Fed's Powell Speech at Jackson Hole; Meta Poaches Apple AI Executive

Fed's Powell Speech at Jackson Hole; Meta Poaches Apple AI Executive

On today's podcast:
1) US stocks are set to extend this week’s string of losses as investors stay risk-averse ahead of Federal Reserve Chair Jerome Powell’s Jackson Hole address, with markets scaling back bets on imminent rate cuts.
2) Meta Platforms Inc. is hiring another key Apple Inc. artificial intelligence executive, even as the social networking company prepares to slow its recruitment, according to people familiar with the matter.
3) Nvidia Corp. has instructed component suppliers including Samsung Electronics Co. and Amkor Technology Inc. to stop production related to the H20 AI chip, the Information reported, citing unidentified sources.

See omnystudio.com/listener for privacy information.

Avsnitt(1615)

Israel & Hamas Reach Gaza Deal; China Unveils New Rare Earth Curbs

Israel & Hamas Reach Gaza Deal; China Unveils New Rare Earth Curbs

On today's podcast: 1) Israel and Hamas have reached a deal for the release of all hostages held by the militant group in Gaza, a major step toward ending a two-year war that’s devastated the Palestin...

9 Okt 202516min

Gold Soars as US Shutdown Enters Day 8; French Premier Optimistic on Resolving Political Crisis

Gold Soars as US Shutdown Enters Day 8; French Premier Optimistic on Resolving Political Crisis

On today's podcast:1) The Trump administration’s push to deny back pay to federal workers furloughed during the shutdown sets the stage for another round of legal battles over the president’s control ...

8 Okt 202516min

Trump Opens Door to Shutdown Talks; National Guard Deployments Continue

Trump Opens Door to Shutdown Talks; National Guard Deployments Continue

On today's podcast:1) With the US government shutdown closing in on the one week mark, President Trump showed signs of cracking Monday, sending mixed messages about the state of talks with Democrats o...

7 Okt 202517min

French Premier Lecornu Resigns; Trump Pushes for Israel-Hamas Deal

French Premier Lecornu Resigns; Trump Pushes for Israel-Hamas Deal

On today's podcast:1) French Prime Minister Sebastien Lecornu resigned Monday just a day after President Emmanuel Macron named a new cabinet, deepening the country’s political crisis. The premier quit...

6 Okt 202521min

Special Coverage: Hamas Agrees To Release Israeli Hostages

Special Coverage: Hamas Agrees To Release Israeli Hostages

Hamas agreed to release the last of the hostages from its 2023 attack on Israel but said the rest of a US peace plan would be subject to negotiation, a stance that offered uncertain hopes for an end t...

4 Okt 202517min

Daybreak Weekend: Pfizer Deal, Nobel Peace, Golden Week

Daybreak Weekend: Pfizer Deal, Nobel Peace, Golden Week

Bloomberg Daybreak Weekend with Host 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 the impact of lumber and timber tariffs on housing,...

3 Okt 202537min

Shutdown Continues with Senate Vote Expected; US-China Trade "Breakthrough"

Shutdown Continues with Senate Vote Expected; US-China Trade "Breakthrough"

On today's podcast:1) The Senate is expected to hold another vote today on a stopgap spending bill to reopen the government into mid-November. It comes as President Trump threatens to slash jobs. The ...

3 Okt 202515min

Trump Plans Shutdown Job Cuts, OpenAI Valuation Soars to $500 Billion

Trump Plans Shutdown Job Cuts, OpenAI Valuation Soars to $500 Billion

On today's podcast:1) White House Budget Director Russell Vought is planning to swiftly dismiss federal workers, a sign that Republicans will lean into hardball tactics to pressure Democrats to cave t...

2 Okt 202515min

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