Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) Stocks edged lower in the runup to Nvidia Corp.’s earnings, a key test for market stability, after concerns over lofty valuations triggered a selloff that wiped out about $1.6 trillion from global equities.(2) Nvidia, the world’s most valuable company, is set to deliver a quarterly report Wednesday that could assure Wall Street that the AI computing boom continues apace — or fuel fears that the tech industry is in a bubble.(3) China has told Japan it will suspend imports of Japanese seafood, Kyodo News reported, in a move that signals their diplomatic spat is far from over and could further strain economic ties.(4) The UK’s domestic security service warned British lawmakers of new Chinese-backed efforts to target them online, reigniting concerns about espionage by Beijing around Parliament.(5) The European Union’s deep economic ties to China are constraining its ability to pressure Beijing over Russia’s war in Ukraine, the bloc’s top diplomat said.(6) Donald Trump’s firm control of Washington showed signs of weakening Tuesday as Congress voted to compel the Justice Department to release its files on sex trafficker Jeffrey Epstein, whose earlier ties to the president have been the subject of intense scrutiny.Podcast Conversation: In Dubai, a $1.1 Million AI Chef Is Running Its Own RestaurantSee omnystudio.com/listener for privacy information.
--------
21:47
--------
21:47
Global Stock Losses Deepen, Can AI Deliver Growth, Wealthy Brits Budget Prep
Your morning briefing, the business news you need in just 15 minutes. On today's podcast:(1) Stocks sold off and Bitcoin hit a seven-month low as investors pulled back from riskier corners of the market before a high-stakes week featuring Nvidia Corp.’s earnings and a pivotal US jobs report.(2) The eye-watering valuations of artificial intelligence champions such as Nvidia Corp., which enjoys a market cap of $5 trillion, prompt a question: Will AI’s growth revolution match investors’ hopes?(3) President Donald Trump said the US would sell F-35 fighter jets to Saudi Arabia, offering Crown Prince Mohammed bin Salman a prize he’s long cherished — even though many obstacles remain before he gets the stealthy planes.(4) The UK is drawing up countermeasures against the European Union’s proposed steel tariff increase in the event that Prime Minister Keir Starmer cannot secure a deal to blunt their impact.(5) German Chancellor Friedrich Merz joined European politicians in saying the bloc’s banking regulations are too strict as the US gives lenders an easier ride to free up financing for the economy.Podcast Conversation: Bezos Brings Signature Management Style to $6 Billion AI StartupSee omnystudio.com/listener for privacy information.
Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) Just a little more than a month after reaching an all-time high, Bitcoin has erased the more than 30% gain registered since the start of the year as the exuberance over the pro-crypto stance of the Trump administration fades.(2) Keir Starmer’s government plans to make it easier to remove migrants with no rights to stay in the UK, as the prime minister seeks to gain control of the political narrative after one of the most bruising weeks of his 16 months in power.(3) Oil traders are not counting on OPEC+ to cut production next year, despite forecasts that a global supply surplus could send prices even lower.(4) President Donald Trump said proposed Senate legislation to sanction countries conducting business with Russia would be “okay with me,” his strongest indication yet that he would support a monthslong push to strangle Moscow’s funding.(5) German Finance Minister Lars Klingbeil pressed for an “open, rules-based global trading system” as he departed for a high-stakes visit to Asia, as frictions over trade restrictions between the US, China and Europe ramp up.Podcast Conversation: The Best Gifts of 2025See omnystudio.com/listener for privacy information.
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 earnings from Nvidia, Walmart, and Target. In the UK – a look ahead to the European Business Summit. In Asia – a look ahead to Japan’s upcoming GDP report. See omnystudio.com/listener for privacy information.
--------
37:53
--------
37:53
Reeves Mulls Tax U-Turn, China’s Economy Falters, Keeping Vintage Time
Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) UK Chancellor Rachel Reeves is considering dropping plans to raise the headline rates of income tax and a slew of other levies in her upcoming budget.(2) China’s economic activity cooled more than expected at the start of the fourth quarter with an unprecedented slump in investment and slower growth in industrial output.(3) US President Donald Trump is readying substantial tariff cuts and trade deals as he seeks to address voter concerns over high food prices and the cost of goods.(4) The BBC's Chairman Samir Shah has written to the White House expressing remorse to US President Donald Trump for a misleading documentary edit of his January 6th speech in 2021. (5) EU officials are looking at how to transform the European Securities & Markets Authority into a more sweeping watchdog like the SEC in the United States.Podcast Conversation: How to Get Your Vintage Timepiece Safely ServicedSee omnystudio.com/listener for privacy information.