On today's podcast: 1) Volodymyr Zelenskiy pleaded with US lawmakers to approve $61 billion in aid vital to his war effort but left Washington with no clear commitment that his most important ally will keep up support as his fight against Russia’s invasion drags toward a third year. 2) The Federal Reserve will likely hold interest rates steady for a third straight meeting , while pushing back against market expectations of rate cuts as soon as March. 3) The COP28 climate talks in Dubai ended in ...
Dec 13, 2023•17 min
On today's podcast: 1) Google’s legal defeat at the hands of Fortnite maker Epic Games Inc. threatens to roil an app store duopoly with Apple Inc. that generates close to $200 billion a year and dictates how billions of consumers use mobile devices. 2) Harvard President Claudine Gay will remain in office after receiving backing from the University’s highest governing body , according to a report from the college’s student newspaper. 3) A monthly Bureau of Labor Statistics report due Tuesday is s...
Dec 12, 2023•24 min
On today's podcast: 1) Global leaders express concern over civilian deaths in Gaza 2) President Biden's Israel support dents poll numbers as Putin, Netanyahu Talk Amid Rising Tensions Over Israel-Hamas War 3) Traders look for rate clues ahead of this week's Fed meeting See omnystudio.com/listener for privacy information....
Dec 11, 2023•23 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
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 it under a new governing structure. 2) President Joe Biden’s son Hunter was indicted on nine federal tax charges in a development that will become a political headache for the White House and Democrats as the 2024 campaign ramps up. 3)...
Dec 08, 2023•23 min
On today's podcast: 1) Elon Musk’s SpaceX has initiated discussions about selling insider shares at a price that values the closely held company at $175 billion or more , according to people familiar with the matter. 2) The latest jockeying between President Joe Biden and Republicans in Congress over Ukraine aid is fueling fresh concerns over Washington’s commitment to support Kyiv’s fight against Russia as the 2024 US election nears. 3) Former UN Ambassador Nikki Haley solidified her claim to b...
Dec 07, 2023•23 min
On today's podcast: 1) Russian President Vladimir Putin arrived in the United Arab Emirates to start a rare foreign trip that will also include a visit to Saudi Arabia, with bolstering cooperation among strategic oil producers a top priority. 2) Israeli leaders rebuffed mounting pressure to halt the military campaign in the southern Gaza Strip , vowing to press on until Hamas is eradicated even as the death toll rose and the United Nations warned that civilians had no safe harbor amid the bombin...
Dec 06, 2023•17 min
On today's podcast: 1) Israel Grinds War South as US Monitors Gaza Civilian Deaths 2) Dalio Says End of ‘Free Money’ Is Making Climate Fixes Difficult 3) Did Markets Go Too Far, Too Fast Is Debate to Dominate See omnystudio.com/listener for privacy information.
Dec 05, 2023•23 min
On today's podcast: 1) 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 many of the territory’s 2.2 million residents to evacuate again. 2) Spotify shares rise after the company said it will reduce headcount by about 17% . It's at least the third time this year the streaming service has cut jobs. 3) Bitcoin tops $41,000 as the largest digital asset extends a 2023 rebound on expectations of int...
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
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
On today's podcast: 1) Israel resumed combat against Hamas in the Gaza Strip after a week-long truce between the two sides ended on Friday morning. 2) European stocks advanced and the dollar fell before comments from Federal Reserve Chair Jerome Powell that may offer clues about the path of interest rates. 3) After two years of delays and production snags, Tesla has finally handed the first Blade Runner -esque Cybertrucks over to customers. 4) Governors Ron DeSantis of Florida and Gavin Newsom o...
Dec 01, 2023•17 min
On today's podcast: 1) 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. 2) Israel and Hamas agreed to lengthen their truce for at least another day , allowing for the release of more hostages held by the militant group in Gaza. 3) Elon Musk, the billionaire owner of X, says the advertisers that have stopped spending on t...
Nov 30, 2023•23 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
On today's podcast: 1) As the truce between Israel and Hamas enters its final 24 hours , negotiators from Qatar, Egypt and the US are pressing for an extension to try to secure the release of additional captives and avert a resumption of a war that erupted almost two months ago. 2) Charles Munger, the alter ego, sidekick and foil to Warren Buffett for almost 60 years as they transformed Berkshire Hathaway Inc. from a failing textile maker into an empire , has died. He was 99. 3) Billionaire inve...
Nov 29, 2023•23 min
On today's podcast: 1) Israel and Hamas extended their truce late Monday after agreeing to release more hostages and prisoners and Washington said it was dispatching its top diplomat to the region for more talks over the conflict in Gaza. 2) Elon Musk was in Israel being welcomed by the nation’s political elite — including Prime Minister Benjamin Netanyahu — to visit the region where the Islamic militant group Hamas murdered 1,200 people on Oct. 7. 3) European stocks fell for a second day and US...
Nov 28, 2023•18 min
On today's podcast: 1) Israel is coming under increasing pressure to agree to an extension of a four-day pause in its war with Hamas . President Joe Biden said he supports prolonging the cease-fire, which is due to end on Tuesday morning and part of a deal to free hostages held by Hamas in Gaza. The halt in fighting is “critically needed” for additional aid to get into the territory and for more captives to be freed. 2) Rishi Sunak said he condemns antisemitism “in all its forms,” in a careful c...
Nov 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) 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
On today's podcast: 1) The first truce since the war between Israel and Hamas erupted last month went into effect on Friday morning . The deal came after weeks of complex and delicate talks brokered by Qatar, the US and Egypt. The halt in fighting in Gaza is intended to last for four days. Hamas, an Iran-backed militant group, is meant to return 50 of the almost 240 hostages it captured from Israel, while the Israelis will release 150 jailed Palestinians and allow more aid into Gaza. 2) The Cana...
Nov 24, 2023•17 min
Bloomberg Daybreak Holiday Edition with Nathan Hager takes a look at some of the stories we're tracking around Thanksgiving. 1) What's in store for the energy space as OPEC+ delays its meeting? 2) How are retailers faring as we enter the holiday shopping season? 3) An update on some big antitrust cases, including the Justice Department's lawsuit against Google . 4) Plus, a look at the Ozempic effect on Thanksgiving dinner . See omnystudio.com/listener for privacy information....
Nov 23, 2023•36 min
On today's podcast: 1) Israel and Hamas Agree to Short Truce for Hostage Release 2) Altman Returns as OpenAI CEO 3) Nvidia Investors Give Ho-Hum Reaction to Latest Growth Surge See omnystudio.com/listener for privacy information.
Nov 22, 2023•23 min
On today's podcast: 1) OpenAI said it’s in “intense discussions” to unify the company after another tumultuous day that saw most employees threaten to quit if Sam Altman doesn’t return as chief executive officer. 2) Microsoft Chief Executive Officer Satya Nadella signaled that he’d be open to Sam Altman going back to OpenAI , rather than joining his company as part of a surprise move announced over the weekend. 3) The leader of Hamas said his group was close to reaching a “truce agreement” with ...
Nov 21, 2023•23 min
On today's podcast: 1) OpenAI co-founder Sam Altman is joining Microsoft to lead its AI effort after the board replaced him with Twitch’s ex-CEO, a stunning reversal for the widely respected tech-evangelist who helped jumpstart the artificial intelligence boom. 2) Israeli forces engaged in heavy fighting with Hamas in the northern Gaza Strip overnight as the US said it was optimistic about a deal to free hostages held by the militant group. 3) Elon Musk railed against “bogus” media reports accus...
Nov 20, 2023•24 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) President Joe Biden signed a stopgap bill to extend government funding into early 2024 , averting a government shutdown for now but kicking a politically-divisive debate over federal spending into a presidential election year. 2) Gaza’s telecommunications services stopped Thursday after providing companies said the fuel used for generators had been depleted , the United Nations Office for the Coordination of Humanitarian Affairs said. Syria’s aerial defenses intercepted so...
Nov 17, 2023•17 min
On today's podcast: 1) Presidents Joe Biden and Xi Jinping emerged from their first meeting in a year betting that a handful of small victories will arrest a surge in US-China tensions that has unnerved neighboring nations and threatened global economic growth. 2) President Joe Biden said he still believed his Chinese counterpart Xi Jinping was a dictator , casting a shadow over what both sides had characterized as their most productive meeting to date. 3) The US Senate overwhelmingly approved a...
Nov 16, 2023•18 min
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 intensifying international ire if it causes more civilian casualties. 2) President Joe Biden and Chinese counterpart Xi Jinping’s carefully choreographed, much-anticipated sitdown on the sidelines of the Asia-Pacific Economic Cooperation summit kicks off Wednesday at the Filoli estate south of San Francisco. 3) House lawmakers overcame par...
Nov 15, 2023•27 min
On today's podcast: 1) Israel and Hamas trade accusations over Gaza hospitals and President Joe Biden called on Israel to take “less intrusive action” at the al Shifa hospital — the latest sign the US wants fewer civilian casualties. Israel says Hamas uses hospitals as bases for its operations. 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 , according to people familiar with the m...
Nov 14, 2023•17 min
On today's podcast: 1) The Israeli army conducted raids in northern Gaza on the outskirts of the Shati refugee camp , while a UN agency said that a naval strike had seriously damaged one of its guesthouses. 2) The US still faces a risk of a government shutdown at the end of this week despite a new compromise plan by Speaker Mike Johnson that leaves out hardline conservative priorities like cutting spending and curtailing migration. 3) The White House cited a resumption of US-China military commu...
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
