Bloomberg Daybreak: US Edition

Today's top stories, with context, in just 15 minutes.   

On today's podcast:   

1) A series of Midterm debates took place Tuesday night across the country, with Election Day just weeks away. In New York, Governor Kathy Hochul faced off with her Republican challenger Bruce Blakeman. Senate debates took place in Massachusetts, Maine, Georgia, and Iowa. Along with partisan barbs, the economy was a central theme across all of the conversations, and it comes as investors get a slew of economic news this week and this morning with the September CPI due out.   

2) Russia said it attack...

Today's top stories, with context, in just 15 minutes.   

On today's podcast:   

1) President Trump dismissed concerns that Russia and China might be helping Iran in its war with the US, adding that the two countries would have “too much to lose” in aiding the Islamic Republic. China and Russia have maintained close ties with Iran for decades but have denied providing arms assistance to Tehran in its conflict with the US that began in late February. There have, however, been reports of military cooperation. The Wall Street Journal has reported that Chinese entities shipped components used in Iran’...

Today's top stories, with context, in just 15 minutes.   

On today's podcast:   

1) Houthi militants targeted airports across Saudi Arabia, killing at least 14 people and wounding hundreds in two separate incidents at King Khalid International Airport in Riyadh. The Saudi-led military coalition intercepted missiles and drones aimed at the kingdom overnight, including areas that are home to some of Saudi Arabia’s key oil and gas facilities, and vowed a “decisive” response. Energy Minister Prince Abdulaziz bin Salman said the kingdom remained committed to providing energy security, stating “There is no way that somebody will break our back. We are...

It’s not just Levittown. The website hosting the doctored photos is the nexus of campaigns to harass women across the world. A victim in New Zealand helps to spark a global battle against the site and its elusive owner.

For official transcripts and additional information on this series, go to bloomberg.com/levittown

See 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.

See omnystudio.com/listener for privacy information.

Today's top stories, with context, in just 15 minutes.
On today's podcast:
1) President Trump said the US would “not be attacking Iran” before November’s midterm elections, citing “productive discussions” with the Islamic Republic. Trump's comments came despite Iran escalating attacks on tankers in the Strait of Hormuz and Tehran-backed militants in Yemen attacking energy facilities in Saudi Arabia. The president said a US naval blockade of Iranian exports would remain in place, and he has suggested Iran was waiting to see how his Republican Party would do during the midterms.
2) Hurricane Isaias is bearing down on the US Gul...

Today's top stories, with context, in just 15 minutes.
On today's podcast:
1) Oil climbed after a report that the White House asked the Pentagon to draw up strike options against Iran that could be executed before the midterm elections. Freight rates are surging, with shipping oil from the Middle East to China costing $1.4 million a day, the most on record. Producers in the Gulf of Mexico shut in more than 510,000 barrels a day of crude output in response to Hurricane Isaias forming in the US Gulf.
2) President Trump defended his immigration policies during a visit to Texas...

Today's top stories, with context, in just 15 minutes.
On today's podcast:
1) Iran has increased the pace of attacks on tankers in the Strait of Hormuz in recent days, with UK Maritime Trade Operations reporting nine attacks this month. The impact of the latest escalation on Hormuz shipments and seaborne gas flows is uncertain, according to maritime security officials and shipping executives. The flow of oil through the Strait of Hormuz has steadily picked up since the start of summer, with some Wall Street banks saying shipments are approaching prewar levels.
2) Elon Musk’s SpaceX is in ta...

Today's top stories, with context, in just 15 minutes.
On today's podcast:
1) Yemen's government, backed by Saudi Arabia, claimed to have regained territory from the Houthis, as fighting in the region near the Bab el-Mandeb strait intensifies. The Yemeni armed forces said they took control of the Red Sea city of Mokha after battles with the Iran-backed Houthis, and also took over other areas near the Bab el-Mandeb strait. The Saudi-led coalition announced a large operation to recapture Houthi-held territory, and the Houthis responded by firing missiles and drones at the kingdom, targeting the main airport in Riyadh.<...

Today's top stories, with context, in just 15 minutes.   

On today's podcast:   

1) Yemen's government launched a full-scale military campaign to recapture Houthi-held territory after weeks of escalating conflict between the Iran-backed group and Saudi Arabia. The Saudi-led coalition will provide full operational support to Yemeni government forces to end the "Houthi coup" and said Saudi Arabia has the right to defend its sovereignty. The aim is for the Houthis to be "eliminated", according to the coalition's statement, as the fighting has pushed up energy prices and led to increased military support from Western powers. Oil swung amid...

Months after Kayla’s discovery, dozens of women in Levittown, a New York suburb on Long Island, learn they, too, are subjects of faked porn. Most are recent graduates of the local high school, and they zero in on a culprit. One of them sets out to prove it.

For official transcripts and additional information on this series, go to bloomberg.com/levittown

See 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.

See omnystudio.com/listener for privacy information.

Today's top stories, with context, in just 15 minutes.

On today's podcast:

1) The Pentagon is deploying an additional aircraft carrier and 10,000 sailors and Marines to the Persian Gulf, giving American commanders more options if President Donald Trump chooses to escalate attacks on Iran. The USS Theodore Roosevelt carrier is headed to the Middle East, and when it arrives, the US could again have three carrier strike groups in the region. The US has sent two additional missile batteries to protect oil and gas facilities in Qatar and Saudi Arabia, and the USS Makin Island amphibious readiness...

Today's top stories, with context, in just 15 minutes.   

On today's podcast:   

1) A FlyDubai aircraft was attacked by one of its pilots, who stabbed or hit the other pilot with an ax, before being overwhelmed by passengers. The plane made an emergency landing at a Saudi airport after taking a sudden steep dive, and the United Arab Emirates attorney-general has ordered an investigation into the incident. The investigation will examine the circumstances and motives behind the attack, including whether it was linked to any terrorist activity, and the airline has suspended flights to and from Israel whil...

Today's top stories, with context, in just 15 minutes.
On today's podcast:
1) President Trump endorsed using outside auditors to assess the safety of artificial intelligence systems through an accord with Silicon Valley leaders. The accord, which carries no legal weight, commits AI companies to regularly meet to set best practices for the industry and implement internal controls for risks related to cybersecurity and other threats. The document suggests that AI companies "should" implement four layers of controls and notes that "it may make sense to codify" its recommendations into law or regulation in the future.
2) OpenAI aims...

Today's top stories, with context, in just 15 minutes.   

On today's podcast:   

1) Iranian officials have privately expressed pessimism about reaching a deal to end hostilities with Washington and reopen the Strait of Hormuz before US midterm elections in November, according to people familiar with the matter. Iran and the US made little progress during talks in New York on the sidelines of the United Nations General Assembly last week and the Islamic Republic believes there’s a high chance of the conflict escalating after the Nov. 3 vote, according to the people, some of whom were briefed by Ira...

Today's top stories, with context, in just 15 minutes.   

On today's podcast:   

1) The US and China detailed a plan to cut tariffs on about $30 billion of imports from each country, as the superpower rivals take steps to steady ties following a summit between leaders Donald Trump and Xi Jinping. The list for goods entering the US contains 77 entries, including fireworks, household products, sporting equipment and toys, according to documents published by both governments.   

2) Iran stuck to its seven-day proposal for reopening the crucial Strait of Hormuz, saying it won’t soften its conditions, while Presiden...

Stuck in her childhood home during the pandemic, Kayla is shocked to learn that photos of her, altered to make her look naked, are posted to a website where men swap violent fantasies about women. A conversation with police leaves Kayla discouraged.

For official transcripts and additional information on this series, go to bloomberg.com/levittown

See 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.

See omnystudio.com/listener for privacy information.

Today's top stories, with context, in just 15 minutes.

On today's podcast:

1) Donald Trump’s fete for China’s Xi Jinping has been heavy on pageantry and platitudes but light on substantive announcements, with the events shadowed by the US president’s preoccupation with construction projects and personal grievances.Through Thursday evening in Washington, the most significant news tied to the gathering was announced before it even began, when Treasury Secretary Scott Bessent said just as Xi’s plane landed that the two sides had extended a trade truce for another two months.

2) US and Iran...

Today's top stories, with context, in just 15 minutes.

On today's podcast:

1) The US and China have sealed a two-month extension to their trade truce, according to Treasury Secretary Scott Bessent. Xi Jinping is visiting the US for the first time in eleven years, and has stated he is "confident" the trip would produce "fruitful results." The truce extension ensures stability until 2027, but expectations for major breakthroughs have been low, with the US yet to be satisfied with China's offer on rare earths and possibly other issues.

2) Iranian President Masoud Pezeshkian said his country...

Today's top stories, with context, in just 15 minutes.
On today's podcast:
1) President Trump said his officials had “very good” talks with Iranian envoys in New York, reviving hopes for a diplomatic off-ramp. Iran laid down “firm positions” for the reopening of the Strait of Hormuz, including the US immediately lifting a naval blockade, unfreezing Iranian assets and ending the war “on all fronts." Trump said the three-hour session was “very productive” and another was being planned for the near future, but it’s not clear what, if any, progress was made in New York.
2) President Trump is welcoming Xi...

Today's top stories, with context, in just 15 minutes.
On today's podcast:
1) Chinese and US officials discussed artificial intelligence, investment and trade in New York on Monday. The talks focused on delivering on what’s been agreed by the US and Chinese lead negotiators, according to China’s Vice Finance Minister Liao Min. A trade truce extension is possible, with US Trade Representative Jamieson Greer saying a three to six-month extension is possible.
2) Oil erased earlier gains on a report that Iran could reopen the Strait of Hormuz if the US lifted a blockade of its ports. Japa...

Today's top stories, with context, in just 15 minutes.
On today's podcast:
1) US and Chinese officials offered upbeat assessments of their talks on artificial intelligence, trade and investment, signaling a mutual desire to steady ties ahead of this week’s summit between leaders Donald Trump and Xi Jinping.China’s top trade negotiator, Li Chenggang, said the talks were held in a “good atmosphere” as he left JPMorgan Chase & Co.’s headquarters in New York on Sunday, while US Treasury Secretary Scott Bessent lauded “very successful” discussions. The Chinese official Xinhua News Agency called the exchange “candid, in-depth and constructive...

Bloomberg Daybreak Weekend with Host Nathan Hager take a look at some of the stories we'll be tracking in the coming week.

See omnystudio.com/listener for privacy information.

Today's top stories, with context, in just 15 minutes.
On today's podcast:
1) The US is expected to hold off announcing new tariffs on China and other trading partners until after next week’s summit between Presidents Xi Jinping and Donald Trump, according to people familiar with the matter, a delay that could preserve such a threat as leverage in the negotiations.
2) The current round of panic over artificial intelligence is based on the conviction that the technology has slipped out of human control to do its own bidding in several recent incidents. To some disillusioned AI researchers — and...

Today's top stories, with context, in just 15 minutes.
On today's podcast:
1) The Federal Reserve raised interest rates by a quarter percentage point and plans an additional hike later this year to contain inflation. Chairman Kevin Warsh said the action shows the Fed is serious about delivering on the price stability objective and removing a dose of accommodation. The rate increase defied President Trump, who said on social media that US interest rates should be at 1% or lower and called for lower interest rates.
2) President Trump said he will put very serious tariffs or stop trading with...

Bloomberg's Tom Keene, Jon Ferro and Lisa Abramowicz discuss remarks from Fed Chair Kevin Warsh following the Federal Reserve's latest policy decision on a special edition of Bloomberg Surveillance. 

The Federal Reserve raised interest rates by a quarter percentage point and penciled in an additional hike later this year, steps aimed at containing inflation that will test Chairman Kevin Warsh’s relationship with President Donald Trump.

Wall Street traders drove stocks to the lowest since July on bets the Federal Reserve will keep raising rates to combat inflation after delivering its first hike in three yea...

The Federal Reserve raised interest rates by a quarter percentage point and penciled in an additional hike later this year, steps aimed at containing inflation that will test Chairman Kevin Warsh’s relationship with President Donald Trump.

“Today’s policy action will support a timelier return to the committee’s 2% goal,” officials said in a statement following the move Wednesday, referring to inflation. It was the US central bank’s first rate increase since July 2023.

Bloomberg's Tom Keene, Jon Ferro and Lisa Abramowicz break down the Federal Reserve's latest policy decision on a special edition of Bloomberg...

Today's top stories, with context, in just 15 minutes.
On today's podcast:
1) Senior Trump administration officials met with Anthropic's top Washington executive to discuss artificial intelligence safety risks. Tensions between Anthropic and the administration were reignited by a essay posted by the company's CEO Dario Amodei, who called for government regulation and urged pacing development of the most advanced AI systems. President Trump dismissed fears about AI risks as "a hoax" and rejected the idea of new rules, while leading AI developers have begun discussing AI safety concerns among themselves.
2) The Federal Reserve is expected to lift...

Today's top stories, with context, in just 15 minutes.   

On today's podcast:   

1) The Supreme Court refused to clear the Postal Service to enforce new restrictions on mail-in ballots for the congressional midterm elections, rebuffing the Trump administration’s request to intervene. The court denied the Justice Department’s request to lift a Boston federal judge’s order that barred the Postal Service from making its new mail-in ballot rules mandatory through the November contests. The Supreme Court's decision means that the Postal Service cannot enforce the new rules for the midterms, but the legal fight over whether th...

Today's top stories, with context, in just 15 minutes.
On today's podcast:
1) Anthropic and OpenAI are promising measures to rein in the pursuit of cutting-edge AI models to better understand the risks posed by the technology following a series of security breaches. The two companies' calls to slow down AI development may be resisted by forces in the tech industry, financial markets, and the Trump administration, which has staked its economic agenda on aggressive AI advancement. Anthropic CEO Dario Amodei has proposed opening the company's doors to third-party evaluators to review new systems before their release, and OpenAI...

Bloomberg Daybreak Weekend with Host Nathan Hager take a look at some of the stories we'll be tracking in the coming week.

See omnystudio.com/listener for privacy information.

Today's top stories, with context, in just 15 minutes.
On today's podcast:
1) Politicians and public figures will gather today marking 25 years since the September 11th terrorist attacks in the United States National remembrance ceremonies will take place to honor the more than 3,000 people killed that day. This year, the National September 11th Memorial & Museum is adding a seventh moment of silence at 12:30pm, honoring thousands whose lives were cut short by illnesses linked to the toxic aftermath of the attacks. More than 8,000 people enrolled in the World Trade Center Health Program have since died, and officials say tens...

Today's top stories, with context, in just 15 minutes.
On today's podcast:
1) President Trump offered voters a quid pro quo, saying elect Republicans and get a $5,000 payout, which he called the Trump dividend. The proposal is unlikely to become law, as fellow Republicans have already rejected similar ideas and Congress would need to approve a cash payment program with a price tag well over $1 trillion. Trump's announcement was met with skepticism, with some seeing it as a desperate attempt to motivate voters and others predicting it will backfire, particularly given the US debt at record levels.
2) Iran...

Today's top stories, with context, in just 15 minutes.
On today's podcast:
1) Brent oil topped $100 a barrel for the first time since July, as attacks between the US and Iran and a recovery in Chinese oil buying propel the global crude benchmark higher. The conflict has disrupted flows through the crucial Strait of Hormuz chokepoint, although millions of barrels a day continue to cross the waterway — mostly on tankers with their signals turned off. The continued disruption means inventories have continued to decline across the globe, with analytics firm Vortexa seeing the amount of oil on ships at se...

Today's top stories, with context, in just 15 minutes.
On today's podcast:
1) Canada imposed tariffs of 15% to 50% on hundreds of products from the US as Prime Minister Mark Carney bets that standing up to President Donald Trump will help Ottawa's negotiating position. The measure will hit US exporters particularly hard in states such as Michigan and Ohio that do a lot of business with Canada and host heated races in November's midterm elections. Canada's retaliatory tariffs are meant to make the cost of this trade war real enough for American businesses and consumers that Washington sees a clear...

On this special Labor Day Holiday edition of Bloomberg Daybreak - hosted by Nathan Hager we: 

Bloomberg Daybreak Weekend with Host Nathan Hager take a look at some of the stories we'll be tracking in the coming week.

See omnystudio.com/listener for privacy information.

Today's top stories, with context, in just 15 minutes.
On today's podcast:
1) US Vice President JD Vance downplayed the scope of the conflict in Iran, saying he would not describe it as “a war” given major combat operations ended months ago — even after a brief resumption of military strikes earlier in the week.
2) Bloomberg Economics expects the unemployment rate to rise in August, and payroll gains to increase at a subpar pace. We see risks to our forecast tilted toward a higher unemployment rate and even lower payrolls.
3) Anthropic PBC is set to finalize an expansion of its...