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(1041)

BONUS EPISODE: Jamie Dimon Exclusive Interview

BONUS EPISODE: Jamie Dimon Exclusive Interview

Jamie Dimon is in Shanghai for JPMorgan's China summit. It's the first time the bank's flagship event is being held in person since 2019. Bloomberg News sat down for a wide-ranging, exclusive intervie...

31 Mai 202318min

Jamie Dimon Exclusive And UK Business Confidence Slips

Jamie Dimon Exclusive And UK Business Confidence Slips

Your morning briefing, the business news you need in just 15 minutes.On today's podcast: (1) Jamie Dimon tells us the US will trade less with China, but still needs a relationship. (2) The US debt cei...

31 Mai 202322min

Debt Ceiling Lobbying And Yet Another Record UK Shop Price Rise

Debt Ceiling Lobbying And Yet Another Record UK Shop Price Rise

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Joe Biden and Kevin McCarthy lobby lawmakers to pass their debt ceiling deal (2) Britain's shops see yet a...

30 Mai 202317min

Sunday Interview: The CEO Of Klarna On Growth And Opportunity

Sunday Interview: The CEO Of Klarna On Growth And Opportunity

Klarna was once Europe’s most valuable startup. It offers buy now, pay later credit for about 150 million shoppers globally looking to spread the cost of online purchases. The company has targeted exp...

28 Mai 202319min

Bloomberg Daybreak Weekend: May Jobs Report, What is this "X" Date, Stickiness in Europe

Bloomberg Daybreak Weekend: May Jobs Report, What is this "X" Date, Stickiness in Europe

Bloomberg Daybreak Weekend with Tom Busby takes a look at some of the stories we'll be tracking for you in the coming week, including a preview of the US May Jobs Report, a look inside to the Treasury...

27 Mai 202335min

Chancellor Says He's OK With A Recession If It Brings Down Inflation

Chancellor Says He's OK With A Recession If It Brings Down Inflation

Your morning briefing, the business news you need in just 15 minutes.On today's podcast: (1) The Chancellor says he's in favour of higher rates even if it causes a recession. (2) A US debt deal begins...

26 Mai 202317min

America's AAA Rating In Jeopardy & The Soaring Cost Of UK Debt

America's AAA Rating In Jeopardy & The Soaring Cost Of UK Debt

Your morning briefing, the business news you need in just 15 minutes. On today's podcast:(1) Fitch considers cutting America's AAA rating as a debt default looms. (2) UK borrowing costs soar, leaving ...

25 Mai 202316min

Chancellor-In-Waiting Rachel Reeves On Her Plan For A More Activist State

Chancellor-In-Waiting Rachel Reeves On Her Plan For A More Activist State

Chancellor-In-Waiting Rachel Reeves On Her Plan For A More Activist State Your morning briefing, the business news you need in just 15 minutes.On today's podcast: (1) Labour Shadow Chancellor Rachel R...

24 Mai 202316min

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