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(1045)

UK Growth Downgrade, Powell In No Rush & Germany Confronts Trump Tariffs

UK Growth Downgrade, Powell In No Rush & Germany Confronts Trump Tariffs

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Rachel Reeves faces a new risk of having to make spending cuts after the UK government’s fiscal watchdog d...

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UPDATE: EU Will Impose 'Countermeasures' Against Trump Tariffs

UPDATE: EU Will Impose 'Countermeasures' Against Trump Tariffs

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) The European Union says it will respond to any tariffs the US might impose on it. The warning comes after Pr...

11 Feb 202520min

Trump Trade War Widens, Altman Rejects Musk Offer & Arab World Scrambles

Trump Trade War Widens, Altman Rejects Musk Offer & Arab World Scrambles

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) President Donald Trump ordered a 25% tariff on steel and aluminum imports, escalating his efforts to protect...

11 Feb 202518min

Trump’s New 25% Tariffs, BP’s Looming Showdown & FX Trading Is Cool Again

Trump’s New 25% Tariffs, BP’s Looming Showdown & FX Trading Is Cool Again

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) President Donald Trump plans to impose 25% tariffs on all imports of steel and aluminium into the US, broade...

10 Feb 202516min

Daybreak Weekend: US CPI, Paris AI Summit, Trade War

Daybreak Weekend: US CPI, Paris AI Summit, Trade War

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 at U.S CPI and Retail sales data, along with quarterly earnings ...

7 Feb 202538min

Dire BoE Forecast, ‘Gigantic Savings’ From Musk & Seeing Wood For The Trees

Dire BoE Forecast, ‘Gigantic Savings’ From Musk & Seeing Wood For The Trees

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) Bank of England Governor Andrew Bailey does “very strongly agree” with Chancellor of the Exchequer Rachel Re...

7 Feb 202516min

Trump’s Ukraine Plan, BOE Faces Stagflation & Google Ends Diversity Goals

Trump’s Ukraine Plan, BOE Faces Stagflation & Google Ends Diversity Goals

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) US allies expect President Donald Trump’s administration to present a long-awaited plan to end Russia’s war ...

6 Feb 202517min

Trump Wants Gaza 'Riviera', US Blocks China Parcels & De Beers Diamond Pressure

Trump Wants Gaza 'Riviera', US Blocks China Parcels & De Beers Diamond Pressure

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) Donald Trump said the US should take control of the devastated Gaza Strip, shunt the area’s residents to oth...

5 Feb 202516min

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