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)

Hate Crimes Surge in Wake of Gaza War

Hate Crimes Surge in Wake of Gaza War

Reports of crimes targeting Jews, Muslims and Arabs have risen around the world in since the Oct. 7 Hamas attack on Israel, and the Israeli military’s retaliatory operation in Gaza. While previous con...

3 Des 202324min

Daybreak Weekend: November Jobs, Electric Vehicles, China-EU Relations, Senate Banking Hearing

Daybreak Weekend: November Jobs, Electric Vehicles, China-EU Relations, Senate Banking Hearing

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, Economists expect the November unemployment print, due out Dec. 8, to ...

2 Des 202334min

Israel-Hamas War Resumes, A Looming US Recession & Cybertruck Deliveries

Israel-Hamas War Resumes, A Looming US Recession & Cybertruck Deliveries

Your morning briefing, the business news you need in just 15 minutes. On today's podcast:(1) Israel has resumed combat against Hamas in the Gaza Strip after a week-long truce between the two sides end...

1 Des 202316min

Gaza Truce Extended, Henry Kissinger Dies & Musk Rages at Ad Boycott

Gaza Truce Extended, Henry Kissinger Dies & Musk Rages at Ad Boycott

Your morning briefing, the business news you need in just 15 minutes. On today's podcast:(1) Israel and Hamas have agreed to extend their truce for at least another day, allowing for the release of mo...

30 Nov 202317min

BONUS SPECIAL: The Legacy of Henry Kissinger

BONUS SPECIAL: The Legacy of Henry Kissinger

Henry Kissinger, the child refugee who rose to become US Secretary of State and defined American foreign policy during the 1970s with his strategies to end the Vietnam War and contain communist countr...

30 Nov 20231h 26min

Charlie Munger Dies, AT1's Are Back & Ackman's Rate Cut Bet

Charlie Munger Dies, AT1's Are Back & Ackman's Rate Cut Bet

Your morning briefing, the business news you need in just 15 minutes. On today's podcast:(1) The famed investor Charles Munger has died at the age of 99. As Warren Buffett's right hand man for almost ...

29 Nov 202316min

Hostage Truce Extended, EU Debt Problems & House Price Discounts

Hostage Truce Extended, EU Debt Problems & House Price Discounts

Your morning briefing, the business news you need in just 15 minutes. On today's podcast:(1) Israel and Hamas agreed Monday to extend a cease-fire in their devastating war until Thursday morning, as 1...

28 Nov 202316min

Sunak On Tax Cuts & Austerity, Gaza Hostages & Musk Meeting Israeli President

Sunak On Tax Cuts & Austerity, Gaza Hostages & Musk Meeting Israeli President

Your morning briefing, the business news you need in just 15 minutes. On today's podcast:(1) Rishi Sunak denied his economic plans are about to deliver a fresh bout of UK austerity, even as the offici...

27 Nov 202316min

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