White House Text Breach Fallout, New Tariffs Teased On today's podcast:
On today's podcast: 1) The Atlantic’s top editor said he was added to a text group in which top US officials discussed detailed plans to bomb Houthi targets in Yemen with other top US officials, an extraordinary breach of security from an administration that has repeatedly vowed to clamp down on leaks. 2) President Donald Trump said he will announce tariffs on automobile imports in the coming days — and indicated nations will receive breaks from next week’s “reciprocal” tariff 3) Federal Reserve Bank of Atlanta President Raphael Bostic said he now sees just one interest-rate cut as likely this year, rather than two, with tariff hikes impeding progress on disinflation.See omnystudio.com/listener for privacy information.
25/3/2025
16:53
Introducing: Stock Movers
Stock Movers is a new, five-minute podcast on today's winners and losers in the stock market. Listen for analysis on the companies making news in markets. Listen on Apple: https://apple.co/4kJ43ONListen on Spotify: https://apple.co/4kJ43ONListen Anywhere: https://bit.ly/41VXOyH See omnystudio.com/listener for privacy information.
24/3/2025
0:30
Targeted Trump Tariffs; US Discussions on Ukraine-Russia
On today's podcast: 1) Markets get a lift on word President Trump's tariffs will be more targeted. President Trump is preparing to announce "reciprocal tariffs" on April 2, targeting countries that have tariffs or barriers on US goods, but excluding some nations and blocs. 2) Separate ceasefire talks continue between the U-S, Ukraine and Russia. The White House aims to reach a truce agreement in the Russia-Ukraine war by April 20, but recognizes that the timeline may slip due to large gaps between the two sides' positions. 3) Mark Carney takes aim at Trump as he launches his election campaign in Canada. Canadian Prime Minister Mark Carney has called an election for April 28, with polls showing a close contest between his Liberal Party and the Conservatives.See omnystudio.com/listener for privacy information.
24/3/2025
16:49
Daybreak Weekend: CPI Preview, Reeves Statement, BYD Earnings
Bloomberg Daybreak Weekend with Tom Busby takes a look at some of the stories we'll be tracking in the coming week. In the US – a preview of U.S CPI and PCE data, along with a look at the impact of tariffs on housing. In the UK – a preview of UK Chancellor Rachel Reeves’ spring statement. In Asia – a preview of Chinese EV Maker BYD’s earnings. See omnystudio.com/listener for privacy information.
21/3/2025
38:36
Heathrow Airport Shuttered; Musk and China War Plans
1) London's Heathrow airport will be closed all day Friday due to a major power outage caused by a nearby fire at an electrical substation. The airport advises passengers not to travel to the airport, and disruptions are expected to continue over the coming days, with hundreds of flights already canceled. 2) President Trump denied a report that Elon Musk would be briefed on the American military's contingency planning for a potential war with China. Defense Secretary Pete Hegseth confirmed that Musk would visit the Pentagon, but characterized the meeting as an informal discussion about innovation, efficiencies, and smarter production. 3) President Trump signed an executive order to largely dismantle the Education Department, directing Education Secretary Linda McMahon to "take all necessary steps to facilitate the closure" of the department. The move is part of Trump's vision to overhaul the US government, with the goal of transferring the department's functions to states and reducing its workforce of over 4,000 employees by nearly half.See omnystudio.com/listener for privacy information.
Brasil