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 software tool for app developers that would step up competition with Microsoft.

(2) Keir Starmer's poll-leading opposition Labour Party overturned significant majorities to win two parliamentary seats from Rishi Sunak's governing Conservative Party, denting the prime minister's hopes of wrestling back momentum ahead of a UK-wide vote expected this year.

(3) UK Chancellor Jeremy Hunt has deemed a plan to cut the basic rate of income tax to 18% from 20% unaffordable, The Telegraph reports, citing a person familiar with the matter.

(4) Federal Reserve Bank of Atlanta President Raphael Bostic said there's no rush to cut interest rates with the US labor market and economy still strong, and cautioned it's not yet clear that inflation is heading sustainably to the central bank's 2% target.

(5) For more than 20 years, Stavros Gavriliadis and Dimitrios Elefsiniotis have been building a life together. They bought a house and started a family. But under Greek law, they couldn't marry or both be recognized as the parents of their three children — until this week.

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Episoder(1211)

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Daybreak Weekend: US Jobs, Germany Elections, South Korea Inflation

Daybreak Weekend: US Jobs, Germany Elections, South Korea Inflation

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Kevin Warsh Takes Center Stage, France’s Debt Divide, America Bets on English Football

Kevin Warsh Takes Center Stage, France’s Debt Divide, America Bets on English Football

Your morning briefing. All the news you need to start your day.On today's podcast:(1) A chorus of investors is urging Federal Reserve Chairman Kevin Warsh to provide a strong rebuke of high inflation ...

28 Aug 22min

Nvidia Reignites AI Rally, Iran-Oman Hormuz Deal, The Free Money Test

Nvidia Reignites AI Rally, Iran-Oman Hormuz Deal, The Free Money Test

Your morning briefing. All the news you need to start your day.On today's podcast:(1) Nvidia, the chipmaker at the heart of the artificial intelligence boom, gave a bullish sales outlook for fiscal 20...

27 Aug 19min

Hormuz Talks, A Trade War of Words, Ceuta's Aftermath

Hormuz Talks, A Trade War of Words, Ceuta's Aftermath

Your morning briefing. All the news you need to start your day.On today's podcast:(1) Iranian Foreign Minister Abbas Araghchi and his Omani counterpart Badr Albusaidi discussed an “interim framework” ...

26 Aug 22min

Washington's China Collision Course, Burnham Exclusive, The AI Hiring Era

Washington's China Collision Course, Burnham Exclusive, The AI Hiring Era

Your morning briefing. All the news you need to start your day.On today's podcast:(1) Treasury Secretary Scott Bessent threatened economic punishment against any country doing business with Iran as pa...

25 Aug 16min

Canada's US Trade War, Bessent's 'Economic D-Day', Bonds Brace for Warsh

Canada's US Trade War, Bessent's 'Economic D-Day', Bonds Brace for Warsh

Your morning briefing. All the news you need to start your day.On today's podcast:(1) Prime Minister Mark Carney’s government sees little chance of resuming talks with President Donald Trump before th...

24 Aug 17min

Daybreak Weekend: Jackson Hole, France Conference, Tokyo CPI

Daybreak Weekend: Jackson Hole, France Conference, Tokyo CPI

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 Fed Chair Kevin Warsh’s speech in Jackson Hole a...

21 Aug 38min

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