The Fed's Big Cut,  More  Devices Explode & Global Shadow Fleet Exclusive

The Fed's Big Cut, More Devices Explode & Global Shadow Fleet Exclusive

Your morning briefing, the business news you need in just 15 minutes.

On today's podcast:

(1) Federal Reserve Chair Jerome Powell led his colleagues to an outsize interest-rate cut designed to preserve the strength of the US economy as risks to the labor market mount, marking an end to their single-minded focus on quashing inflation.

(2) Traders ramped up their bets on the pace of future US interest-rate cuts after the Federal Reserve reduced its benchmark by half a point and signalled more cuts coming this year.

(3) The Bank of England is likely to decide against cutting interest rates for a second straight meeting, maintaining a patient approach to reversing the most aggressive policy tightening in decades.

(4) Israeli Defense Minister Yoav Gallant declared what he called a “new phase” in the war with regional Islamist groups and said troops would be diverted to the Lebanese border, an indication that long-held fears of a wider conflict may soon be realized.

(5) The City of London thinks the UK could attract as much as £7.7 billion ($10.2 billion) more investment by 2030 if it did a better job of attracting foreign sovereign wealth.

See omnystudio.com/listener for privacy information.

Episoder(1058)

'Massive' Sabotage Acts Hit Paris Trains Ahead of Olympics & NatWest Stake Sale Exclusive

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26 Jul 202416min

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Your morning briefing, the business news you need in just 15 minutes.  On today's podcast:(1) President Joe Biden framed his momentous decision to drop out of the 2024 race as a bid to unify the natio...

25 Jul 202416min

Deutsche Bank Shares Tumble, Euro-Zone Standstill & Tesla Underwhelms Once Again

Deutsche Bank Shares Tumble, Euro-Zone Standstill & Tesla Underwhelms Once Again

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Deutsche Bank said it will most likely refrain from conducting a second share buyback this year, after suf...

24 Jul 202416min

Tesla Underwhelms Once Again, Harris' First Rally & Starmer Suspends MPs

Tesla Underwhelms Once Again, Harris' First Rally & Starmer Suspends MPs

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) Tesla reported its fourth straight quarter of disappointing profits on Tuesday, and Chief Executive Officer ...

24 Jul 202416min

Kamala Harris  Seals Status As Presumptive Democrat Nominee

Kamala Harris Seals Status As Presumptive Democrat Nominee

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Kamala Harris has more than enough pledged delegates to clinch the Democratic presidential nomination, fol...

23 Jul 202415min

Biden Exits Presidential Race And Endorses Harris As Donations Surge

Biden Exits Presidential Race And Endorses Harris As Donations Surge

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) US President Joe Biden abandoned his reelection bid, bowing to relentless pressure from Democrats to drop ou...

22 Jul 202422min

Daybreak Weekend: Tesla Earnings, Paris Olympics, U.S Election

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20 Jul 202438min

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