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)

Red Sea Navy Task Force, BoJ Unmoved & Apple's Watch Ban

Red Sea Navy Task Force, BoJ Unmoved & Apple's Watch Ban

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) US Defense Secretary Lloyd Austin has announced a new maritime task force intended to protect commercial v...

19 Des 202316min

Allies Break With Israel, Fed Pushback & UK Courts Backlog

Allies Break With Israel, Fed Pushback & UK Courts Backlog

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Israel's foreign minister said any call for a ceasefire with Hamas is a "prize for terrorism," after Franc...

18 Des 202316min

Daybreak Weekend: Holiday Shopping, BOJ Decision, Bitcoin ETFs

Daybreak Weekend: Holiday Shopping, BOJ Decision, Bitcoin ETFs

Bloomberg Daybreak Weekend with Tom Busby takes a look at some of the stories we'll be tracking in the coming week. 1) In the US - US retail sales unexpectedly picked up in November as lower gasoline ...

16 Des 202334min

The Great Divergence, Ukraine Aid Blocked, China Growth Fears

The Great Divergence, Ukraine Aid Blocked, China Growth Fears

Your morning briefing, the business news you need in just 15 minutes. On today's podcast:(1) Europe’s central bankers are in no hurry to join the US pivot toward interest-rate cuts: the Bank of Englan...

15 Des 202322min

The Fed Pivots, BOE & ECB Decisions, Biden Impeachment Inquiry

The Fed Pivots, BOE & ECB Decisions, Biden Impeachment Inquiry

Your morning briefing, the business news you need in just 15 minutes.On today's podcast: (1) The Federal Reserve held interest rates steady for a third meeting and gave its clearest signal yet that it...

14 Des 202316min

UPDATE: UK GDP Shrinks, Fossil Fuels Climate Deal & Netflix Reveals All

UPDATE: UK GDP Shrinks, Fossil Fuels Climate Deal & Netflix Reveals All

Your morning briefing, the business news you need in just 15 minutes. On today's podcast:(1) The UK economy shrank more than expected in October as elevated borrowing costs and wet weather took their ...

13 Des 202316min

Sunak Quells Rebellion, Netflix Reveals All & UK Builders Go Rogue

Sunak Quells Rebellion, Netflix Reveals All & UK Builders Go Rogue

Your morning briefing, the business news you need in just 15 minutes. On today's podcast:(1) Prime Minister Rishi Sunak staved off a potential rebellion from members of his Conservative Party, winning...

13 Des 202316min

UPDATE: A 'Golidilox' UK Jobs Report, Sunak's Crunch Vote & An Epic Victory

UPDATE: A 'Golidilox' UK Jobs Report, Sunak's Crunch Vote & An Epic Victory

Your morning briefing, the business news you need in just 15 minutes. On today's podcast:(1) UK wage growth slowed at the sharpest pace in almost two years, a further sign that the labor market is coo...

12 Des 202316min

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