Trump Changes Tone on Powell & Tariffs; Musk Will Refocus on Tesla

Trump Changes Tone on Powell & Tariffs; Musk Will Refocus on Tesla

1) President Donald Trump said he had no intention of firing Federal Reserve Chair Jerome Powell despite his frustration with the central bank not moving more quickly to slash interest rates.
2) President Donald Trump said he plans to be “very nice” to China in any trade talks and that tariffs will drop if the two countries can reach a deal, a sign he may be backing down from his tough stance on Beijing amid market volatility.
3) Elon Musk vowed to pull back “significantly” from his work with the US government and pay more mind to Tesla Inc., assuaging investors concerned about the carmaker’s worst quarter in years.

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Episoder(1758)

Trump Hardens Stance on Iran; President Renews Efforts to Dismantle Vaccination Schedule

Trump Hardens Stance on Iran; President Renews Efforts to Dismantle Vaccination Schedule

Today's top stories, with context, in just 15 minutes. On today's podcast: 1) President Donald Trump hardened his stance toward Iran as negotiations to reopen the Strait of Hormuz continue, pronouncin...

11 Aug 15min

Trump Signals Economic Pressure on Iran; Israel Rejects US Proposal

Trump Signals Economic Pressure on Iran; Israel Rejects US Proposal

Today's top stories, with context, in just 15 minutes. On today's podcast: 1) President Trump said the US was only "semi-negotiating" with Tehran on the Strait of Hormuz, and that the US was "low keyi...

10 Aug 15min

Introducing: Our Town

Introducing: Our Town

Our Town from Bloomberg’s Big Take podcast follows residents of Gainesboro, Tennessee, after a group of far-right Christians moves in with plans for a radical social experiment.Listen to Episode 1 on ...

9 Aug 1min

Daybreak Weekend: US CPI, Europe Energy, RBA Decision

Daybreak Weekend: US CPI, Europe Energy, RBA Decision

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 U.S CPI and PPI data, along with a focus on 3 st...

7 Aug 39min

Iran Seeks to Bar US Ships From Hormuz; Trump Considers Order on Autism

Iran Seeks to Bar US Ships From Hormuz; Trump Considers Order on Autism

Today's top stories, with context, in just 15 minutes.On today's podcast:1) Iran will seek to bar US and Israeli ships from the Strait of Hormuz and require compensation from hostile countries before ...

7 Aug 14min

Iran-Oman Hormuz Agreement; Trump Threatens Munitions Leakers

Iran-Oman Hormuz Agreement; Trump Threatens Munitions Leakers

Today's top stories, with context, in just 15 minutes.On today's podcast:1) Iran said it had reached an agreement with Oman on a proposed route for shipping through the Strait of Hormuz, a potential s...

6 Aug 15min

Progressive El-Sayed Projected to Win Primary; Houthi Threat amid Hormuz Talks

Progressive El-Sayed Projected to Win Primary; Houthi Threat amid Hormuz Talks

Today's top stories, with context, in just 15 minutes. On today's podcast: 1) Abdul El-Sayed is projected to win the Democratic US Senate primary in Michigan, according to NBC, defeating Representat...

5 Aug 22min

Trump Promises "Last Chance" for Iran; Michigan's Primary Progressive Test

Trump Promises "Last Chance" for Iran; Michigan's Primary Progressive Test

Today's top stories, with context, in just 15 minutes.On today's podcast:1) Oil rose after its biggest drop in a week, as President Trump said his latest offer of talks is Tehran’s “last chance” and t...

4 Aug 15min

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