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)

BoJ Gets A New Boss And Inflation Expectations

BoJ Gets A New Boss And Inflation Expectations

Your morning briefing. The news you need in just 15 minutes. On today's podcast: (1) Japan Nominates Kazuo Ueda to head the Bank of Japan.  (2) The Fed's Bowman says rates will need to head higher.  (...

14 Feb 202315min

The US Downs More Objects And Oil Retreats

The US Downs More Objects And Oil Retreats

Your morning briefing. The news you need in just 15 minutes. On today's podcast: (1) US fighters shoot down a fourth object.  (2) Economists believe UK data will push the BoE towards further hikes.  (...

13 Feb 202316min

UPDATE: The UK Avoided A Recession In 2022, But Only Just

UPDATE: The UK Avoided A Recession In 2022, But Only Just

Your morning briefing. The news you need in just 15 minutes. On today's podcast: (1) Britain dodges a recession for another quarter.(2) The BOE says public sector pay rises may spur inflation.(3) Meta...

10 Feb 202317min

No Nickel Costs Trafigura More Than A Dime

No Nickel Costs Trafigura More Than A Dime

Your morning briefing. The news you need in just 15 minutes. On today's podcast: (1) Metal fraud leaves Trafigura facing a a $577m loss.(2) The BOE says public sector pay rises may spur inflation(3) O...

10 Feb 202317min

UPDATE: Credit Suisse CEO: 'Results Are Unacceptable'

UPDATE: Credit Suisse CEO: 'Results Are Unacceptable'

Your morning briefing. The news you need in 15 minutes. On today's podcast:(1) The Credit Suisse CEO speaks to Bloomberg as bank reports grim results.(2) Disney's Bob Iger goes on a cost-cutting drive...

9 Feb 202321min

Credit Suisse Losses Mount and Disney Cuts Jobs

Credit Suisse Losses Mount and Disney Cuts Jobs

Your morning briefing. The news you need in 15 minutes. On today's podcast:(1) Credit Suisse reports grim results with bigger losses and investors pull investment.(2) Disney's Bob Iger goes on a cost-...

9 Feb 202317min

Fed Chief Speaks To Bloomberg And A $500,000 Electric Rolls-Royce

Fed Chief Speaks To Bloomberg And A $500,000 Electric Rolls-Royce

Your morning briefing. The news you need in just 15 minutes. On today's podcast:(1) The Fed Chief tells Bloomberg more hikes are needed.(2) The search for quake survivors continues in Turkey and Syria...

8 Feb 202316min

BNP's Share Buyback And ‘Collapsing’ House Prices

BNP's Share Buyback And ‘Collapsing’ House Prices

Your morning briefing. The news you need in just 15 minutes. On today's podcast:(1) More than 4,000 people have died after earthquakes hit Turkey and Syria.(2) BNP Paribas says it will buy back shares...

7 Feb 202319min

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