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(1041)

Stocks Hit Record High, Trump Targets Goldman, Mega-Batteries Mega Trade

Stocks Hit Record High, Trump Targets Goldman, Mega-Batteries Mega Trade

Your morning briefing, the business news you need in just 15 minutes.On today's podcast: (1) Stocks climbed to a record as an in-line US inflation reading eased price concerns and bolstered bets on a ...

13 Aug 202515min

China Tariff Hike Averted, Oasis Inflation Driver, Global US Data Addiction 

China Tariff Hike Averted, Oasis Inflation Driver, Global US Data Addiction 

On today's podcast:(1) President Donald Trump extended a pause of sky-high tariffs on Chinese goods for another 90 days into early November, stabilizing trade ties between the world’s two largest econ...

12 Aug 202521min

Nvidia China Chip Payments, Tax Hike Hurts Jobs, Private Credit’s Losers

Nvidia China Chip Payments, Tax Hike Hurts Jobs, Private Credit’s Losers

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Nvidia and Advanced Micro Devices agreed to pay 15% of their revenues from Chinese AI chip sales to the US...

11 Aug 202516min

Daybreak Weekend: US Inflation, Renewable Energy, RBA Decision

Daybreak Weekend: US Inflation, Renewable Energy, RBA Decision

Bloomberg Daybreak Weekend with Guest Host Amy Morris take a look at some of the stories we'll be tracking in the coming week. In the US – a look ahead to U.S CPI, PPI, and retail sales data, along w...

8 Aug 202538min

Israel Plans to Seize Gaza, Trump Fills Fed Seat, and 51 Million Hours of Paperwork

Israel Plans to Seize Gaza, Trump Fills Fed Seat, and 51 Million Hours of Paperwork

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) Israeli Prime Minister Benjamin Netanyahu secured cabinet approval on Friday for a military takeover of Gaza...

8 Aug 202517min

Tariffs Take Effect, Trump Targets Chips, and A Welsh Island on Sale

Tariffs Take Effect, Trump Targets Chips, and A Welsh Island on Sale

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) US President Donald Trump doubled tariffs on Indian goods to 50% as a penalty for its purchases of Russian o...

7 Aug 202519min

Trump's Next Tariff Blitz, Reeves's £51B Hole, and Hiring Your CEO Internally

Trump's Next Tariff Blitz, Reeves's £51B Hole, and Hiring Your CEO Internally

On today's podcast:(1) President Donald Trump said he’d impose increased tariffs on countries buying energy from Russia while clarifying that levies on semiconductor and pharmaceutical imports would b...

6 Aug 202516min

Trade Fallout Grows, Musk’s $30B Award, and Haggling With AI

Trade Fallout Grows, Musk’s $30B Award, and Haggling With AI

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) President Donald Trump said he would be “substantially raising” the tariff on Indian exports to the US over ...

5 Aug 202514min

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