI's Job Impact, NATO Summit, China Eyes New Eco Data

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 – we look at the potential impact of AI on the labor market In the...

4 Jul 39min

Markets Ignore Chaos, Spotify Chart Rigging, Hormuz Sailors Still Trapped

Markets Ignore Chaos, Spotify Chart Rigging, Hormuz Sailors Still Trapped

Listen to the Here’s Why podcast on Apple, Spotify or anywhere you listen.Your morning briefing. All the news you need to start your day.On today's podcast:(1) Wall Street is kicking off the second ha...

3 Jul 21min

Leveraged AI Bets Frenzy, US Pitches Two Tier NATO, The Mine That Predicts Wars

Leveraged AI Bets Frenzy, US Pitches Two Tier NATO, The Mine That Predicts Wars

Your morning briefing. All the news you need to start your day.On today's podcast:(1) A global selloff in chip stocks is rippling through Asian markets, reviving concerns that the AI rally has gone to...

2 Jul 17min

Ireland Tech Security Fears, Trump’s $1.4B Crypto Earnings, Anti-Migrant Protests In South Africa

Ireland Tech Security Fears, Trump’s $1.4B Crypto Earnings, Anti-Migrant Protests In South Africa

Your morning briefing. All the news you need to start your day.On today's podcast:(1) Ireland takes over the EU Presidency today, at a moment when its policies on technology and defense are under scru...

1 Jul 20min

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