Bloomberg Daybreak: US Edition

On today's podcast: 1) Tim Walz Pitches to Undecided Voters at the Democratic National Convention 2) Traders Hone in on Jackson Hole after Fed Minutes Reveal a Case for Rate Cuts 3) Disney Names a Top Banker to Lead its Succession Plan See omnystudio.com/listener for privacy information.

Barack and Michelle Obama, former Presidents, discuss the importance of energizing the Democratic base, highlighting Kamala Harris's vision and contrasting it with Trump’s past leadership. They stress voter unity and military-focused diplomacy. Meanwhile, Donald Trump aims to reshape his campaign narrative ahead of crucial financial discussions. Jay Powell, Federal Reserve Chair, sets the stage for market reactions as traders seek guidance on potential rate cuts amidst ongoing economic forecasts and geopolitical tensions.

On today's podcast: 1) President Biden Passes the Torch to Kamala Harris at the DNC 2) The US Pressures Hamas to Accept a Ceasefire Proposal 3) Bank and Tech Executives are Missing in a Yacht Disaster See omnystudio.com/listener for privacy information.

Traders are eagerly anticipating a pivotal speech from Powell as the stock market shows signs of steadiness. Meanwhile, Trump and Harris gear up for a heated week in the presidential race. Goldman Sachs has reduced U.S. recession risks after analyzing retail sales and jobs data. The global landscape is complicated by events from the Gaza conflict to severe weather challenges in the U.S. Additionally, inflation is shaping back-to-school shopping behavior, highlighting a shift towards consumer optimism.

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 next week’s Jackson Hole Symposium and Target earnings. In the UK – a look at the UK’s immigration dilemma. In Asia – a look at Vice Presidential candidate Tim Walz’s relationship with China. See omnystudio.com/listener for privacy information.

On today's podcast: 1) Data Boost Sets Up US Stocks for Best Week of Year 2) Carry Trade That Blew Up Markets Is Attracting Hedge Funds Again 3) Harris to Propose $25,000 Assistance for First-Time Homeowners See omnystudio.com/listener for privacy information.

On today's podcast: 1) Stocks Edge up With More Data Due After CPI Boost 2) Columbia President Shafik Resigns After Months of Campus Tumult 3) Harris Will Propose ‘Price Gouging’ Ban on Food and Groceries See omnystudio.com/listener for privacy information.

On today's podcast: 1) Stocks Advance With All Eyes on US Inflation Data 2) Japan Set for a New Leader as Premier Kishida to Step Aside 3) DOJ Mulls Google Breakup Push After Landmark Antitrust Win See omnystudio.com/listener for privacy information.

Elon Musk, the innovative mind behind Tesla and SpaceX, and Donald Trump, the 45th President of the United States, engage in a glitchy yet intriguing conversation on social media. They discuss the shifting dynamics of political discourse and its effects on the upcoming presidential race. Tensions in the Middle East, particularly regarding Iran and Israel, add to their dialogue. Furthermore, they analyze the implications of inflation data on consumer behavior and business strategies, while touching on campaign strategies and the impact of technology on politics.

In an engaging discussion, Biden reveals his decision to step out of the presidential race, citing concerns about becoming a distraction. Entrepreneur Elon Musk prepares to interview former President Trump, sparking anticipation in the political arena. The podcast also touches on the stabilization of the stock market, with traders gearing up for big economic data releases. The backdrop of these events is heightened by global conflicts and the shifting dynamics within the Democratic Party as Kamala Harris gains momentum.