Hunter Biden was found guilty of gun charges by a federal court jury in Delaware, becoming the first child of a sitting US president to be convicted of crimes. Bloomberg's Paul Sweeney and Jess Menton bring you instant reaction from our Bloomberg News team.

Hunter Biden was found guilty of gun charges by a federal court jury in Delaware, becoming the first child of a sitting US president to be convicted of crimes. Bloomberg's Paul Sweeney and Jess Menton bring you instant reaction from our Bloomberg News team.

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.

Instant Reaction: Hunter Biden Found Guilty

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/d7ef766b-2338-401f-85ff-b18c010523a6/transcript

Today's top stories, with context, in just 15 minutes.
On today's podcast:
1) Anthropic and OpenAI are promising measures to rein in the pursuit of cutting-edge AI models to better understand the risks posed by the technology following a series of security breaches. The two companies' calls to slow down AI development may be resisted by forces in the tech industry, financial markets, and the Trump administration, which has staked its economic agenda on aggressive AI advancement. Anthropic CEO Dario Amodei has proposed opening the company's doors to third-party evaluators to review new systems before their release, and OpenAI CEO Sam Altman has said he likes the idea and plans to implement it at his company.
2) Oil prices rose after Saudi Arabia closed a major crude pipeline following attacks, disrupting a key route that bypasses the Strait of Hormuz. The closure may lead to output cuts if it is prolonged, according to June Goh, senior oil market analyst at Sparta Commodities SA. A meeting between Iran and several Gulf nations on creating a temporary shipping lane through Hormuz was postponed, amid a rapid military advance by Iranian-backed Houthi militants in Yemen.
3) The Fed faces pressure to hike interest rates to tame elevated inflation, which puts Chair Kevin Warsh on a collision course with President Trump, who has pressed the central bank to slash rates. Trump has repeatedly argued that US borrowing costs should be the lowest in the world, and a rate hike could lead to a public rebuke from the president, damaging Warsh's credibility. Warsh is trapped in an institutional vise, where he must balance the Fed's independence with the president's pressure, and a decision to hike or hold rates could have consequences for inflation and the administration's economic goals.

Today's top stories, with context, in just 15 minutes. On today's podcast: 1) Anthropic and OpenAI are promising measures to rein in the pursuit of cutting-edge AI models to better understand the risks posed by the technology following a series of security breaches. The two companies' calls to slow down AI development may be resisted by forces in the tech industry, financial markets, and the Trump administration, which has staked its economic agenda on aggressive AI advancement. Anthropic CEO Dario Amodei has proposed opening the company's doors to third-party evaluators to review new systems before their release, and OpenAI CEO Sam Altman has said he likes the idea and plans to implement it at his company. 2) Oil prices rose after Saudi Arabia closed a major crude pipeline following attacks, disrupting a key route that bypasses the Strait of Hormuz. The closure may lead to output cuts if it is prolonged, according to June Goh, senior oil market analyst at Sparta Commodities SA. A meeting between Iran and several Gulf nations on creating a temporary shipping lane through Hormuz was postponed, amid a rapid military advance by Iranian-backed Houthi militants in Yemen. 3) The Fed faces pressure to hike interest rates to tame elevated inflation, which puts Chair Kevin Warsh on a collision course with President Trump, who has pressed the central bank to slash rates. Trump has repeatedly argued that US borrowing costs should be the lowest in the world, and a rate hike could lead to a public rebuke from the president, damaging Warsh's credibility. Warsh is trapped in an institutional vise, where he must balance the Fed's independence with the president's pressure, and a decision to hike or hold rates could have consequences for inflation and the administration's economic goals.

AI Leaders Warn of Catastrophic Harm; Tech Stocks Slide in Response

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/c77e0a40-088c-431f-93f9-b4c5009df1cc/transcript

Bloomberg Daybreak Weekend with Host Nathan Hager take a look at some of the stories we'll be tracking in the coming week.
In the US – a look ahead to the next FOMC decision, along with a focus on 3 stocks for the week ahead.
In the UK – a look ahead to Sweden’s general election.
In Asia – a look ahead to the next monetary policy decision from the Bank of Japan.

Bloomberg Daybreak Weekend with Host Nathan Hager take a look at some of the stories we'll be tracking in the coming week.
<ul>
<li>In the US &ndash; a look ahead to the next FOMC decision, along with a focus on 3 stocks for the week ahead.</li>
<li>In the UK &ndash; a look ahead to Sweden&rsquo;s general election.</li>
<li>In Asia &ndash; a look ahead to the next monetary policy decision from the Bank of Japan.</li>
</ul>

 Daybreak Weekend: Fed Decision, Sweden Election, BOJ Meeting

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/37b7a421-a609-4c33-9b40-b4c2013fe643/transcript

Today's top stories, with context, in just 15 minutes.
On today's podcast:
1) Politicians and public figures will gather today marking 25 years since the September 11th terrorist attacks in the United States National remembrance ceremonies will take place to honor the more than 3,000 people killed that day. This year, the National September 11th Memorial & Museum is adding a seventh moment of silence at 12:30pm, honoring thousands whose lives were cut short by illnesses linked to the toxic aftermath of the attacks. More than 8,000 people enrolled in the World Trade Center Health Program have since died, and officials say tens of thousands continue to battle 9/11-related health conditions. The FDNY will also lead a moment of silence at 9:11a E at the Times Square triangle, before heading to the NASDAQ to ring the opening bell. 
2) A six-member bloc of Gulf states are considering meeting with Iranian officials to discuss the future of the Strait of Hormuz, people familiar with the matter said. Oman is aiming to get foreign ministers from the Gulf Cooperation Council and Iran together on Monday in Salalah, according to a person familiar with the matter. The meeting is not confirmed and worsening hostilities between Saudi-backed forces and the Houthis may complicate the plans, another person said.
3) Diesel prices rose above $6 a gallon for the first time ever, raising the risk of further energy-driven inflation. The impact of record-high diesel prices will trickle down to consumers as diesel is a key input in food prices, the cost of shipping and construction. Geopolitical turmoil has sharply curtailed the world’s ability to produce and ship sufficient quantities of diesel, with fighting around the Strait of Hormuz and lost refining capacity limiting production and distribution.

Today's top stories, with context, in just 15 minutes. On today's podcast: 1) Politicians and public figures will gather today marking 25 years since the September 11th terrorist attacks in the United States National remembrance ceremonies will take place to honor the more than 3,000 people killed that day. This year, the National September 11th Memorial &amp; Museum is adding a seventh moment of silence at 12:30pm, honoring thousands whose lives were cut short by illnesses linked to the toxic aftermath of the attacks. More than 8,000 people enrolled in the World Trade Center Health Program have since died, and officials say tens of thousands continue to battle 9/11-related health conditions. The FDNY will also lead a moment of silence at 9:11a E at the Times Square triangle, before heading to the NASDAQ to ring the opening bell. 2) A six-member bloc of Gulf states are considering meeting with Iranian officials to discuss the future of the Strait of Hormuz, people familiar with the matter said. Oman is aiming to get foreign ministers from the Gulf Cooperation Council and Iran together on Monday in Salalah, according to a person familiar with the matter. The meeting is not confirmed and worsening hostilities between Saudi-backed forces and the Houthis may complicate the plans, another person said. 3) Diesel prices rose above $6 a gallon for the first time ever, raising the risk of further energy-driven inflation. The impact of record-high diesel prices will trickle down to consumers as diesel is a key input in food prices, the cost of shipping and construction. Geopolitical turmoil has sharply curtailed the world&rsquo;s ability to produce and ship sufficient quantities of diesel, with fighting around the Strait of Hormuz and lost refining capacity limiting production and distribution.

25 Years Since 9/11, Diesel Above $6 A Gallon

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/3b356b36-a876-48fd-8f05-b4c200a0675f/transcript

Instant Reaction: Hunter Biden Found Guilty

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