On today's podcast:    

1) President Donald Trump said he would be “substantially raising” the tariff on Indian exports to the US over the Asian nation’s purchases of Russian oil, a move New Delhi slammed as unjustified in an escalating fight between the two major economies.

2) Texas Governor Greg Abbott ordered the arrest of Democratic lawmakers who left the state to block a controversial vote on new congressional maps. 

3) Palantir Technologies Inc. reported a 48% increase in revenue for the second quarter to more than $1 billion, citing the “astonishing impact” of artificial intelligence technology on its business.

On today's podcast: &nbsp; &nbsp;
1) President Donald Trump said he would be &ldquo;substantially raising&rdquo; the tariff on Indian exports to the US over the Asian nation&rsquo;s purchases of Russian oil, a move New Delhi slammed as unjustified in an escalating fight between the two major economies.
2) Texas Governor Greg Abbott ordered the arrest of Democratic lawmakers who left the state to block a controversial vote on new congressional maps.&nbsp;
3) Palantir Technologies Inc. reported a 48% increase in revenue for the second quarter to more than $1 billion, citing the &ldquo;astonishing impact&rdquo; of artificial intelligence technology on its business.

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.

Trump Vows to Ramp Up India Tariffs; Texas Governor Orders Arrest of Democrats

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/cb998e7d-c113-475a-8c96-b330009be721/transcript

Today's top stories, with context, in just 15 minutes.
On today's podcast:
1) NATO allies unveiled billions in defense industry deals to buy next-generation drones and surveillance planes as allies attempt to convince President Trump that Europe is heeding his spending demands ahead of the NATO Summit. Eleven countries will buy airborne radar-detection systems from Swedish aerospace firm Saab AB, replacing a US-made Boeing Co model, in a deal worth $5 billion. Allies will invest more than $40 billion in counter-drone capabilities over the next five years, according to NATO Secretary General Mark Rutte.
2) Maine Democrat Graham Platner is under pressure to end his bid for a US Senate seat following a sexual assault allegation he has denied. Senate Democratic leader Chuck Schumer and Senator Kirsten Gillibrand called on Platner to step aside and vowed to cut off the party's funding for him if he stays on the ballot. Several Democrats, including Senator Elizabeth Warren and Representative Ro Khanna, have withdrawn their endorsements of Platner and urged him to leave the race, citing the "troubling and deeply serious" allegations against him.
3) Team USA’s run in the World Cup came to an end as it failed to make the quarterfinals, losing 4-1 to Belgium. Outrage over FIFA’s decision to allow striker Folarin Balogun to play continued to simmer after the organization reversed his one-game ban. The reversal sparked outrage across the world, with UEFA calling it “incomprehensible and unjustifiable” and accusing FIFA of crossing “a red line."

Today's top stories, with context, in just 15 minutes. On today's podcast: 1) NATO allies unveiled billions in defense industry deals to buy next-generation drones and surveillance planes as allies attempt to convince President Trump that Europe is heeding his spending demands ahead of the NATO Summit. Eleven countries will buy airborne radar-detection systems from Swedish aerospace firm Saab AB, replacing a US-made Boeing Co model, in a deal worth $5 billion. Allies will invest more than $40 billion in counter-drone capabilities over the next five years, according to NATO Secretary General Mark Rutte. 2) Maine Democrat Graham Platner is under pressure to end his bid for a US Senate seat following a sexual assault allegation he has denied. Senate Democratic leader Chuck Schumer and Senator Kirsten Gillibrand called on Platner to step aside and vowed to cut off the party's funding for him if he stays on the ballot. Several Democrats, including Senator Elizabeth Warren and Representative Ro Khanna, have withdrawn their endorsements of Platner and urged him to leave the race, citing the "troubling and deeply serious" allegations against him. 3) Team USA&rsquo;s run in the World Cup came to an end as it failed to make the quarterfinals, losing 4-1 to Belgium. Outrage over FIFA&rsquo;s decision to allow striker Folarin Balogun to play continued to simmer after the organization reversed his one-game ban. The reversal sparked outrage across the world, with UEFA calling it &ldquo;incomprehensible and unjustifiable&rdquo; and accusing FIFA of crossing &ldquo;a red line."

NATO Leaders Tout Defense Spending; US Knocked Out of World Cup

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/848d3f0b-1b94-4999-8d35-b48000a06eca/transcript

Today's top stories, with context, in just 15 minutes.
On today's podcast:
1) President Trump will meet with Ukrainian President Volodymyr Zelenskyy at a NATO summit in Turkey on Wednesday that will be charged with tension over the US leader’s views on Greenland, European defense spending and the Iran war. Trump arrives in Turkey on Tuesday, when he will meet with President Recep Tayyip Erdogan before a summit with the full defense alliance the next day, White House spokesperson Anna Kelly said. Meantime, Ukraine failed to intercept a single Russian ballistic missile in a deadly overnight attack on the eve of the NATO summit, highlighting Kyiv’s growing vulnerability as shortages of US-made Patriot air defenses become acute and peace talks remain stalled. Eleven people were killed and 60 injured in the overnight strikes on Kyiv that caused destruction in several districts of the city, damaging multiple residential buildings, Zelenskyy said Monday on X.
2) Oil fluctuated in a narrow range, as flows through the Strait of Hormuz persisted and OPEC+ signaled higher supplies. Brent traded above $72 a barrel, while West Texas Intermediate was near $69. Oil and gas shipping along a US-protected corridor in the waterway showed signs of recovering Sunday, a day after several vessels had performed unexplained U-turns and detours in the energy chokepoint. Separately, OPEC+ members backed another modest rise in quotas for next month, with seven nations led by Saudi Arabia and Russia agreeing to add 188,000 barrels a day in a further roll-back of curbs made several years ago.
3) US futures signaled a mild rebound in technology stocks at the start of a week in which South Korea’s memory giants will put the artificial-intelligence trade to yet another test. Nasdaq 100 contracts climbed 1% after the US holiday break. The Stoxx 600 hovered near a record high. Asian stocks fluctuated, with Samsung Electronics Co.’s 164% year-to-date rally set to face the spotlight when the chipmaker releases earnings for the June quarter on Tuesday. The report will be followed days later by peer SK Hynix Inc.’s massive ADR listing.

Today's top stories, with context, in just 15 minutes. On today's podcast: 1) President Trump will meet with Ukrainian President Volodymyr Zelenskyy at a NATO summit in Turkey on Wednesday that will be charged with tension over the US leader&rsquo;s views on Greenland, European defense spending and the Iran war. Trump arrives in Turkey on Tuesday, when he will meet with President Recep Tayyip Erdogan before a summit with the full defense alliance the next day, White House spokesperson Anna Kelly said. Meantime, Ukraine failed to intercept a single Russian ballistic missile in a deadly overnight attack on the eve of the NATO summit, highlighting Kyiv&rsquo;s growing vulnerability as shortages of US-made Patriot air defenses become acute and peace talks remain stalled. Eleven people were killed and 60 injured in the overnight strikes on Kyiv that caused destruction in several districts of the city, damaging multiple residential buildings, Zelenskyy said Monday on X. 2) Oil fluctuated in a narrow range, as flows through the Strait of Hormuz persisted and OPEC+ signaled higher supplies. Brent traded above $72 a barrel, while West Texas Intermediate was near $69. Oil and gas shipping along a US-protected corridor in the waterway showed signs of recovering Sunday, a day after several vessels had performed unexplained U-turns and detours in the energy chokepoint. Separately, OPEC+ members backed another modest rise in quotas for next month, with seven nations led by Saudi Arabia and Russia agreeing to add 188,000 barrels a day in a further roll-back of curbs made several years ago. 3) US futures signaled a mild rebound in technology stocks at the start of a week in which South Korea&rsquo;s memory giants will put the artificial-intelligence trade to yet another test. Nasdaq 100 contracts climbed 1% after the US holiday break. The Stoxx 600 hovered near a record high. Asian stocks fluctuated, with Samsung Electronics Co.&rsquo;s 164% year-to-date rally set to face the spotlight when the chipmaker releases earnings for the June quarter on Tuesday. The report will be followed days later by peer SK Hynix Inc.&rsquo;s massive ADR listing.

Trump Heads to NATO Summit; Oil Swings as Hormuz Flows Persist

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/0e92ba0f-bddb-488a-8a0a-b47f00a06337/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 – we look at the potential impact of AI on the labor market
In the UK – we preview the upcoming NATO summit in Turkey
In Asia – we discuss inflation in China ahead of new economic data

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; we look at the potential impact of AI on the labor market</li>
<li>In the UK &ndash; we preview the upcoming NATO summit in Turkey</li>
<li>In Asia &ndash; we discuss inflation in China ahead of new economic data</li>
</ul>

Daybreak Weekend: AI's Job Impact, NATO Summit, China Eyes New Eco Data

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/cecb5e18-5acd-4cc1-8b05-b47c00e83cb1/transcript

Trump Vows to Ramp Up India Tariffs; Texas Governor Orders Arrest of Democrats

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