Bloomberg Daybreak: US Edition

On today's podcast: 1) Top US and European diplomats are gathering in Antalya, Turkey on Thursday as the outlook dims for any major breakthrough in expected peace talks between Ukraine and Russia. 2) President Donald Trump said the US might be getting closer to an agreement with Iran to curb the Islamic Republic’s nuclear program. 3) UnitedHealth Group Inc. is under criminal investigation fo...

On today's podcast: 1) The Trump administration is clearing a path for two key Persian Gulf allies to pursue their artificial intelligence ambitions — and some of the biggest US tech companies are seizing on that opening with plans to spend billions of dollars in the region. 2) The S&P 500 and Nasdaq 100 indexes turned higher for the year on Tuesday, reversing multi-trillion dollar routs...

On today's podcast:  1) The Wall Street stocks rally is set to pause due to concerns about inflation and economic growth, with US futures pointing to a decline. Investors are taking a breather after the 90-day tariff cool-off between the US and China, and will be looking for clues on the trajectory of Federal Reserve interest rates in the US inflation print. 2) President Donald Trump is in Sa...

On today's podcast:  1) Stocks soar as the U.S. and China agree to de-escalate their trade war. The US and China will temporarily lower tariffs on each other's products, with the US reducing its levies from 145% to 30% and China reducing its duties from 125% to 10%. The tariff reductions are a move to cool trade tensions and give the two countries three more months to resolve their difference...

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 look ahead to U.S eco data and earnings from the retail giant, Walmart. In the UK – a look ahead to Portugal’s general election. In Asia – a look ahead to Japan industrial production, PPI, and GDP data. See omnystudio.com/listener for privacy inf...

On today's podcast: 1) The Trump administration is weighing a dramatic tariff reduction during weekend talks with China to de-escalate tensions and temper the economic pain both are already starting to feel. 2) President Donald Trump is pushing lawmakers to increase tax rates on some of the wealthiest Americans as a way to offset other cuts in his signature economic package. 3) Cardinal Robert Fra...

On today's podcast:  1) President Trump is expected to unveil a limited trade deal with the UK this morning and hints at a new tension point in trade talks with China. The UK deal is likely to focus on reducing tariffs on cars and steel, and may include discussions on tech, AI, and digital trade, but will come with significant caveats and may not be a comprehensive trade pact. 2) Fed Cha...

On today's podcast: 1) US Treasury Secretary Scott Bessent and US Trade Representative Jamieson Greer will travel later this week to Switzerland for trade talks with China led by Vice Premier He Lifeng, seeking to de-escalate a tariff standoff that has threatened to hammer both economies. 2) India conducted targeted military strikes against Pakistan, which said it retaliated in expected tit-for-ta...

On today's podcast: 1) Scott Bessent walked on stage at the largest gathering in months of Wall Street’s champions of global trade, aiming to explain why President Donald Trump is putting up hurdles to global trade. 2) Canadian Prime Minister Mark Carney said he’ll meet with US President Donald Trump in Washington on Tuesday, their first face-to-face encounter since he won an election...

On today's podcast: 1) President Donald Trump suggested that his administration could strike trade deals with some countries as soon as this week, offering the prospect of relief for trading partners seeking to avoid higher US import duties. 2) Warren Buffett picked the final minute of his 60th shareholder meeting to drop a long-awaited announcement that was still completely surprising for his fan...

Financial analysts were far more prepared than most CEOs for the US tariffs announced on April 2. Analysts, who serve as a proxy for the financial markets, anticipated tariffs would soon be an enormous issue, mentioning the topic 62% more often than did CEOs during Q1 earnings calls. That’s the conclusion of the second edition of the CEO Radar—a tool to help CEOs determine which issues...

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 look ahead to next week’s Fed decision and earnings from Walt Disney. In the UK – a look ahead to the challenges facing Germany’s next Chancellor. In Asia – a look ahead to a look ahead to economic data in China. See omnystudio.com/listener...

On today's podcast:  1) China said it is assessing the possibility of trade talks with the US, the first sign since Donald Trump hiked tariffs last month that negotiations could begin between the two sides. 2) Apple Inc.’s much-awaited quarterly earnings report failed to soothe investor concerns about its biggest challenges, including escalating tariff costs and a slowdown in China. 3)...

On today's podcast: 1) Microsoft Corp. shares jumped after the company reported stronger-than-expected quarterly sales and profit growth, suggesting customer demand for cloud services has held steady despite a wave of tariffs and economic turbulence. 2) Meta Platforms Inc. quelled Wall Street concerns about the impact of the Trump administration’s trade war on advertising sales, reporting fi...

On today's podcast: 1) President Trump marks his first 100 days in Michigan car country and hits the Fed as he defends sweeping tariffs. Trump criticized Federal Reserve Chairman Jerome Powell, saying he's "not really doing a good job" and that Trump knows more about interest rates than Powell does. He also defended his economic policies, including tariffs, which he claims will inspire economic gr...

On today's podcast: 1) Canada’s Liberal Party is projected to win a fourth consecutive election, giving a mandate to former central banker Mark Carney after a campaign in which he pledged to boost economic growth and stand up to US President Donald Trump in a trade war. 2) President Donald Trump is on track to ease the impact of his auto tariffs, with changes sought by the industry that woul...

On today's podcast: 1) President Donald Trump’s tariff onslaught has roiled Washington and Wall Street for nearly a month. If the trade war persists, the next upheaval will hit much closer to home. 2) Donald Trump promised Americans a “boom like no other” if they elected him president. But based on the stock market’s performance during his first 100 days in office, it depen...

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 look ahead to the April jobs report and big tech earnings. In the UK – a look ahead to local elections. In Asia – a look ahead to China PMI data. See omnystudio.com/listener for privacy information.

On today's podcast:    1) European stocks surrendered most of an early advance and Wall Street futures pared gains as China played down progress in its trade dispute with the US.    2) Google parent Alphabet Inc. reported first-quarter revenue and profit that exceeded analysts’ expectations, buoyed by continued strength in its search advertising business.    3)...

China Says U.S. Should Revoke Tariffs; Trump Approval Rating DropsOn today's podcast: 1) China demanded that the US revoke all unilateral tariffs and said there were no talks on reaching a trade deal, maintaining a a tough stance despite President Donald Trump’s easing of criticism of the country 2) The Trump administration is considering whether to reduce certain tariffs targeting the auto...

1) President Donald Trump said he had no intention of firing Federal Reserve Chair Jerome Powell despite his frustration with the central bank not moving more quickly to slash interest rates. 2) President Donald Trump said he plans to be “very nice” to China in any trade talks and that tariffs will drop if the two countries can reach a deal, a sign he may be backing down from his tough...

On today's podcast:   1) US stocks are set to bounce back from Monday’s losses as investors nervously weighed up progress on trade talks with India and Tesla’s upcoming earnings. Gold topped $3,500 for the first time. 2) President Donald Trump warned the US economy may slow if the Federal Reserve does not move to immediately reduce interest rates, in his latest broadside against F...

On today's podcast: 1) Pope Francis, who encouraged Catholics to embrace a more compassionate view on many issues but found it difficult to close the book on past abuses by clergy, has died. He was 88. Francis passed away at 7:35 a.m. Monday in Rome, the Vatican said in a statement. He had been hospitalized in Rome in mid-February with bronchitis, which progressed to pneumonia in both lungs &mdash...

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 look ahead to home sales data and Tesla earnings. In the UK – a look ahead to how companies across Europe and beyond are preparing to share their latest financial performances with the market. In Asia – a look ahead to how some Chinese companies are lo...

On this special holiday edition of Bloomberg Daybreak US edition, host John Tucker discusses President Trump recent criticism of Fed Chair Powell with Michael McKee and Stuart Paul. He also talks about ETF inflows with Eric Balchunas and looks at the future of antitrust litigation with Jennifer Rie.  See omnystudio.com/listener for privacy information.