Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Islamic State claimed responsibility for Wednesday’s attack in Iran that killed scores of people and threatened to further inflame tensions in the Middle East. (2) The options market for US Treasuries was abuzz Thursday following the emergence of a large bearish wager that Friday’s jobs report will trigger the biggest backup in benchmark yields in more than nine months. (3) As housing shortages cause re...
Jan 05, 2024•16 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Federal Reserve policymakers agreed last month that it would be appropriate to maintain a restrictive stance “for some time,” while acknowledging they were probably at the peak rate and would begin cutting in 2024. (2) Iran said attacks that killed almost 100 people in the central part of the country were carried out to punish its stance against Israel, the latest sign that the war between the Jewish st...
Jan 04, 2024•17 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) A senior Hamas leader was killed by Israel in an explosion in Beirut, according to the Palestinian militant group, raising fresh concerns of a regional escalation of the war in Gaza. (2) Container shipping giant Maersk says it will once again stop letting its vessels sail through the Red Sea, a vital trade corridor, after another of its carriers came under attack in the space of a few weeks. (3) Apple g...
Jan 03, 2024•17 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Iran has dispatched a warship to the Red Sea after the US Navy destroyed three Houthi boats, a move that risks ratcheting up tensions and complicates Washington's goal of securing a waterway that's vital to global trade. (2) Israel's Supreme Court overturned a highly contested law aimed at weakening the justices' own power in a loss to Prime Minister Benjamin Netanyahu's right-wing coalition. (3) ASML c...
Jan 02, 2024•17 min
Bloomberg’s Nathan Hager spends the hour covering the biggest tech stories from 2023 and what we can expect for the year ahead. He speaks with Gene Munster of Deepwater Asset Management and Dan Ives from Wedbush. See omnystudio.com/listener for privacy information.
Jan 01, 2024•35 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 Friday's December jobs report . Bloomberg Economics says the data should show job growth resuming its slowdown and the unemployment rate edging up. In the UK - consumers are feeling the pinch from the higher cost of living - but they're still spending enough to fuel London's restaurant and cultural scenes . The weaker pound versus the dollar has also he...
Dec 30, 2023•34 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Maine’s secretary of state ruled that Donald Trump cannot run in the state’s Republican primary, citing his efforts to overturn the 2020 election results. (2) Half of the container-ship fleet that regularly sails the Red Sea and Suez Canal is avoiding the route now because of the threat of attacks, according to new industry data. (3) Ukraine’s premier sounded the alarm over the country’s finances, reque...
Dec 29, 2023•17 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) The world’s debt market is on track to post its biggest two-month gain on record as traders ramp up expectations that central banks everywhere will slash interest rates next year. (2) The Biden administration announced Wednesday $250 million in weapons and equipment for Ukraine, its final package for the year, as officials press Congress to renew aid in the new year. The Pentagon has previously said it ...
Dec 28, 2023•16 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) US strikes on targets in Iraq and fresh attacks by Houthi militants on shipping in the Red Sea provided the latest warning signs that the war in Gaza risks expanding into a wider conflict destabilizing the Middle East. (2) Wall Street kicked off the final week of 2023 with gains in stocks, extending a rally that put the market on the brink of a record. (3) Elon Musk once scoffed at the notion that BYD c...
Dec 27, 2023•18 min
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 - It's been a very Merry Crypto-mas with Bitcoin and Etherum surging . Will it continue in 2024? 2) In the UK - 2023 has been a year of inflation, rate debates, and job cuts. What lessons can be learned from the past year and how can they help us navigate the next 12 months? 3) In Asia - After a devastating pandemic and prolonged economic slowdown in China, how has Mac...
Dec 23, 2023•35 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 suggested falling debt interest costs may give him the headroom to deliver tax cuts at his budget in the spring, boosting the governing Conservative Party in what's likely to be an election year. (2) The Czech Republic declared Saturday a national day of mourning after the worst shooting in the country's history left at least 15 people dead at Prague's Charles ...
Dec 22, 2023•20 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) The UK and Switzerland will sign an agreement around financial services on Thursday, a post-Brexit accord to deepen ties between their respective financial centers. (2) An escalation of attacks on marine vessels in the Red Sea is causing widespread trade disruption as the world's biggest vessel owners take alternative longer routes, sending shipping rates soaring. (3) European Union finance chiefs ended...
Dec 21, 2023•17 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Donald Trump is ineligible to serve as US president because of his actions inciting the Jan. 6, 2021 attack on the US Capitol, Colorado's highest court found, in an unprecedented ruling that's headed for the US Supreme Court. (2) The US and its allies are considering possible military strikes against Houthi rebels in Yemen, in a recognition that a newly announced maritime task force meant to protect com...
Dec 20, 2023•20 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) US Defense Secretary Lloyd Austin has announced a new maritime task force intended to protect commercial vessels travelling through the Red Sea from attacks by Houthi militants. The countries involved in the new task force — dubbed Operation Prosperity Guardian — include the US, the UK, Bahrain, Canada, France, Italy, the Netherlands, Norway, the Seychelles and Spain. (2) The Bank of Japan offered littl...
Dec 19, 2023•16 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Israel's foreign minister said any call for a ceasefire with Hamas is a "prize for terrorism," after France, UK and Germany urged efforts toward halting the war as the civilian death toll mounts. (2) Egypt's Suez Canal Authority said it's "closely following" tensions in the Red Sea and any impact on canal crossings, after Yemeni militant attacks on vessels hundreds of miles to the south prompted major s...
Dec 18, 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) In the US - US retail sales unexpectedly picked up in November as lower gasoline prices allowed consumers to spend more to kick off the holiday shopping season. 2) In the UK - It's crunch time for last-minute shoppers ahead of the holidays in London - with retailers hoping for a last-minute surge in spending, despite the general economic gloom. 3) In Asia - Bank of Japan officia...
Dec 16, 2023•35 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Europe’s central bankers are in no hurry to join the US pivot toward interest-rate cuts: the Bank of England kept interest rates at a 15-year high, sticking with its message that borrowing costs will remain elevated for some time despite growing bets on a wave of cuts in 2024. And European Central Bank policymakers are largely united in expecting to cut interest rates later than financial markets curren...
Dec 15, 2023•22 min
Your morning briefing, the business news you need in just 15 minutes.On today's podcast: (1) The Federal Reserve held interest rates steady for a third meeting and gave its clearest signal yet that its aggressive hiking campaign is finished by forecasting a series of cuts next year. (2) Virtually no corner of financial markets was left out of Wednesday's cross-asset advance: Global shares spiked higher. Front-end Treasuries posted their best day since March. World currencies surged against the d...
Dec 14, 2023•16 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) The UK economy shrank more than expected in October as elevated borrowing costs and wet weather took their toll, setting the stage for another quarter of stagnation that is widely forecast to persist through 2024. (2) The COP28 climate talks in Dubai ended in a deal that saw a commitment to transition away from all fossil fuels for the first time. (3) Germany’s ruling alliance has sealed an agreement on...
Dec 13, 2023•16 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Prime Minister Rishi Sunak staved off a potential rebellion from members of his Conservative Party, winning a parliamentary vote on legislation designed to green-light his signature plan to deport asylum-seekers to Rwanda. (2) Walgreens has been holding early talks about ways to separate Boots, which could be valued in a deal at about £7 billion, according to the people. Bloomberg understands that it's ...
Dec 13, 2023•17 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) UK wage growth slowed at the sharpest pace in almost two years, a further sign that the labor market is cooling in response to a flagging economy. Bloomberg's Senior UK Economist Dan Hanson says it's "a little bit of a Goldilocks report". (2) Right-wing members of Rishi Sunak's UK Conservative Party caucus said his attempt to implement a plan to deport asylum seekers to Rwanda "doesn't go far enough," u...
Dec 12, 2023•16 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Right-wing members of Rishi Sunak's UK Conservative Party caucus said his attempt to implement a plan to deport asylum seekers to Rwanda "doesn't go far enough," underscoring the risk to the prime minister of a Parliamentary rebellion. (2) Prime Minister Rishi Sunak said he kept government scientists in the dark about his controversial Eat Out to Help Out, an acknowledgment likely to fuel questions over...
Dec 12, 2023•17 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Arm's CEO Rene Haas told Bloomberg that whoever wins the next election, further restrictions on skilled migration will hurt growth. (2) The Prime Minister is due to answer questions at the Covid inquiry today. Last month, the government's former chief scientific officer told the hearing it was "obvious" Rishi Sunak's Eat Out to Help Out scheme would fuel the spread of the virus. (3) The S&P 500 Inde...
Dec 11, 2023•21 min
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 - We preview Federal Reserve policy meeting and news conference with Chair Jerome Powell. Economists see the Fed’s policy committee maintaining a benchmark interest rate target of 5.25% to 5.5%, with bond traders leaning toward a cut in the first half of 2024. 2) In the UK - It's a big week ahead for central banks in Europe too - with both the Bank of England and the E...
Dec 09, 2023•35 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) The Palestinian Authority is working with US officials on a plan to run Gaza after the ongoing war is over, with one of its top leaders arguing that Israel's aim to fully defeat Hamas is unrealistic and the militant group should instead join a new governing structure. (2) Israeli Prime Minister Benjamin Netanyahu has threatened devastation in Beirut and southern Lebanon if Hezbollah opens a second front...
Dec 08, 2023•20 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) The heads of Wall Street's biggest banks took their most direct swing yet at Washington's plans to force them to set aside more cash as a buffer against losses. (2) Senate Republicans blocked $66 billion in emergency Ukraine aid, heightening the risk US funding for the country's war effort will run dry as a partisan stalemate over immigration policies persists in Washington. (3) European Commission Pres...
Dec 07, 2023•17 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Russia's President Vladimir Putin heads to Saudi Arabia as Bloomberg uncovers how Russia is sidestepping Western oil sanctions. (2) The London Stock Exchange faces tough questions after it's hit by a third outage in three months. (3) A Bloomberg scoop: The European Commission is set to recommend delaying tariffs on electric vehicles traded with the UK. (4) Bitcoin goes on a tear to add more than 165% si...
Dec 06, 2023•17 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Britain's 100 largest companies saw their tax bill rise 7.25% in the past year to a total of £90 billion ($113 billion), accounting for a 10th of all of the government's receipts. (2) Qatar's wealth fund is offloading almost half of its shares in Barclays, a surprise move that comes as the bank's executives ready a strategic overhaul for early next year. (3) Lloyds Banking Group has received £1.2 billio...
Dec 05, 2023•17 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Iranian-backed Houthi rebels claimed they targeted "two Israeli ships" in the Red Sea, part of a series of attacks against commercial vessels in international waters on Sunday during which the US said one of its destroyers shot down three drones. (2) Israel's military is expanding its operations across the Gaza Strip, with the expectation of a ground invasion of southern Gaza looming and warnings to man...
Dec 04, 2023•23 min
Reports of crimes targeting Jews, Muslims and Arabs have risen around the world in since the Oct. 7 Hamas attack on Israel, and the Israeli military’s retaliatory operation in Gaza. While previous conflicts in the Middle East also sparked a backlash outside the region, this time it is more intense and the wave of hate may be far from cresting, according to advocacy groups, former law enforcement officials and analysts. In this Bloomberg Radio special report, Stephen Carroll examines how these co...
Dec 03, 2023•24 min
