Your morning briefing. The news you need in just 15 minutes.  

On today's podcast:  
1) Maui Death Toll Climbs to 53 With Wildfire 80% Contained   
2) Biden Calls China’s Economy ‘Ticking Time Bomb’ in New Barb   
3) UBS Ends $10 Billion Loss Protection Deal With Swiss Government 

Your morning briefing. The news you need in just 15 minutes.   On today's podcast:  1) Maui Death Toll Climbs to 53 With Wildfire 80% Contained    2) Biden Calls China’s Economy ‘Ticking Time Bomb’ in New Barb    3) UBS Ends $10 Billion Loss Protection Deal With Swiss Government

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.

Hawaii Death Toll Rises; Biden Sparks Fresh China Tensions

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/7e4dd848-3aa1-419c-8a6d-b05b009c8f6b/transcript

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

On today's podcast:

1) Iran fired on American forces overnight and the US and Saudi Arabia struck Tehran-backed militias in Iraq, abruptly ending a days-long lull in hostilities.
The US and Iran had paused attacks at the end of last week to give diplomacy another chance, leading to a significant drop in energy prices.

2) Oil surged as a fresh round of fighting erupted across the Middle East, threatening further disruptions to energy flows and severely undermining diplomatic efforts to end the months-old conflict.
Brent climbed almost 4% to above $87 a barrel, paring some of the 16% loss over the past three sessions that was its biggest such decline since 2020. Since the start of July, the benchmark has traded in range of almost $32.

3) US stocks edged higher as traders held off on major bets ahead of a US interest-rate decision where markets see room for a hike and earnings from two of the world’s biggest spenders on artificial intelligence.
S&P 500 futures rose 0.2%. Nasdaq 100 contracts were flat after a selloff in chipmakers left the underlying index on the brink of a technical correction. Treasuries stalled after three days of gains, with traders assigning about a 30% chance of a Federal Reserve rate increase. The dollar barely budged.

Today's top stories, with context, in just 15 minutes.
On today's podcast:
1) Iran fired on American forces overnight and the US and Saudi Arabia struck Tehran-backed militias in Iraq, abruptly ending a days-long lull in hostilities. The US and Iran had paused attacks at the end of last week to give diplomacy another chance, leading to a significant drop in energy prices.
2) Oil surged as a fresh round of fighting erupted across the Middle East, threatening further disruptions to energy flows and severely undermining diplomatic efforts to end the months-old conflict. Brent climbed almost 4% to above $87 a barrel, paring some of the 16% loss over the past three sessions that was its biggest such decline since 2020. Since the start of July, the benchmark has traded in range of almost $32.
3) US stocks edged higher as traders held off on major bets ahead of a US interest-rate decision where markets see room for a hike and earnings from two of the world&rsquo;s biggest spenders on artificial intelligence. S&amp;P 500 futures rose 0.2%. Nasdaq 100 contracts were flat after a selloff in chipmakers left the underlying index on the brink of a technical correction. Treasuries stalled after three days of gains, with traders assigning about a 30% chance of a Federal Reserve rate increase. The dollar barely budged.

Iran Attacks US Bases; Oil Jumps as Fighting Erupts

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/c82643e9-bfd5-49f3-bd1d-b496009d72ff/transcript

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

On today's podcast:

1) The US and Iran extended their pause in hostilities, with the focus turning to talks between Tehran and Oman over restarting traffic in the Strait of Hormuz.
Omani and Iranian negotiators met in Tehran over the weekend and discussions are ongoing, according to people familiar with the situation, asking not to be identified referring to sensitive matters. A deal to get ships moving through the waterway more frequently would enable the Islamic Republic and the US to resume formal negotiations about Tehran’s nuclear program and permanently ending their five-month war, the people said.

2) A selloff in semiconductor stocks deepened as signs of progress in China’s advanced chipmaking compounded worries about the sustainability of the artificial intelligence spending boom.
US technology-heavy Nasdaq 100 futures fell 0.6%, while in Asia, a 7.5% slump put a Bloomberg gauge of semiconductor shares on course for its biggest decline since April 2025.

3) Taiwanese prosecutors detained an Nvidia Corp. employee as part of a probe into the alleged smuggling of AI chips into China, thrusting the US company into a high-profile case concerning the black market for its products.
Local investigators searched the home of the staffer and his desk at Nvidia’s Taipei office on July 24, according to people familiar with the matter. The courts later granted prosecutors’ request to detain the person on allegations of forgery and breach of trust, the people said, asking not to be named as the employee’s identity isn’t public.

Today's top stories, with context, in just 15 minutes.
On today's podcast:
1) The US and Iran extended their pause in hostilities, with the focus turning to talks between Tehran and Oman over restarting traffic in the Strait of Hormuz. Omani and Iranian negotiators met in Tehran over the weekend and discussions are ongoing, according to people familiar with the situation, asking not to be identified referring to sensitive matters. A deal to get ships moving through the waterway more frequently would enable the Islamic Republic and the US to resume formal negotiations about Tehran&rsquo;s nuclear program and permanently ending their five-month war, the people said.
2) A selloff in semiconductor stocks deepened as signs of progress in China&rsquo;s advanced chipmaking compounded worries about the sustainability of the artificial intelligence spending boom. US technology-heavy Nasdaq 100 futures fell 0.6%, while in Asia, a 7.5% slump put a Bloomberg gauge of semiconductor shares on course for its biggest decline since April 2025.
3) Taiwanese prosecutors detained an Nvidia Corp. employee as part of a probe into the alleged smuggling of AI chips into China, thrusting the US company into a high-profile case concerning the black market for its products. Local investigators searched the home of the staffer and his desk at Nvidia&rsquo;s Taipei office on July 24, according to people familiar with the matter. The courts later granted prosecutors&rsquo; request to detain the person on allegations of forgery and breach of trust, the people said, asking not to be named as the employee&rsquo;s identity isn&rsquo;t public.

Trump Talks Up Iran Diplomacy; Chip Rout Deepens on China Competition

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/a3e33ad1-7843-461d-a1f5-b49500a1d186/transcript

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

On today's podcast:

1) The US and Iran held off attacks on one another for a third straight night, helping lift global stock and bond markets and push down oil prices. President Trump is giving diplomacy “some space,” according to Mike Waltz, Washington’s ambassador to the United Nations, after Trump threatened to step up attacks in Iran. Iran’s army says it has halted its retaliation against US bases and troops in the region as a result of Trump’s decision to hold off on strikes, but tensions between the warring sides remain high.

2) Three people were killed and at least five others injured in a shooting at a food festival near Seattle’s Space Needle landmark on Sunday. Seattle police are investigating and advised people to avoid the area, with one suspect taken into custody and another suspect remaining at large. The shooting happened during the Bite of Seattle festival, with police believing that two people were shooting at each other and asking witnesses to come forward with information.

3) Nvidia will invest $1 billion in Naver Corp. to help finance an AI data center under construction in South Korea. Nvidia is teaming up with SK Group to build more than 2 gigawatts of AI data centers on the Korean Peninsula. It comes amid a Wall Street Journal report that the company is in talks to provide a roughly $250 billion backstop for OpenAI as part of a massive data center project.

Today's top stories, with context, in just 15 minutes.
On today's podcast:
1) The US and Iran held off attacks on one another for a third straight night, helping lift global stock and bond markets and push down oil prices. President Trump is giving diplomacy &ldquo;some space,&rdquo; according to Mike Waltz, Washington&rsquo;s ambassador to the United Nations, after Trump threatened to step up attacks in Iran. Iran&rsquo;s army says it has halted its retaliation against US bases and troops in the region as a result of Trump&rsquo;s decision to hold off on strikes, but tensions between the warring sides remain high.
2) Three people were killed and at least five others injured in a shooting at a food festival near Seattle&rsquo;s Space Needle landmark on Sunday. Seattle police are investigating and advised people to avoid the area, with one suspect taken into custody and another suspect remaining at large. The shooting happened during the Bite of Seattle festival, with police believing that two people were shooting at each other and asking witnesses to come forward with information.
3) Nvidia will invest $1 billion in Naver Corp. to help finance an AI data center under construction in South Korea. Nvidia is teaming up with SK Group to build more than 2 gigawatts of AI data centers on the Korean Peninsula. It comes amid a Wall Street Journal report that the company is in talks to provide a roughly $250 billion backstop for OpenAI as part of a massive data center project.

US & Iran Hold Fire For Now, Three Shot Dead In Seattle

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/f1fdb91c-3382-41d3-be15-b49400a0927d/transcript

Hawaii Death Toll Rises; Biden Sparks Fresh China Tensions

In 1 playlist(s)

Bloomberg Daybreak: US Edition

Social links

Follow podcast

Recent clips