Bloomberg Daybreak Weekend with Tom Busby takes a look at some of the stories we'll be tracking in the coming week. In the US – a preview of U.S CPI and Retail sales data, and a look ahead to earnings from Adobe and Oracle. In the UK - a look ahead to a major real estate conference on the French riveria In Asia – a preview of Hon Hai and CATL earnings. See omnystudio.com/listener for privacy information....
Mar 09, 2024•39 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) President Joe Biden sought to breathe new life into his reelection rematch against Donald Trump, delivering a spirited and sharply political State of the Union speech that sparred with Republicans and targeted an opponent he didn’t ever name. (2) Federal Reserve Chair Jerome Powell suggested the central bank is getting close to the confidence it needs to start lowering interest rates. (3) Over the past ...
Mar 08, 2024•25 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Chancellor Jeremy Hunt has handed millions of British workers a £10 billion a year tax cut paid for by stealing Labour's flagship policies and squeezing public services as he drew political battle lines for the upcoming election. (2) Britain's budget watchdog said a hit to the economy from leaving the European Union is unfolding as it expected. The Office for Budget Responsibility says its long-running ...
Mar 07, 2024•17 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Jeremy Hunt plans to put personal tax cuts at the center of his annual budget on Wednesday as he navigates tight public finances to deliver on Conservative demands for a pre-election giveaway to boost the ailing governing party’s standing with voters. (2) President Joe Biden and Republican frontrunner Donald Trump are set for a rematch in a general election race that few Americans are excited about and ...
Mar 06, 2024•16 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) There’s a new sense of optimism in the UK as a global investment destination ahead of a general election later this year. A two-month investigation by Bloomberg Radio's Caroline Hepker has many of London's business elite increasingly upbeat about the future of the economy. (2) China set its annual growth target at around 5%, raising expectations for the nation’s top leaders to unleash more stimulus as t...
Mar 05, 2024•23 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) UK Chancellor of the Exchequer Jeremy Hunt said his budget will be "prudent" and "responsible," as he tried to temper expectations of Conservative MPs who want eye-catching tax cuts to give their party a pre-election boost. (2) Bond investors are positioning for a potential rise in inflation if Chancellor of the Exchequer Jeremy Hunt cedes to pressure to deliver pre-election giveaways in this week's spr...
Mar 04, 2024•16 min
Bloomberg Daybreak Weekend with Tom Busby takes a look at some of the stories we'll be tracking in the coming week. In the US - Jobs Report, Jay Powell on Capitol Hill and Target earnings In the UK - the government is preparing to present its tax and spending plans for the coming year In Asia - China's top political advisory body and legislature will be gathering for their annual two sessions See omnystudio.com/listener for privacy information....
Mar 02, 2024•37 min
The UK’s reputation as a global investment destination hit rock bottom last April, when Microsoft President Brad Smith said The European Union was a more attractive place to start a business. Yet 10 months later, A host of FTSE100 CEOs tell us confidence is recovering. And for all the talk of British decline, official figures suggest the UK remains the top investment destination after the US, trumping even China. Our Bloomberg Radio anchor Caroline Hepker has spent the past two months talking to...
Mar 01, 2024•41 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Left-wing disrupter George Galloway won a seat in the UK Parliament in a special election that underscored how the Israel-Hamas war has exacerbated community tensions and sowed division across British politics. (2) Scores of Palestinians were killed and injured on Thursday during an outbreak of violence in which Israeli troops opened fire near a convoy of food trucks attempting to deliver humanitarian a...
Mar 01, 2024•17 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) The Supreme Court’s decision to take up Donald Trump’s bid for immunity from criminal prosecution raises the prospect that a trial to hold him accountable for trying to overturn the 2020 election could face a lengthy delay — potentially until after the November election. (2) Senate Republicans have to choose just how loyal to Donald Trump they want their next leader to be in the wake of Mitch McConnell’...
Feb 29, 2024•17 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Wall Street's biggest banks have seen staffing levels surge in Paris despite the fact that many of those firm's top bosses feel constrained by the country's strict labor laws. (2) Apple is cancelling a decade long effort to build an electric car, according to people with knowledge of the matter, abandoning one of the most ambitious projects in the history of the company. (3) Central bankers around the w...
Feb 28, 2024•23 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Sweden has cleared the final obstacle to gaining NATO membership in a move that will solidify the alliance's grip over Northern Europe and the Baltic region. (2) China's state-backed funds have poured more than 410 billion yuan ($57 billion) into onshore shares this year in a bid to prop up the market, according to estimates by UBS which expects further purchases. (3) Fast-fashion company Shein is consi...
Feb 27, 2024•16 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) As the best hedge fund strategy of 2023 becomes a magnet for mainstream investors, the risk models it relies on are getting a lot tougher to crack. (2) Warren Buffett's Berkshire Hathaway says its cash pile scaled a new record as the billionaire investor decried a lack of meaningful deals that would give the firm a shot at "eye-popping performance." (3) Ukrainian President Volodymyr Zelenskiy said his c...
Feb 26, 2024•16 min
Bloomberg Daybreak Weekend with Tom Busby takes a look at some of the stories we'll be tracking in the coming week. In the US - Lowes earnings and fresh economic data In the UK - Its the Mobile World Congress in Barcelona In Asia - Baidu earnings are on tap See omnystudio.com/listener for privacy information.
Feb 24, 2024•38 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Nvidia’s surge to an all-time high is the biggest single-session increase in market value in history, besting Meta’s historic gain just three weeks ago. (2) Former Treasury Secretary Larry Summers is warning that financial markets are underestimating the risks of political and social turmoil around the world. (3) Three top Federal Reserve officials hammered home the message Thursday that the US central ...
Feb 23, 2024•16 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: Nvidia surged in late trading after delivering another eye-popping sales forecast, adding fresh momentum to a stock rally that already made it the world's most valuable chipmaker. Minutes from the Federal Reserve's latest gathering show most officials remained more worried about the risk of cutting interest rates too soon than keeping them high for too long and damaging the economy. Beth Hammack had been bi...
Feb 22, 2024•21 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) The US has told allies that Russia could deploy a nuclear weapon or a mock warhead into space as early as this year, according to people familiar with the matter. (2) As Russia's war in Ukraine enters a third year, President Vladimir Putin's forces have shifted to the offensive and captured the eastern city of Avdiivka after months of fighting. In a conflict where momentum has ebbed and flowed, the mood...
Feb 21, 2024•19 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Barclays says it will go on a major cost-cutting drive as part of efforts to boost returns above 12% in the coming years, ending months of speculation about the future direction of one of Europe's largest investment banks. (2) Capital One has agreed to buy Discover in in a $35 billion all-stock deal to create the largest US credit card company by loan volume, giving the combined entity a stronger footho...
Feb 20, 2024•16 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) After decades of occupying different business areas, the last two remaining banks with links to the storied Rothschild name are encroaching on each other's territory. (2) Capital One has agreed to buy Discover in in a $35 billion all-stock deal to create the largest US credit card company by loan volume, giving the combined entity a stronger foothold to compete with Wall Street's behemoths. (3) China ha...
Feb 20, 2024•17 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) The Bank of England risks deepening the UK's recession if it doesn't pivot to interest rate cuts soon, its former chief economist Andy Haldane warned in an interview with Bloomberg Radio. (2) Apple will face a European Union fine close to €500 million over the regulator's investigation into allegations it silenced music-streaming rivals, including Spotify on its platforms. (3) High-earning British banke...
Feb 19, 2024•22 min
Bloomberg Daybreak Weekend with Tom Busby takes a look at some of the stories we'll be tracking in the coming week. In the US - we look ahead to Nvidia earnings and minutes from the Fed In the UK - we preview this season of European fashion weeks. They're expected be as glamorous as ever, with the fashion elite descending on London, then Milan, and then Paris. In Asia - looks at what we can expect from the minutes of the Reserve Bank of Australia See omnystudio.com/listener for privacy informati...
Feb 17, 2024•39 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Apple, racing to add more artificial intelligence capabilities, is nearing the completion of a critical new software tool for app developers that would step up competition with Microsoft. (2) Keir Starmer's poll-leading opposition Labour Party overturned significant majorities to win two parliamentary seats from Rishi Sunak's governing Conservative Party, denting the prime minister's hopes of wrestling ...
Feb 16, 2024•19 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Britain fell into a technical recession in the second half of 2023. GDP shrank 0.3% in the fourth quarter, pushing the UK into a shallow economic dip. (2) Israeli Prime Minister Benjamin Netanyahu has opted not to send a delegation to Cairo for follow-up talks aimed at securing a cease-fire with Hamas, again dismissing the militant group’s demands as “delusional.” (3) Vladimir Putin praised Joe Biden as...
Feb 15, 2024•15 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: Israeli Prime Minister Benjamin Netanyahu has opted not to send a delegation to Cairo for follow-up talks aimed at securing a cease-fire with Hamas, again dismissing the militant group’s demands as “delusional.” Vladimir Putin praised Joe Biden as a more reliable alternative for Russia than Donald Trump, making his first public comments on the American presidential election. Donald Trump is considering scal...
Feb 15, 2024•17 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) US consumer prices jumped at the start of the year, stalling recent disinflation progress and likely delaying any Federal Reserve interest-rate cuts. (2) The global bond rally that started in December with the hope that the Federal Reserve had finally pivoted to favor interest-rate cuts has evaporated. (3) UK inflation data will likely show that both the headline and services figures accelerated in Janu...
Feb 14, 2024•20 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) UK wage growth slowed less than expected in the fourth quarter, underscoring the Bank of England's caution against moving too quickly to cut interest rates. (2) Arm Holdings Plc soared again on Monday, extending a three-day rally that has driven its value up almost 100%, after a blockbuster earnings report last week showed artificial intelligence spending is bolstering sales. (3) US President Joe Biden ...
Feb 13, 2024•17 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) US President Joe Biden said he's pushing for a six-week pause in fighting between Israel and Hamas to allow for the release of hostages, saying those conditions could lay the groundwork for broader peace. (2) Bond traders have come more in line with the Federal Reserve's trajectory for the upcoming easing cycle. Strategists at Citigroup Inc. say what's missing now is traders hedging the risk of a very b...
Feb 13, 2024•17 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Donald Trump's comments over the weekend that he once told a European leader he'd abandon NATO members to a Russian invasion if they hadn't met defense-spending commitments have renewed talk about what a second term would mean for allies. (2) Israel's military conducted strikes early Monday morning on the city of Rafah in the southern Gaza Strip, where more than 1 million people have sought shelter from...
Feb 12, 2024•17 min
Bloomberg Daybreak Weekend with Tom Busby takes a look at some of the stories we'll be tracking in the coming week. In the US - we look ahead to inflation data and Coca-Cola earnings In the UK - we discuss geopolitics ahead of the Munich Security Conference In Asia - key eco data is in focus as the BOJ weighs ending its interest rate policy See omnystudio.com/listener for privacy information.
Feb 10, 2024•39 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) President Vladimir Putin said Russia hasn't achieved its objectives in Ukraine yet, adding in an interview with former Fox News host Tucker Carlson that he would consider negotiations if the US stops supplying weapons to Kyiv. (2) President Joe Biden forcefully — and at times angrily — sought to combat suggestions his acuity was declining in a hastily-arranged press conference Thursday night. But the 81...
Feb 09, 2024•17 min