US-China Trade Talks and TikTok; Hochul Endorses Mamdani

US-China Trade Talks and TikTok; Hochul Endorses Mamdani

On today's podcast:
1) US and Chinese representatives discussed TikTok, trade and the economy during high-level talks in Madrid. The talks included national security issues and the status of ByteDance's TikTok, which faces a deadline to reach a deal to continue operations in the US.
2) China ruled that Nvidia violated anti-monopoly laws with a 2020 deal, increasing pressure on Washington during trade negotiations. The State Administration for Market Regulation found Nvidia in violation of antitrust regulations after its acquisition of Mellanox Technologies. The regulator will investigate further, but did not specify what remedies it would seek, after Nvidia's shares fell in pre-market trading following the announcement.
3) New York Governor Kathy Hochul has endorsed Democratic nominee Zohran Mamdani for mayor of New York City. Hochul wrote that she and Mamdani will be fearless in confronting the president's extreme agenda and that she is confident Mamdani has the courage and urgency New York City needs.

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Episoder(1622)

Winter Storm Pummels East Coast; Dems Threaten Shutdown After Latest Minneapolis Killing

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Daybreak Weekend: US Tech, UK PM Visits China, Apple Earnings

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Trump Drops Tariff Threat After ‘Framework’ Greenland Deal; Supreme Court Appears Wary of Bid to Fire Fed’s Cook

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22 Jan 19min

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Greenland Talks Loom Over Davos; Bessent Says Fed Pick Could Come as Soon as Next Week

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On today's podcast:1) President Trump said he will meet with several parties over his ambition to take control of Greenland during the upcoming World Economic Forum. Trump said in a Truth Social post ...

20 Jan 15min

Daybreak Holiday: Stock Market Records, Fed Independence, The Future of DEI

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