Border Deal Unlikely; Nevada Primary; NYCB Cut to Junk by Moody’s
Bloomberg Daybreak: US Edition7 Feb 2024

Border Deal Unlikely; Nevada Primary; NYCB Cut to Junk by Moody’s

On today's podcast:

1) President Joe Biden blamed Donald Trump for sinking a bipartisan immigration and Ukraine aid bill, saying the Republican frontrunner pressured members of his party to reject it in order to gain an advantage in the November election.

2) Nikki Haley suffered an embarrassing loss in the largely symbolic Republican Nevada presidential primary on Tuesday, while President Joe Biden secured an easy victory in the state’s Democratic vote.

3) New York Community Bancorp’s credit grade was cut to junk by Moody’s Investors Service less than a week after the regional lender alarmed shareholders by slashing payouts and stockpiling reserves to cover troubled loans tied to commercial real estate.

4) Walt Disney Co.’s ESPN, Fox Corp. and Warner Bros. Discovery Inc. are joining forces to launch a sports-focused streaming service that will feature major college and pro games usually seen only on traditional TV.

See omnystudio.com/listener for privacy information.

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