UPDATE: UK Wage Growth Jumps, US Bank Outflows And Blackrock Shuns The 60/40

UPDATE: UK Wage Growth Jumps, US Bank Outflows And Blackrock Shuns The 60/40

Your morning briefing, the business news you need in just 15 minutes.

On today's podcast:
(1) UK Wage Growth leaves the BOE with an inflationary headache.

(2) China's economy bounces back as consumers splash the cash.

(3) Deposit outflows top $60bn at key US lenders as customers hunt for better returns.

(4) Apple teams up with Goldman to offer market-leading savings rates.

(5) Blackrock advises investors to ditch the 60/40 portfolio to navigate higher interest rates.

See omnystudio.com/listener for privacy information.

Episoder(1042)

CMA Chief Talks New Microsoft-Activision Deal

CMA Chief Talks New Microsoft-Activision Deal

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) CMA Chief Executive Sarah Cardell joins to discuss Microsoft's new submission for its Activision bid(2) The ...

22 Aug 202314min

Arm Aims For A Blockbuster IPO & Reports Of Musk-Putin Call

Arm Aims For A Blockbuster IPO & Reports Of Musk-Putin Call

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) The UK-based tech giant Arm has filed to list its shares on the Nasdaq, in what's set to become the biggest ...

22 Aug 202315min

China Holds Back On Stimulus & Ukraine To Get F-16 Fighter Jets

China Holds Back On Stimulus & Ukraine To Get F-16 Fighter Jets

Your morning briefing, the business news you need in just 15 minutes.On today's podcast: (1) Chinese banks have made a smaller-than-expected cut to their benchmark lending rate. (2) The Netherlands an...

21 Aug 202316min

Bloomberg Daybreak Weekend: Jackson Hole, China, Debate

Bloomberg Daybreak Weekend: Jackson Hole, China, Debate

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 a look at the Fed's annual meeting in Jackson Hole. Plus, London ho...

19 Aug 202335min

China Property Crunch & Goldman's Hiring Spree

China Property Crunch & Goldman's Hiring Spree

Your morning briefing, the business news you need in just 15 minutes. On today's podcast:(1) China's state-owned developers warn of major losses as fears of contagion grow. (2) Bank of America strateg...

18 Aug 202316min

Fed Divisions & £5m Homes On Discount

Fed Divisions & £5m Homes On Discount

Your morning briefing, the business news you need in just 15 minutes. On today's podcast:(1) Fed officials suggest inflationary risks may drive further interest rate hikes. (2) China's housing slump i...

17 Aug 202316min

UPDATE: UK Inflation Runs Hot & Muslims Lives Ruined By Debanking

UPDATE: UK Inflation Runs Hot & Muslims Lives Ruined By Debanking

Your morning briefing, the business news you need in just 15 minutes. On today's podcast:(1) Higher than expected UK inflation has traders once again betting the Bank of England will hike rates to 6%....

16 Aug 202323min

Shadow Banking Crunch & Soros Foundation Shifts Focus

Shadow Banking Crunch & Soros Foundation Shifts Focus

Your morning briefing, the business news you need in just 15 minutes. On today's podcast:(1) Chinese shadow bank Zhongrong has now missed payments on dozens of products and says it has no immediate pl...

16 Aug 202316min

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