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)

China Recovery Falters And Higher Taxes For More Brits

China Recovery Falters And Higher Taxes For More Brits

Your morning briefing, the business news you need in just 15 minutes. On today's podcast:(1) China's recovery worries mount as data disappoints.(2) UK wage rises set to keep the Bank of England on edg...

16 Mai 202317min

Turkey Heads For A Runoff And A $19bn Gold-Plated Deal

Turkey Heads For A Runoff And A $19bn Gold-Plated Deal

Your morning briefing, the business news you need in just 15 minutes. On today's podcast:(1) Erdogan looks unlikely to have secured an outright victory in Turkey's presidential election.(2) Biden and ...

15 Mai 202317min

BONUS EPISODE: Jamie Dimon Speaks To Bloomberg

BONUS EPISODE: Jamie Dimon Speaks To Bloomberg

Jamie Dimon joins Bloomberg News to discuss the debt ceiling, the regional banking crisis and the US economy. The CEO of JPMorgan Chase speaks with Bloomberg's Francine Lacqua from the bank's Global M...

14 Mai 202318min

Bloomberg Daybreak Weekend: Retail Earnings, Banks, China

Bloomberg Daybreak Weekend: Retail Earnings, Banks, China

Bloomberg Daybreak Weekend with Tom Busby takes a look at some of the stories we'll be tracking for you next week including a preview of this week's retail earnings, China's eco data and the British c...

13 Mai 202335min

UPDATE: Yellen Warns The US Will Be A 'Deadbeat Country' if It Defaults

UPDATE: Yellen Warns The US Will Be A 'Deadbeat Country' if It Defaults

Your morning briefing, the business news you need in just 15 minutes. On today's podcast:(1) US Treasury Secretary Janet Yellen speaks exclusively to Bloomberg. (2) BOE's Bailey tells Bloomberg he bel...

12 Mai 202317min

Bailey's BoE Rate 'Hope' And Jamie Dimon Says Regulation 'To Get Worse For Banks'

Bailey's BoE Rate 'Hope' And Jamie Dimon Says Regulation 'To Get Worse For Banks'

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) BOE's Bailey tells Bloomberg he believes the bank is close to a pause. (2) JP Morgan CEO, Jamie Dimon says...

12 Mai 202319min

UPDATE: Bundesbank President Speaks Exclusively To Bloomberg

UPDATE: Bundesbank President Speaks Exclusively To Bloomberg

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Bundesbank President Joachim Nagel tells Bloomberg a September ECB hike is not off the table. (2) Surging ...

11 Mai 202316min

The BoE Gets Set To Hike & Disney Minus

The BoE Gets Set To Hike & Disney Minus

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Surging inflation set to force the Bank of England into a 12th straight rate rise. (2) Cooling US inflatio...

11 Mai 202318min

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