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Your morning briefing. The news you need in just 15 minutes. 
On today's podcast:

1) Thousands of job cuts are on the way at Meta

2) China calls the US approach to Beijing a 'reckless gamble'

3) A push to ban TikTok could be introduced in the Senate today  

Your morning briefing. The news you need in just 15 minutes. On today's podcast:
1) Thousands of job cuts are on the way at Meta
2) China calls the US approach to Beijing a 'reckless gamble'
3) A push to ban TikTok could be introduced in the Senate today

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.

Meta Cuts More Jobs and China Ramps Up Rhetoric

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/7ac8273a-ff4d-491c-90b9-afbe00ac2560/transcript

Today's top stories, with context, in just 15 minutes.
On today's podcast:
1) Israel is holding its first election since the 2023 Hamas attack, with Prime Minister Benjamin Netanyahu seeking reelection, saying his military campaigns have improved security. Polls forecast a razor-thin outcome, with neither bloc likely to secure enough votes to claim a parliamentary majority, potentially leading to complex negotiations and a possible second election. The Israeli Arab minority may end up as kingmakers, with the two Israeli Arab parties offering to support a government led by former armed forces chief Gadi Eisenkot, who is leading the opposition against Netanyahu.
2) The US Midterm election for control of Congress is now just seven days away. President Trump was in Mississippi last night urging Republicans to turn out and vote for incumbent Senator Cindy Hyde-Smith. Today, President Trump continues his red state campaign blitz in Texas. He's set to hold rallies this afternoon in Corpus Christi and tonight in Lubbock for Republican Ken Paxton, who's locked in a tight Senate race with Democrat James Talarico. The president has been trying to ease voter concerns about higher fuel costs from the wars in Ukraine and Iran. While in Texas, Secretary of State Marco Rubio is expected to join President Trump in Port Arthur to show off a newly-arrived oil tanker with Venezuelan crude. It also comes as the average price Americans are paying for gasoline under President Trump has overtaken the average during the Biden administration.
3) Flávio Bolsonaro abandoned plans to challenge the result of Brazil’s presidential election, while his Liberal Party formally conceded defeat to reelected President Luiz Inácio Lula da Silva. The Liberal Party recognized the election result in a statement, while criticizing the increase of public spending in the run-up to the vote and its potential impact on the race. Bolsonaro said he would now seek to have Lula’s ticket disqualified, citing what he described as false information and the use of public funds for measures announced in the final weeks of the campaign.

Today's top stories, with context, in just 15 minutes. On today's podcast: 1) Israel is holding its first election since the 2023 Hamas attack, with Prime Minister Benjamin Netanyahu seeking reelection, saying his military campaigns have improved security. Polls forecast a razor-thin outcome, with neither bloc likely to secure enough votes to claim a parliamentary majority, potentially leading to complex negotiations and a possible second election. The Israeli Arab minority may end up as kingmakers, with the two Israeli Arab parties offering to support a government led by former armed forces chief Gadi Eisenkot, who is leading the opposition against Netanyahu. 2) The US Midterm election for control of Congress is now just seven days away. President Trump was in Mississippi last night urging Republicans to turn out and vote for incumbent Senator Cindy Hyde-Smith. Today, President Trump continues his red state campaign blitz in Texas. He's set to hold rallies this afternoon in Corpus Christi and tonight in Lubbock for Republican Ken Paxton, who's locked in a tight Senate race with Democrat James Talarico. The president has been trying to ease voter concerns about higher fuel costs from the wars in Ukraine and Iran. While in Texas, Secretary of State Marco Rubio is expected to join President Trump in Port Arthur to show off a newly-arrived oil tanker with Venezuelan crude. It also comes as the average price Americans are paying for gasoline under President Trump has overtaken the average during the Biden administration. 3) Fl&aacute;vio Bolsonaro abandoned plans to challenge the result of Brazil&rsquo;s presidential election, while his Liberal Party formally conceded defeat to reelected President Luiz In&aacute;cio Lula da Silva. The Liberal Party recognized the election result in a statement, while criticizing the increase of public spending in the run-up to the vote and its potential impact on the race. Bolsonaro said he would now seek to have Lula&rsquo;s ticket disqualified, citing what he described as false information and the use of public funds for measures announced in the final weeks of the campaign.

Israel Election; Trump's Red State Midterm Blitz

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/71da3843-88be-4108-8056-b4f0009feb16/transcript

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


On today's podcast:
1) President Luiz Inácio Lula da Silva won Brazil’s runoff election with 51.8% of the vote, defeating Flávio Bolsonaro who received 48.2%. Lula's victory will likely lead to market uncertainty and a potential selloff of assets, as investors had been expecting a Flavio Bolsonaro win to fix the country's fiscal accounts. Early indications pointed to a major rout, with an ETF tracking Brazilian equities in New York sinking 27% in pre-market trading, and a currency derivatives contract showing the real at 5.55 per dollar. Bolsonaro called for the annulment of Brazil’s presidential runoff after losing the election to Lula da Silva. Bolsonaro accused the Supreme Court of changing the rules mid-game when it mandated a last-minute extension of voting hours on Sunday.
2) President Trump said it's "getting to be decision time" on whether he will make a deal with Tehran or resume attacks as Iranian and Houthi threats against Americans continue to grow. The US is reducing diplomatic and military staffing in parts of the Middle East amid growing threats from Iran and the Iran-backed Houthi militants in Yemen. Iran is preparing to retaliate across the Middle East, including against Israel and the United Arab Emirates, in the event of a fresh US bombing campaign.
3) Democrats are preparing to launch congressional investigations into the administration's handling of files related to Jeffrey Epstein if they regain power after the midterm elections. Representative Robert Garcia said the Epstein investigation is going to be one of the top priorities, alongside probes into the Trump family's business dealings and allegations of corporate corruption. Any probe would ripple well beyond Washington, with Wall Street and corporate America already bracing for a wave of Democratic investigations, and major banks that had ties to Epstein's financial dealings could be called to testify.

Today's top stories, with context, in just 15 minutes.
 On today's podcast: 1) President Luiz In&aacute;cio Lula da Silva won Brazil&rsquo;s runoff election with 51.8% of the vote, defeating Fl&aacute;vio Bolsonaro who received 48.2%. Lula's victory will likely lead to market uncertainty and a potential selloff of assets, as investors had been expecting a Flavio Bolsonaro win to fix the country's fiscal accounts. Early indications pointed to a major rout, with an ETF tracking Brazilian equities in New York sinking 27% in pre-market trading, and a currency derivatives contract showing the real at 5.55 per dollar. Bolsonaro called for the annulment of Brazil&rsquo;s presidential runoff after losing the election to Lula da Silva. Bolsonaro accused the Supreme Court of changing the rules mid-game when it mandated a last-minute extension of voting hours on Sunday. 2) President Trump said it's "getting to be decision time" on whether he will make a deal with Tehran or resume attacks as Iranian and Houthi threats against Americans continue to grow. The US is reducing diplomatic and military staffing in parts of the Middle East amid growing threats from Iran and the Iran-backed Houthi militants in Yemen. Iran is preparing to retaliate across the Middle East, including against Israel and the United Arab Emirates, in the event of a fresh US bombing campaign. 3) Democrats are preparing to launch congressional investigations into the administration's handling of files related to Jeffrey Epstein if they regain power after the midterm elections. Representative Robert Garcia said the Epstein investigation is going to be one of the top priorities, alongside probes into the Trump family's business dealings and allegations of corporate corruption. Any probe would ripple well beyond Washington, with Wall Street and corporate America already bracing for a wave of Democratic investigations, and major banks that had ties to Epstein's financial dealings could be called to testify.

Lula's Comeback in Brazil; Trump Threatens to "Finish it Off" in Iran

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/e73f3ce1-46b7-48db-bd77-b4ef009eda8a/transcript

Kayla faces down her harasser in court. In New Zealand, an investigator summons a global army of hackers.

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

Kayla faces down her harasser in court. In New Zealand, an investigator summons a global army of hackers.
For official transcripts and additional information on this series, go to bloomberg.com/levittown

BONUS SERIES: Levittown Episode 5  |  The Vigilantes

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/cb208078-eee8-4435-aa2f-b4ce011ec076/transcript

Meta Cuts More Jobs and China Ramps Up Rhetoric

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