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Jerry Murdock is the Co-Founder of Insight Partners, which manages over $90 billion in assets. Jerry personally backed companies including Twitter, Nest and Docker, while Insight's portfolio includes giants such as Shopify, Wiz and monday.com. Across three decades, Insight has helped produce 55+ IPOs and become one of the most powerful technology investment firms in the world. AGENDA: 00:00 — Is the AI Bubble About to Burst? 11:00 — Will Half of All Neoclouds Disappear Within 36 Months? 13:00 — Can Open Source Models Actually Beat OpenAI and Anthropic? 22:00 — Are We Entering the Golden Age of Cybersecurity Attacks? 32:00 — Have AI Valuations Completely Lost Touch With Reality? 42:00 — Is AI About to Wipe Out an Entire Generation of SaaS & Private Equity? 47:00 — Should We Ban U.S. Chips From Being Exported to China? 48:00 — Should We Be Fearful of Open-Source Chinese Models? 49:00 — Will Continuous Learning Kill Every AI Model We Use Today? 53:00 — Why Microsoft Remains a Mega Buy 56:00 — Which Mag 7 Giant Would You Short — and Is Apple's AI Strategy a Disaster?
Stephen Grootes speaks to Thabile Nkunjana, Agricultural Economist, about South Africa’s record-low food inflation driven by a bumper agricultural harvest, and the opportunities and challenges facing citrus exports to India following improved market access conditions. The Money Show is a podcast hosted by well-known journalist and radio presenter, Stephen Grootes. He explores the latest economic trends, business developments, investment opportunities, and personal finance strategies. Each episode features engaging conversations with top newsmakers, industry experts, financial advisors, entrepreneurs, and politicians, offering you thought-provoking insights to navigate the ever-changing financial landscape. Thank you for listening to a podcast from The Money Show Listen live Primedia+ weekdays from 18:00 and 20:00 (SA Time) to The Money Show with Stephen Grootes broadcast on 702 https://buff.ly/gk3y0Kj and CapeTalk https://buff.ly/NnFM3Nk For more from the show, go to https://buff.ly/7QpH0jY or find all the catch-up podcasts here https://buff.ly/PlhvUVe Subscribe to The Money Show Daily Newsletter and the Weekly Business Wrap here https://buff.ly/v5mfetc The Money Show is brought to you by Absa Follow us on social media 702 on Facebook: https://www.facebook.com/TalkRadio702 702 on TikTok: https://www.tiktok.com/@talkradio702 702 on Instagram: https://www.instagram.com/talkradio702/ 702 on X: https://x.com/CapeTalk 702 on YouTube: https://www.youtube.com/@radio702 CapeTalk on Facebook: https://www.facebook.com/CapeTalk CapeTalk on TikTok: https://www.tiktok.com/@capetalk CapeTalk on Instagram: https://www.instagram.com/ CapeTalk on X: https://x.com/Radio702 CapeTalk on YouTube: https://www.youtube.com/@CapeTalk567 See omnystudio.com/listener for privacy information.
John Maytham speaks to Peter Bruce about South Africa’s industrial policy, the government’s push for reindustrialisation and where Bruce believes the country should focus its economic efforts instead. Afternoon Drive with John Maytham is the late afternoon show on CapeTalk. Presenter John Maytham is an actor and author-turned-talk radio veteran and seasoned journalist. His show serves a round-up of local and international news coupled with the latest in business, sport, traffic and weather. The host’s eclectic interests mean the program often surprises the audience with intriguing book reviews and inspiring interviews profiling artists. A daily highlight is Rapid Fire, just after 5:30 pm. CapeTalk fans call in to stump the presenter with their general knowledge questions. Another firm favourite is the humorous Thursday crossing with award-winning journalist Rebecca Davis, called “Plan B”. Thank you for listening to a podcast from Afternoon Drive with John Maytham Listen live on Primedia+ weekdays from 15:00 and 18:00 (SA Time) to Afternoon Drive with John Maytham broadcast on CapeTalk https://buff.ly/NnFM3Nk For more from the show, go to https://buff.ly/BSFy4Cn or find all the catch-up podcasts here https://buff.ly/n8nWt4x Subscribe to the CapeTalk Daily and Weekly Newsletters https://buff.ly/sbvVZD5 Follow us on social media: CapeTalk on Facebook: https://www.facebook.com/CapeTalk CapeTalk on TikTok: https://www.tiktok.com/@capetalk CapeTalk on Instagram: https://www.instagram.com/ CapeTalk on X: https://x.com/CapeTalk CapeTalk on YouTube: https://www.youtube.com/@CapeTalk567 See omnystudio.com/listener for privacy information.
In this episode, we kick things off with an alarming wave of high-tech cargo theft that's costing the freight industry a staggering fortune. Cargo thieves have stolen nearly $111 million in data center freight since early June, with individual cases ranging from $2 million to a jaw-dropping $38 million. In a disturbing new tactic, criminals deliberately crashed into security escorts protecting high-value technology shipments, then continued driving with the loads in what experts call the "bump-and-run" method. Next, we discuss a massive fraud case unfolding in Georgia where the FBI is urgently seeking truck drivers nationwide who may be victims in a 54-count tax fraud indictment. Federal prosecutors charged 62-year-old Diane Marie Poe, owner of Genuine Financial Services in Walton County, with 32 counts of bank fraud and 14 payroll-related tax offenses. Prosecutors accuse Poe of keeping money that customers provided for estimated tax obligations instead of delivering promised services, with at least 26 identified clients working as self-employed truck drivers who relied on her company for bookkeeping and tax preparation. Finally, we head south to examine how Mexico's heavy-duty truck production surged 51.8% in July as tariff tensions continue to simmer. Mexico's National Association of Bus, Truck and Tractor-Trailer Producers reported that manufacturers produced 14,675 heavy-duty vehicles during July, while exports climbed 66.7% year over year to 13,117 units. With a staggering 92.4% of Mexico's truck and bus exports through July shipped to the United States, ANPACT officials are urging policymakers to preserve the USMCA's core principles and renewing their call for changes to Section 232 tariffs. Follow the FreightWaves Today Podcast Other FreightWaves Shows Learn more about your ad choices. Visit megaphone.fm/adchoices
New energy vehicles accounted for more than 60 percent of China's new vehicle sales for the first time in July, consolidating the segment's position as the main growth engine of the country's auto industry, latest industry data showed.最新行业数据显示,7月新能源汽车占中国新车销量的比重首次突破60%,巩固了其作为中国汽车产业主要增长引擎的地位。Data released by the China Association of Automobile Manufacturers on Wednesday showed that NEV output reached 1.576 million units last month, up 26.8 percent year-on-year, while sales rose 23.7 percent to 1.561 million units, or 60.4 percent of total new vehicle sales.中国汽车工业协会8月12日发布的数据显示,上月新能源汽车产量达157.6万辆,同比增长26.8%;销量达156.1万辆,同比增长23.7%,占新车总销量的60.4%。The milestone is a wider indicator of growth than the passenger car retail gauges often cited in the market, as the association's tally covers passenger and commercial vehicles and includes sales at home and abroad, showing that NEVs now form the bulk of the industry's overall sales mix.这一里程碑比市场上常引用的乘用车零售数据更能反映整体增长态势,因为中汽协的统计涵盖乘用车和商用车,且包括国内外销量,显示出新能源汽车已成为行业总销量结构的主体。The record was accompanied by a second milestone. In the first seven months of this year, NEV output rose 9.5 percent year-on-year to 9.014 million units, while sales increased 9.6 percent to 9.007 million units.这一纪录伴随着第二个里程碑的到来。今年前7个月,新能源汽车产量同比增长9.5%,达901.4万辆;销量同比增长9.6%,达900.7万辆。NEVs accounted for 51.2 percent of total new vehicle sales during the period, the first time the cumulative share has exceeded 50 percent.同期,新能源汽车占新车总销量的51.2%,累计占比首次突破50%。By contrast, the auto market continued to show signs of weakness in July. Vehicle output and sales totaled 2.573 million and 2.584 million units, respectively, for the month, down 6.8 percent and 8 percent month-on-month and 0.7 percent and 0.3 percent year-on-year, respectively. In the first seven months of the year, both output and sales fell 3.7 percent year-on-year, although the declines narrowed from the first half of the year.相比之下,7月汽车市场继续显现疲软迹象。当月汽车产销量分别为257.3万辆和258.4万辆,环比分别下降6.8%和8%,同比分别下降0.7%和0.3%。今年前7个月,产销量同比均下降3.7%,但降幅较上半年有所收窄。Chen Shihua, deputy secretary-general of the CAAM, said the auto market entered its traditional low season in July. Store traffic and orders eased, while automakers' midyear sales drives brought some demand forward. Persistent heat, typhoons and flooding in some regions also weighed on showroom visits, contributing to the month-on-month decline, he said.中国汽车工业协会副秘书长陈士华表示,7月汽车市场进入传统淡季。门店客流量和订单量有所回落,车企年中冲量也提前释放了部分需求。持续高温、台风和部分地区洪涝灾害也对到店客流造成影响,导致环比下滑。Yet the shift in the industry's growth base remained intact. "The twin growth engines of NEVs and exports helped offset pressure from the domestic low season, while the industrial structure continued to improve," Chen said.不过,行业增长基础的结构性转变依然稳固。“新能源汽车和出口双引擎有效抵消了国内淡季压力,产业结构持续优化,”陈士华说。He added that new energy passenger vehicles in the 100,000 yuan ($14,830) to 200,000 yuan price range provided the main volume support in the first seven months.他补充说,今年前7个月,10万至20万元价格区间的新能源乘用车提供了主要销量支撑。Exports provided the other pillar of growth. CAAM data showed that in July alone, NEV exports jumped 145.5 percent year-on-year to 553,000 units, accounting for about 53 percent of China's 1.043 million vehicle exports. It was the second consecutive month in which NEVs accounted for more than half of the export total.出口是另一大增长支柱。中汽协数据显示,仅7月当月,新能源汽车出口同比大增145.5%,达55.3万辆,占中国104.3万辆汽车出口总量的约53%。这是新能源汽车出口占比连续第二个月超过一半。"Conventional fuel vehicles had long dominated China's auto exports, but the structure began to shift this year as NEVs increased their share in June and July, surpassing fuel vehicles for two consecutive months," Chen noted, adding that the rapid growth of vehicle exports could also help offset weak domestic demand.“传统燃油车长期以来一直主导中国汽车出口,但今年6月和7月新能源汽车占比连续两个月超越燃油车,出口结构开始发生变化,”陈士华指出。他还表示,汽车出口的快速增长也有助于抵消国内需求疲软的影响。Chen expects NEV exports to continue growing at a brisk pace and exceed 4 million units this year.陈士华预计,新能源汽车出口将继续保持强劲增长势头,今年有望超过400万辆。"With the world's most complete NEV industrial chain and a clear edge in intelligent technologies, the competitiveness of China's automobiles is expected to be further strengthened," he said.“凭借全球最完整的新能源汽车产业链和在智能技术方面的明显优势,中国汽车的竞争力有望进一步增强,”他说。segment /ˈseɡmənt/细分市场growth engine /ɡrəʊθ ˈendʒɪn/增长引擎milestone /ˈmaɪlstəʊn/里程碑tally /ˈtæli/统计bulk /bʌlk/主体,大部分weighed on /weɪd ɒn/对……造成压力,拖累offset /ˈɒfset/抵消
Shutterstock Track 1219389 Monetization ID TFGEPGEI0LHEIJAI Kia ora. Welcome to Tuesday's Economy Watch where we follow the economic events and trends that affect Aotearoa/New Zealand. I'm David Chaston and this is the international edition from interest.co.nz. Today we lead with news Iran has decided to shift its policy from defensive to "fully offensive" due to the deadlock in efforts to agree a permanent end to its war with the United States, a senior Iranian official told Reuters overnight. Meanwhile, Trump has threatened to bomb Oman, a Gulf emirate and until recently an ally. All this is unnerving bond markets with the yield on the US Treasury 30 year bond now at a 22 year high. And they aren't the only long bond yields to rise. Its a trend of higher money costs that is probably only getting started. However domestically in the US, there have been two third-tier data items out today, and both somewhat positive. The NAHB home builder sentiment survey increased very slightly in August from its unusual July low. But it still remains lower than foir most of 2026 as the core affordability pressures haven't really gone away. Meanwhile, the NY Fed's regional Empire factory survey was more positive in its August report with reporting strong current activity and new order flows stayed positive. Employment hardly changed however, and input cost increases rose fast again even if prices received eased. Meanwhile, Canadian inflation was reported back at 3.0% for July, a bit higher than the 2.9% expected and possibly bringing a rate hike there back into play. Rising fuel prices are a key driver here. Across the Pacific in Singapore, they reported very strong July export growth, up +24% from a year ago to a new all-time monthly July record of S$76 bln but not quite eclipsing their June levels. This is all based on the export of electronic equipment. Their big export destinations are the US, South Korea, Thailand, Taiwan and India. This exporting strength enabled them to post a very large trade surplus in July. (Imports from China were up, but nowhere near enough to account for the export gains overall. So this isn't a re-export story of the paranoid type.) Japan reported a softer economic activity expansion in Q2-2026 than expected. Analysts had expected their GDP to grow by +2% and up from +1.9% in Q1. But the data released today only shows a +1.1% expansion. But today's data is preliminary and may well be revised higher. Japanese industrial production rose +1.9% in June from May and exceeding the earlier flash indication (which was very good on its own), and far exceeding the May +0.1% rise. This was the third consecutive monthly expansion and the strongest growth since January. And it took the year on year expansion up by an impressive +4.9%. China's industrial production was claimed to be up +4.5% in July from a year ago and basically meeting targets. Within that, they claim hi-tech +16.9% on the same basis. But just like most month before they claim they are doing this with electricity production up only +1.9% in July from the same month in 2025. It seems very implausible, the only country with fast growing industrial output with essentially no growth in electricity used - and over the very long haul. More realistically, China said its retail sales were up only +0.6% in July from a year ago. According to these official sources. China house prices are falling less now. New housing was down -3.2% from a year ago, essentially unchanged from June. In fact many more cities had no change or a small increase especially top-tier cities. Second tier cities aren't getting the same boost however. Existing home sales prices are easing less too. The UST 10yr yield is now just on 4.73%, up +3 bps from this time yesterday. The 30 year yield is at 5.31% and up +4 bps, and that is its highest in more than 20 years. The price of gold is rising, now at US$4413/oz, up +US$37 from yesterday at this time. Silver has risen +US$1.50 to just over US$66. Oil prices are up +US$1.50 from yesterday at just over US$84/bbl in the US, while the international Brent price is now just on US$90.50/bbl and up +US$2. The Kiwi dollar is up +10 bps from yesterday at just on 59 USc. Against the Aussie we have dopped -10 bps to 83.1 AUc. Against the euro we are up +10 bps at 51 euro cents. That all means our TWI-5 starts today at just on 62.6, up +10 bps from this time yesterday. The bitcoin price starts today at US$64,245 and up +1.8% from yesterday. Volatility over the past 24 hours has also been modest at just on +/-1.3%. You can get more news affecting the economy in New Zealand from interest.co.nz. Kia ora. I'm David Chaston and we'll do this again tomorrow. Track 1219389 Monetization ID TFGEPGEI0LHEIJAI Audio soundtrack opening is licensed from Shutterstock, Track 1219389 Monetization ID TFGEPGEI0LHEIJAI
An eight-day halt of avocado imports from Mexico's main avocado-producing state has been lifted. AP correspondent Donna Warder reports.
Der OpenAI-Chef im großen Interview. Außerdem: Der Osten Europas wird zum stillen Retter des deutschen Exports und die Dax-Konzerne steuern auf einen Rekordgewinn in diesem Jahr zu.
After the Senate Ag Committee failed to advance the farm bill, National Farmers Union President Rob Larew said farmers cannot afford more delay, and although volume of U.S. beef exports was down slightly in June, the value was up to $790 million.
Although the volume of U.S. beef exports was down slightly in June, the value was up to $790 million. U.S. Meat Export Federation President and CEO Dan Halstrom has the details. Source: U.S. Meat Export FederationSee omnystudio.com/listener for privacy information.
What more should we know now about this country that is central to the global economy and is playing an ever greater role in geopolitics? Synopsis: Every second Friday of the month, The Straits Times’ senior columnist Ravi Velloor distils 45 years of experience covering the Asian continent, with expert guests. In this first-ever joint episode of Asian Insider and Radio Davos, he is joined by the World Economic Forum’s Robin Pomeroy as they speak with Qian Liu, whose Wusawa Advisory helps companies understand China. It was recorded in late June at the World Economic Forum’s Annual Meeting of the New Champions 2026 in Dalian, China. Ravi and Robin discuss with Qian about how a Chinese economy built on innovation and scale is impacting the world, the mainland’s internal worry lines such as high youth unemployment and lagging consumption, and why female power could drive China’s next growth phase. Highlights (click/tap above) 4:00 Exports, joblessness, property in a slowing economy 9:00 China’s property market prospects 11:10 ‘Ageing concubine’ Europe ‘cooking up’ negativity 15:00 EVs, cognac and bubble tea 19:40 You don’t need to get fat on Chinese ice-cream 23:10 ‘Involution’ and its imperatives 25:00 Shrugging off Hormuz 27:00 China’s watching US destroy itself 33:00 Female power in China More at wef.ch/amnc26 and across social media using the hashtag #AMNC26 Produced and edited by Radio Davos: Editing - Seamus Hart, Louie Carroll Studio production: Gareth Nolan --- Read Ravi's columns: https://str.sg/3xRP Follow Ravi on X: https://twitter.com/RaviVelloor Sign up for ST’s weekly Asian Insider newsletter: https://str.sg/sfpz Host: Ravi Velloor (velloor@sph.com.sg) Follow Asian Insider Podcast on Fridays here: Channel: https://str.sg/JWa7 Apple Podcasts: https://str.sg/JWa8 Spotify: https://str.sg/JWaX YouTube: https://str.sg/rF3qR Feedback to: podcast@sph.com.sg --- Follow more ST podcast channels: All-in-one ST Podcasts channel: https://str.sg/wvz7 Get more updates: http://str.sg/stpodcasts --- Get The Straits Times app, which has a dedicated podcast player section: The App Store: https://str.sg/icyB Google Play: https://str.sg/icyX --- Discover more Radio Davos podcasts:From 'US innovates, China imitates' to 'Opportunity 2.0' - lessons from Summer Davos: https://www.weforum.org/podcasts/radio-davos/episodes/strategic-intelligence-amnc26-debrief-china-innovation/The Hormuz shock, AI and China: the state of global energy, with Jason Bordoff: https://www.weforum.org/podcasts/radio-davos/episodes/amnc26-energy-china-hormuz-oil-gas-renewables-bordoff/AMNC26: What just happened at the Summer Davos?: https://www.weforum.org/podcasts/radio-davos/episodes/amnc26-what-just-happened-summer-davos/All podcasts: wef.ch/podcasts: YouTube: https://www.youtube.com/@wef/podcasts Radio Davos: https://pod.link/1504682164Meet the Leader: https://pod.link/1534915560Agenda Dialogues: https://pod.link/1574956552 --- #STAsianInsiderSee omnystudio.com/listener for privacy information.
What more should we know now about this country that is central to the global economy and is playing an ever greater role in geopolitics? Synopsis: Every second Friday of the month, The Straits Times’ senior columnist Ravi Velloor distils 45 years of experience covering the Asian continent, with expert guests. In this first-ever joint episode of Asian Insider and Radio Davos, he is joined by the World Economic Forum’s Robin Pomeroy as they speak with Qian Liu, whose Wusawa Advisory helps companies understand China. It was recorded in late June at the World Economic Forum’s Annual Meeting of the New Champions 2026 in Dalian, China. Ravi and Robin discuss with Qian about how a Chinese economy built on innovation and scale is impacting the world, the mainland’s internal worry lines such as high youth unemployment and lagging consumption, and why female power could drive China’s next growth phase. Highlights (click/tap above) 4:00 Exports, joblessness, property in a slowing economy 9:00 China’s property market prospects 11:10 ‘Ageing concubine’ Europe ‘cooking up’ negativity 15:00 EVs, cognac and bubble tea 19:40 You don’t need to get fat on Chinese ice-cream 23:10 ‘Involution’ and its imperatives 25:00 Shrugging off Hormuz 27:00 China’s watching US destroy itself 33:00 Female power in China More at wef.ch/amnc26 and across social media using the hashtag #AMNC26 Produced and edited by Radio Davos: Editing - Seamus Hart, Louie Carroll Studio production: Gareth Nolan --- Read Ravi's columns: https://str.sg/3xRP Follow Ravi on X: https://twitter.com/RaviVelloor Sign up for ST’s weekly Asian Insider newsletter: https://str.sg/sfpz Host: Ravi Velloor (velloor@sph.com.sg) Follow Asian Insider Podcast on Fridays here: Channel: https://str.sg/JWa7 Apple Podcasts: https://str.sg/JWa8 Spotify: https://str.sg/JWaX YouTube: https://str.sg/rF3qR Feedback to: podcast@sph.com.sg --- Follow more ST podcast channels: All-in-one ST Podcasts channel: https://str.sg/wvz7 Get more updates: http://str.sg/stpodcasts --- Get The Straits Times app, which has a dedicated podcast player section: The App Store: https://str.sg/icyB Google Play: https://str.sg/icyX --- Discover more Radio Davos podcasts:From 'US innovates, China imitates' to 'Opportunity 2.0' - lessons from Summer Davos: https://www.weforum.org/podcasts/radio-davos/episodes/strategic-intelligence-amnc26-debrief-china-innovation/The Hormuz shock, AI and China: the state of global energy, with Jason Bordoff: https://www.weforum.org/podcasts/radio-davos/episodes/amnc26-energy-china-hormuz-oil-gas-renewables-bordoff/AMNC26: What just happened at the Summer Davos?: https://www.weforum.org/podcasts/radio-davos/episodes/amnc26-what-just-happened-summer-davos/All podcasts: wef.ch/podcasts: YouTube: https://www.youtube.com/@wef/podcasts Radio Davos: https://pod.link/1504682164Meet the Leader: https://pod.link/1534915560Agenda Dialogues: https://pod.link/1574956552 --- #STAsianInsiderSee omnystudio.com/listener for privacy information.
ExportNZ is sounding the alarm about the costly obstacles faced by exporters. Its report says at least 83% of our exports are affected by non-tariff barriers, resulting in more than $9 billion a year in costs. It finds on average, Kiwi products face nine separate non-tariff barriers across the markets they enter. Executive Director Joshua Tan told Mike Hosking it's also about having the right settings at home. He says it's not just about Free Trade Agreements or non-tariff barriers; there's a lot which can be fixed in this country. LISTEN ABOVE See omnystudio.com/listener for privacy information.
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Stephen Grootes speaks to Jolanda Andrag, Chief Operating Officer at Agri SA, about why trade access and tariffs have become critical to South Africa’s agricultural growth. With record agricultural exports and major investment already going into farms, packhouses and processing infrastructure, AgriSA argues that government needs to prioritise market-access negotiations and close tariff gaps with key export markets. In other interviews, Ruse Moleshe, energy expert talks about Eskom’s concerns over the planned transfer of its transmission assets to a separate company. Eskom supports an independent transmission operator but says the R110 billion asset transfer should only happen once its financial risks, debt obligations and lender concerns are addressed. The Money Show is a podcast hosted by well-known journalist and radio presenter, Stephen Grootes. He explores the latest economic trends, business developments, investment opportunities, and personal finance strategies. Each episode features engaging conversations with top newsmakers, industry experts, financial advisors, entrepreneurs, and politicians, offering you thought-provoking insights to navigate the ever-changing financial landscape. Thank you for listening to a podcast from The Money Show Listen live Primedia+ weekdays from 18:00 and 20:00 (SA Time) to The Money Show with Stephen Grootes broadcast on 702 https://buff.ly/gk3y0Kj and CapeTalk https://buff.ly/NnFM3Nk For more from the show, go to https://buff.ly/7QpH0jY or find all the catch-up podcasts here https://buff.ly/PlhvUVe Subscribe to The Money Show Daily Newsletter and the Weekly Business Wrap here https://buff.ly/v5mfetc The Money Show is brought to you by Absa Follow us on social media 702 on Facebook: https://www.facebook.com/TalkRadio702 702 on TikTok: https://www.tiktok.com/@talkradio702 702 on Instagram: https://www.instagram.com/talkradio702/ 702 on X: https://x.com/CapeTalk 702 on YouTube: https://www.youtube.com/@radio702 CapeTalk on Facebook: https://www.facebook.com/CapeTalk CapeTalk on TikTok: https://www.tiktok.com/@capetalk CapeTalk on Instagram: https://www.instagram.com/ CapeTalk on X: https://x.com/Radio702 CapeTalk on YouTube: https://www.youtube.com/@CapeTalk567 See omnystudio.com/listener for privacy information.
AP's Lisa Dwyer reports on the latest trade data for China.
All this time we thought the job market was humming along. Today we learned that it sputtered out. This is the Early Edition of The Business News Headlines for Friday the 7th day of August and thanks for being with us. In other news, some are using AI for financial advice…no, not making that up. A U.S. court has ordered Meta to cough up millions of dollars…think mental health. Exports from China slowed in July and we'll share the numbers. We've got some interesting news from the U.S. Army for you today. Cracks in Boeing airplanes? The FAA is looking into it. IRS workers sue to block the Trump Tax Loophole. Thanks for listening! The award winning Insight on Business the News Hour with Michael Libbie is the only weekday business news podcast in the Midwest. The national, regional and some local business news along with long-form business interviews can be heard Monday - Friday. You can subscribe on PlayerFM, Podbean, iTunes, Spotify, Stitcher or TuneIn Radio. And you can catch The Business News Hour Week in Review each Sunday Noon Central on News/Talk 1540 KXEL. The Business News Hour is a production of Insight Advertising, Marketing & Communications. You can follow us on Twitter @IoB_NewsHour...and on Threads @Insight_On_Business.
Stephen Grootes speaks to Jolanda Andrag, Chief Operating Officer at Agri SA, about why trade access and tariffs have become critical to South Africa’s agricultural growth. With record agricultural exports and major investment already going into farms, packhouses and processing infrastructure, AgriSA argues that government needs to prioritise market-access negotiations and close tariff gaps with key export markets. The Money Show is a podcast hosted by well-known journalist and radio presenter, Stephen Grootes. He explores the latest economic trends, business developments, investment opportunities, and personal finance strategies. Each episode features engaging conversations with top newsmakers, industry experts, financial advisors, entrepreneurs, and politicians, offering you thought-provoking insights to navigate the ever-changing financial landscape. Thank you for listening to a podcast from The Money Show Listen live Primedia+ weekdays from 18:00 and 20:00 (SA Time) to The Money Show with Stephen Grootes broadcast on 702 https://buff.ly/gk3y0Kj and CapeTalk https://buff.ly/NnFM3Nk For more from the show, go to https://buff.ly/7QpH0jY or find all the catch-up podcasts here https://buff.ly/PlhvUVe Subscribe to The Money Show Daily Newsletter and the Weekly Business Wrap here https://buff.ly/v5mfetc The Money Show is brought to you by Absa Follow us on social media 702 on Facebook: https://www.facebook.com/TalkRadio702 702 on TikTok: https://www.tiktok.com/@talkradio702 702 on Instagram: https://www.instagram.com/talkradio702/ 702 on X: https://x.com/CapeTalk 702 on YouTube: https://www.youtube.com/@radio702 CapeTalk on Facebook: https://www.facebook.com/CapeTalk CapeTalk on TikTok: https://www.tiktok.com/@capetalk CapeTalk on Instagram: https://www.instagram.com/ CapeTalk on X: https://x.com/Radio702 CapeTalk on YouTube: https://www.youtube.com/@CapeTalk567 See omnystudio.com/listener for privacy information.
Stephen Grootes speaks to Timothy Walker, Senior Researcher on Maritime Security at the Institute for Security Studies, about reports that a proposed agreement involving Iran and Oman could give Tehran greater control over inbound shipping through the Strait of Hormuz. In other interviews, Paul Hardman, Chief Operating Officer of the Citrus Growers’ Association of Southern Africa talks about how the citrus industry is navigating disruptions in global shipping routes and maintaining exports to the Middle East. The Money Show is a podcast hosted by well-known journalist and radio presenter, Stephen Grootes. He explores the latest economic trends, business developments, investment opportunities, and personal finance strategies. Each episode features engaging conversations with top newsmakers, industry experts, financial advisors, entrepreneurs, and politicians, offering you thought-provoking insights to navigate the ever-changing financial landscape. Thank you for listening to a podcast from The Money Show Listen live Primedia+ weekdays from 18:00 and 20:00 (SA Time) to The Money Show with Stephen Grootes broadcast on 702 https://buff.ly/gk3y0Kj and CapeTalk https://buff.ly/NnFM3Nk For more from the show, go to https://buff.ly/7QpH0jY or find all the catch-up podcasts here https://buff.ly/PlhvUVe Subscribe to The Money Show Daily Newsletter and the Weekly Business Wrap here https://buff.ly/v5mfetc The Money Show is brought to you by Absa Follow us on social media 702 on Facebook: https://www.facebook.com/TalkRadio702 702 on TikTok: https://www.tiktok.com/@talkradio702 702 on Instagram: https://www.instagram.com/talkradio702/ 702 on X: https://x.com/CapeTalk 702 on YouTube: https://www.youtube.com/@radio702 CapeTalk on Facebook: https://www.facebook.com/CapeTalk CapeTalk on TikTok: https://www.tiktok.com/@capetalk CapeTalk on Instagram: https://www.instagram.com/ CapeTalk on X: https://x.com/Radio702 CapeTalk on YouTube: https://www.youtube.com/@CapeTalk567 See omnystudio.com/listener for privacy information.
Strong export demand remains critical for U.S. farmers.
Rural news and events from Tasmania and the nation.
Behind the scenes, various livestock agencies are pulling together data to prove that Australia isn't causing serious harm to America's sheep industry.
Stephen Grootes speaks to Paul Hardman, Chief Operating Officer of the Citrus Growers’ Association of Southern Africa, about how the citrus industry is navigating disruptions in global shipping routes and maintaining exports to the Middle East. The Money Show is a podcast hosted by well-known journalist and radio presenter, Stephen Grootes. He explores the latest economic trends, business developments, investment opportunities, and personal finance strategies. Each episode features engaging conversations with top newsmakers, industry experts, financial advisors, entrepreneurs, and politicians, offering you thought-provoking insights to navigate the ever-changing financial landscape. Thank you for listening to a podcast from The Money Show Listen live Primedia+ weekdays from 18:00 and 20:00 (SA Time) to The Money Show with Stephen Grootes broadcast on 702 https://buff.ly/gk3y0Kj and CapeTalk https://buff.ly/NnFM3Nk For more from the show, go to https://buff.ly/7QpH0jY or find all the catch-up podcasts here https://buff.ly/PlhvUVe Subscribe to The Money Show Daily Newsletter and the Weekly Business Wrap here https://buff.ly/v5mfetc The Money Show is brought to you by Absa Follow us on social media 702 on Facebook: https://www.facebook.com/TalkRadio702 702 on TikTok: https://www.tiktok.com/@talkradio702 702 on Instagram: https://www.instagram.com/talkradio702/ 702 on X: https://x.com/CapeTalk 702 on YouTube: https://www.youtube.com/@radio702 CapeTalk on Facebook: https://www.facebook.com/CapeTalk CapeTalk on TikTok: https://www.tiktok.com/@capetalk CapeTalk on Instagram: https://www.instagram.com/ CapeTalk on X: https://x.com/Radio702 CapeTalk on YouTube: https://www.youtube.com/@CapeTalk567 See omnystudio.com/listener for privacy information.
Trump Says Agreement To Open Hormuz Could Happen TODAY! China Restricts Drone Exports To US! Cost-Of-Living Crisis Rocks Americans! DSA-Aligned El-Sayed Wins Michigan Senate Primary, Trump Responds: “Communists Are New Face” Of Democrat Party
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Prime Minister Mark Carney says he 'doesn't see the value' in using Canadian energy exports as leverage in U.S. trade negotiations as his minister responsible for Canada-U.S. trade returns from a trip to D.C. Plus, the Power Panel helps unpack the ongoing labour dispute between WestJet and its flight attendants as a strike looms.
The mates discuss Dario vs. Jensen's open vs. closed AI debate, OpenAI and Anthropic teaming up to lobby in DC, and Kimi K3's global expansion. Get access to metatrends 10+ years before anyone else - https://qr.diamandis.com/metatrends Peter H. Diamandis, MD, is the Founder of XPRIZE, Singularity University, ZeroG, and A360 Salim Ismail is the founder of Open ExO, a GP at Exponential Venture Capital/The Organizational Singularity Fund and a sought after global speaker and thought leader. Dave Blundin is the founder & GP of Link Ventures Dr. Alexander Wissner-Gross is a computer scientist and founder of Reified – My companies: Apply to Dave's and my new fund:https://qr.diamandis.com/linkventureslanding Go to Blitzy to book a free demo and start building today: https://qr.diamandis.com/blitzy Your body is incredibly good at hiding disease. Schedule a call with Fountain Life to add healthy decades to your life, and to learn more about their Memberships: https://www.fountainlife.com/peter _ Connect with Peter: X Instagram Substack Website Xprize A360 Connect with Dave: Web X LinkedIn Instagram TikTok Connect with Salim: LinkedIn X Join Salim's 10X Shift Subscribe to Salim's YouTube channel Exponential Venture Capital Connect with Alex Website LinkedIn X Email Substack Spotify Threads Listen to MOONSHOTS: Apple YouTube – *Recorded on July 28, 2026 *The views expressed by me and all guests are personal opinions and do not constitute Financial, Medical, or Legal advice. Learn more about your ad choices. Visit megaphone.fm/adchoices
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The Ministry of Commerce says China's AI-related exports surged in the first half of 2026, emerging as a new hallmark of the country's foreign trade. Industrial robot exports jumped 18.6 percent, while 3D printers were up by over 100 percent from a year earlier.
Evan Ellis surveys Brazil's high-stakes election, with Lula da Silva currently leading Flavio Bolsonaro in polling. New 25% US tariffs threaten nearly 26% of Brazil's exports, totaling $15 billion in goods. Tensions rise as the Supreme Courtblocks high-profile visitors like Argentina's Javier Milei from meeting the elder Bolsonaro. Many Brazilians believe the elder Bolsonaro's influence triggered these punitive trade measures, while the military remains the largest force in South America. (4)E
China posted a record $1.2 trillion global trade surplus in 2025, and its export machine is still accelerating. From electric vehicles and batteries to electronics and household goods, Chinese products are pouring into markets across Europe, Southeast Asia, Africa, and Latin America.Consumers may welcome better products at lower prices, but what happens when local manufacturers cannot compete, workers lose their jobs, and countries become dependent on Beijing for essential goods?This week, co-hosts Ray Powell and Jim Carouso welcome Wendy Cutler, Senior Vice President of the Asia Society Policy Institute and a former U.S. trade negotiator who spent nearly three decades at the Office of the U.S. Trade Representative.Wendy explains how government support allows Chinese companies to keep producing even when markets are saturated. Beijing rejects the idea that it has an overcapacity problem, and Wendy argues that negotiations cannot succeed when the two sides cannot even agree that a problem exists. Her solution is a coordinated response by the major economies receiving these exports.In this episode:How China's industrial policies help its companies outlast foreign competitorsWhy U.S. tariffs redirected Chinese exports toward Europe and Southeast Asia instead of slowing them downHow cheap imports can destroy local businesses, eliminate jobs, and create dangerous dependenciesWhy the U.S., Europe, Japan, Korea, Australia and Southeast Asia must act together to change Beijing's calculationsHow China weaponizes its control of critical minerals, rare earths, and permanent magnetsWhy Washington's tariffs against allies could undermine the coalition it needsHow developing economies can defend local industries without losing access to the Chinese marketWhether the fragile U.S.-China trade truce can survive as both sides test its limitsWhy today's low prices could become tomorrow's strategic vulnerabilitiesWendy's candid reflections on three decades at the negotiating tableSubscribe for your weekly Indo-Pacific briefing.Follow Wendy Cutler on at the Asia Society Policy Institute, on LinkedIn or on X, @wendyscutlerFollow us on X, @IndoPacPodcast, LinkedIn or FacebookFollow Ray Powell on X, @GordianKnotRay, or LinkedIn, or check out his maritime transparency work at SeaLightFollow Jim Carouso on LinkedInSponsored by BowerGroupAsia, a strategic advisory firm that specializes in the Indo-Pacific
Ukraine announced early today that it would provide a plan to escort shipments of grain out of the Black Sea. The weather forecasts are still hot with minimal chances for rain in both the US and across Europe. Cattle futures closed a bit higher ahead of the afternoon's Cattle Inventory and Cattle on Feed reports. Doug Simon with Tredas recaps today's trade.
Michael Bernstam explains how Ukrainian drone strikes have destroyed 30% of Russia's refining capacity, causing the "crack spread"—the profit margin for refining oil—to triple worldwide. While Russia exports crude, it now suffers from severe domestic shortages of gasoline and jet fuel. Consequently, Russia is forced to buy back its own refined oil from India at premium prices. Putin has been "hoist on his own petard," creating a global energy weapon that has ultimately turned against the Russian economy. (9)1860 INDIA
In this episode of the Woodpreneur Podcast, host Jennifer Alger sits down with Chris Bingaman, CEO of Bingaman & Son Lumber. The company traces back to Chris's grandfather, who logged with horses, hauled timber by truck to local sawmills, and eventually started finding new markets when the coal mine prop business dried up. Chris's father joined in, they incorporated in 1968, and today the operation spans five locations with three sawmills, though 80 percent of their lumber still comes from outside mills. It is a processing and distribution business at its core, built on relationships. Chris has been part of it since he was five years old, riding along in the truck while his dad spent six or seven hours hand-grading and hand-loading lumber at sawmills that did not even own a forklift. Every summer growing up, he worked in the company. He wanted to go to the swimming pool. His dad had other plans. That early training in work ethic and lumber grading set the foundation for everything that followed. The conversation digs into how the hardwood lumber industry has contracted and what Bingaman & Son Lumber has done to stay relevant. Chris talks about the 2008 recession as a turning point that forced the company to diversify its product offering, become nimble, and develop deep strategic partnerships with customers. More recently, they invested in a computerized grading system that processes 60 to 70 boards per minute, work that previously required three people. The system has been running about five months, and the results have been significant, though it came with more debt than they are comfortable carrying. Chris also opens up about succession planning. His father went through the painful experience of buying the company back from an estate after Chris's grandfather died suddenly, and that lesson drove decades of intentional estate planning. Chris has four daughters, and when none pursued the business full time, he transitioned the presidency to a long-tenured CFO who had been groomed for the role with the help of an advisory board. Meanwhile, an ESOP launched around 2006 now gives employees 35 percent ownership, with flexibility to go either direction in the future. The broader industry discussion covers tariffs, export markets (25 to 30 percent of volume), the growing threat of synthetic substitutes for wood, and a proposed tax incentive through the National Hardwood Lumber Association that would give homebuyers a deduction for using hardwoods. Chris also touches on mass timber research for low-grade species, biofuels as an outlet for junk wood, and the connection between healthy markets and healthy forests. His message is clear: without demand for wood, there is no economic reason to manage the resource, and unmanaged forests suffer. Chapters 00:00 From Horse Logging to Hardwood Processing 08:36 Family Business, Succession, and the ESOP 16:25 Navigating the Hardwood Market Contraction 21:03 Computerized Grading: 60 Boards a Minute 24:01 Tariffs, Exports, and Staying Nimble 28:05 Forest Health, Substitutes, and the Case for Real Wood 32:06 Thermally Modified Wood and the Architect Community The Woodpreneur Podcast brings stories of woodworkers, makers, and entrepreneurs turning their passion for wood into successful businesses - from inspiration to education to actionable advice. Hosted by Steve Larosiliere and Jennifer Alger For blog posts and updates: woodpreneur.com See how we helped woodworkers, furniture-makers, millwork and lumber businesses grow to the next level: woodpreneurnetwork.com Empowering woodpreneurs and building companies to grow and scale: buildergrowth.io Connect with us at: Instagram: https://www.instagram.com/sawmillsnearme/ Facebook: https://www.facebook.com/woodpreneurnetwork/ Join Our Facebook Group! https://www.facebook.com/groups/woodpreneurnetwork Join our newsletter: https://substack.com/@woodpreneurnetwork You can connect with Chris at: https://bingamanlumber.com/ https://www.instagram.com/bingaman.lumber/ https://www.linkedin.com/in/chris-bingaman-391630b/
JAY TRUITT BREAKS DOWN TRADE DATA, DAIRY GROWTH, AND DIRECT FARM SALES Trent Loos welcomes Jay Truitt from Texas for a deep dive into the numbers shaping American agriculture. Jay exposes the truth about USDA export data, revealing why livestock and meat reporting often contains errors and pointing…
The Government's celebrating strong momentum in the minerals sector. A one-year review of the Government's Minerals Strategy shows exports have climbed from $1.46 billion in 2023 to about $2.5 billion this year. Gold production and employment have also grown, with more than $30 million in royalties expected this financial year. Minerals Council Chief Executive Josie Vidal told Mike Hosking they're optimistic, but there are still hurdles. She says any production industry struggles with red tape, so it's good to see this strategy try to get the mining industry up and running. LISTEN ABOVE See omnystudio.com/listener for privacy information.
Demand for New Zealand avocados is changing, with growth now less reliant on our trans-Tasman neighbour. Rabobank's latest exports report found exports in the latest season reached more than 3.4 million trays – down 9% due to wind damage. Exports to our biggest market —Australia— are dropping, while shipments to Asian markets are booming, with South Korea up 70%. Avocado Growers' Association Chair Alistair Young told Mike Hosking Australia's shrinking because of their own production. He says the uptake in Australia was greater than expected, so it's not done for just yet. And there's still considerable room for growth in Asian markets, Young explained, with the recent Free Trade Agreement allowing us to be more competitive in India's market. LISTEN ABOVE See omnystudio.com/listener for privacy information.
U.S. President Donald Trump signed three proclamations to impose 50 per cent tariffs on a sprawling list of Canadian exports which the White House says are a response to Canada's 'discrimination' against U.S. motor vehicles, dairy and alcohol. Power & Politics speaks with industry experts Flavio Volpe and Matthew Holmes and the Power Panel weighs in.
Downeast Mike Episode 137 *News & Commentary* Sunday, July 19th, 2026Our Motto: Some of this is whimsy – some of this is true – the interpretation of it all is entirely up to you! Did you know? Downeast Mike contains no mean words! Just wholesome goodness from Downeast Maine. In today's episode: No Oil-Tech Exports to Russia (1978) Talkative Waitress At Dunkin (1978) Molded Chicken Salad Recipe (1978)The Bones Of Giants At Popham (1907)Thank you for listening! Please send your story suggestions, comments and requests to mike(@)downeastmike.com
Over the past 18 months, Gulf Coast dock capacity capable of handling either LPG or ethane has grown significantly. It's something relatively new called “flex capacity,” and it's a darned good thing it's online. Without it, both LPG and ethane export capacity would already be maxed out.
Joe's Premium Subscription: www.standardgrain.comGrain Markets and Other Stuff Links —Apple PodcastsSpotifyTikTokYouTubeFutures and options trading involves risk of loss and is not suitable for everyone.
The Carney government's proposal to allow provincially-inspected meat to be sold across provincial borders is a bad idea, according to the Canadian Meat Council. Proposed exemptions to the Safe Food for Canadians Regulations would allow interprovincial movement of meat from provincially-inspected facilities for up to four years where certain conditions exist, such as unmet slaughter... Read More
The announcement of a Russian ban on diesel exports following supply shortages at gas stations across the country has spurred cracks to widen significantly in the European market at a time when product markets continue to face uncertainty over the recovery of supply from the Persian Gulf and crude markets face pressure from low Chinese demand. In this episode, Gary Clark, associate director, price reporting, Elza Turner, global lead specialist, price reporting, Virginie Malicier, price reporting manager, and senior price reporter Patrick McAllister peel back the key developments behind the recent pricing movements, providing an update on the situation within Russia, the European middle distillate space and the European crude complex.
Exports of U.S. beef and pork were held back in May by key access issues, according to U.S. Meat Export Federation President and CEO Dan Halstrom, starting with beef plant suspensions in China. Source: U.S. Meat Export FederationSee omnystudio.com/listener for privacy information.
AP correspondent Charles de Ledesma reports China's June exports have surged 27% from a year earlier as an AI boom drives strong demand.
Korean exports are up roughly 70% year over year, surpassing $100 billion in a single month. So, what's causing this extreme growth?Join the Patreon here: https://www.patreon.com/PeterZeihanFull Newsletter: https://bit.ly/4oW3cg4
Preview for Later Today: Michael Bernstam details Russia's escalating energy crisis caused by drone strikes on refineries. The Kremlin has banned diesel exports, forcing citizens to use gray markets in Kazakhstan to acquire essential fuel. (1)BAKU
Join us as we explore the California grape industry with Kyle Collins, manager of North Valley Operations at Allied Grape Growers. We discuss vineyard management, industry challenges, market dynamics, and the future of American wine. key topics California grape industry overview Role of cooperatives in wine production Market and legislative challenges for American wine Grape varieties and vineyard management Industry impact of global wine glut Chapters 00:00Introduction to Lodi, California and Agriculture 03:00The Role of Thunderstruck Ag in Farming 05:47Understanding the Cooperative Model in Wine Production 09:07Challenges Faced by Grape Growers 11:57The Importance of Collective Bargaining in Agriculture 15:08Family Values and Traditions in Farming 17:50The Debate on American Wine Standards 21:07Personal Journey in the Vineyard Industry 25:00Rattlesnakes and Vineyards: A Unique Challenge 28:40Daily Life in the Vineyard: Balancing Farming and Sales 30:37Navigating Relationships: Growers and Co-ops 31:07Pest Management: Grapes and Their Challenges 32:30Traveling the Vineyards: A Regional Perspective 33:28California's Unique Agricultural Challenges 35:22Demand vs. Supply: The Shrinking Vineyard Landscape 37:43Generational Shifts: Changing Drinking Habits 40:03Global Wine Market: Imports and Exports 42:29The Future of Affordable Wine: Market Innovations 46:44The Heart of the Industry: People Behind the Wine 48:09Connecting with the Community: Resources and Outreach
Preview for Later Today: Alan Tonelson analyzes trade tensions between the US and Canada. He stresses that continental integration remains vital, noting that the USMCA protects most Canadian exports from tariffs despite political friction between Carney and Trump. (5)1900 OTTAWA