Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) President Donald Trump plans to impose 25% tariffs on all imports of steel and aluminium into the US, broadening his trade salvo and threatening ties with some of the country’s top trading partners. (2) Donald Trump suggested that Elon Musk’s government efficiency team has found irregularities while examining data at the US Treasury Department, and intimated that may lead the US to disregard some paymen...
Feb 10, 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 at U.S CPI and Retail sales data, along with quarterly earnings from McDonalds. In the UK – a look at a summit on artificial intelligence taking place in Paris. In Asia – a look at the potential fallout of Donald Trump's trade war with China. See omnystudio.com/listener for privacy information....
Feb 07, 2025•39 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Bank of England Governor Andrew Bailey does “very strongly agree” with Chancellor of the Exchequer Rachel Reeves’ plans to boost UK growth. His deputy, Clare Lombardelli, is also “very supportive.” They may well be, but the central bank’s latest forecasts are certainly not. (2) The rush to ship gold from London to the US to take advantage of premium prices is fuelling strong demand for slots to withdraw...
Feb 07, 2025•16 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) US allies expect President Donald Trump’s administration to present a long-awaited plan to end Russia’s war on Ukraine at the Munich Security Conference in Germany next week, according to people familiar with the matter. (2) Aides to President Donald Trump sought to tone down his idea of depopulating and taking over Gaza after his suggestion that the US would “own” the war-ravaged territory was welcomed...
Feb 06, 2025•17 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Donald Trump said the US should take control of the devastated Gaza Strip, shunt the area’s residents to other countries and rebuild it into a new “Riviera,” a proposal at odds with America’s fraught history in the region and that drew sharp opposition from Saudi Arabia. (2) The first volleys in the latest US-China trade war made clear that Xi Jinping is taking a more cautious approach than during Donal...
Feb 05, 2025•16 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) China slapped tariffs on a range of US products and announced a probe into Google moments after President Donald Trump imposed a 10% tariff on goods from Beijing, reigniting a trade war between the world’s largest economies. (2) President Donald Trump agreed to delay 25% tariffs on Canada and Mexico for a month after both US neighbors agreed to take tougher measures to combat migration and drug traffick...
Feb 04, 2025•17 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) President Donald Trump’s upcoming 25% tariffs on goods from Canada and Mexico and 10% duties on products from China are set to ricochet through households, raising prices for a wide range of items including vegetables, fruits and cars. (2) Mexican President Claudia Sheinbaum said she will announce early Monday the details of her government’s “Plan B” to defend the country against US tariffs. (3) As the ...
Feb 03, 2025•20 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 the January Jobs report and preview some big tech earnings we're watching In the UK: We look ahead to the BOE rate decision In Asia: We detail the future of China's DeepSeek AI See omnystudio.com/listener for privacy information.
Feb 01, 2025•39 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) President Donald Trump’s renewed pledges to slap 25% tariffs on imports from Canada and Mexico on Feb. 1 jolted foreign exchange markets late in the New York trading session, sending currencies from both countries plunging against the US dollar. (2) The US Army Black Hawk helicopter that collided with a passenger jet over Washington on Wednesday evening was manned by an experienced three-person crew con...
Jan 31, 2025•17 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) A regional jet flown for American Airlines Group Inc. collided in a deadly midair crash with a military helicopter as it flew into Ronald Reagan Washington National Airport, prompting a search and rescue operation for any survivors in the Potomac River. (2) Federal Reserve Chair Jerome Powell made clear the US central bank intends to hold interest rates where they are for the foreseeable future, pointin...
Jan 30, 2025•17 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Rachel Reeves will pledge to go “further and faster” to boost the UK economy by unblocking new infrastructure projects, as she seeks to lure investors and win back business support after a rocky start to her tenure as Chancellor of the Exchequer. (2) Microsoft and OpenAI are investigating whether data output from OpenAI’s technology was obtained in an unauthorized manner by a group linked to Chinese art...
Jan 29, 2025•24 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) A Chinese AI startup called DeepSeek has released a new open-source AI model called R1 that can mimic human reasoning, rivalling or outperforming leading US developers on industry benchmarks. (2) Nvidia's plunge, fueled by investor concern about Chinese artificial-intelligence startup DeepSeek, erased a record amount of stock-market value from the world’s largest company. (3) President Donald Trump said...
Jan 28, 2025•17 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) UK Prime Minister Keir Starmer and US President Donald Trump discussed trade in their first conversation since Trump re-entered the White House. They also agreed to “meet soon.” (2) Business activity has slumped at British firms and profit warnings have risen, according to two reports that say each trend is the worst it’s been since the pandemic. (3) The Colombian government has agreed to all of Preside...
Jan 27, 2025•21 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 preview of next week’s Fed decision and U.S tech earnings. In the UK – a preview of next week’s ECB decision. In Asia – a preview of next week’s RBA decision and a look at U.S-China trade relations. See omnystudio.com/listener for privacy information.
Jan 25, 2025•38 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) President Donald Trump said he’d prefer not to have to impose tariffs on China, his latest dovish remark toward the world’s second-biggest economy even as he continues to threaten sweeping action. (2) President Donald Trump signed executive actions related to cryptocurrency and artificial intelligence, moves that could bolster two nascent industries. (3) US President Donald Trump said he would ask Saudi...
Jan 24, 2025•21 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) President Volodymyr Zelenskiy said any effective peacekeeping force deployed in Ukraine will need to include US troops, as he appealed to Donald Trump ahead of talks with Russia. (2) A Russian spy ship entered British waters twice in recent weeks, prompting the UK to deploy Royal Navy ships, Royal Air Force planes and a submarine, Defence Secretary John Healey said. (3) President Donald Trump downplayed...
Jan 23, 2025•19 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) President Donald Trump said his threat to hit China with 10% tariffs on all imports was still on the table and indicated it could come as soon as next month. (2) SoftBank, OpenAI, and Oracle are forming a $100 billion joint venture to fund artificial intelligence infrastructure, an effort unveiled with President Donald Trump aimed at speeding development of the emerging technology. (3) President Donald ...
Jan 22, 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 planned to impose previously threatened tariffs of as much as 25% on Mexico and Canada by Feb. 1, reiterating his contention that America’s two immediate neighbors are letting undocumented migrants and drugs flood into the country. (2) President Donald Trump held off unveiling China-specific tariffs on his first day in office, instead ordering his administration to address...
Jan 21, 2025•22 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) US President-elect Donald Trump will sign close to 100 executive orders within hours of taking office, he says at a pre-inauguration dinner in Washington DC. (2) A long-delayed ceasefire in the Gaza war began taking hold as Hamas released three hostages on Sunday in exchange for 90 Palestinians held in Israeli prisons. (3) Donald Trump pledged to delay enforcement of a national security law that threate...
Jan 20, 2025•20 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 preview of what comes next for the U.S economy when Donald Trump takes office, and Netflix earnings. In the UK – a preview of the World Economic Forum in Davos. In Asia - a preview on whether Donald Trump will make good on his threats toward China. See omnystudio.com/listener for privacy information....
Jan 18, 2025•39 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Israel’s Prime Minister Benjamin Netanyahu said an agreement with Hamas to pause the war in Gaza has been finalized, suggesting it’s on track to begin on Sunday. (2) China’s economy hit the government’s growth goal last year after an 11th hour stimulus blitz and export boom turbocharged activity, although looming US tariffs threaten to take away a key driver of expansion. (3) Nigel Farage said Reform UK...
Jan 17, 2025•29 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Israeli Prime Minister Benjamin Netanyahu accused Hamas of reneging on parts of a ceasefire agreement that looked set to pause more than 15 months of fighting in Gaza, risking completion of the long-awaited deal. (2) Britain’s economy narrowly returned to growth in November but fell short of expectations as the UK struggles to shake off concerns that the country is in the grip of stagflation. (3) Wall S...
Jan 16, 2025•17 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Israel and Hamas agreed to a ceasefire deal that calls for releasing dozens of hostages and bringing a temporary halt to the war in the Gaza Strip that has killed tens of thousands of people in the last 15 months and touched off broader turmoil across the Middle East. (2) Wall Street breathed a sigh of relief after a surprise slowdown in inflation spurred a stock rally and a plunge in bond yields, reinf...
Jan 16, 2025•17 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) South Korean investigators arrested President Yoon Suk Yeol on Wednesday after launching a pre-dawn operation to bring the impeached leader in for questioning over his short-lived martial law declaration. (2) The UK’s City minister Tulip Siddiq resigned from the government following an ethics review into allegations around her use and receipt of properties linked to the ousted Bangladeshi regime. (3) Fo...
Jan 15, 2025•22 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) The UK is set to get an indication of investor appetite for gilts, with its first bond sale since turmoil gripped the market last week. (2) UK Prime Minister Keir Starmer said he has “full confidence” in Chancellor of the Exchequer Rachel Reeves and stressed that his government would stick to its fiscal rules in response to a surge in UK borrowing costs. (3) Chinese officials are evaluating a potential ...
Jan 14, 2025•17 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Chancellor of the Exchequer Rachel Reeves returns to the UK from China on Monday with the Labour Party keen to brush off market turmoil around its fiscal difficulties and emphasise the government’s long-term ambitions. (2) Traders in the options market are preparing for the pound to tumble as much as 8% more as fiscal woes that prompted a painful selloff across UK markets last week weigh on the currency...
Jan 13, 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 at U.S eco data and bank earnings next week. In the UK – a focus on a UK asset slump and what may come next. In Asia – a look at BYD and the EV sector and what comes next in the U.S, Nippon Steel saga. See omnystudio.com/listener for privacy information.
Jan 11, 2025•39 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) UK Chancellor Rachel Reeves is struggling to maintain financial market confidence, with the 10-year gilt yield rising to its highest since 2008 and the pound falling to its weakest in over a year. (2) Chancellor of the Exchequer Rachel Reeves will become the most senior British official to visit Beijing in 7 years this weekend as she embarks on a mission to deepen economic ties with China against the ba...
Jan 10, 2025•23 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Plunging UK markets are serving a fresh warning about the British economy and heaping pressure on Keir Starmer’s embattled Labour government. (2) Britain’s latest bond turmoil has drawn comparisons with the Liz Truss mini-budget debacle of 2022 but a parallel with the debt crisis of the 1970s might be more apt. (3) The 92 global banks in Bloomberg Intelligence's coverage may see a 12-17% ($120-$180 bill...
Jan 09, 2025•21 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) In the space of an hour, President-elect Donald Trump called for absorbing Canada, declined to rule out using military force to seize the Panama Canal and Greenland, demanded NATO allies spend 5% of GDP on defense and vowed “all hell would break loose” in the Middle East if Hamas doesn’t release Israeli hostages before he takes office. (2) President-elect Donald Trump said NATO nations should spend the ...
Jan 08, 2025•20 min
