Fed 'Late to The Game', Deutsche Bank Results & Lagarde's Invitation to Trump

Fed 'Late to The Game', Deutsche Bank Results & Lagarde's Invitation to Trump

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

On today's podcast:

(1) The last time US government bonds sold off this much as the Federal Reserve started cutting interest rates, Alan Greenspan was orchestrating a rare soft landing.

(2) Bank of America Chief Executive Officer Brian Moynihan has urged Federal Reserve policymakers to be measured in the magnitude of interest-rate reductions.

(3) UK Prime Minister Keir Starmer said Donald Trump’s legal complaint against his Labour Party over alleged election interference won’t jeopardize their relationship if the former president wins the US election next month.

(4) Deutsche Bank is seeking approval for further share buybacks after revenue at the investment bank rose and the lender largely settled a legacy dispute.

(5) Arm is canceling a license that allowed longtime partner Qualcomm to use Arm intellectual property to design chips, escalating a legal dispute over vital smartphone

See omnystudio.com/listener for privacy information.

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Episoder(1216)

Instant Reaction: US Adds 162,000 Jobs, Topping All Estimates

Instant Reaction: US Adds 162,000 Jobs, Topping All Estimates

US job growth surged in August and the unemployment rate held steady, suggesting the labor market has more momentum than previously thought. Nonfarm payrolls increased 162,000 last month and July’s jo...

4 Sep 21min

VW Approves 50k Job Cuts, Reform Undercover Sting, France’s Food Reckoning

VW Approves 50k Job Cuts, Reform Undercover Sting, France’s Food Reckoning

Your morning briefing. All the news you need to start your day.On today's podcast:(1) Volkswagen's supervisory board backed a sweeping restructuring that calls for 50,000 additional job cuts, far fewe...

4 Sep 19min

Global Gas Supply Fight, Robotaxis On UK Streets, Homes Sell Electricity 

Global Gas Supply Fight, Robotaxis On UK Streets, Homes Sell Electricity 

Your morning briefing. All the news you need to start your day.On today's podcast:(1) Europe is nearing the end of summer with a low natural gas buffer, threatening to intensify a global fight for sup...

3 Sep 18min

Bessent's Gains Wiped Out, Gilts Lead Global Selloff, Putting AI in Your Mouth

Bessent's Gains Wiped Out, Gilts Lead Global Selloff, Putting AI in Your Mouth

Your morning briefing. All the news you need to start your day.On today's podcast:(1) The yield on 30-year US government bonds climbed back to levels seen just before Treasury Secretary Scott Bessent ...

2 Sep 18min

Shein's Unfashionable IPO, Bond Yields Hit 2008 Highs, Lionel Messi Retires

Shein's Unfashionable IPO, Bond Yields Hit 2008 Highs, Lionel Messi Retires

Your morning briefing. All the news you need to start your day.On today's podcast:(1) US Army Secretary Dan Driscoll is stepping down after repeated clashes with his boss, Pete Hegseth, leaving the se...

1 Sep 17min

US & Iran Resume Attacks, Oil Moves Higher, Reflecting on Jackson Hole

US & Iran Resume Attacks, Oil Moves Higher, Reflecting on Jackson Hole

Your morning briefing. All the news you need to start your day.On today's podcast:(1) The US and Iran exchanged strikes for the first time in about a month as American forces hit Iranian rocket launch...

31 Aug 15min

Daybreak Weekend: US Jobs, Germany Elections, South Korea Inflation

Daybreak Weekend: US Jobs, Germany Elections, South Korea Inflation

Bloomberg Daybreak Weekend with Host Nathan Hager take a look at some of the stories we'll be tracking in the coming week. In the US – a look ahead to the August jobs report and a focus on 3 stocks f...

28 Aug 37min

Kevin Warsh Takes Center Stage, France’s Debt Divide, America Bets on English Football

Kevin Warsh Takes Center Stage, France’s Debt Divide, America Bets on English Football

Your morning briefing. All the news you need to start your day.On today's podcast:(1) A chorus of investors is urging Federal Reserve Chairman Kevin Warsh to provide a strong rebuke of high inflation ...

28 Aug 22min

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