China Confirms Trade Framework; Stocks on Brink of Record Highs

China Confirms Trade Framework; Stocks on Brink of Record Highs

1) China said it has further confirmed details of a trade framework with Washington, echoing US Commerce Secretary Howard Lutnick’s earlier comments about a US-China agreement that stabilized ties.
2) Stocks gained as the US moved closer to trade deals with China and other major trading partners, while expectations are rising for Federal Reserve interest-rate cuts this year.
3) The Treasury Department announced a deal with G-7 allies that will exclude US companies from some taxes imposed by other countries in exchange for removing the Section 899 “revenge tax” proposal from President Donald Trump’s tax bill.

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Episoder(1627)

Instant Reaction: Trump Touts 'Turnaround' in State of the Union

Instant Reaction: Trump Touts 'Turnaround' in State of the Union

President Donald Trump delivered the longest State of the Union address of the television age Tuesday, declaring “a turnaround for the ages” as he tried to sell Americans on his economic program ahead...

25 Feb 19min

Record Blizzard Cleanup; Trump’s 10% Levy Takes Effect

Record Blizzard Cleanup; Trump’s 10% Levy Takes Effect

Today's top stories, with context, in just 15 minutes.On today's podcast:1) A powerful winter storm started to taper off across the Northeast Monday evening after smashing records and dropping more th...

24 Feb 21min

Winter Storm Pummels East Coast; Tariff Defeat Tests Trade Deals

Winter Storm Pummels East Coast; Tariff Defeat Tests Trade Deals

Today's top stories, with context, in just 15 minutes.On today's podcast:1) A powerful winter storm has isolated New York City and hobbled transport networks, threatening to be among its worst on reco...

23 Feb 21min

Daybreak Weekend: Nvidia Earnings, UK Special Election, Modi Israel Visit

Daybreak Weekend: Nvidia Earnings, UK Special Election, Modi Israel Visit

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 from chipmaker Nvidia along with a focu...

20 Feb 38min

Instant Reaction: Trump's Global Tariffs Struck Down By Supreme Court

Instant Reaction: Trump's Global Tariffs Struck Down By Supreme Court

The US Supreme Court struck down President Donald Trump’s sweeping global tariffs, undercutting his signature economic policy and delivering his biggest legal defeat since he returned to the White Hou...

20 Feb 29min

Trump Pushes Iran on Deal; Former Prince Andrew Released After Arrest

Trump Pushes Iran on Deal; Former Prince Andrew Released After Arrest

Today's top stories, with context, in just 15 minutes.On today's podcast:1) The US military is stationing a vast array of forces in the Middle East, including two aircraft carriers, fighter jets and r...

20 Feb 14min

US Ratchets Up Iran Pressure; OpenAI Funding to Top $100 Billion

US Ratchets Up Iran Pressure; OpenAI Funding to Top $100 Billion

On today's podcast:1) While both the US and Iran have sounded cautiously upbeat about the latest round of diplomatic talks between the nations, analysts believe that strikes on Iranian targets remain ...

19 Feb 14min

US & Iran Hail Progress; Ukraine and Russia Resume Talks

US & Iran Hail Progress; Ukraine and Russia Resume Talks

Today's top stories, with context, in just 15 minutes.On today's podcast:1) The US and Iran made progress in nuclear talks in Geneva on Tuesday, with Tehran’s negotiators scheduled to return with a ne...

18 Feb 16min

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