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)

Dimon Says Rates Could Hit 7% & Carl Icahn Didn't See Hindenberg Coming

Dimon Says Rates Could Hit 7% & Carl Icahn Didn't See Hindenberg Coming

Your morning briefing, the business news you need in just 15 minutes.On today's podcast: (1) Jamie Dimon warns rates could hit 7% as Fed hawks say more hikes are needed(2) Biden and McCarthy say a def...

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China's Chip Power Play & Higher House Prices

China's Chip Power Play & Higher House Prices

Your morning briefing, the business news you need in just 15 minutes.On today's podcast: (1) China bans Micron semiconductors as their chips battle with the US heats up.(2) US debt ceiling talks resta...

22 Mai 202317min

Sunday Interview: Caroline Casey On Accessibility Awareness

Sunday Interview: Caroline Casey On Accessibility Awareness

Thursday the 18th of May was Global Accessibility Awareness Day. Caroline Casey is a disability activist and founder of the Valuable 500 who works with businesses from Apple to BAE Systems. She spoke ...

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Bloomberg Daybreak Weekend:  Fed, DeSantis, China EVs

Bloomberg Daybreak Weekend: Fed, DeSantis, China EVs

Bloomberg Daybreak Weekend with John Tucker takes a look at some of the stories we'll be tracking for you in the next week including the coming Fed minutes, the official launch of Florida governor Ron...

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Debt Deal Close, Chipping In & Behind Every Good Man Group

Debt Deal Close, Chipping In & Behind Every Good Man Group

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Curb Your China Enthusiasm & Deutsche Bank Settles Epstein Suit for $75M

Curb Your China Enthusiasm & Deutsche Bank Settles Epstein Suit for $75M

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) Rishi Sunak says he's fully aligned with the US as the UK considers China investment curbs.(2) Biden and McC...

18 Mai 202317min

UPDATE: Britain's Lack of Ambition & UBS's $35B Credit Suisse Windfall

UPDATE: Britain's Lack of Ambition & UBS's $35B Credit Suisse Windfall

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) The City's Lord Mayor tells us the UK needs to get off the back foot(2) Wall Street's biggest banks face a h...

17 Mai 202317min

Wall Street's China Problem & UBS's $35B Credit Suisse Windfall

Wall Street's China Problem & UBS's $35B Credit Suisse Windfall

Your morning briefing, the business news you need in just 15 minutes. On today's podcast:(1) Wall Street's biggest banks face a harsh reality check in China(2) Biden and McCarthy voice cautious optimi...

17 Mai 202318min

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