Fed Cut Delay Likely, Yentervention & Sunak's Comeback Bid
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Federal Reserve officials are poised to keep interest rates steady for a sixth consecutive meeting and signal no plans for cuts in the near future after higher-than-expected inflation. (2) Japan likely …
HSBC CEO Shock Retirement, US Borrowing Soars & Risky SocGen Trades
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) HSBC CEO Noel Quinn is unexpectedly stepping down after nearly 5 years in the job, triggering a search for a replacement at Europe's largest bank. (2) The US Treasury ramped up its estimate for federal b…
60,000 Fed Headlines, Massive Yen Swings & The Cost of NIMBYism
Your morning briefing, the business news you need in just 15 minutes.On today's podcast: (1) Bloomberg Economics' Fed sentiment index — powered by a natural language processing algorithm based on more than 60,000 Fed headlines — shows that in December, Powell delivered a major pivot. By hinting a…
Daybreak Weekend: Fed and Apple Preview, Autonomous Weapons Conference, Samsung Earnings
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 next week’s Fed meeting and a preview of Apple earnings. In the UK – a look at the Vienna Conference on Autonomous Weapons Systems. In Asia - a preview of Samsu…
Big Tech Soars & Lessons Learned Through Tragedy
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Microsoft and Google owner Alphabet sent a clear message to investors on Thursday: Our spending on artificial intelligence and cloud computing is paying off. The companies trounced Wall Street estimates w…
UPDATE: A Mining Mega Takeover, Barclays, BNP Paribas, Deutsche Bank Post Earnings, & Meta Shares Drop 19%
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) BHP Group proposed a takeover of Anglo American that values the smaller miner at £31.1 billion ($38.8 billion), in a deal that would catapult the combined company’s copper production far beyond its rival…
Meta Shares Drop 15%, A Mining Mega Takeover & European Bank Earnings
Your morning briefing, the business news you need in just 15 minutes.On today's podcast: (1) Shares in Meta have dropped by as much as 19% in after-hours trading, after the social media giant said it plans to spend billions of dollars more than expected this year. (2) The world's largest mining …
Tesla's Budget Car Boost, Senate Passes Ukraine Aid & Fed Hawks
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Tesla is accelerating the launch of less-expensive cars in a bid to revive sagging demand following another disappointing quarter. (2) The Senate passed a long-delayed $95 billion emergency aid package …
Rwanda Deportation Bill, Goldman's Paris Move & Gucci Eyes Designer Transition
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Rishi Sunak’s government is preparing to get the first deportation flights to Rwanda off the ground by July after the UK prime minister’s flagship law to declare the African nation a “safe” destination …
Zelenskiy Welcomes Aid, A TikTok Countdown & Tesla Woes Mount
Your morning briefing, the business news you need in just 15 minutes. On today’s podcast: (1) US approval of more than $60 billion in aid throws a lifeline to Ukraine’s beleaguered military, though it’s unlikely to turn the tide in the war on its own. (2) After years of working to assure th…