New 100% Drug Tariffs, Former FBI Chief Charged, NATO Warns Russia

New 100% Drug Tariffs, Former FBI Chief Charged, NATO Warns Russia

Your morning briefing, the business news you need in just 15 minutes.

On today's podcast:

(1) President Donald Trump announced a fresh round of tariffs, including a 100% duty on branded or patented pharmaceuticals starting October 1, unless a company is building a manufacturing plant in America.

(2) Former FBI Director James Comey was charged with lying to Congress and obstruction related to testimony he gave in 2020, accelerating President Donald Trump’s push for legal action against his perceived political enemies.

(3) European diplomats warned the Kremlin this week that NATO is ready to respond to further violations of its airspace with full force, including by shooting down Russian planes, according to officials familiar with the exchange.

(4) Lorie Logan, president of the Federal Reserve Bank of Dallas, has proposed replacing the central bank’s benchmark federal funds rate — the primary tool the central bank has used to steer the nation’s economy since the 1980s — with a much more widely used market bellwether.

(5) Volkswagen is curbing volumes and introducing temporary shutdowns at two German factories as demand for its electric vehicles grows more slowly than predicted.

(6) UK Prime Minister Keir Starmer will try to relaunch his stuttering administration with a speech Friday announcing a plan for compulsory digital identity cards to help combat illegal migration, while also making a progressive case for his premiership as it comes under threat from internal rivals.

Podcast Conversation: Ryder Cup Golf Rowdiness Is Keeping the Sport Fun: Adam Minter

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Episoder(1034)

Epstein Revelations Fallout, Gold Plunge Deepens, Mercedes Luxury Bet

Epstein Revelations Fallout, Gold Plunge Deepens, Mercedes Luxury Bet

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Daybreak Weekend: US Jobs, Winter Olympics, Japan Election

Daybreak Weekend: US Jobs, Winter Olympics, Japan Election

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31 Jan 37min

Trump Picks Kevin Warsh For Fed Chair, Iran Strike Options, $40B Succession Drama

Trump Picks Kevin Warsh For Fed Chair, Iran Strike Options, $40B Succession Drama

Your morning briefing. All the news you need to start your dayOn today's podcast:(1) The Trump administration is preparing for the president to nominate Kevin Warsh to be the next Federal Reserve chai...

30 Jan 19min

Big Tech’s Giant AI Bets, Gold Surges Above $5,500, Starmer Meets China’s Xi

Big Tech’s Giant AI Bets, Gold Surges Above $5,500, Starmer Meets China’s Xi

Your morning briefing. All the news you need to start your dayOn today's podcast:(1) The world’s largest tech firms show no signs of easing up on AI spending, a record wave that’s propelling hardware ...

29 Jan 17min

Trump Fuels Dollar Drop, Crypto Giant’s Gold Hoard, UK Business Courts China

Trump Fuels Dollar Drop, Crypto Giant’s Gold Hoard, UK Business Courts China

Your morning briefing. All the news you need to start your dayOn today's podcast:(1) President Donald Trump’s relaxed tone about the dollar selloff is fuelling speculation the US currency is at the st...

28 Jan 16min

Starmer Interview Exclusive, Minnesota Trump Pullback, EU-India Trade Deal

Starmer Interview Exclusive, Minnesota Trump Pullback, EU-India Trade Deal

Your morning briefing. All the news you need to start your dayOn today's podcast:(1) Prime Minister Keir Starmer said the UK wouldn’t have to choose between the US and China, as he heralded “signific...

27 Jan 19min

US Immigration Backlash, Gold Surges Past $5,000, Europe’s Defense Challenge

US Immigration Backlash, Gold Surges Past $5,000, Europe’s Defense Challenge

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) Senate Republican leaders plan to reject Democratic demands to split off funding for the Department of Homel...

26 Jan 19min

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

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

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 Tesla and some of the biggest name...

23 Jan 39min

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