On today's podcast: 1) US air-safety officials retrieved the fuselage panel that blew off during an Alaska Airlines flight on Jan. 5, as authorities begin piecing together evidence to learn what led to the sudden decompression on the almost-new Boeing Co. 737 Max 9 aircraft. 2) US congressional leaders announced a deal on a top-line spending level for the current fiscal year, lessening the chances of a partial government shutdown on Jan. 20. 3) The Pentagon ’s failure to notify President Joe Bid...
Jan 08, 2024•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 - As earnings season kicks off , we preview what we can expect from some of Wall Street's biggest banks. In the UK - The economic trajectory will be back in focus in the coming days - as a batch of data will help tell us whether Britain may avoid a recession . In Asia - Taiwan's presidential election is set for January 13th .The results will help shape the course of US-Ch...
Jan 06, 2024•34 min
On today's podcast: 1) New York City and Boston are straddling the line between what could be a snowy weekend or just a lot of rain https://www.bloomberg.com/news/articles/2024-01-04/us-east-coast-braces-for-weekend-snow-or-rain-weather-watch from a system sweeping up the US East Coast this weekend. 2) A monthly US jobs report due Friday will probably show many industries refrained from hiring as employment gains increasingly concentrated in a handful of sectors , according to Bloomberg Economic...
Jan 05, 2024•22 min
On today's podcast: 1) Several previously confidential documents related to Jeffrey Epstein were made public in federal court in New York after a yearslong battle over their release. 2) The US Supreme Court will chart the nation’s political future as it confronts a potentially stark choice over efforts to remove Donald Trump from this year’s presidential ballot for trying to overturn his 2020 election loss. 3) Iran said blasts that killed almost 100 people in a central province were aimed at pun...
Jan 04, 2024•17 min
On today's podcast: 1) Claudine Gay is stepping down as president of Harvard University , ending a brief and tumultuous tenure marred by allegations of plagiarism and a campus controversy over antisemitism. 2) Donald Trump filed a lawsuit seeking to restore his name to Maine’s presidential primary ballot after the state disqualified him over his attempt to reverse the result of the 2020 election he lost to Joe Biden. 3) Traders hoping that a pan-markets year-end rally would pick up where it left...
Jan 03, 2024•17 min
On today's podcast: 1) Iran 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) If the consensus on Wall Street is often wrong — and evidence from 2023 does little to dispel that notion — then in the year ahead investors are facing either the mother of all rallies or a selloff for the ages. 3) ASML Holding canceled shipments of some of...
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
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) The US military is trying to reassure shipping companies that a multinational force is making it safe to sail through the Red Sea and Suez Canal even though attacks from Yemen-based Houthi rebels show no sign of stopping. 3) Nvidia Corp., the world’s most valuable chipmaker, is selling a less-capable version of its b...
Dec 29, 2023•17 min
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) Apple Inc. said it would put its latest smartwatch models back on sale in its US retail stores Wednesday after it won a court ruling in a patent fight, providing a quick reprieve for its $17 billion business. 3) One of Cathie Wood’s exchange-traded funds has executed a massive shake-up in its ...
Dec 28, 2023•17 min
On today's podcast: 1) US futures were steady, with an all-time high this year firmly in sight , and Treasuries gained amid optimism that the Federal Reserve is getting close to cutting interest rates. 2) Legendary designer Jony Ive and OpenAI’s Sam Altman are enlisting an Apple Inc. veteran to work on a new artificial intelligence hardware project, aiming to create devices with the latest capabilities. 3) US strikes on targets in Iraq and fresh attacks by Houthi militants on shipping in the Red...
Dec 27, 2023•17 min
On today's podcast: 1) The US military launched strikes on three installations in Iraq targeting what it said is a terrorist group backed by Iran that Washington has accused of a series of attacks on American personnel, including one Monday which left three people injured. 2) Israeli Prime Minister Benjamin Netanyahu outlined three prerequisites to achieving peace in its war with Hamas : the destruction of the group, the demilitarization of Gaza and for Palestinian society to be “deradicalized.”...
Dec 26, 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 - 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
On today's podcast: 1) Stocks, US Futures Decline Before Inflation Gauge 2) Nike Sinks on Forecast 3) U.S. May Lift Ban on Sales of Offensive Weapons to Saudi Arabia See omnystudio.com/listener for privacy information.
Dec 22, 2023•17 min
On today's podcast: 1) US Mulling Hiking Tariffs on China EVs, Solar Products: WSJ 2) White House Says It’s Tracking Apple Watch Case With Ban Looming 3) Warner Bros. Is in Talks to Merge With Paramount Global See omnystudio.com/listener for privacy information.
Dec 21, 2023•17 min
On today's podcast: 1) Trump Barred From Colorado Ballot in Unprecedented Ruling : - Colorado’s highest court found that Donald Trump is ineligible to serve as US president because of his actions inciting the Jan. 6, 2021 attack on the US Capitol. 2) Herzog Says Israel Ready to Pause Fight in Bid for Hostages : - Israeli President Isaac Herzog said his country is prepared to agree to a second humanitarian pause in fighting in exchange for the return of more hostages held by Hamas . 3) Federal Re...
Dec 20, 2023•17 min
On today's podcast: 1) US Announces New Task Force to Counter Houthi Red Sea Threat 2) Apple Races to Tweak Software Ahead of Looming US Watch Ban 3) BOJ Keeps Traders Guessing on Negative Rate as Yen Rally Stalls See omnystudio.com/listener for privacy information.
Dec 19, 2023•17 min
On today's podcast: 1) Israel Pushes Back On Increasing European Calls for Cease-Fir e Israel’s foreign minister said any call for a cease-fire 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) Dimon’s Heir at JPMorgan Still Hazy as ‘Five More Years’ Tick By Halfway through Jamie Dimon’s special incentive to stay five more years atop JPMorgan Chase & Co. , insiders are predicting more senior leadersh...
Dec 18, 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) 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
On today's podcast: 1) Equities held gains after the Federal Reserve validated bets that it will soon move to easier policy and pushed stock market gauges toward all-time highs. 2) Treasury Secretary Janet Yellen said she plans to visit China again in 2024, seeking to deepen areas of cooperation and improve communication even as she vowed to continue confronting Beijing over national security concerns and human rights. 3) Citigroup will shutter its municipal business , one of the most dramatic m...
Dec 15, 2023•18 min
On today's podcast: 1) President Joe Biden’s unprecedented actions to erase student-loan debt have fallen flat with the young voters in swing states he needs to win reelection, according to the latest Bloomberg News/Morning Consult poll . 2) After clashing in recent years, Wall Street traders and the Federal Reserve are – for once – broadly in sync: The great monetary pivot is near as central bankers engineer a once-unthinkable soft landing in the world’s largest economy. 3) House Republicans th...
Dec 14, 2023•17 min
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