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)

'Nonsensical' Trade War, Possible China Relief, Billionaire’s Tariff Pain

'Nonsensical' Trade War, Possible China Relief, Billionaire’s Tariff Pain

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Confronted with fresh warnings from financial markets, business leaders and top advisers, President Donald...

24 Apr 202517min

 Trump: Not Firing Powell, Recession Fear, Musk’s Tesla Focus

Trump: Not Firing Powell, Recession Fear, Musk’s Tesla Focus

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) President Donald Trump said he had no intention of firing Federal Reserve Chair Jerome Powell despite his fr...

23 Apr 202516min

Trump Targets Powell, Traders Dump US Assets, $2 Trillion Tariff Hit

Trump Targets Powell, Traders Dump US Assets, $2 Trillion Tariff Hit

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) President Donald Trump warned the US economy may slow if the Federal Reserve does not move to immediately re...

22 Apr 202516min

Daybreak Weekend: Tesla Results, Europe Earnings, China Tariff Reaction

Daybreak Weekend: Tesla Results, Europe Earnings, China Tariff Reaction

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 home sales data and Tesla earnings. In the UK – a look ...

18 Apr 202539min

$800 Billion China Risk, Powell Holds Line, No Rush to Russia

$800 Billion China Risk, Powell Holds Line, No Rush to Russia

(1) US investors could be forced to offload around $800 billion of Chinese equities “in an extreme scenario” of financial decoupling between the world’s two largest economies, Goldman Sachs Group Inc....

17 Apr 202519min

China Growth Surprise, US Bearing Tariff Pain, Europe’s Investor Appeal

China Growth Surprise, US Bearing Tariff Pain, Europe’s Investor Appeal

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) China’s economy showed surprising strength in early 2025 with a sharp uptick in March, though a trade impa...

16 Apr 202519min

Chips & Drug Probes, Tariffs Double Prices, Harvard Funding Freeze

Chips & Drug Probes, Tariffs Double Prices, Harvard Funding Freeze

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) “The president has been very clear that he’s willing to talk to his counterpart,” US Trade Representative Ja...

15 Apr 202520min

Trump’s Tariff Whiplash, Dollar Selloff & British Steel Emergency 

Trump’s Tariff Whiplash, Dollar Selloff & British Steel Emergency 

Your morning briefing, the business news you need in just 15 minutes.On today's podcast: (1) President Donald Trump pledged he will still apply tariffs to phones, computers and popular consumer electr...

14 Apr 202517min

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