US Debt Concern After Tax Bill's Passage; President Trump's Harvard Fight

US Debt Concern After Tax Bill's Passage; President Trump's Harvard Fight

On today's podcast:


1) President Trump's tax cut bill heads to the Senate, but it may have to satisfy bond markets first. Bonds and the dollar rose, with 30-year yields falling after approaching levels last seen in 2007, as investors worried about the US's surging debt load and fiscal concerns.


2) The White House ramps up its fight with Harvard, blocking foreign students from enrolling. The Trump administration has revoked Harvard University's ability to enroll international students, making up about 27% of the student body, citing the university's failure to condemn antisemitism. The move is seen as a direct attack on Harvard's revenue source, tuition, and may prompt the university to seek a temporary restraining order to block the ban.


3) A new survey says U-S businesses will be hardest hit by President Trump's tariffs. US businesses are the most worried about the impact of President Donald Trump’s shifting tariff policies on their revenues, with more than half projecting a hit of at least 25% to their revenue, according to a survey by HSBC Holdings Plc.

See omnystudio.com/listener for privacy information.

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Episoder(1820)

Daybreak Weekend: US Housing, Germany Summit, BOK Decision

Daybreak Weekend: US Housing, Germany Summit, BOK Decision

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Warsh Boosts Rate Hold Expectations; Midterm Debates Ramp Up Nationwide

Warsh Boosts Rate Hold Expectations; Midterm Debates Ramp Up Nationwide

Today's top stories, with context, in just 15 minutes.On today's podcast:1) Federal Reserve Chairman Kevin Warsh did nothing to dispel market expectations that the US central bank will hold interest r...

16 Okt 22min

Zelenskyy Defies Trump; Leakers 'Should Be Shot' Says President

Zelenskyy Defies Trump; Leakers 'Should Be Shot' Says President

Today's top stories, with context, in just 15 minutes.On today's podcast:1) Ukrainian President Volodymyr Zelenskyy has ordered attacks on Russian oil refineries to resume in a spiraling confrontation...

15 Okt 16min

Midterm Debates Heat Up; Russia-Ukraine Energy Ceasefire in Limbo

Midterm Debates Heat Up; Russia-Ukraine Energy Ceasefire in Limbo

Today's top stories, with context, in just 15 minutes. On today's podcast: 1) A series of Midterm debates took place Tuesday night across the country, with Election Day just weeks away. In New Yor...

14 Okt 16min

Trump Dismisses Iran Aid Concerns; Houthis Continue Saudi Attacks

Trump Dismisses Iran Aid Concerns; Houthis Continue Saudi Attacks

Today's top stories, with context, in just 15 minutes. On today's podcast: 1) President Trump dismissed concerns that Russia and China might be helping Iran in its war with the US, adding that the...

13 Okt 13min

Deadly Houthi Strike Raises War Risks; Judge Halts Trump TV Ads

Deadly Houthi Strike Raises War Risks; Judge Halts Trump TV Ads

Today's top stories, with context, in just 15 minutes. On today's podcast: 1) Houthi militants targeted airports across Saudi Arabia, killing at least 14 people and wounding hundreds in two separa...

12 Okt 15min

BONUS SERIES: Levittown Episode 3  |  The Hunter

BONUS SERIES: Levittown Episode 3 | The Hunter

It’s not just Levittown. The website hosting the doctored photos is the nexus of campaigns to harass women across the world. A victim in New Zealand helps to spark a global battle against the site and...

11 Okt 32min

Daybreak Weekend: US Bank Earnings, Brussels Summit, Japan Sports Day

Daybreak Weekend: US Bank Earnings, Brussels Summit, Japan Sports Day

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 U.S bank earnin...

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