Israeli Ground Troops In Lebanon & Powell's Go Slow Message

Israeli Ground Troops In Lebanon & Powell's Go Slow Message

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

On today's podcast:

(1) Israel said it had begun “targeted ground raids” in southern Lebanon, escalating a campaign to root out Hezbollah despite international appeals for restraint.

(2) Federal Reserve Chair Jerome Powell said the central bank will lower interest rates “over time,” while again emphasizing that the overall US economy remains on solid footing.

(3) Christine Lagarde said the European Central Bank is becoming more optimistic that it will be able to get inflation under control, and will reflect on that at its October interest-rate decision.

(4) Business chiefs are the most pessimistic they have been about Britain’s economy since late 2022, when the country was still reeling from the effects of Liz Truss’s short spell as prime minister.

(5) Dockworkers have walked out of every major port on the US East and Gulf coasts, marking the beginning of a strike that could ripple through the world’s largest economy and cause political turmoil just weeks before the presidential election.

See omnystudio.com/listener for privacy information.

Episoder(1042)

UBS In Historic Credit Suisse Takeover To End Crisis Of Confidence

UBS In Historic Credit Suisse Takeover To End Crisis Of Confidence

Your morning briefing. The news you need in just 15 minutes. On today's podcast: (1) Troubled lender Credit Suisse is sold to rival UBS for $3.2 billion. (2) Swiss banking tie-up expected to lead to t...

20 Mar 202317min

Bloomberg Daybreak Weekend: A Week of Bank Chaos

Bloomberg Daybreak Weekend: A Week of Bank Chaos

This week...a special edition of the show. It's been an historic week in financial markets...marked by crisis in the banking industry.The meltdown of Silicon Valley Bank spread across the sector...tou...

18 Mar 202335min

First Republic Shored Up and Credit Suisse's Future

First Republic Shored Up and Credit Suisse's Future

Your morning briefing. The news you need in just 15 minutes. On today's podcast: (1) First Republic gets $30 billion backing from eleven US banks. (2) Sources tell Bloomberg that Credit Suisse and UBS...

17 Mar 202317min

UPDATE: Credit Suisse Shares Go On A Wild Ride

UPDATE: Credit Suisse Shares Go On A Wild Ride

Your morning briefing. The news you need in just 15 minutes. .On today's podcast: (1) Credit Suisse shares open sharply up after yesterday’s massive sell off (2) Saudi National Bank's Chairman tries t...

16 Mar 202322min

Credit Suisse Taps $54 Billion of Central Bank Funding Amid Crisis Of Confidence

Credit Suisse Taps $54 Billion of Central Bank Funding Amid Crisis Of Confidence

Your morning briefing. The news you need in just 15 minutes. On today's podcast: (1) Credit Suisse taps up to $54 billion of central bank funding. (2) Financial stocks take a hammering as Credit Suiss...

16 Mar 202317min

Bloomberg's Budget Breakdown And HSBC Cuts Promoted Bankers' Pay

Bloomberg's Budget Breakdown And HSBC Cuts Promoted Bankers' Pay

Your morning briefing. The news you need in just 15 minutes. On today's podcast: (1) The Chancellor gets set to announce a budget plan for business investment. (2) A US drone collides with a Russian f...

15 Mar 202317min

UPDATE: Massive Moves In Bond Markets And Credit Suisse Finds 'Material Weakness' In Reporting

UPDATE: Massive Moves In Bond Markets And Credit Suisse Finds 'Material Weakness' In Reporting

Your morning briefing. The news you need in just 15 minutes. On today's podcast: (1) Credit Suisse finds 'material' control lapses after SEC prompt (2) Two-year treasury's yields rebound after the big...

14 Mar 202327min

Massive Moves In Bond Markets As SVB Fallout Continues

Massive Moves In Bond Markets As SVB Fallout Continues

Your morning briefing. The news you need in just 15 minutes. On today's podcast: (1) Two-year treasury yields see some rebound after the biggest plunge in decades. (2) Traders bet on a Federal Reserve...

14 Mar 202317min

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