Fed cuts rates by 25bps as U.S. labour market...

Britain will have a seventh prime minister in a decade following yesterday’s resignation by Sir Keir Starmer. Newly elected Makerfield MP Andy Burnham could be handed the keys to No.10 in less than a month time should no challenger step forward. SpaceX sheds almost half a trillio ...  Show more

Peace talks between the U.S. and Iran conclude in Switzerland for the time being with an agreement to reach a final deal within 60 days. The talks had been hampered by President Trump’s renewed threats to strike Iran and Tehran’s resealing of the Strait of Hormuz. Crude prices tu ...  Show more

Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF. Elon Musk said he’s committed to still leading Tesla Inc. five years from now and expects to pare back his political spending, assuaging some investors’ concerns about the future of his most valuable company. T ...  Show more

Carl Quintanilla, Jim Cramer and David Faber led off the show with news involving a major supplier to Nvidia and Apple. The White House announced CHIPS Act grants of $6.6 billion to Taiwan Semiconductor, for expansion of the chipmaker's Arizona plants. Commerce Secretary Gina ...

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) The European Union says it will respond to any tariffs the US might impose on it. The warning comes after President Trump pushed forward with his pledge to place a 25% tariff on all US s ...  Show more

Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF. Bloomberg News US Semiconductor Reporter Ian King and Bloomberg News Senior Editor for Technology & Strategic Industries Michael Shepard discuss the Biden administration, facing pushback to its chip crackdown o ...  Show more