Powell's Hike-And-See Bet And Traders 'Manipulate' UK Energy Markets

Powell's Hike-And-See Bet And Traders 'Manipulate' UK Energy Markets

Your morning briefing. The news you need in just 15 minutes.

On today's podcast:
(1) The Federal Reserve opts for a 25 basis-point hike and bets on an end to the banking crisis.

(2) Citigroup CEO Jane Fraser says the ability to move millions of dollars with a few clicks is a sea change moment for the banking sector.

(3) The Bank of England gets set to hike rates as February's inflation data came in red hot.

(4) Exclusive Bloomberg reporting finds some of the UK's biggest energy companies have received hundreds of millions of pounds from a practice that regulators say drives prices higher.

See omnystudio.com/listener for privacy information.

Episoder(1039)

UPDATE: UK Inflation Cools & 'Weaponizing Climate Change'

UPDATE: UK Inflation Cools & 'Weaponizing Climate Change'

On today's podcast:(1) UK Inflation unexpectedly slows to the lowest level in 18 months. (2) Sadiq Khan tells us Rishi Sunak is 'weaponizing climate change' as the PM considers delaying a ban on combu...

20 Sep 202320min

EV Power Play, Game Changing Oil Find & CBI 'Cash Crunch'

EV Power Play, Game Changing Oil Find & CBI 'Cash Crunch'

On today's podcast:(1) The EU's Ursula von der Leyen tells Bloomberg China's massive EV subsidies need to be investigated. (2) Rishi Sunak considers pushing back the 2030 ban on new petrol and diesel ...

20 Sep 202316min

$100 Oil, A New Battery Giant & Santander Overhaul

$100 Oil, A New Battery Giant & Santander Overhaul

On today's podcast:(1) Chevron CEO Mike Wirth says crude on track to return to $100. (2) Santander is overhauling its corporate structure in a move that may involve job cuts. (3) An expected increase ...

19 Sep 202316min

Starmer's City Support, Monaco Bankers Trial & Auto Strike Deal 'No-Go'

Starmer's City Support, Monaco Bankers Trial & Auto Strike Deal 'No-Go'

On today's podcast(1) Two-thirds of financial professionals believe a Labour-led government would be the best result for UK stocks and the pound. (2) Tenants are paying 12% more than a year ago for ne...

18 Sep 202315min

Bloomberg Daybreak Weekend: Central Bank Decisions

Bloomberg Daybreak Weekend: Central Bank Decisions

Bloomberg Daybreak Weekend with Tom Busby takes a look at some of the stories we'll be tracking for you in the coming week including news from the Fed, Bank of Japan and the Bank of England. Plus, the...

16 Sep 202334min

Auto Workers Strike, Airport Redesign & iPhone Radiation

Auto Workers Strike, Airport Redesign & iPhone Radiation

On today's podcast:(1) A union representing 150,000 US auto workers goes on strike, hitting three of country's biggest carmakers. (2) Shares in the UK based chip designer Arm have climbed 25% after th...

15 Sep 202316min

Goldman Fires Execs,  A $1.5 Trillion Behemoth & May Talks China

Goldman Fires Execs, A $1.5 Trillion Behemoth & May Talks China

On today's podcast:(1) Goldman Sachs has fired several transaction banking executives over compliance lapses. (2) Citigroup is preparing for a wave of job cuts as the bank's CEO, Jane Fraser, looks to...

14 Sep 202316min

UPDATE: British GDP Shrinks &  A UK iPhone Price Cut

UPDATE: British GDP Shrinks & A UK iPhone Price Cut

On Today's Podcast(1) The UK economy shrank at the fastest pace in seven months in July, reviving fears that a recession may be under way. (2) BP's CEO Bernard Looney has resigned over failing to full...

13 Sep 202312min

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