On today's podcast: 1) President Joe Biden blamed Donald Trump for sinking a bipartisan immigration and Ukraine aid bill , saying the Republican frontrunner pressured members of his party to reject it in order to gain an advantage in the November election. 2) Nikki Haley suffered an embarrassing loss in the largely symbolic Republican Nevada presidential primary on Tuesday , while President Joe Biden secured an easy victory in the state’s Democratic vote. 3) New York Community Bancorp ’s credit ...
Feb 07, 2024•17 min
On today's podcast: 1) A hard-fought bipartisan deal to impose new US border restrictions and unlock Ukraine war aid is on the brink of collapsing in the Senate , where Republican support crumbled in the face of opposition from GOP presidential front-runner Donald Trump. 2) UBS Group AG will buy back up to $1 billion in shares this year, as the bank seeks to keep investors focused on the upside of its complex integration of Credit Suisse . 3) Boeing Co. executives have spent the past month grapp...
Feb 06, 2024•17 min
On today's podcast: 1) Federal Reserve Chair Jerome Powell said Americans may have to wait beyond March for the central bank to cut interest rates as officials look for more economic data to confirm that inflation is headed down to 2%. 2) The US vowed more strikes against Iran’s forces and its proxies in the Middle East after three straight days of punishing attacks, even as Washington insisted it won’t be pulled into a prolonged regional conflict. 3) Senators released a bipartisan deal Sunday t...
Feb 05, 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 - we preview Disney and Uber earnings In the UK - we detail how big oil is grappling with geopolitics and climate change In Asia - we look to the Lunar New Year and the health of the Chinese consumer See omnystudio.com/listener for privacy information.
Feb 03, 2024•38 min
On today's podcast: 1) Meta Platforms Inc. and Amazon.com Inc. spent 2023 cutting costs and re-focusing their businesses . It was a strategy that upended the lives of tech workers in Seattle and Silicon Valley, but appears to have paid off handsomely for investors who are likely to continue reaping benefits. 2) Apple Inc.’s latest quarterly results triggered investor fears that the company is losing clout in China, a long-prized market that generates roughly a fifth of its sales. 3) A monthly US...
Feb 02, 2024•22 min
On today's podcast: Federal Reserve officials cemented the end of their aggressive campaign to push up interest rates , and sought to reset expectations for how soon and how fast they’ll cut this year as inflation pressures fade. US megacap earnings are back in focus, with Apple Inc., Amazon.com Inc. and Meta Platforms Inc. all due to release results In an unscripted scene during tense testimony Wednesday, Meta Platforms Inc. Chief Executive Officer Mark Zuckerberg stood before a packed Senate h...
Feb 01, 2024•17 min
Bloomberg's Tom Keene, Jonathan Ferro and Lisa Abramowicz discuss remarks from Fed Chair Jay Powell following the Federal Reserve's latest policy decision See omnystudio.com/listener for privacy information.
Jan 31, 2024•26 min
Bloomberg's Tom Keene, Jonathan Ferro and Lisa Abramowicz break down the Federal Reserve's latest policy decision on a special edition of Bloomberg Surveillance See omnystudio.com/listener for privacy information.
Jan 31, 2024•29 min
On today's podcast: 1) Microsoft Corp., Alphabet Inc.’s Google and Advanced Micro Devices Inc. — three companies working harder than nearly anyone to weave artificial intelligence into their products — are finding that investor expectations for the technology are hard to meet. 2) Six in 10 swing-state voters say President Joe Biden bears responsibility for a surge in migrants at the US-Mexico border , a downbeat signal for his reelection prospects as Republicans largely avoid blame on the issue,...
Jan 31, 2024•23 min
On today's podcast: 1) Iran urged the US to use diplomacy to ease tensions in the Middle East , as Tehran braces for a military response to a deadly attack on an American base over the weekend. 2) US earnings grab the limelight later as the busiest week so far of this reporting season moves up a gear. Microsoft Corp. and Alphabet Inc. will offer the first evidence of whether the bullish sentiment around the so-called Magnificent Seven looks sustainable. 3) Elon Musk said that the first human pat...
Jan 30, 2024•17 min
On today's podcast: 1) Iran sought to distance itself from a deadly attack on a US base in Jordan by a Tehran-backed militia, as President Joe Biden faced mounting pressure to order a harsh response against the Islamic Republic. 2) China Evergrande Group received a liquidation order from a Hong Kong court, setting off a daunting process to carve up the biggest casualty of a property crisis that’s upending the world’s second-largest economy. 3) Nikki Haley vowed to stay in the Republican presiden...
Jan 29, 2024•18 min
Many shoppers in the Middle East, as well as in Muslim nations like Pakistan are shunning big foreign brands, driven by a wellspring of anger against Western countries for their support of Israel during the war with Hamas. In this special podcast, Bloomberg reporters Leen Al-Rashdan and Salma El Wardany discuss the effects of the boycott movements, speak to those who've changed their spending habits, and to businesses who've seen an increase in sales as consumers make the switch to more local br...
Jan 28, 2024•13 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 preview Apple earnings and look ahead to the Fed Meeting In the UK - we look ahead to the Bank of England rate decision In Asia - we talk a look at the over picture of the Chinese economy See omnystudio.com/listener for privacy information.
Jan 27, 2024•39 min
On today's podcast: 1) Intel Plunges After Forecast Casts Doubt on Comeback Bid 2) Apple Overhauls App Store and iPhone Features to Appease EU 3) US Extends Lead Over China in Race for World’s Biggest Economy See omnystudio.com/listener for privacy information.
Jan 26, 2024•17 min
On today's podcast: 1) Tesla Inc. shares plunged after Elon Musk’s pitch to look past slower sales growth fell flat with investors. The stock fell 8% in early trading Thursday, after Tesla narrowly missed earnings estimates and warned its rate of expansion will be “notably lower” this year. The company spent all of 2023 cutting prices to boost sales, which ate into profits. 2) Boeing Co. faces a commercial setback after the US Federal Aviation Administration froze planned production increases fo...
Jan 25, 2024•17 min
On today's podcast: 1) Trump Racing Toward 2024 Biden Rematch After New Hampshire Win 2) Netflix Posts Best Customer Gain Since Surge During Pandemic 3) Alaska Air CEO Says Loose Bolts Found in ‘Many’ Boeing Jets See omnystudio.com/listener for privacy information.
Jan 24, 2024•23 min
Former President Donald Trump won the New Hampshire primary, dealing a blow to his only remaining major rival Nikki Haley. Here is special coverage of the results, hosted by Bloomberg's Kailey Leinz and Joe Mathieu. See omnystudio.com/listener for privacy information.
Jan 24, 2024•27 min
On today's podcast: 1) Israel said 24 of its soldiers were killed in Gaza on Monday , marking the worst single-day death toll for the military since the war against Hamas began in October. 2) New Hampshire’s primary Tuesday is the stage for a crucial showdown between Donald Trump and Nikki Haley — the last major challenger standing between the former president and the GOP nomination. 3) Bill Gross has some advice for the Federal Reserve : stop winding down its balance sheet now, and start cuttin...
Jan 23, 2024•23 min
On today's podcast: 1) DeSantis Pulls Out of Presidential Race, Backs Trump 2) Israel’s Netanyahu Rejects Hamas’s Terms for Hostage Release 3) Stocks Rally as Wall Street Set to Build on Record See omnystudio.com/listener for privacy information.
Jan 22, 2024•22 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 preview Netflix earnings and look ahead to inflation data In the UK - We look ahead to the first European Central Bank meeting of the year In Asia - will the Bank of Japan end the World's last negative interest rate In Washington - we head to New Hampshire for the country's first primary election of the 2024 Presidential race. See omnystudio.com/listener for privacy ...
Jan 20, 2024•34 min
On today's podcast: 1) Houthis Fire Missiles at Another US-Owned Ship in the Red Sea 2) Congress Approves Funding to Avert US Government Shutdown 3) Apple to Get First Taste of Shopper Demand for $3,499 Vision Pro See omnystudio.com/listener for privacy information.
Jan 19, 2024•22 min
On today's podcast: 1) The US launched more strikes on Yemen’s Houthis overnight as the Iran-backed militant group continues to roil global shipping markets with attacks around the Red Sea. 2) Oil nudged higher as twin incidents in the Middle East underlined the region’s rapidly escalating tensions , which have already snarled global shipping and carry the potential for interruptions to crude production. 3) Apple Inc. will begin selling versions of its Series 9 and Ultra 2 watches without a bloo...
Jan 18, 2024•17 min
On today's podcast: 1) Treasury Secretary Janet Yellen called on lawmakers to pass a temporary spending bill this week and avert a partial US government shutdown. 2) The European Central Bank is likely to cut interest rates in the summer , according to President Christine Lagarde. Interviewed at Bloomberg House in Davos by Francine Lacqua, she was asked if there could be majority support for such a move, given that several policymakers have signaled that timing. 3) Apple Inc. ’s iPhone dethroned...
Jan 17, 2024•23 min
On today's podcast: 1) Donald Trump tightened his grip on the Republican presidential nomination after Iowa voters delivered him a victory in Monday’s caucuses and moved him one step closer to returning to the White House. 2) Microsoft Corp . Chief Executive Officer Satya Nadella said while he wants consistency and good governance at partner OpenAI , he’s not worried about the company’s nonprofit structure and doesn’t want greater control over his partner. 3) Slashed earnings estimates are c rea...
Jan 16, 2024•23 min
In this MLK Day Special edition of Daybreak, we look at the global outlook for oil after the airstrikes in Yemen. Plus, Cleveland Fed President Loretta Mester says March is probably too early for a rate cut. Hosted by Nathan Hager. See omnystudio.com/listener for privacy information.
Jan 15, 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 preview the week's upcoming economic data, including retail sales. In the UK - we look ahead to the World Economic Forum in Davos In Asia - we discuss the current climate for chipmakers in China In Washington - with the Iowa caucuses right around the corner, new polling suggests that the Republican race is tightening. See omnystudio.com/listener for privacy informati...
Jan 13, 2024•34 min
On today's podcast: 1) President Joe Biden faces the biggest test yet of his ability to avert a wider war in the Middle East following US-led air strikes against Houthi rebels in Yemen aimed at halting their campaign of attacks on shipping traffic in the Red Sea. 2) After a rally in global bank stocks at year-end, the largest US banks need to show results that support their improved valuations. 3) After years of anticipation, the first US exchange-traded funds that invest directly in the biggest...
Jan 12, 2024•17 min
On today's podcast: 1) US regulators for the first time approved exchange-traded funds that invest directly in Bitcoin , a move heralded as a landmark event for the roughly $1.7 trillion digital-asset sector that will broaden access to the largest cryptocurrency on Wall Street and beyond. 2) A monthly report on US consumer prices due Thursday will probably show another soft inflation reading thanks in part to more declines in the goods sector, according to Bloomberg Economics. 3) Nikki Haley and...
Jan 11, 2024•23 min
On today's podcast: 1) A highly anticipated decision by the US Securities and Exchange Commission on whether to approve a spot-Bitcoin exchange-traded fund quickly morphed into a major cybersecurity incident on Tuesday. 2) Boeing Chief Executive Officer Dave Calhoun fought back tears as he said the planemaker must own up to its shortcomings as it grapples with a safety incident that has renewed questions over the quality of its manufacturing. 3) Donald Trump’s claim that he is immune from prosec...
Jan 10, 2024•17 min
On today's podcast: 1) Investigators probing the fuselage blowout on a Boeing Co. 737 Max 9 on Jan. 5 determined that the door plug moved upward before ejecting and that fittings holding the part in place came loose , as the two US carriers operating the now-grounded aircraft said their own maintenance checks uncovered loose bolts on the parked jets. 2) Donald Trump’s lawyers will spar with federal prosecutors Tuesday in a high-stakes court battle to determine if he is immune from charges of try...
Jan 09, 2024•16 min
