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On today's podcast:

1) Alphabet Set to Gain as Cloud, Search Fuel Strong Results

2) UBS Profit Beat Expectations as Bank Warns of US Vote Risks

3) Yankees Beat Dodgers on Volpe Slam to Avoid World Series Sweep 

What would YOU like to hear about on Bloomberg? Help make shows like ours even better by taking our Bloomberg <a href="https://bit.ly/48b5Rdn" data-destination="https://bit.ly/48b5Rdn">audience survey</a>.
On today's podcast:
1) Alphabet Set to Gain as Cloud, Search Fuel Strong Results
2) UBS Profit Beat Expectations as Bank Warns of US Vote Risks
3) Yankees Beat Dodgers on Volpe Slam to Avoid World Series Sweep

Listen for today's top stories, with context, in just 15 minutes. 

Each morning, hosts Nathan Hager and Karen Moskow bring you the latest on US politics, foreign relations, business, financial markets and global economics. The show is recorded at 5 AM ET each weekday, so you get the freshest reporting on the stories that matter. Get informed from Bloomberg's 3,000 journalists and analysts. Listen and subscribe to Bloomberg Daybreak: US Edition.

Listen for today's top stories, with context, in just 15 minutes. Each morning, hosts Nathan Hager and Karen Moskow bring you the latest on US politics, foreign relations, business, financial markets and global economics. The show is recorded at 5 AM ET each weekday, so you get the freshest reporting on the stories that matter. Get informed from Bloomberg's 3,000 journalists and analysts. Listen and subscribe to Bloomberg Daybreak: US Edition.

Bloomberg Daybreak: US Edition

Listen for today's top stories, with context, in just 15 minutes. 

Each morning, hosts Nathan Hager and Karen Moskow bring you the latest headlines on US politics, foreign relations, financial markets and global economics. The show is recorded at 5AM ET each weekday, so you get the freshest reporting on the stories that matter. Get informed from Bloomberg's 3,000 journalists and analysts. Listen and subscribe to Bloomberg Daybreak: US Edition.

Listen for today's top stories, with context, in just 15 minutes. Each morning, hosts Nathan Hager and Karen Moskow bring you the latest headlines on US politics, foreign relations, financial markets and global economics. The show is recorded at 5AM ET each weekday, so you get the freshest reporting on the stories that matter. Get informed from Bloomberg's 3,000 journalists and analysts. Listen and subscribe to Bloomberg Daybreak: US Edition.

Alphabet Rallies on AI Bet; Yankees Avoid Elimination

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/5638d835-b42f-46b7-9ae1-b219009d1dc2/transcript

Today's top stories, with context, in just 15 minutes.
On today's podcast:
1) Yemen's government, backed by Saudi Arabia, claimed to have regained territory from the Houthis, as fighting in the region near the Bab el-Mandeb strait intensifies. The Yemeni armed forces said they took control of the Red Sea city of Mokha after battles with the Iran-backed Houthis, and also took over other areas near the Bab el-Mandeb strait. The Saudi-led coalition announced a large operation to recapture Houthi-held territory, and the Houthis responded by firing missiles and drones at the kingdom, targeting the main airport in Riyadh.
2) President Trump is preparing to ease limits on the use of red dyed diesel, a tax-exempt variety of diesel, to pare costs for the essential fuel ahead of the November midterm elections. The plan would allow more widespread use of red or dyed diesel, which is generally available for off-road purposes, and could translate into an effective tax break in some cases. The administration's approach is seen as a bid to address costs for diesel that have surged amid wars in Russia and the Middle East, with retail prices for diesel averaging $6.32 per gallon on Sunday.
3) Billionaire Ray Dalio warned that the Treasury market is vulnerable to a pullback of demand from China and Japan, two of the US’s largest foreign creditors. Dalio said the US relies on foreign capital for about a third of its debt, and that Japan and China have already been paring their holdings. He also warned that the US faces a potential debt crisis within a certain timeframe, and that some borrowers are already starting to feel the squeeze.

Today's top stories, with context, in just 15 minutes. On today's podcast: 1) Yemen's government, backed by Saudi Arabia, claimed to have regained territory from the Houthis, as fighting in the region near the Bab el-Mandeb strait intensifies. The Yemeni armed forces said they took control of the Red Sea city of Mokha after battles with the Iran-backed Houthis, and also took over other areas near the Bab el-Mandeb strait. The Saudi-led coalition announced a large operation to recapture Houthi-held territory, and the Houthis responded by firing missiles and drones at the kingdom, targeting the main airport in Riyadh. 2) President Trump is preparing to ease limits on the use of red dyed diesel, a tax-exempt variety of diesel, to pare costs for the essential fuel ahead of the November midterm elections. The plan would allow more widespread use of red or dyed diesel, which is generally available for off-road purposes, and could translate into an effective tax break in some cases. The administration's approach is seen as a bid to address costs for diesel that have surged amid wars in Russia and the Middle East, with retail prices for diesel averaging $6.32 per gallon on Sunday. 3) Billionaire Ray Dalio warned that the Treasury market is vulnerable to a pullback of demand from China and Japan, two of the US&rsquo;s largest foreign creditors. Dalio said the US relies on foreign capital for about a third of its debt, and that Japan and China have already been paring their holdings. He also warned that the US faces a potential debt crisis within a certain timeframe, and that some borrowers are already starting to feel the squeeze.

Saudi-Led Forces Advance Against Houthis; Dalio Warns of Debt Crisis

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/555b6183-31fb-4e23-8f81-b4db009dcdc5/transcript

Today's top stories, with context, in just 15 minutes.   

On today's podcast:   

1) Yemen's government launched a full-scale military campaign to recapture Houthi-held territory after weeks of escalating conflict between the Iran-backed group and Saudi Arabia. The Saudi-led coalition will provide full operational support to Yemeni government forces to end the "Houthi coup" and said Saudi Arabia has the right to defend its sovereignty. The aim is for the Houthis to be "eliminated", according to the coalition's statement, as the fighting has pushed up energy prices and led to increased military support from Western powers. Oil swung amid intensified fighting in Yemen and risks to shipping remain acute.   

2) The Pentagon has removed bombers based at the Royal Air Force base in the UK after new threats of a plot linked to Iran emerged. A Defense Department official said all American bombers deployed at RAF Fairford have returned to their home bases in the US. UK Defense Secretary Wes Streeting said Iran was likely responsible for the thwarted attempt to attack, after police arrested a British-Iranian dual national on suspicion of preparation of terrorist acts.   

3) Former Anthropic researcher Jacob Coxon will testify at a New York City Council hearing alongside representatives of some of the world’s biggest AI companies. Coxon quit Anthropic last month and issued a warning about the race to develop increasingly powerful AI, accusing his former employer and OpenAI of “gambling with our lives.” The hearing is part of an effort by New York officials to play a larger role in regulating the AI industry, with proposals under consideration including giving whistleblowers a portion of fines or penalties recovered from AI companies.

Today's top stories, with context, in just 15 minutes.&nbsp; &nbsp; On today's podcast:&nbsp; &nbsp; 1) Yemen's government launched a full-scale military campaign to recapture Houthi-held territory after weeks of escalating conflict between the Iran-backed group and Saudi Arabia. The Saudi-led coalition will provide full operational support to Yemeni government forces to end the "Houthi coup" and said Saudi Arabia has the right to defend its sovereignty. The aim is for the Houthis to be "eliminated", according to the coalition's statement, as the fighting has pushed up energy prices and led to increased military support from Western powers. Oil swung amid intensified fighting in Yemen and risks to shipping remain acute.&nbsp; &nbsp; 2) The Pentagon has removed bombers based at the Royal Air Force base in the UK after new threats of a plot linked to Iran emerged. A Defense Department official said all American bombers deployed at RAF Fairford have returned to their home bases in the US. UK Defense Secretary Wes Streeting said Iran was likely responsible for the thwarted attempt to attack, after police arrested a British-Iranian dual national on suspicion of preparation of terrorist acts.&nbsp; &nbsp; 3) Former Anthropic researcher Jacob Coxon will testify at a New York City Council hearing alongside representatives of some of the world&rsquo;s biggest AI companies. Coxon quit Anthropic last month and issued a warning about the race to develop increasingly powerful AI, accusing his former employer and OpenAI of &ldquo;gambling with our lives.&rdquo; The hearing is part of an effort by New York officials to play a larger role in regulating the AI industry, with proposals under consideration including giving whistleblowers a portion of fines or penalties recovered from AI companies.

Yemen Attacks Houthis; Anthropic Researcher to Testify

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/de4968e4-ec61-468d-b180-b4da009cf096/transcript

Months after Kayla’s discovery, dozens of women in Levittown, a New York suburb on Long Island, learn they, too, are subjects of faked porn. Most are recent graduates of the local high school, and they zero in on a culprit. One of them sets out to prove it.

For official transcripts and additional information on this series, go to bloomberg.com/levittown

Months after Kayla&rsquo;s discovery, dozens of women in Levittown, a New York suburb on Long Island, learn they, too, are subjects of faked porn. Most are recent graduates of the local high school, and they zero in on a culprit. One of them sets out to prove it.
For official transcripts and additional information on this series, go to bloomberg.com/levittown

BONUS SERIES: Levittown Episode 2  |  ‘I’m Also on the Website’

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/8850653d-be88-4627-8377-b4ce011c44d3/transcript

Alphabet Rallies on AI Bet; Yankees Avoid Elimination

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