UK Profit Margins And Pay Rises 'Unsustainable' & Titanic Sub Crew Killed In Catastrophic Implosion

UK Profit Margins And Pay Rises 'Unsustainable' & Titanic Sub Crew Killed In Catastrophic Implosion

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

On today's podcast:

(1) Andrew Bailey says profit margins need to fall and pay rises need to be curbed after the Bank of England hiked by 50 basis points.

(2) The Federal Reserve's Powell says Wall Street giants could face a 20% jump in capital requirements.

(3) US Treasury Secretary Janet Yellen tells Bloomberg that recession risks are receding.

(4) US Coast guard reveals the five-man Titanic sub crew died after a catastrophic implosion.

See omnystudio.com/listener for privacy information.

Episoder(1039)

Daybreak Weekend: US Eco, International Energy Week, Softbank Earnings

Daybreak Weekend: US Eco, International Energy Week, Softbank Earnings

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 – a look ahead to S jobs and CPI data, along with a focus on 3 sto...

6 Feb 38min

Stratospheric AI Spending, Starmer In Political Peril, Ferrero’s Breakfast Bid

Stratospheric AI Spending, Starmer In Political Peril, Ferrero’s Breakfast Bid

Your morning briefing. All the news you need to start your dayOn today's podcast:(1) Amazon shares dropped after the company announced plans to spend $200 billion this year on data centers, chips and ...

6 Feb 22min

Trillion-Dollar Tech Wipeout, Crisis Engulfs UK’s Starmer, Sci-Fi Power Traders

Trillion-Dollar Tech Wipeout, Crisis Engulfs UK’s Starmer, Sci-Fi Power Traders

Your morning briefing. All the news you need to start your dayOn today's podcast:(1) There have been many AI-driven selloffs in the three years since ChatGPT burst into the mainstream. Nothing, though...

5 Feb 18min

$285B Software Wipeout, Bitcoin 'Death Spiral', EU Seeks US Minerals Deal

$285B Software Wipeout, Bitcoin 'Death Spiral', EU Seeks US Minerals Deal

Your morning briefing. All the news you need to start your dayOn today's podcast:(1) A new AI automation tool from Anthropic PBC sparked a $285 billion rout in stocks across the software, financial se...

4 Feb 17min

$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 dayOn 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 r...

3 Feb 21min

Epstein Revelations Fallout, Gold Plunge Deepens, Mercedes Luxury Bet

Epstein Revelations Fallout, Gold Plunge Deepens, Mercedes Luxury Bet

Your morning briefing. All the news you need to start your dayOn today's podcast:(1) Peter Mandelson, Britain’s former ambassador to the US, resigned from the UK’s ruling Labour Party to avoid causing...

2 Feb 19min

Daybreak Weekend: US Jobs, Winter Olympics, Japan Election

Daybreak Weekend: US Jobs, Winter Olympics, Japan Election

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 – a look ahead to the January jobs report and U.S tech earnings. I...

31 Jan 37min

Trump Picks Kevin Warsh For Fed Chair, Iran Strike Options, $40B Succession Drama

Trump Picks Kevin Warsh For Fed Chair, Iran Strike Options, $40B Succession Drama

Your morning briefing. All the news you need to start your dayOn today's podcast:(1) The Trump administration is preparing for the president to nominate Kevin Warsh to be the next Federal Reserve chai...

30 Jan 19min

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