Bloomberg Daybreak Weekend with Tom Busby takes a look at some of the stories we'll be tracking in the coming week. 1) In the US, Economists expect the November unemployment print, due out Dec. 8, to increase to 4% as unemployed workers take longer to find new jobs. 2) In the UK, we'll get fresh data on the number of new car registrations in the coming days. The sector has shown some signs of recovery recently, but manufacturers are still battling against a challenging post Brexit environment in...
Dec 02, 2023•35 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Israel has resumed combat against Hamas in the Gaza Strip after a week-long truce between the two sides ended this morning. Israeli jets started striking Gaza soon after deadline passed (2) Bloomberg Economics believes typical signs of a recession started in October 2023. The baseline is that unemployment should increase persistently in 2024, approaching 5% by year-end – a mild recession by historical s...
Dec 01, 2023•16 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Israel and Hamas have agreed to extend their truce for at least another day, allowing for the release of more hostages held by the militant group in Gaza. (2) Henry Kissinger, the child refugee who rose to become US secretary of state and defined American foreign policy during the 1970s with his strategies to end the Vietnam War and contain communist countries, has died. He was 100. (3) US economic acti...
Nov 30, 2023•18 min
Henry Kissinger, the child refugee who rose to become US Secretary of State and defined American foreign policy during the 1970s with his strategies to end the Vietnam War and contain communist countries, has died. He was 100. Not long before his passing, Kissinger sat down with Bloomberg Editor-in-Chief John Micklethwait for an extended conversation. He talked about his life and career, what shaped his worldview, and his thoughts on the current state of global affairs. Listen here for that spec...
Nov 30, 2023•1 hr 27 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) The famed investor Charles Munger has died at the age of 99. As Warren Buffett's right hand man for almost 60 years he helped transform Berkshire Hathaway from a failing textile maker into a global conglomerate. (2) Two Federal Reserve officials who led the push for higher interest rates to curb inflation last year signaled they could be comfortable holding rates steady for now, reinforcing expectations...
Nov 29, 2023•16 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Israel and Hamas agreed Monday to extend a cease-fire in their devastating war until Thursday morning, as 11 more freed hostages arrived in Israel. (2) Billionaire Elon Musk said that he'd like to help rebuild Gaza after the war with Hamas in a conversation with Prime Minister Benjamin Netanyahu, part of a day-long series of meetings with political leaders in Israel. (3) Saudi Arabia is asking others in...
Nov 28, 2023•16 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Rishi Sunak denied his economic plans are about to deliver a fresh bout of UK austerity, even as the official fiscal watchdog warned his tax-cutting strategy assumes a significant squeeze on stretched public services. (2) Israel and Hamas signaled that a temporary cease-fire in Gaza could be extended beyond Monday to allow for the release of more hostages and prisoners. (3) Elon Musk will meet with Isra...
Nov 27, 2023•16 min
Bloomberg Daybreak Weekend with Tom Busby takes a look at some of the stories we'll be tracking in the coming week. 1) US Equities 2024 Outlook: The Double Dip 2) Falling house prices could worsen the crunch facing households when they come to refinance their fixed-rate mortgage deals, according to research from the Bank of England. 3) South Korea’s early trade data show exports are likely to maintain their growth momentum this month, continuing their rebound from a year-long slump and helping b...
Nov 25, 2023•34 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) A temporary ceasefire in the war between Israel and Hamas has begun. An initial group of women and children hostages will be released by Hamas in the afternoon. In total Hamas has agreed to free 50 hostages while Israel will release 150 jailed Palestinians. All of those involved in the deal are women and children. (2) Barclays is working on plans to reduce costs by as much as £1 billion ($1.3 billion) o...
Nov 24, 2023•16 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Chancellor Jeremy Hunt will provide a £21 billion stimulus to the UK economy in the run-up to the next election, threatening to fuel inflation and prompt the Bank of England to keep interest rates in painfully high territory. (2) Far-right lawmaker Geert Wilders won the Dutch elections and said he plans to lead the country's next government, in a shock result that will resound across Europe. (3) Israel ...
Nov 23, 2023•18 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Israel and Hamas backed a deal that will free dozens of hostages from Gaza in return for a four-day pause in fighting and the release of a number of Palestinian prisoners — the first lull in a conflict that began Oct. 7 and has killed thousands of people. (2) OpenAI will bring back Sam Altman and appoint new board members, after nearly all of its employees threatened to quit over his surprise ouster. Al...
Nov 22, 2023•21 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Hamas chief Ismail Haniyeh said his group is close to reaching a "truce agreement" in talks with Qatar and Israel, rare public comments that suggest discussions over freeing some hostages held by the militant group are progressing. (2) According to a memo seen by Bloomberg, OpenAI is once again in active discussions to reunifying the company and bring back their ousted CEO Sam Altman. (3) Bank of Englan...
Nov 21, 2023•19 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) OpenAI's board hired former Twitch chief Emmett Shear as chief executive officer, defying calls from investors to reinstate the ousted Sam Altman, according to people familiar with the matter. (2) Jeremy Hunt is set to reveal plans to cut Britain's tax burden at this week's Autumn Statement, a pivotal time for the struggling Tories in one of their few remaining set-piece events before a general election...
Nov 20, 2023•17 min
Bloomberg Daybreak Weekend with Tom Busby takes a look at some of the stories we'll be tracking in the coming week. 1) Earnings continue...one big company reporting this week is Nvidia. According to Bloomberg Intelligence... Nvidia is likely to report another beat in its fiscal 3Q earnings results and guidance. 2) In the UK: Chancellor of the Exchequer Jeremy Hunt likely has limited scope to ease fiscal policy in his upcoming Autumn Statement. Bloomberg Economics expects near-term growth and inf...
Nov 18, 2023•35 min
On today's podcast: (1) Alphabet CEO Sundar Pichai said he expects China to be "at the forefront" of artificial intelligence, and said it's important for the US to collaborate with the Asian nation on both regulation and innovation. (2) Applied Materials, the largest US maker of chipmaking machinery, slid in late trading following a report that it faces a US criminal investigation for allegedly violating export restrictions to China. (3) British companies will be able to release billions of poun...
Nov 17, 2023•20 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) President Xi Jinping said China wants to be friends with the US and said his nation won't fight a war with anyone, one of his clearest remarks yet proclaiming a desire for peaceful ties between the world's two largest economies. (2) Israel's military raid on Gaza's Shifa hospital — which drew condemnation in the Middle East and elsewhere — won some support from US President Joe Biden, who said Hamas's u...
Nov 16, 2023•17 min
Your morning briefing, the business news you need in just 15 minutes. On today’s podcast: (1) Israeli troops entered Gaza's Shifa hospital compound as part of a "precise and targeted operation" against Hamas that runs the risk of raising international ire if it ends up causing more civilian casualties. (2) The White House is getting increasingly frustrated with Israel's conduct of the war against Hamas as the civilian death toll mounts and the administration's calls go unheeded, widening a rift ...
Nov 15, 2023•15 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: 1) David Cameron’s appointment as British foreign secretary has provoked criticism of the former premier’s warm relationship with China, a closeness that is at odds with the current skeptical stance of Rishi Sunak’s Conservative Party. (2) Joe Biden and his Chinese counterpart, Xi Jinping, are set to announce an agreement that would see Beijing crack down on the manufacture and export of fentanyl. (3) US Tr...
Nov 14, 2023•16 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Senior officials in Israel and the US suggested that talks on securing the release of Hamas-held hostages are intensifying. (2) The United Nations said Israeli ground attacks and shelling increased around hospitals, with several being directly hit. (3) The immediate threat of chaos in London’s streets has subsided, but that may only provide a brief respite for Rishi Sunak; chief among his challenges is ...
Nov 13, 2023•17 min
Bloomberg Daybreak Weekend with Tom Busby takes a look at some of the stories we'll be tracking in the coming week. 1) We preview this week's upcoming CPI and PPI data 2) The Dubai Airshow kicks off this week - a major event for airlines and plane makers 3) President Biden prepares to meet China's President Xi in San Francisco this week 4) A Government shutdown looms - Speaker Johnson in focus. See omnystudio.com/listener for privacy information....
Nov 11, 2023•34 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) On Thursday, trades handled by the world's largest bank in the globe's biggest market traversed Manhattan on a USB stick. (2) Federal Reserve Chair Jerome Powell said the US central bank will continue to move carefully but won't hesitate to tighten policy further if needed to contain inflation. (3) Israel is providing "quick humanitarian windows" to allow people to flee northern Gaza while the military ...
Nov 10, 2023•16 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Israel said about 50,000 Palestinians fled to southern Gaza as the army pushed deeper into Hamas strongholds in the north of the territory. (2) Former US Secretary of State Hillary Clinton said both Israel and the Palestinians need new leadership in order to have a chance of achieving a peace deal once the current war in the Gaza Strip ends. (3) Citadel founder Ken Griffin said the world is facing unres...
Nov 09, 2023•16 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Saudi Arabia's investment minister tells Bloomberg talks aimed at a normalization of diplomatic ties with Israel will continue. (2) Israel said its troops have entered the middle of Gaza's main city, as they continue their operation to destroy Hamas. (3) Europe's economy is unlikely to crash — even as a more-than yearlong bout of interest-rate increases tames inflation, according to the International Mo...
Nov 08, 2023•16 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) UBS has posted a net loss of $785 million for the third quarter, it's the bank's first loss since 2017. (2) Civilians trapped in Gaza are running out of food, fuel and hope as the US and Israel discuss "tactical pauses". (3) Former high-flying startup WeWork has filed for bankruptcy listing nearly $19 billion dollar of debts. (4) SpaceX is reportedly on track to book revenues of about $9 billion this ye...
Nov 07, 2023•19 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Israeli troops have entirely encircled Gaza City, effectively cutting off the northern part of the strip from the south, an Israeli army spokesman said, adding that targets both above and below ground were under attack. (2) Secretary of State Antony Blinken made an unscheduled stop in Baghdad, expanding US diplomacy in the Middle East with the goal of preventing a spread of the Israel-Hamas war. (3) Bil...
Nov 06, 2023•17 min
Bloomberg Daybreak Weekend with Tom Busby takes a look at some of the stories we'll be tracking in the coming week. 1) We get Disney earnings this week after, the company said it plans to buy Comcast's one-third of the Hulu streaming service, kicking off an appraisal process that will extend into next year. 2) Republican presidential contenders will face off Wednesday night in their first debate of the primary season — minus frontrunner Donald Trump, who continues to lead his GOP rivals by a dou...
Nov 04, 2023•36 min
On today's podcast: 1) Sam Bankman-Fried has been convicted of a massive fraud that led to the collapse of his FTX exchange. 2) US Secretary of State Antony Blinken lands in Tel Aviv for talks with Prime Minister Benjamin Netanyahu and his War Cabinet as Israeli troops encircle Gaza City, insisting a cease-fire isn’t on the table. 3) Bank of England Governor Andrew Bailey speaks to Bloomberg. He may insist that it is “much too early to be thinking about rate cuts,” but the financial markets have...
Nov 03, 2023•24 min
On today's podcast: 1) President Joe Biden said Israel and Hamas militants ought to “pause” fighting in order to allow time to free hostages being held in the Gaza Strip, but stopped short of supporting a full cease-fire. 2) A further 600 foreigners are expected to leave via the Rafah crossing to Egypt after diplomatic efforts led to a limited opening of the border. 3) Federal Reserve Chair Jerome Powell hinted the US central bank may now be finished with the most aggressive tightening cycle in ...
Nov 02, 2023•20 min
On today's podcast: 1) Israeli military report dozens killed and wounded at a Gaza refugee camp, stoking concerns about the mounting toll from weeks of fighting. 2) US Secretary of State Antony Blinken is set to head back to Israel as both nations explore options for the future of the Gaza Strip. 3) The Federal Reserve is poised to hold interest rates steady at a 22-year high for a second meeting, while leaving open the possibility of another hike as soon as December with economic growth staying...
Nov 01, 2023•16 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Netanyahu dismissed calls for his resignation over his handling of the Hamas attacks and ruled out a cease-fire in the three-week-old conflict. (2) Authorities in Hamas-run Gaza said the death toll has surpassed 8,300 and UN officials said more than 1.4 million people are internally displaced. (3) The Bank of Japan has further loosened its grip on government bond yields while continuing to stick with it...
Oct 31, 2023•21 min
