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(1049)

Apple Readies AI Tool, Tax Cuts Cut & Same-Sex Marriage Win

Apple Readies AI Tool, Tax Cuts Cut & Same-Sex Marriage Win

Your morning briefing, the business news you need in just 15 minutes. On today's podcast:(1) Apple, racing to add more artificial intelligence capabilities, is nearing the completion of a critical new...

16 Feb 202419min

UPDATE: UK Falls Into Recession, Putin Endorses Biden, & Israel Peace Talks Off

UPDATE: UK Falls Into Recession, Putin Endorses Biden, & Israel Peace Talks Off

Your morning briefing, the business news you need in just 15 minutes.On today's podcast: (1) Britain fell into a technical recession in the second half of 2023. GDP shrank 0.3% in the fourth quarter, ...

15 Feb 202414min

Putin Endorses Biden, Israel Peace Talks Off & Nigeria's Dollar Shortage

Putin Endorses Biden, Israel Peace Talks Off & Nigeria's Dollar Shortage

Your morning briefing, the business news you need in just 15 minutes.On today's podcast: Israeli Prime Minister Benjamin Netanyahu has opted not to send a delegation to Cairo for follow-up talks aimed...

15 Feb 202416min

US Inflation Surprise, Towers of Debt & Russia's Migrant Workers

US Inflation Surprise, Towers of Debt & Russia's Migrant Workers

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) US consumer prices jumped at the start of the year, stalling recent disinflation progress and likely delayin...

14 Feb 202419min

UPDATE: Hot UK Wage Growth, Arm's Blistering Rally & Gaza Pause Hopes

UPDATE: Hot UK Wage Growth, Arm's Blistering Rally & Gaza Pause Hopes

Your morning briefing, the business news you need in just 15 minutes. On today's podcast:(1) UK wage growth slowed less than expected in the fourth quarter, underscoring the Bank of England's caution ...

13 Feb 202416min

Gaza Pause Push, Fed Hike Warning & UK Housing Shortage Worsens

Gaza Pause Push, Fed Hike Warning & UK Housing Shortage Worsens

Your morning briefing, the business news you need in just 15 minutes. On today's podcast:(1) US President Joe Biden said he's pushing for a six-week pause in fighting between Israel and Hamas to allow...

13 Feb 202416min

Trump’s NATO Remarks, Gaza Warning & Ukraine Starlink Claims

Trump’s NATO Remarks, Gaza Warning & Ukraine Starlink Claims

Your morning briefing, the business news you need in just 15 minutes.On today's podcast: (1) Donald Trump's comments over the weekend that he once told a European leader he'd abandon NATO members to a...

12 Feb 202416min

Daybreak Weekend: Inflation Data Preview; Earnings Continue

Daybreak Weekend: Inflation Data Preview; Earnings Continue

Bloomberg Daybreak Weekend with Tom Busby takes a look at some of the stories we'll be tracking in the coming week. In the US - we look ahead to inflation data and Coca-Cola earnings In the UK - we d...

10 Feb 202438min

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