Trump-Powell Firing Drama Rattles Markets; Senate Passes DOGE Cuts

Trump-Powell Firing Drama Rattles Markets; Senate Passes DOGE Cuts

On today's podcast:
1) President Donald Trump said he’s not planning to fire Jerome Powell, and still managed to make it sound like a threat.
2) Republicans are set to succeed in their decades-long quest to end federal funding for public broadcasting after the Senate passed a $9 billion package of cuts derived from Elon Musk’s Department of Government Efficiency effort.
3) President Donald Trump said he would send letters to more than 150 countries notifying them their tariff rates could be 10% or 15% as he forges ahead with his trade agenda.

See omnystudio.com/listener for privacy information.

Avsnitt(1609)

Israel Poised to Storm Gaza City; Trump's Surprise Fed Pick

Israel Poised to Storm Gaza City; Trump's Surprise Fed Pick

On today's podcast: 1) Israel's security cabinet approves a military takeover of Gaza City. Israeli Prime Minister Benjamin Netanyahu secured cabinet approval for a military takeover of Gaza City, des...

8 Aug 202516min

Major US Tariff Rates Take Effect; Trump-Putin Summit Scheduled

Major US Tariff Rates Take Effect; Trump-Putin Summit Scheduled

1) President Trump's tariffs take effect at their highest levels since World War 2. President Trump’s actions will push the average US tariff rate to 15.2%, according to Bloomberg Economics estimates,...

7 Aug 202517min

Trump Tariff Deadline Nears; Trump Fed Governor Decision Soon

Trump Tariff Deadline Nears; Trump Fed Governor Decision Soon

On today's podcast: 1) President Donald Trump said he’d impose increased tariffs on countries buying energy from Russia while clarifying that levies on semiconductor and pharmaceutical imports would b...

6 Aug 202517min

Trump Vows to Ramp Up India Tariffs; Texas Governor Orders Arrest of Democrats

Trump Vows to Ramp Up India Tariffs; Texas Governor Orders Arrest of Democrats

On today's podcast: 1) President Donald Trump said he would be “substantially raising” the tariff on Indian exports to the US over the Asian nation’s purchases of Russian oil, a move New Delhi sla...

5 Aug 202516min

Trump to Name New Fed Governor; Boeing Workers Strike

Trump to Name New Fed Governor; Boeing Workers Strike

On today's podcast: 1) President Donald Trump said he will announce a new Federal Reserve governor and a new jobs data statistician in the coming days, two appointments that may shape his economic...

4 Aug 202516min

Daybreak Weekend: Disney Earnings, BP Reports, Apple India Shift

Daybreak Weekend: Disney Earnings, BP Reports, Apple India Shift

Bloomberg Daybreak Weekend with Tom Busby 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 Walt Disney and Uber. In the UK – a look a...

1 Aug 202538min

Trump Tariffs Send Stocks Lower; Amazon Falls & Apple Gains on Earning

Trump Tariffs Send Stocks Lower; Amazon Falls & Apple Gains on Earning

On today's podcast: 1) Markets take a hit as President Trump unleashes a wave of new tariff rates. The world is facing some of the steepest US tariffs since the 1930s, with an average of 15%, accordin...

1 Aug 202522min

Microsoft, Meta Post Big Gains; President Trump Announces Tariff Deals

Microsoft, Meta Post Big Gains; President Trump Announces Tariff Deals

On today's podcast: 1) Tech stocks surge after blowout quarters by Microsoft and Meta, and more Mag 7 earnings on tap as Apple and Amazon report today. Microsoft shares gained more than 8% in after-ho...

31 Juli 202521min

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