Ceasefire On 'Life Support'; High Stakes Trump-Xi Meeting

Today's top stories, with context, in just 15 minutes. On today's podcast: 1) Shipping traffic in the Strait of Hormuz remained at a standstill on Tuesday, with oil rising after President Trump rejected Iran’s latest offer. Trump called Iran’s response to his proposal a “piece of garbage” and said …

US Rejects Iran's New Offer; Trump Heads to Beijing This Week

Today's top stories, with context, in just 15 minutes. On today's podcast: 1) President Trump and Iran rejected each other’s latest peace proposals to end the 10-week conflict as the two sides struggle to maintain a fragile ceasefire. “I have just read the response from Iran’s so-called ‘Representa…

Daybreak Weekend: US CPI, Cannes Festival, Bessent Visits Japan

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 U.S CPI, PPI, and Retail sales data, along with a focus on 3 stocks for the week ahead. In the UK – a look ahead to the annual Cannes film festival.…

US & Iran Strike Each Other, Trump's New Tariffs Blocked

Today's top stories, with context, in just 15 minutes. On today's podcast: 1) The US and Iran clashed near the Strait of Hormuz, with US forces targeting missile and drone launch sites and other military assets in Iran. The clashes risk undermining talks over a US-proposed deal to end the war, with…

Trump Waits For Iran Response, US-EU Trade Deal Stumbles Again

Today's top stories, with context, in just 15 minutes. On today's podcast: 1) The Trump administration is waiting on Iran to respond to its proposal to reopen the Strait of Hormuz and end a war that’s killed thousands of people and triggered a surge in energy prices. Iran is expected to give an ans…

Report: US, Iran Close to War's End; Trump, China's Xi Prepare for Meeting

Today's top stories, with context, in just 15 minutes.    On today's podcast:    1) The US believes it’s close to an agreement with Iran to end the near 10-week war, Axios reported, as China added its voice to global diplomatic pressure to wrap up the conflict. Washington and Tehran are working o…

US and Iran Trade Fire; Secret Service Shoots Man Near White House

Today's top stories, with context, in just 15 minutes. On today's podcast: 1) The fragile US-Iran ceasefire held Tuesday morning after a day of clashes involving shipping in the Strait of Hormuz and missile attacks against the United Arab Emirates. The violence erupted after US President Donald Tru…

Trump Tests Plan to Reopen Strait; GameStop's $56 Billion eBay Takeover Offer

Today's top stories, with context, in just 15 minutes.    On today's podcast:    1) President Trump said the US will help ships stranded in the Persian Gulf transit the Strait of Hormuz, describing it as a “humanitarian gesture” and testing his ability to restore traffic through the strategic wat…

Daybreak Weekend: US Jobs, UK Elections, RBA Decision

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 April jobs report in the U.S and a focus on 3 stocks for the week ahead. In the UK – a look ahead to the UK’s Midterm local elections. In Asia –…

Trump Maintains Naval Blockade; Big Tech Earnings Wrap with Apple

Today's top stories, with context, in just 15 minutes. On today's podcast: 1) President Trump vowed to maintain a naval blockade on Iran and was briefed by commanders on further military options. Iran's speaker of parliament, Mohammad Bagher Ghalibaf, said the blockade will further push up oil pric…