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 be announced “within the next week or so.” (2) Swiss President Karin Keller-Sutter arrived in Washington to make a last-minute bid for a deal to lower the 39% tariff imposed last week by Donald Trump. (3) The outlook for Wall Street bonuses is improving, with payouts now set to rise across most sect...
Aug 06, 2025•16 min
Your morning briefing, the business news you need in just 15 minutes. 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 slammed as unjustified in an escalating fight between the two major economies. (2) The Swiss government said it is determined to win over the US on trade after last week’s shock announcement of 39% tariffs on exports to America. (3) Tes...
Aug 05, 2025•15 min
Your morning briefing, the business news you need in just 15 minutes. 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 agenda amid anxiety over the trajectory of global growth. (2) US stock futures advanced as equity investors took some positives from increased expectations for Federal Reserve interest-rate cuts following Friday’s weak US payrolls d...
Aug 04, 2025•19 min
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 ahead to earnings from BP. In Asia – a look at ahead to how US smartphone production will be impacted by Apple’s shift towards India, along with an outlook for China property. See omnystudio.com/listener for privacy information....
Aug 01, 2025•39 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) President Donald Trump unveiled a slew of new tariffs that boosted the average US rate on goods from across the world, forging ahead with his turbulent effort to reshape international commerce. (2) Copper traders are rushing to book up storage space in a bet that US President Donald Trump’s shock decision not to tariff the main traded form of the metal will prompt a wave of copper into warehouses on the...
Aug 01, 2025•21 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Meta is taking advantage of its lucrative advertising business and stepping up spending next year, with executives saying now is the time to seize on investment opportunities in artificial intelligence. (2) Microsoft said it will spend more than $30 billion in the current quarter to build out the data centers powering its artificial intelligence services. (3) Standard Chartered announced a fresh $1.3 bi...
Jul 31, 2025•20 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Hawaii and remote parts of California’s coast are bracing for tsunamis to hit within hours, after a powerful earthquake in Russia’s Far East triggered alerts across the Pacific. (2) US President Donald Trump is set to make the final call on maintaining a tariff truce with China before it expires in two weeks, an extension that would mark a continued stabilization in ties between the world’s two biggest ...
Jul 30, 2025•19 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) A gunman killed at least four people and himself at an office tower that houses Blackstone Inc., Rudin Management, the National Football League and KPMG among others, sparking hours of chaos and fear in Midtown Manhattan on Monday evening. (2) The European Union dodged an imminent trade war with the US this week, but markets and a growing chorus of critics have dispelled early hopes that the deal will b...
Jul 29, 2025•17 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) The US and European Union agreed on a hard-fought deal that will see the bloc face 15% tariffs on most of its exports, including automobiles, staving off a trade war that could have delivered a hammer blow to the global economy. (2) US and Chinese officials are meeting Monday to extend their tariff detente beyond a mid-August deadline, and haggle over other ways to further defuse trade tensions. (3) UK ...
Jul 28, 2025•17 min
While discussions of US tariff policies dominated Q2 earnings calls to an unprecedented degree, another equally important trend is bubbling just under the surface in C-suites and on trading floors: concern that the economic uncertainty caused by tariff turmoil may lead to a downturn. That’s the conclusion of the third edition of the CEO Radar—a tool to help CEOs determine which issues truly deserve their time and attention. It unpacks the leading topics discussed on more than 4,500 earnings call...
Jul 27, 2025•15 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 – a look ahead to a monetary policy decision from the Fed and earnings from some of the “Magnificent Seven” tech companies. In the UK – a look at President Trump’s trip to Scotland. In Asia – a look at ahead to China PMI data and a conversation on Asia tech investing. See omnystudio.com/listener for privacy information....
Jul 26, 2025•38 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Federal Reserve Chair Jerome Powell is smack in the middle of one of President Donald Trump’s preferred attack strategies — flooding the zone. (2) European Central Bank policymakers pushing for another cut in interest rates face an uphill battle, with inflation at 2% and the economy withstanding trade turbulence, according to people familiar with the matter. (3) LVMH sales fell as shoppers reined in pur...
Jul 25, 2025•16 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) The European Union and the US are progressing toward an agreement that would set a 15% tariff for most imports, according to diplomats briefed on the negotiations. (2) Top representatives from the European Union met with Chinese President Xi Jinping Thursday, opening their first in-person summit since 2023 that’s exposing a divide between the bloc and Beijing just months after earlier signs of a possibl...
Jul 24, 2025•22 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) President Donald Trump reached a trade deal with Japan that will impose 15% tariffs on US imports from the country, including its auto sector, while creating a $550 billion fund backed by the Japanese to make investments in America. (2) UniCredit dropped its bid for rival Banco BPM ending an eight-month standoff with its rival and the Italian government over the plan to create the country’s largest lend...
Jul 23, 2025•17 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) A cohort of the world’s largest asset managers is leaning harder into the rally in risk assets as US stocks push to fresh highs, defying persistent trade and geopolitical tensions. (2) Junk bond funds based in Europe saw their biggest weekly inflow of the year last week, as investors continue to pile into an asset class that offers relatively generous yields, stability and diversification away from the ...
Jul 22, 2025•17 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) European Union envoys are set to meet as early as this week to formulate a plan for measures to respond to a possible no-deal scenario with US President Donald Trump, whose tariff negotiating position is seen to have stiffened ahead of an Aug. 1 deadline. (2) The global economy started 2025 on a solid footing. Now the ground has shifted. We estimate the average US tariff rate has risen to 13.3% from 2.3...
Jul 21, 2025•17 min
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 housing data and earnings from Tesla. In the UK – a look ahead to the next ECB monetary policy decision. In Asia – a look at ahead to Japan’s upper house election. See omnystudio.com/listener for privacy information.
Jul 18, 2025•39 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Federal Reserve Governor Christopher Waller said policymakers should cut interest rates this month to support a labor market that is showing signs of weakness. (2) Federal Reserve Chair Jerome Powell in a Thursday letter countered criticisms leveled at the central bank by a top White House official over a $2.5 billion renovation project. (3) Some traders have placed wagers in the UK options market that ...
Jul 18, 2025•16 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Once again, President Donald Trump demonstrated his power to shake up global financial markets. This time, by returning to one of his favorite topics: whether to fire Federal Reserve Chair Jerome Powell. (2) The US President 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. (3) JPMorgan Chase keeps puttin...
Jul 17, 2025•22 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) French Prime Minister Francois Bayrou proposed scrapping two national holidays, part of a drastic effort to repair public finances that’s set to unleash a parliamentary backlash in the fall. (2) Chancellor of the Exchequer Rachel Reeves pledged to shake up post-crisis rules that are meant to shield consumers’ money from the vagaries of investment banking as the UK government looks to the finance sector ...
Jul 16, 2025•19 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Chancellor of the Exchequer Rachel Reeves will highlight plans to spur homeownership by easing access to mortgages in her flagship annual address to the City of London, a key moment for Britain’s finance minister as she seeks to bounce back from a rocky period that included a market-moving tearful appearance in the House of Commons. (2) The UK economy is showing more signs of rebounding from its recent ...
Jul 15, 2025•17 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) The EU is preparing to step up its engagement with other countries hit by Donald Trump’s tariffs following a slew of new threats to the bloc and other US trading partners, according to people familiar with the matter. (2) Equity-index futures retreated and Asian shares edged down in a cautious start to the week after President Donald Trump dialed up trade tensions by announcing a 30% tariff on goods fro...
Jul 14, 2025•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 – a look ahead to U.S CPI and PPI data, along with Netflix earnings. In the UK – a look ahead to a speech from UK Chancellor Rachel Reeves. In Asia – a look at several key data points for the Japanese economy. See omnystudio.com/listener for privacy information.
Jul 11, 2025•38 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) President Donald Trump threatened a 35% tariff on some Canadian goods and raised the prospect of increasing levies on most other countries, ramping up his trade rhetoric in comments that weighed on stocks and boosted the US dollar. (2) Markets are complacent on tariffs planned by US President Donald Trump, JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon has warned. (3) Keir Starmer sealed a...
Jul 11, 2025•17 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) President Donald Trump threatened a 35% tariff on some Canadian goods and raised the prospect of increasing levies on most other countries, ramping up his trade rhetoric in comments that weighed on stocks and boosted the US dollar. (2) Markets are complacent on tariffs planned by US President Donald Trump, JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon has warned. (3) Keir Starmer sealed a...
Jul 11, 2025•17 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Donald Trump’s threat to impose 50% tariffs on Brazilian goods sent the country’s currency plunging as the US leader sharply escalated a dispute with Latin America’s largest nation and leftist leader Luiz Inacio Lula da Silva. (2) President Donald Trump said the US would begin levying a 50% tariff on copper imports from Aug. 1, confirming a move that will hurt American producers of everything from autom...
Jul 10, 2025•20 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) US President Donald Trump sowed fresh chaos in metals markets with news of a higher-than-expected 50% tariff on copper imports, spurring a record spike in US futures and a drop in the global benchmark. (2) President Donald Trump vowed to push forward with his aggressive tariff regime in the coming days, stressing he would not offer additional extensions on country-specific levies set to now hit in early...
Jul 09, 2025•20 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) President Donald Trump unveiled the first in a wave of promised letters that threaten to impose higher tariff rates on key trading partners, but suggested that he was still open to additional negotiations and pushed off increased duties until at least Aug. 1. (2) The European Union is seeking to conclude a preliminary trade deal with the US this week that would allow it to lock in a 10% tariff rate beyo...
Jul 08, 2025•20 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) President Donald Trump said he would put an additional 10% tariff on any country aligning themselves with “the Anti-American policies of BRICS,” injecting further uncertainty into global trade as the US continues to negotiate levies with many trading partners. (2) China will impose some reciprocal curbs on medical-device procurement for companies based in the European Union, adding tensions between the ...
Jul 07, 2025•19 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 – a look ahead to Delta earnings and a summer travel outlook. In the UK – a look ahead to JP Morgan's Jamie Dimon visit to Ireland ahead of the US tariff deadline for Europe In Asia – a look at how recent data from China are providing an ambiguous read on the health of the world's second largest economy. See omnystudio.com/listener for privacy information....
Jul 05, 2025•38 min
