Jackson Hole Points to Hard Road Ahead for Powell; Wall Street Awaits Nvidia Earnings

Jackson Hole Points to Hard Road Ahead for Powell; Wall Street Awaits Nvidia Earnings

On today's podcast:
1) The Federal Reserve's Jackson Hole symposium was a tense affair, with Chair Jerome Powell signaling an interest-rate cut as soon as the next policy meeting in September, despite clear divisions among policymakers.
2) Traders are breathing easier heading into this week after Federal Reserve Chair Jerome Powell indicated that interest rate cuts are coming. The next test for the stock market will be a read on what’s been driving gains for the past few years: artificial intelligence euphoria.
3) SpaceX delayed a critical test flight of its massive Starship rocket roughly half an hour before liftoff on Sunday, saying it needed to troubleshoot an unspecified problem with its ground systems.

See omnystudio.com/listener for privacy information.

Episoder(1662)

DC Gala Attack Latest, US-Iran Talks at Stalemate

DC Gala Attack Latest, US-Iran Talks at Stalemate

Today's top stories, with context, in just 15 minutes.On today's podcast:1) The man accused of storming the White House Correspondents’ Dinner spent years quietly acquiring his arsenal, purchasing a s...

27 Apr 24min

Daybreak Weekend: Fed Preview & Tech Earnings, Bank of England Decision, Japan's Golden Week

Daybreak Weekend: Fed Preview & Tech Earnings, Bank of England Decision, Japan's Golden Week

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 – we preview the Federal Reserve's rate decision and big tech earn...

24 Apr 38min

Trump Pressures Iran on Blockade; Intel Shares Surge on Earnings

Trump Pressures Iran on Blockade; Intel Shares Surge on Earnings

On today's podcast: 1) The US increased pressure on Iran with its naval blockade, as it seeks to get Tehran to agree to talks. The US naval operation has caused many Iran-linked vessels to turn arou...

24 Apr 15min

 Deadlock in US-Iran Peace Talks; Navy Secretary Fired

Deadlock in US-Iran Peace Talks; Navy Secretary Fired

Today's top stories, with context, in just 15 minutes.On today's podcast:1) The US and Iran are locked in a battle for control of the Strait of Hormuz after failing to meet for a fresh round of peace ...

23 Apr 15min

Iran Peace Deal in Limbo; Redistricting Passes in Virginia

Iran Peace Deal in Limbo; Redistricting Passes in Virginia

Today's top stories, with context, in just 15 minutes.On today's podcast:1) President Trump indefinitely extended a ceasefire with Iran as peace talks remain on hold, walking back threats to resume fi...

22 Apr 15min

Instant Reaction: Trump Extends Iran Truce, Maintains Blockade as Talks Falter

Instant Reaction: Trump Extends Iran Truce, Maintains Blockade as Talks Falter

President Donald Trump announced he was extending a ceasefire with Iran indefinitely a day before it was set to expire, even as plans for a fresh round of talks between the two countries fell apart. I...

21 Apr 20min

Trump: No Truce Extension for Iran; Apple Announces New CEO

Trump: No Truce Extension for Iran; Apple Announces New CEO

Today's top stories, with context, in just 15 minutes.On today's podcast:1) President Trump signaled he is unlikely to extend a two-week ceasefire with Iran that’s set to expire in two days. The presi...

21 Apr 16min

US Seizes Iranian Ship; Japan Tsunami Warning

US Seizes Iranian Ship; Japan Tsunami Warning

Today's top stories, with context, in just 15 minutes.On today's podcast:1) President Trump and Iranian officials offered disparate views on the next stage of the war, casting uncertainty over whether...

20 Apr 21min

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