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(1044)

Daybreak Weekend: Fed Meeting, BOE Decision, BOJ Policy

Daybreak Weekend: Fed Meeting, BOE Decision, BOJ Policy

Bloomberg Daybreak Weekend with Tom Busby takes a look at some of the stories we'll be tracking in the coming week. In the US – a look ahead to next week’s Fed decision. In the UK – a look ahead to n...

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Israel Strikes Iran’s Nuclear Sites, Key Military Chief Killed, Oil & Gold Surge

Israel Strikes Iran’s Nuclear Sites, Key Military Chief Killed, Oil & Gold Surge

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Israel launched waves of airstrikes against Iran’s nuclear program and ballistic-missile sites on Friday m...

13 Jun 202530min

Wealthy Exit UK Exclusive, Labour’s Growth Gamble, Unilateral Tariff Threat

Wealthy Exit UK Exclusive, Labour’s Growth Gamble, Unilateral Tariff Threat

Your morning briefing, the business news you need in just 15 minutes.On today's podcast: (1) As the pace of wealthy individuals leaving London quickens, the numbers are starting to stack up: Labour’s ...

12 Jun 202521min

Reeves Divides £600bn, US-China Deal Reached, AI Lifeline for Publishers

Reeves Divides £600bn, US-China Deal Reached, AI Lifeline for Publishers

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Chancellor of the Exchequer Rachel Reeves will defend her fiscal choices and trumpet billions of pounds of...

11 Jun 202517min

276,000 UK Jobs Lost, Marines Deployed To LA, Europe's IPO Fight

276,000 UK Jobs Lost, Marines Deployed To LA, Europe's IPO Fight

On today's podcast: (1) UK employment plunged by the most in five years and wage growth slowed more than forecast, as the labor market deteriorated after Chancellor of the Exchequer Rachel Reeves ramp...

10 Jun 202516min

Marines Deployed To LA, US-China Talks Continue, Apple’s Big Revamp

Marines Deployed To LA, US-China Talks Continue, Apple’s Big Revamp

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) The Trump administration escalated its response to anti-deportation protests in Los Angeles with the mobil...

10 Jun 202516min

National Guard LA Clashes, US-China London Talks, Banks Desk Shortage

National Guard LA Clashes, US-China London Talks, Banks Desk Shortage

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Tensions flared in Los Angeles on the third day of anti-deportation protests, as demonstrators clashed wit...

9 Jun 202517min

Daybreak Weekend: US CPI, London Tech Summit, China Eco

Daybreak Weekend: US CPI, London Tech Summit, China Eco

Bloomberg Daybreak Weekend with Tom Busby takes a look at some of the stories we'll be tracking in the coming week. In the US – a look ahead to U.S CPI and PPI data and Tesla’s Robotaxi launch. In th...

6 Jun 202538min

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