Daybreak Weekend: Shutdown Averted, Autumn Statement, Fentanyl Crisis

Daybreak Weekend: Shutdown Averted, Autumn Statement, Fentanyl Crisis

Bloomberg Daybreak Weekend with Tom Busby takes a look at some of the stories we'll be tracking in the coming week.

1) Earnings continue...one big company reporting this week is Nvidia. According to Bloomberg Intelligence...Nvidia is likely to report another beat in its fiscal 3Q earnings results and guidance.

2) In the UK: Chancellor of the Exchequer Jeremy Hunt likely has limited scope to ease fiscal policy in his upcoming Autumn Statement. Bloomberg Economics expects near-term growth and inflation impact of the Autumn Statement will be broadly neutral.

3) In Asia: The Biden administration’s decision to remove a Chinese organization from a sanctions list as part of a deal to combat the fentanyl crisis marks an unusual concession to Beijing’s complaints over US trade restrictions.

4) In Washington: President Joe Biden signed a stopgap bill to extend government funding into early 2024, averting a government shutdown for now but kicking a politically-divisive debate over federal spending into a presidential election year.

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Episoder(1042)

UPDATE: UK Wages Surge & Trump Indicted For A Fourth Time

UPDATE: UK Wages Surge & Trump Indicted For A Fourth Time

Your morning briefing, the business news you need in just 15 minutes. On today's podcast:(1) Record UK wage growth drives Bank of England rate bets to around 6%. (2) China's central bank cuts rates as...

15 Aug 202313min

China Cuts Rates & Trump Indicted For 4th Time

China Cuts Rates & Trump Indicted For 4th Time

Your morning briefing, the business news you need in just 15 minutes. On today's podcast:(1) China's central bank cuts rates as the country's economic headwinds multiply. (2) US Treasury Secretary Jan...

15 Aug 202316min

China Shadow Banking Woes & Musk Vs Zuckerberg Fight Latest

China Shadow Banking Woes & Musk Vs Zuckerberg Fight Latest

Your morning briefing, the business news you need in just 15 minutes. On today's podcast:(1) China growth concerns multiply over strains in sectors from property to shadow banking and hedge funds. (2)...

14 Aug 202316min

Bloomberg Daybreak Weekend: Retail, Inflation, Indictments (Podcast)

Bloomberg Daybreak Weekend: Retail, Inflation, Indictments (Podcast)

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 retail companies reporting earnings. Plus, inflation ...

12 Aug 202335min

UPDATE: UK Growth Surprise & UBS Exits Backstop Deal

UPDATE: UK Growth Surprise & UBS Exits Backstop Deal

Your morning briefing, the business news you need in just 15 minutes. On today's podcast:(1) The UK economy delivers its strongest quarterly growth in more than a year. (2) UBS ends its $10bn Credit S...

11 Aug 202318min

Biden: China Economy A 'Ticking Time Bomb' & UBS Exits Rescue Deal

Biden: China Economy A 'Ticking Time Bomb' & UBS Exits Rescue Deal

Your morning briefing, the business news you need in just 15 minutes. On today's podcast:(1) China's once-top builder turns into a penny stock as Biden calls the country's economy a "ticking time bomb...

11 Aug 202316min

UPDATE: Weight-Loss Drug Demand & A Political Assassination

UPDATE: Weight-Loss Drug Demand & A Political Assassination

Your morning briefing, the business news you need in just 15 minutes. On today's podcast:(1) Drugs maker Novo Nordisk gets a boost from its breakthrough weight-loss drug Wegovy. (2) European gas price...

10 Aug 202317min

Gas Prices Surge & Disney Hikes Subscription Prices

Gas Prices Surge & Disney Hikes Subscription Prices

Your morning briefing, the business news you need in just 15 minutes. On today's podcast:(1) European gas prices hit a 17-month high as LNG workers in Australia vote to strike. (2) Disney raises price...

10 Aug 202316min

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