Record Stock Surge, Cooling On Rate Cuts & Russia Buys Friends

Record Stock Surge, Cooling On Rate Cuts & Russia Buys Friends

Your morning briefing, the business news you need in just 15 minutes.
On today's podcast:

(1) Nvidia’s surge to an all-time high is the biggest single-session increase in market value in history, besting Meta’s historic gain just three weeks ago.

(2) Former Treasury Secretary Larry Summers is warning that financial markets are underestimating the risks of political and social turmoil around the world.

(3) Three top Federal Reserve officials hammered home the message Thursday that the US central bank is still on track to cut interest rates this year — just not anytime soon.

(4) Russia is steadily expanding its influence across Africa with arms sales, Kremlin-sponsored beauty pageants and more recently -- free grain.

(5) House of Commons Speaker Lindsay Hoyle faced growing calls from Conservative and Scottish National Party politicians to resign over the chaotic scenes in Parliament

(6) For the first time since 1972, the US is back on the moon.

See omnystudio.com/listener for privacy information.

Episoder(1042)

Bloomberg Daybreak Weekend: Banks, CPI, SCOTUS, Spain

Bloomberg Daybreak Weekend: Banks, CPI, SCOTUS, Spain

Bloomberg Daybreak Weekend with Amy Morris takes a look at some of the stories we'll be tracking for you in the coming week including the fresh flood of bank earnings we're waiting for, plus the lates...

15 Jul 202335min

China's Central Bank Signals No Major Stimulus & Hollywood Strike

China's Central Bank Signals No Major Stimulus & Hollywood Strike

Your morning briefing, the business news you need in just 15 minutes. ]On today's podcast:(1) China moves to court private business as the central bank signals no big stimulus is coming. (2) Federal R...

14 Jul 202316min

Epstein's Relationship With Staley & The High Cost Of Working From Home

Epstein's Relationship With Staley & The High Cost Of Working From Home

Your morning briefing, the business news you need in just 15 minutes. On today's podcast:(1) Bloomberg investigates Jeffrey Epstein's relationship with the former Barclays CEO Jes Staley. (2) US Infla...

13 Jul 202316min

UPDATE: The BoE Says High Rates Are Impacting Economy & London's Nervous High End Home Buyers

UPDATE: The BoE Says High Rates Are Impacting Economy & London's Nervous High End Home Buyers

Your morning briefing, the business news you need in just 15 minutes. On today's podcast:(1) The Bank of England says higher rates are squeezing the UK economy but the financial system remains resilie...

12 Jul 202316min

The £2,300 Cost Of UK Inflation & London's Nervous High End Home Buyers

The £2,300 Cost Of UK Inflation & London's Nervous High End Home Buyers

Your morning briefing, the business news you need in just 15 minutes. On today's podcast:(1) Report says the average UK household will be £2,300 worse off by the time inflation eases next May. (2) NAT...

12 Jul 202317min

UPDATE: UK Wage Growth Adds To BoE Pressure & London Bank Bonuses Plunged In 2022

UPDATE: UK Wage Growth Adds To BoE Pressure & London Bank Bonuses Plunged In 2022

Your morning briefing, the business news you need in just 15 minutes. On today's podcast:(1) Wages rise by 7.3%, adding to the pressure on the BoE. (2) UK pension funds agree to pump billions into Bri...

11 Jul 202320min

UK Pensions To Be Invested In Startups & The Nasdaq Downsizes Mega Tech

UK Pensions To Be Invested In Startups & The Nasdaq Downsizes Mega Tech

Your morning briefing, the business news you need in just 15 minutes. On today's podcast:(1) UK pension funds agree to pump billions into British startups. (2) The BOE's Bailey says Inflation rate is ...

11 Jul 202316min

Biden Heads To London & The BBC Suspends A Leading Presenter

Biden Heads To London & The BBC Suspends A Leading Presenter

Your morning briefing, the business news you need in just 15 minutes. On today's podcast:(1) Biden jets into London for talks with Sunak ahead of a crunch NATO meeting. (2) A cooling UK jobs market of...

10 Jul 202317min

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