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(1039)

UPDATE: UK Inflation Stays In Double Digits at 10.1%

UPDATE: UK Inflation Stays In Double Digits at 10.1%

Your morning briefing, the business news you need in just 15 minutes. On today's podcast:(1) UK Inflation sticks above 10%, lifting the prospect of more hikes. (2) Fox to pay $787.5 Million to settle ...

19 Apr 202315min

Fox Settle Dominion Defamation Case For $788.5m And All That Glitters Isn't Goldman

Fox Settle Dominion Defamation Case For $788.5m And All That Glitters Isn't Goldman

Your morning briefing, the business news you need in just 15 minutes. On today's podcast:(1) Fox to pay $787.5 Million to settle dominion defamation case. (2) Goldman traders miss out on Wall Street's...

19 Apr 202323min

UPDATE: UK Wage Growth Jumps, US Bank Outflows And Blackrock Shuns The 60/40

UPDATE: UK Wage Growth Jumps, US Bank Outflows And Blackrock Shuns The 60/40

Your morning briefing, the business news you need in just 15 minutes. On today's podcast:(1) UK Wage Growth leaves the BOE with an inflationary headache. (2) China's economy bounces back as consumers ...

18 Apr 202316min

China Growth, US Bank Outflows And Blackrock Shuns The 60/40

China Growth, US Bank Outflows And Blackrock Shuns The 60/40

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) China's economy bounces back as consumers splash the cash. (2) Deposit outflows top $60bn at key US lender...

18 Apr 202317min

UK Inflation Set To Cool And and Investors Say Tech Offers The Best Job Prospects.

UK Inflation Set To Cool And and Investors Say Tech Offers The Best Job Prospects.

Your morning briefing, the business news you need in just 15 minutes.On today's podcast: (1) UK Inflation set to dip below 10% as peak rates loom. (2) Prometheus is snapped up by Merck for $10.8bn. (3...

17 Apr 202317min

Bloomberg Daybreak Weekend: Banks, Congress, Tesla, UK

Bloomberg Daybreak Weekend: Banks, Congress, Tesla, UK

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 an expected fresh flood of bank earnings, the UK economy, lawmakers...

15 Apr 202335min

A Warning From The BoE And LVMH Enters The Top Ten

A Warning From The BoE And LVMH Enters The Top Ten

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) The BoE's Chief Economist says the UK may see a 'positive demand shock' from its tight labour market. (2) ...

14 Apr 202317min

UK Chancellor Speaks to Bloomberg And JPMorgan Bosses Go Back To The Office

UK Chancellor Speaks to Bloomberg And JPMorgan Bosses Go Back To The Office

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) The Chancellor tells Bloomberg the UK will beat the IMF's growth forecast. (2) Fed officials lean towards ...

13 Apr 202316min

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