Trump Visits Fed HQ, Downplays Clash With Powell; Intel Shares Slide on Turnaround Concerns

Trump Visits Fed HQ, Downplays Clash With Powell; Intel Shares Slide on Turnaround Concerns

On today's podcast:
1) Federal Reserve Chair Jerome Powell is smack in the middle of one of President Donald Trump’s preferred attack strategies — flooding the zone.
2) Intel Corp. tumbled in late trading after Chief Executive Officer Lip-Bu Tan sparked concerns that he was more focused on cost cutting than restoring the chipmaker’s technological edge.
3) Paramount Global’s merger with Skydance Media was approved by the US Federal Communications Commission, which backed the deal after the Trump administration extracted concessions on the news and entertainment company’s political coverage and diversity practices.

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Episoder(1603)

Trump Strikes Trade Deal With Japan, Microsoft Warns of Nuclear Security Hack

Trump Strikes Trade Deal With Japan, Microsoft Warns of Nuclear Security Hack

On today's podcast: 1) President Donald Trump reached a trade deal with Japan that will impose 15% tariffs on imports including automobiles from the key American ally, while creating a $550 billion fu...

23 Jul 202516min

Bessent Calls for Fed Building Review; Stocks at All-Time Highs

Bessent Calls for Fed Building Review; Stocks at All-Time Highs

On today's podcast: 1) Treasury Secretary Scott Bessent said in a social media post Monday that there should be a review of the decision to renovate parts of the Federal Reserve headquarters in Washin...

22 Jul 202516min

US-EU Trade Deal Concerns; Trump Responds to Powell Report

US-EU Trade Deal Concerns; Trump Responds to Powell Report

On today's podcast:1) The European Union prepares for the worst as it races to secure a trade deal with the US. European Union and US negotiators are heading into another week of intensive talks to cl...

21 Jul 202516min

Daybreak Weekend:  Tesla Earnings, ECB Decision, Japan Election

Daybreak Weekend: Tesla Earnings, ECB Decision, Japan Election

Bloomberg Daybreak Weekend with Tom Busby take a look at some of the stories we'll be tracking in the coming week. In the US – a look ahead to housing data and earnings from Tesla. In the UK – a look...

18 Jul 202539min

Trump Calls for Release of Epstein Jury Documents; Powell Answers Criticism of Fed Renovations

Trump Calls for Release of Epstein Jury Documents; Powell Answers Criticism of Fed Renovations

On today's podcast: 1) US President Donald Trump authorized the Justice Department to seek the release of grand jury testimony from the prosecution of Jeffrey Epstein, bowing to mounting pressure from...

18 Jul 202517min

Instant Reaction: Netflix Tops Wall Street Estimates

Instant Reaction: Netflix Tops Wall Street Estimates

While rival media companies are unloading assets and cutting costs, Netflix Inc. continues to thrive. The owner of the world’s most popular paid streaming service on Thursday reported second-quarter r...

17 Jul 202516min

Trump-Powell Firing Drama Rattles Markets; Senate Passes DOGE Cuts

Trump-Powell Firing Drama Rattles Markets; Senate Passes DOGE Cuts

On today's podcast: 1) President Donald Trump said he’s not planning to fire Jerome Powell, and still managed to make it sound like a threat. 2) Republicans are set to succeed in their decades-long qu...

17 Jul 202517min

Trump Threatens Drug Tariffs; Hassett Frontrunner For Fed Chair

Trump Threatens Drug Tariffs; Hassett Frontrunner For Fed Chair

On today's podcast: 1) President Donald Trump said he was likely to impose tariffs on pharmaceuticals as soon as the end of the month and that levies on semiconductors could come soon as well, suggest...

16 Jul 202515min

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