Daybreak Weekend: Shutdown Averted, Autumn Statement, Fentanyl Crisis

Daybreak Weekend: Shutdown Averted, Autumn Statement, Fentanyl Crisis

Bloomberg Daybreak Weekend with Tom Busby takes a look at some of the stories we'll be tracking in the coming week.

1) Earnings continue...one big company reporting this week is Nvidia. According to Bloomberg Intelligence...Nvidia is likely to report another beat in its fiscal 3Q earnings results and guidance.

2) In the UK: Chancellor of the Exchequer Jeremy Hunt likely has limited scope to ease fiscal policy in his upcoming Autumn Statement. Bloomberg Economics expects near-term growth and inflation impact of the Autumn Statement will be broadly neutral.

3) In Asia: The Biden administration’s decision to remove a Chinese organization from a sanctions list as part of a deal to combat the fentanyl crisis marks an unusual concession to Beijing’s complaints over US trade restrictions.

4) In Washington: President Joe Biden signed a stopgap bill to extend government funding into early 2024, averting a government shutdown for now but kicking a politically-divisive debate over federal spending into a presidential election year.

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Daybreak Weekend: The Double Dip, UK Housing, Korea Data, House Budget Battle

Daybreak Weekend: The Double Dip, UK Housing, Korea Data, House Budget Battle

Bloomberg Daybreak Weekend with Tom Busby takes a look at some of the stories we'll be tracking in the coming week. 1) US Equities 2024 Outlook: The Double Dip 2) Falling house prices could worsen the...

25 Nov 202333min

Israel-Hamas Gaza Truce Begins, Barclays Cuts & Billionaires Shun UK Property

Israel-Hamas Gaza Truce Begins, Barclays Cuts & Billionaires Shun UK Property

Your morning briefing, the business news you need in just 15 minutes. On today's podcast:(1) A temporary ceasefire in the war between Israel and Hamas has begun. An initial group of women and children...

24 Nov 202315min

Hunt's Boom Or Bust Offer, Dutch Far-Right Shock Win & Orban's $1B Nationalist Academy

Hunt's Boom Or Bust Offer, Dutch Far-Right Shock Win & Orban's $1B Nationalist Academy

Your morning briefing, the business news you need in just 15 minutes. On today's podcast:(1) Chancellor Jeremy Hunt will provide a £21 billion stimulus to the UK economy in the run-up to the next elec...

23 Nov 202318min

Israel Hamas Hostage Deal Agreed & Sam Altman Returns To OpenAI

Israel Hamas Hostage Deal Agreed & Sam Altman Returns To OpenAI

Your morning briefing, the business news you need in just 15 minutes. On today's podcast:(1) Israel and Hamas backed a deal that will free dozens of hostages from Gaza in return for a four-day pause i...

22 Nov 202320min

Hamas Chief Says Close to 'Truce', Open AI Altman Reunion Talks & Rates Crush Housing Markets

Hamas Chief Says Close to 'Truce', Open AI Altman Reunion Talks & Rates Crush Housing Markets

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Hamas chief Ismail Haniyeh said his group is close to reaching a "truce agreement" in talks with Qatar and...

21 Nov 202318min

OpenAI New CEO, Tax Cut Expectations & Hamas Hostage Release 'Closer'

OpenAI New CEO, Tax Cut Expectations & Hamas Hostage Release 'Closer'

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1)  OpenAI's board hired former Twitch chief Emmett Shear as chief executive officer, defying calls from inve...

20 Nov 202317min

Alphabet's CEO's China AI Warning, Hunt's Hardest Task & Rates Vs Yields

Alphabet's CEO's China AI Warning, Hunt's Hardest Task & Rates Vs Yields

On today's podcast: (1) Alphabet CEO Sundar Pichai said he expects China to be "at the forefront" of artificial intelligence, and said it's important for the US to collaborate with the Asian nation on...

17 Nov 202320min

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