Trump Directs Federal Job Cuts; Musk Defends Downsizing

Trump Directs Federal Job Cuts; Musk Defends Downsizing

On today's podcast:
1) Trump Directs Federal Job Cuts as Musk Defends DownsizingPresident Donald Trump directed agencies to work with Elon Musk’s government cost-cutting effort to slash their workforces, according to a White House official, his latest move to gut the federal bureaucracy.Trump’s action orders agency heads to coordinate with Musk’s Department of Government Efficiency to “significantly reduce the size of the government” and “limit hiring to essential positions,” according to a White House fact sheet seen earlier Tuesday by Bloomberg News.
2) Trump Hails Russian Release of American as He Preps Peace PlanPresident Donald Trump hailed the release of an American who had been detained in Russia, saying he hoped the move would allow the two nations to work toward ending the war in Ukraine.“I think there’s goodwill, in terms of the war,” Trump said as he greeted Marc Fogel, a school teacher held in Russia since 2021. “I think this could be the very important element, you could be a big part of it, actually, because it could be a big, important part of getting the war over with Ukraine.”
3) US Core Inflation Seen Rising at Firm Pace in JanuaryInflation likely remained stubborn last month based on economists’ estimates, backing the Federal Reserve’s patient approach to lowering borrowing costs.The so-called core consumer price index that excludes food and energy is seen rising 0.3% in January from December in the Bureau of Labor Statistics report due Wednesday. From a year earlier, core CPI likely increased 3.1%, according to the median forecast in a Bloomberg survey.

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Episoder(1663)

Trump Demands Hormuz Reopening; Israel Agrees to Lebanon Talks

Trump Demands Hormuz Reopening; Israel Agrees to Lebanon Talks

Today's top stories, with context, in just 15 minutes.On today's podcast:1) President Trump demanded Iran reopen the Strait of Hormuz, raising pressure on Tehran before talks to turn a fragile ceasefi...

10 Apr 14min

Iran Says Ceasefire Violated, Trump Lashes Out at NATO

Iran Says Ceasefire Violated, Trump Lashes Out at NATO

Today's top stories, with context, in just 15 minutes.On today's podcast:1) President Trump vowed to keep US troops in the Persian Gulf ahead of talks with Iran that are planned to firm up a fragile t...

9 Apr 15min

US & Iran Two-Week Ceasefire; Oil and Gas Prices Plunge

US & Iran Two-Week Ceasefire; Oil and Gas Prices Plunge

Today's top stories, with context, in just 15 minutes.On today's podcast:1) The US and Iran agreed to a two-week ceasefire in exchange for Tehran reopening the Strait of Hormuz, a last-ditch deal that...

8 Apr 20min

Special Coverage: US and Iran Agree to Ceasefire Hours Before Trump Deadline

Special Coverage: US and Iran Agree to Ceasefire Hours Before Trump Deadline

The US and Iran agreed to a two-week ceasefire that’s expected to halt the American-Israeli military campaign in exchange for Tehran reopening the Strait of Hormuz.President Donald Trump announced the...

8 Apr 24min

Trump's 8pm Iran Ultimatum, Astronauts Moon Mission Return

Trump's 8pm Iran Ultimatum, Astronauts Moon Mission Return

Today's top stories, with context, in just 15 minutes.On today's podcast:1) President Trump’s latest deadline for Iran to agree to a deal is just hours away, and investors are once again finding thems...

7 Apr 17min

Trump Sets New Iran Ultimatum; Saudis Raise Asia Oil to Record Premium

Trump Sets New Iran Ultimatum; Saudis Raise Asia Oil to Record Premium

Today's top stories, with context, in just 15 minutes. On today's podcast:1) President Trump issued increasingly aggressive threats to destroy Iran’s power plants starting Tuesday and bring “Hell” to ...

6 Apr 14min

Daybreak Weekend: Delta Earnings, UK Tax Season, China Data

Daybreak Weekend: Delta Earnings, UK Tax Season, China Data

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 earnings for Delta Airlines and a focus on 3 sto...

3 Apr 38min

Daybreak  Holiday:  Bank Earnings, Taxes and Candy

Daybreak Holiday: Bank Earnings, Taxes and Candy

On this special Good Friday Holiday edition of Bloomberg Daybreak, host John Tucker discusses: Big bank earnings with Bloomberg Intelligence Senior US Banks Analyst Herman Chan and Bloomberg Intellig...

2 Apr 37min

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