Colorado Bars Trump From Presidency, Red Sea Chaos Worsens & Hedge Funds Spook Regulators.

Colorado Bars Trump From Presidency, Red Sea Chaos Worsens & Hedge Funds Spook Regulators.

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

On today's podcast:


(1) Donald Trump is ineligible to serve as US president because of his actions inciting the Jan. 6, 2021 attack on the US Capitol, Colorado's highest court found, in an unprecedented ruling that's headed for the US Supreme Court.

(2) The US and its allies are considering possible military strikes against Houthi rebels in Yemen, in a recognition that a newly announced maritime task force meant to protect commercial ships in the Red Sea may not be enough to eliminate the threat to the vital waterway.

(3) Bets on the basis trade are so large that they’ve become central to buying and selling of US government bonds. Read our Big Take on the small group of hedge fund traders who dominate dealings in the tiny price gaps between Treasuries and futures. They’re the driving force behind a wager creating sleepless nights for regulators.

(4) UK house prices have plunged by 11% in real terms in just over a year, revealing the true extent of the downturn in the property market, calculations by Bloomberg Economics show.

(5) Wall Street's dramatic year of dealmaking drought, collapsing banks and job cuts is ending with a mere whimper for traders' bonuses.

See omnystudio.com/listener for privacy information.

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Episoder(1184)

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300,000 Flee Wildfires, Europe’s Market Mojo, French Spy Tech Shift

300,000 Flee Wildfires, Europe’s Market Mojo, French Spy Tech Shift

Your morning briefing. All the news you need to start your day.On today's podcast:(1) More than 300,000 people have fled their homes in towns and villages across France and Spain even as wildfires thr...

27 Jul 18min

Daybreak Weekend: US Tech, BOE Decision, BOJ Meeting

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Trump Reboots Global Tariffs, Mag 7 Lose $797B, Barclays Hunts For Growth

Trump Reboots Global Tariffs, Mag 7 Lose $797B, Barclays Hunts For Growth

Your morning briefing. All the news you need to start your day.On today's podcast:(1) The US will collect duties of between 10% and 12.5% on imports from most major trading partners, its biggest move ...

24 Jul 17min

Houthis Attack Tankers, Alphabet’s $205B Splurge, French Politics Jolts Bankers

Houthis Attack Tankers, Alphabet’s $205B Splurge, French Politics Jolts Bankers

Your morning briefing. All the news you need to start your day.On today's podcast:(1) The Houthis, a militant group in Yemen who have been threatening to open another front in the Iran war, said they ...

23 Jul 20min

US Allies Exasperated, Creditors Court Burnham, Finland’s Public Debt Spiral

US Allies Exasperated, Creditors Court Burnham, Finland’s Public Debt Spiral

Your morning briefing. All the news you need to start your day.On today's podcast:(1) New Prime Minister Andy Burnham has approved the use of British military bases by the US for what the UK calls def...

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