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A fast-paced Friday briefing that jumps from Washington's surprising budget numbers to the geopolitics of a risky hostage swap. Tara breaks down the Treasury's eye-popping September surplus and why tariffs and economic growth matter — then pivots to an urgent critique of the deal that released thousands of jailed Hamas fighters in exchange for a handful of hostages. Mixing history (the founders' view on tariffs), policy skepticism, and on-the-ground outrage, this episode asks: did we trade security for optics — and what happens next? Money in the coffers, terror on the streets — when wins on paper collide with real-world risk.
Tara dives into a whirlwind of political intrigue, exposing the stark double standards in America's justice system. From John Bolton's 18-count indictment for mishandling classified data to the selective enforcement of law for illegal immigrants and deep-state insiders, she dissects how elites operate above the rules. Along the way, she covers the U.S.'s record September budget surplus, tariffs, and the historical intent of the Founders for a small federal government. Finally, she examines Trump's controversial handling of Hamas prisoners and hostages, exposing media blind spots and geopolitical risks — all while questioning who truly controls the levers of power in Washington.
The negotiation and approval of the U.S. budget is a complex process, filled with political bargaining and high-stakes showdowns that can have a profound impact far beyond Washington. This process directly shapes funding for foreign aid, global health, and humanitarian crises around the world. With the Trump administration proposing a “pocket rescission” package that would cut an additional $5 billion from foreign assistance, its approval would have a significant impact on the global development sector. To gain insight into the complexities of the U.S. budget and its implications for the development sector, Business Editor David Ainsworth sits down with Senior Reporters Adva Saldinger and Michael Igoe for this special episode of our weekly podcast series. Sign up to the Devex Newswire and our other newsletters: https://www.devex.com/account/newsletters
While the White House and Congress wrangle over NASA's budget and the fate of the Space Launch System, China is unwavering in laying the foundation for its expansion into the space domain, including on the moon. Laura Winter speaks with Josh Carslon, author of the book, “Spacepower Ascendant: Space Development Theory and a New Space Strategy”.
In this podcast Anders Hove talks to Milo McBride and Ray Cai about EV and battery supply chains in the US in the wake of the passage of the new budget bill, and what these changes mean for US competition with China in this space. Milo McBride is a Fellow at the Carnegie Endowment for […] The post OIES Podcast – The new US budget bill and US EV and battery supply competition with China appeared first on Oxford Institute for Energy Studies.
The UK saw another round of combined sterling and gilt weakness, a pattern which is becoming worryingly familiar. Politics elsewhere seemed to have run a bit more smoothly with the US budget bill passing through the Senate and House, teeing up some degree of fiscal expansion for the year ahead. Tariffs remain on the agenda for the week ahead, as we approach the 9 July deadline. In Asia, we focus on the Bank of Korea's likely hawkishness relative to potential rate cuts by the Reserve Bank of Australia and the Reserve Bank of New Zealand. Chapters: (US: 02:14, Asia: 08:53, Australia & New Zealand: 13:53, EMEA: 16:33).
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.And today we lead with news the US budget debate has financial markets on edge.But first up today, the Chicago PMI did not report the expected modest bounceback in June from the very weak May result. In fact is stayed in a severe contraction, disappointing everyone involved. It's been nearly three years since they have had any regular expansion and 2025 looks like it is shaping up the be the worst of the three.The Dallas Fed's factory survey for June was weak as well featuring shrinking new order levels. At least it was little-changed from May.As you read this, the US Senate is debating, and about to vote, on the big Trump budget bill. After years of complaining about US deficit spending and refusing to move the debt ceiling law, they are weighing whether to accede to Trump's demand to give him a free pass on both, including 'hiding' US$3.8 tln of tax cut costs. If they pass the budget, it is likely the bond market will deliver a thumbs down response, one that will affect global financial markets.On the US tariff trade bullying, there are few negotiations going well at present, for any of the parties involved.In Canada, they seem to have conceded the digital services tax issue to try and make progress on bigger issues. But the DST is still a live issue in the UK-US talks.Meanwhile, things are softening in India too. Their industrial production was up +1.2% in May from the same month in 2024, their weakest expansion in nine months and well weaker than expected.In China, there were no surprises and little movement in their official PMIs for June. Their factory sector contracted very marginally - again - and the services sector expanded marginally, also again. Basically they describe an economy marking time. But also one resilient to the trade shocks thrown at it which were designed to throw it off balance. That just hasn't happened, yet anyway.German inflation came in at 2.0% in June, a touch less than anticipated and little-different from April and May's 2.1% level. As small as it was, they weren't expecting a dip. Food prices there rose a modest +2.0% but keeping a lid on other rises was the -3.5% drop in energy prices.In Australia, Cotality/CoreLogic said its Home Value Index rose +0.6% in June from May, up marginally from the prior month but it is the strongest monthly gain since June 2024. Improved market sentiment in most major cities was behind the firming and active first home buyers are behind that. On a yearly basis, national home values climbed 2.7%. Meanwhile, rental growth continued to ease, with national rents up +3.4% over the past 12 months, the slowest annual increase since early 2021.Global air cargo demand rose +2.2% in May from a year ago, up +3.0% for international airfreight. The Asia/Pacific volumes were up a very healthy +8.2% on the same basis, no doubt related to the rush to beat US tariff deadlines. These overall volumes would have been better if the North American components hadn't been so weak (+-5.8%).Meanwhile, May air passenger travel rose +5.0%, up +6.7% for international travel and up +13.3% in the Asia/Pacific region. The only region to decline was North America (-0.5%) and mostly because of weak domestic travel.The UST 10yr yield is now at 4.23%, and down -4 bps from yesterday at this time.The price of gold will start today at US$3,2952/oz, and up +US$19 from yesterday.American oil prices are marginally softer from yesterday at just under US$65/bbl while the international Brent price is down -US$1, now just over US$66.50/bbl.The Kiwi dollar is now just on 60.9 USc, up +30 bps from yesterday. Against the Aussie we are unchanged at 92.7 AUc. Against the euro we are little-changed at 51.8 euro cents. That all means our TWI-5 starts today at 68.2 and +10 bps firmer than yesterday.The bitcoin price starts today at US$107,683 and up +0.2% from this time yesterday. Volatility over the past 24 hours has stayed low at just on +/-0.9%.You can get more news affecting the economy in New Zealand from interest.co.nz.Kia ora. I'm David Chaston. And we will do this again tomorrow.
How are investors affected by rising U.S. government debt? • Learn more at thriventfunds.com • Follow us on LinkedIn • Share feedback and questions with us at podcast@thriventfunds.com • Thrivent Distributors, LLC is a member of FINRA and a subsidiary of Thrivent, the marketing name for Thrivent Financial for Lutherans.
Elon Musk has spent a lot of time inside the Oval Office since Donald Trump returned to the White House. It was from there that the world's richest man, sporting a black eye, was farewelled from his role in the Trump administration on Friday. He insists his so-called Department of Government Efficiency, or DOGE, has made great progress, cutting more than $150 billion from the US budget. But that falls well short of his initial wildly optimistic claims that he could slash one trillion dollars in government spending. Today, staff writer at The Atlantic magazine, Ashley Parker, on Elon's exit and whether that's really the end of involvement with the Trump administration. Featured: Ashley Parker, staff writer at The Atlantic
361Firm Briefing "Moody's, Markets and 'Triple B' Act" (May 27 2025)Transcript: https://361.pub/TranscriptBriefingMay27Video: https://361.pub/vidMay27The 361Firm Meetup and Briefing on May 27, 2025, covered various updates and introductions. Mark Sanor and others discussed the attendance of new members, including Nelson Stacks from Waltham, Massachusetts, and Fabian Cousteau, a third-generation ocean explorer. The meeting highlighted the upcoming events in San Francisco and Seattle, including visits to Microsoft in Redmond, Valve Gaming in Bellevue, and the Mayor joining us in Seattle. After Stepher Burke's presentation on markets in light of the US Budget negotiations, Moody's ratings change, Olga Loy shared her insights on changes to expect from the "Big Beautiful Bill" including the impact on private equity, venture capital, extension of opportunity zones. The conversation also touched on the challenges and opportunities in the global economy, particularly in the context of AI and energy innovation. The meeting discussed energy policies, highlighting the shift towards oil and gas over renewables despite high production levels. Jeff Zawadsky noted the delay in SMR applications. Anthony Gordon mentioned VISTA Energy's 262% growth last year and future helium mining on the moon. Andrew Fisch emphasized the negligible impact of new U.S. drilling at $60/barrel oil. Sameer Sirdeshpande discussed sustainable hydrocarbon use. The discussion also covered the potential for China to take over Taiwan by 2027 and the impact of the Ukraine war on global politics. Joe Azzaro stressed the importance of fiscal discipline and productivity improvements to address global debt issues. SUMMARY KEYWORDSNMR company, multi-coast, Bitcoin, digital markets, Tate County, TIFF, secondary fund, venture capital, AI, tax plan, opportunity zones, clean energy tax credits, nuclear deduction, energy policy, renewable energy, nuclear power, hydrocarbons, tax incentives, drilling dynamics, natural gas, AI healthcare, longevity, helium mining, global debt, productivity growth, interest rates, inflation, geopolitical tensionsSPEAKERSContributors included Jeff Zawadsky, Sahir Ali (Modi Ventures), Greg Wilder, Kate Lawrence (Bloccelerate), Candice Beaumont, Andrew Fisch, Marc Rosenberg, Anna Cardona, Sameer Sirdeshpande, Marius Kreft, Anthony Gordon, Fabien Cousteau, Maher Nasri, Lara Druyan (SV Data Capital, Palo Alto), Carl Pro, Mark Sanor, Nelson Stacks, Ben Narasin, Joe Azzaro, Olga Loy, Günter Schmittberger, Roger Arjoon, and many others. You can subscribe to various 361 events and content at https://361firm.com/subs. For reference: Web: www.361firm.com/homeOnboard as Investor: https://361.pub/shortdiagOnboard Deals 361: www.361firm.com/onbOnboard as Banker: www.361firm.com/bankersEvents: www.361firm.com/eventsContent: www.youtube.com/361firmWeekly Digests: www.361firm.com/digest
A brief note on the debt and deficit impacts of the House budget reconciliation bill, Henery Hawk and Foghorn Leghorn. View video here
Themen heute waren unter anderem der neu angedrohte US-Zollhammer, die unmöglichen Forderungen an Apple und das gigantische US-Budget.
Donate (no account necessary) | Subscribe (account required) Join Bryan Dean Wright, former CIA Operations Officer, for The Wright Report: Friday Headline Brief—heavy on news, light on analysis—bringing you the top stories shaping America and the world. Supreme Court Expands Presidential Power Over Federal Agencies – In a landmark decision, the Court rules Trump can fire appointees from “independent” agencies like the NLRB, reshaping executive authority and possibly opening the door to major reforms—including spending control. Trump's Budget Bill Passes the House—Markets Shudder – The “Big, Beautiful Bill” narrowly clears the House, cutting green subsidies and boosting border spending. But the $3T in new debt spooks bond markets and sets up a GOP clash in the Senate. China Deemed Greatest Threat in U.S. History – CIA Deputy Director calls China the top existential threat America has ever faced. Despite this, Trump's tariff rollbacks continue as U.S. companies scramble with rising supply chain costs. Retailers React to Tariffs: Walmart Warns of Price Hikes, Target Stays Quiet, Nike Raises Prices – As stacked tariffs hit, companies split on their messaging. Trump urges retailers to “eat it”—the costs, that is. Tucker Carlson Calls Trump Middle East Dealings ‘Corrupt' – On his podcast, Carlson agrees with guest Shawn Ryan that Trump's Qatar jet gift and real estate ventures abroad “seem like corruption.” The White House has yet to respond. Disney, Harvard Face Trump's Immigration Crackdown – Disney places Venezuelan workers on unpaid leave, and Trump's DHS revokes Harvard's right to host international students over ties to anti-Semitic and pro-communist activity. Putin Rejects Ukraine Peace Deal, Trump Pulls Back – After a call with Putin, Trump begins stepping back from negotiations. Vance says it's time to recognize this as “Biden's war.” France and Saudi Arabia Push Hamas to Disarm – With Hamas leadership decimated, new talks aim to shift the group to a political role only. Meanwhile, a U.S. Leftist kills two Israeli diplomats in DC, further inflaming tensions. China Eyes Diego Garcia, Trump Approves UK Transfer – Beijing-linked satellite images of U.S. forces raise alarms. Trump backs a UK deal transferring island sovereignty to pro-China Mauritius, baffling allies. Taiwan Ramps Up Drone Defenses Against Invasion Threat – The island nation forms its first military drone units to reinforce deterrence against a Chinese invasion. Medical Science: Vitamin D3 Slows Aging; Spicy Food Curbs Calories – New studies show vitamin D3 reduces telomere shortening, while spicy food could help reduce calorie intake and fight obesity. "And you shall know the truth, and the truth shall make you free." – John 8:32
US President Trump's Tax/Spending bill is currently being debated in the US House (passed the Rules Committee overnight), the debate has formally hit the two-hour minimum as of the time of publication; vote time TBC.European stocks trade lower following the Wall Street and APAC losses; US equity futures attempt to recover recent losses.USD mixed vs. peers, EUR and GBP digest PMI metrics, JPY narrowly leads.USTs a little firmer finding some reprieve following 20yr weakness, Bunds choppy following EZ PMIs.Crude pressured amid reports of further OPEC+ output hikes, Spot gold a little lower.Bitcoin extended on gains and printed a fresh all-time high of above the USD 111k level; Texas House approved the bill to create a Bitcoin reserve.Looking ahead, US Flash PMIs, Jobless Claims, Canadian Producer Prices, NZ Retail Sales, ECB Minutes. Speakers including RBA's Hauser, BoE's Breeden, Dhingra & Pill, ECB's Elderson & de Guindos, BoC's Gravelle, Fed's Barkin & Williams, Supply from the US.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk
House Republicans pulled an all-nighter and passed a tax breaks package President Trump and supporters call the One Big Beautiful Bill Act early Thursday morning. Shortly after the 215-214 vote, Michigan Congresswoman Lisa McClain said "we just made history and passed the One Big Beautiful Bill, despite the Democrats fearmongering." WWJ's Jackie Paige and Chris Fillar have your Thursday morning news. (Photo credit: Andrew Harnik / Staff/Getty Images)
This episode is presented by Create A Video – Ben Tomchik is the Vice President and Deputy Chief of Staff for the Committee for a Responsible Federal Budget joins me to break down the reckless and irresponsible spending plan being pushed through on Capitol Hill. Subscribe to the podcast at: https://ThePetePod.com/ All the links to Pete's Prep are free: https://patreon.com/petekalinershow Media Bias Check: If you choose to subscribe, get 15% off here! Advertising and Booking inquiries: Pete@ThePeteKalinerShow.com Get exclusive content here!: https://thepetekalinershow.com/See omnystudio.com/listener for privacy information.
Remember when one of the biggest concerns being talked about was the increasing cost of eggs?Now with tariff turmoil and concerns that extend beyond groceries, it's time to take a serious look at your finances and create a pre-crisis budget to help you get through the tough times ahead. My guest this week is my friend and podcast sponsor Emily Hickox of Budget Through Life. Emily has years of experience helping people understand credit, debt and budgets. She creates budgets in her sleep and then creates more during her waking hours. In this week's conversation, Emily and I talk about how where there is often room to cut a bit more in our budget. We talk about practicing social responsibility and about the importance of setting kids up for a healthy financial future with financial literacy education early on. Be sure to follow Budget Through Life on Facebook and Instagram and check out their YouTube for videos on creating a budget-friendly meal. To find Community Supported Agriculture (CSA) near you, visit this site.Thank you to my sponsor Reinvented Threads for supporting the content created through this podcast each week. With Earth Day around the corner, it's a great time to celebrate Reinvented Threads and other businesses who use sustainable practices. Gabby Lynn reinvents threads from yard sales and consignment to create beautiful handbags, hats and more. Visit Reinvented Threads to shop online and to learn where you can find Reinvented Threads this summer. Follow Funny Wine Girl Jeannine on Facebook and Instagram and click here to learn about my upcoming art exhibition and comedy shows. I appreciate you from the bottom of my heart and the bottom of my wine glass.
The Smart 7 is an award winning daily podcast, in association with METRO, that gives you everything you need to know in 7 minutes, at 7am, 7 days a week…With over 17 million downloads and consistently charting, including as No. 1 News Podcast on Spotify, we're a trusted source for people every day and we've won Gold at the Signal International Podcast awardsIf you're enjoying it, please follow, share, or even post a review, it all helps... Today's episode includes the following: https://x.com/i/status/1905297858435096875 https://x.com/i/status/1905244206051779056 https://x.com/i/status/1905251791236636897 https://x.com/i/status/1905161945608495541 https://x.com/i/status/1905157407216406859 https://x.com/i/status/1905397814479519838 https://x.com/i/status/1904957325439365359 https://x.com/i/status/1905113189521711366 https://x.com/i/status/1905288579531600285 Contact us over @TheSmart7pod or visit www.thesmart7.com or find out more at www.metro.co.uk Voiced by Jamie East, using AI, written by Liam Thompson, researched by Lucie Lewis and produced by Daft Doris. Hosted on Acast. See acast.com/privacy for more information.
For review:1. US and Israeli Officials reach out to Sudan, Somalia, & Somaliland to discuss Palestinian resettlement during US proposed Gaza reconstruction plan. Officials from Sudan and Somalia said they had rejected overtures from the US, while officials Somaliland told The AP that they were not aware of any contacts.2. US President Donald Trump has praised talks held with Russian President Vladimir Putin on the US proposed ceasefire deal with Ukraine as "good and productive". This comes after Putin and US envoy Steve Witkoff met in Moscow on Thursday evening.3. NSA Mike Waltz on Ukraine- Russia Negotiations - "Both sides are going to have to make compromises." 4. B-52 Bomber Flyover Marks Sweden's NATO Anniversary. In addition, the bombers were taking part in a Bomber Task Force mission called Viking Nebula, alongside a pair of Swedish JAS 39 Gripens. The Swedish fighters escorted the B-52s to Vidsel Test Range, where the bombers released GBU-30 joint direct attack munitions. USAF said this was the B-52s' first live weapons drop in Sweden since the country joined NATO last year.5. US Budget CR Passes Senate. The Senate approved a funding bill that will keep federal agencies funded until Sept. 30, with a $892.5 billion defense topline that slightly exceeds that of fiscal 2024.6. The US Senate today confirmed billionaire financier Stephen Feinberg to be the Defense Department's number two official. Mr. Feinberg's nomination was cleared in a 59-40 vote this afternoon.
For review:1. Ukraine Will Agree to a 30 Day Ceasefire with Russia - US to Restart Military Aid and Intel Sharing. US Secretary of State Marco Rubio: "We'll take this offer now to the Russians. And we hope that they'll say yes, that they'll say yes to peace. The President's objective here is, number one, above everything else, he wants the war to end, and I think today Ukraine has taken a concrete step in that regard. We hope the Russians will reciprocate." 2. Iranian President to President Trump: "Do Whatever the Hell You Want." Iranian President Masoud Pezeshkian said Tuesday that his country would not negotiate with the United States over its nuclear program while being threatened.3. Israel and Lebanon agreed on Tuesday to open negotiations to delineate the border between the two countries, the Prime Minister's Office said. Jerusalem and Beirut negotiated a maritime boundary in 2022 — but the two countries have yet to adopt an official land border. 4. Israeli journalists tour IDF posts atop Mount Hermon, on Syrian side of border. The IDF has established nine military posts inside Syrian territory, including two atop Mount Hermon. Three IDF brigades, under the 210th Bashan Regional Division, are deployed to the area. 5. Latest US Budget News: The Republican-led House voted Tuesday to pass a six-month funding bill that would prevent a government shutdown at the end of the week. The measure now heads to the US Senate, where its fate is uncertain.
The US is facing a budget battle. House Republicans have unveiled a stopgap spending bill that would keep federal agencies funded and avoid a government shutdown. The measure is backed by President Donald Trump, but some key Republicans in the House have refused to back similar measures in the past. US Correspondent Richard Arnold told Mike Hosking that Trump has posted pleading for support, but it's uncertain if he will get it. LISTEN ABOVE See omnystudio.com/listener for privacy information.
REAL SPORTS TALK, M-F 6:00pm
Today, I'm sharing my favorite Ads from the Super Bowl and more importantly, how you can leverage some of the cool Super Bowl Ad tactics in your Facebook and Instagram video Ads without needing a huge budget. Website: https://philgrahamdigital.com
Tune in here for this Friday edition of the Vince Coakley Radio Program! Vince starts the show talking about chaos in Washington over budget continuing resolution, comments from Chip Roy about the budget, the budget and CR with Congressman Jeff Duncan, and a teacher wins over $400,000 in a lawsuit for dismissal over student pronouns. In the second half of the show Vince talks about City Of Hope C-L-T with Moments of Hope Church Pastor David Chadwick, wants vs needs this holiday season, a Breitbart report that reports the Florida economy is up +3% & added jobs after tightening migrant hiring laws, and AAA predicting record travel starting today.See omnystudio.com/listener for privacy information.
Tune in here for this Thursday edition of the Vince Coakley Radio Program! Vince starts the show talking about Fani Willis being disqualified from prosecuting Trump's GA case, Congress kicking the can down the road with this US Budget Continuing Resolution with guest Congressman Jeff Duncan, and a Daily Caller article about the CR. In the second half of the show Vince talks about Congress kicking the can down the road with this US Budget Continuing Resolution with guest Congressman Ralph Norman, a NY Post article on the Madison, Wisconsin school shooter, Aviation News, including lost luggage, CLT expecting busy holiday travel, and Boeing redesigning first class bathrooms.See omnystudio.com/listener for privacy information.
Tune in here for this Hump day edition of the Vince Coakley Radio Program! Vince starts the show talking about rumors of Hamas planning to release hostages and a possible cease-fire in the Israel/Hamas War, a Breitbart article about the "continuing resolution" with regards to the United States budget, Congress votes itself a raise, a Bill O'Reilly post, Luigi Mangione indicted on a 'murder as terrorism' charge in the killing of United Healthcare CEO Brian Thompson, the Dow Jones industrial average slightly higher today, and The Federal Reserve expected to make an announcement about interest rates later today. In the second half of the show Vince talks about the "continuing resolution" with regards to the United States budget with Congressman Thomas Massie, SCOTUS to hear arguments regarding the possible sale of TikTok, and cursive writing on the verge of extinction.See omnystudio.com/listener for privacy information.
Indulge... drink... and enjoy being buried... on Analog Jones. Brad picks our second movie for our "inappropriate movies too watch on the holidays" and did he pick a divisive film for the whole family to watch when he choose the The Last Supper from 1995. Get ready for conversations about death, tomatoes, and political discussions with our guest, The Jersey Ghouls! Quick Facts Directed by Stacy Title (Title died on January 11, 2021, at the age of 56 of ALS, was nominated for Best Live Action Short Film for Down on the Waterfront in 1993) Written by Dan Rosen Distributed by Sony Pictures Releasing Released on September 8, 1995 (Canada) and April 5, 1996 (US) Budget: $500,000 Box Office: $459,749 Rotten Tomatoes: 61% Tomatometer / 70% Popcornmeter Starring Cameron Diaz as Jude Annabeth Gish as Paulie Ron Eldard as Pete Jonathan Penner as Marc Cortney B. Vance as Luke How to listen and reach Analog Jones and the Temple of Film Discuss these movies and more on our Facebook page. You can also listen to us on iTunes, iHeartRADIO, Podbean, Spotify, and Youtube! Please email us at analogjonestof@gmail.com with any comments or questions!
Elon Musk and Vivek Ramaswamy are heading up Donald Trump's newly created Department of Government Efficiency which plans to take aim at wasteful government spending. On the campaign Elon Musk claimed that he could cut two trillion dollars in government spending. What would those cuts look like and how likely is Elon Musk to succeed? Does Elon Musk have too many conflicts of interest to do this job? Subscribe to Patrick's interview channel here: https://www.youtube.com/@PBoyleInterviews Patrick's Books: Statistics For The Trading Floor: https://amzn.to/3eerLA0 Derivatives For The Trading Floor: https://amzn.to/3cjsyPF Corporate Finance: https://amzn.to/3fn3rvC Ways To Support The Channel Patreon: https://www.patreon.com/PatrickBoyleOnFinance Buy Me a Coffee: https://www.buymeacoffee.com/patrickboyle Additional Reading: Jetson Leder-Luis Website: https://sites.bu.edu/jetson/ False Claims Act Reporting: https://www.justice.gov/civil/report-fraud The Economist: https://www.economist.com/briefing/2021/11/20/governments-are-not-going-to-stop-getting-bigger Reid Hoffman in The FT: https://www.ft.com/content/a3a329ee-8c9a-4abd-add2-eb7d56f4c108 Visit our website: https://www.onfinance.org Follow Patrick on Twitter Here: https://twitter.com/PatrickEBoyle Business Inquiries ➡️ sponsors@onfinance.org
Major stories developing on the global economic front, including:Government Funding Fiasco Averted… For NowBiden Unveils Bold Budget AgendaWall Street Vexed by Tech ValuationWall Street Bets on BoringGold Glitters Amidst Inflation UncertaintyBoeing Experiencing Heavy TurbulenceBitcoin Bounce Creates Thousands of MillionairesIPO Reveals Reddit RichesGoogle Billionaire Seeks ESG EdgeInflation Sees February Flare-Up FinWeekly has the latest updates on top market topics and other financial news: the US narrowly avoided a government shutdown with a $460 billion funding package, while President Biden unveils a bold $7.3 trillion budget proposal for fiscal year 2025. Wall Street strategists dispel concerns of a tech bubble, even as investors shift towards short-volatility bets. Gold prices remain steady amidst inflation uncertainty, while Boeing faces heavy turbulence with its stock plummeting. Bitcoin's rally creates thousands of new millionaires daily, and Reddit pursues a high-stakes IPO. Meanwhile, Google co-founder Sergey Brin eyes ESG investments, and US core inflation sees a February flare-up, signaling ongoing economic challenges. Tune in for insights into these dynamic economic trends shaping our world.Disclaimer:BYFIQ, LLC is a wholly owned entity of Coltivar Group, LLC. The views expressed here are those of the individual Coltivar Group, LLC (“Coltivar”) personnel quoted and are not the views of Coltivar or its affiliates. Certain information contained in here has been obtained from third-party sources. While taken from sources believed to be reliable, Coltivar has not independently verified such information and makes no representations about the enduring accuracy of the information or its appropriateness for a given situation.This content is provided for informational purposes only, and should not be relied upon as legal, business, investment, or tax advice. You should consult your own advisers as to those matters. References to any securities or digital assets are for illustrative purposes only, and do not constitute an investment recommendation or offer to provide investment advisory services. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendations. The Company is not affiliated with, nor does it receive compensation from, any specific security. Please see https://www.byfiq.com/terms-and-privacy-policy for additional important information.Support the show
US President Joe Biden delivered a $7.3 trillion election-year budget to the Congress. It contain proposal to raise taxes on wealthy earners and corporations and bring back a child tax credit for low and middle-income earners.The money will also help to fund childcare programs, funnel $258 billion to building homes, provide 12 weeks of paid family leave for workers, and help fund law enforcement.Also, in the programme, Devina Gupta finds out why more farmers are filing for bankruptcy in Brazil and why thousands of workers in Finland are on strike.
Budget negotiations in Congress are well underway, as lawmakers try to thread a very narrow needle to reach a spending agreement a week before next week's first deadline to fund the federal government. What could the federal budget look like for 2024? And can Congress pass a bill this big before the clock runs out? Utah Congressman Blake Moore is playing a big role in these budget talks, and he shares what he thinks will fix the process of funding the government.
Twice in 2023, the American government faced the prospect of having to shut down because politicians in congress couldn't agree on a budget to fund it. Each time, a shutdown was narrowly averted – by last minute, short-term deals.Now, a third deadline is looming in mid-January. It leaves politicians – with fierce disagreements over what services the government should pay for, and how – little time to reach an agreement.We look at the impact of this uncertainty on businesses, and ask, in an election year, what can be done to bring the chaos to an end?Presented and produced by Rob Young(Image: An employee walks past a sign at the entrance of the Smithsonian National Museum of Natural History during a 35-day partial government shutdown in Washington, DC, January 28, 2019. Credit: Getty Images)
Today's show reviews the main economic & political events of 2023. Topics on the Economy include: US GDP & ‘Soft Landing' talk; Inflation and Jobs trends; the March 2023 regional bank crisis; US Budget >$1T Deficit & $34T National Debt; the June US Debt Ceiling deal in Congress; major union strikes and contract negotiations; Chat-GPT & Artificial Intelligence; the Federal Reserve's interest rate pause; Russian sanctions; Ukraine War funding; China's economy and global economic slowdown. Topics on the Political front include: Israel-Hamas War; Ukraine's Failed Military Offensive; US House Speaker change; Biden's Impeachment hearings; Colorado and Maine State Ballot denials; Trump's polling lead over challengers; RFKjr candidacy; AIPAC attack on US college presidents; Taiwan almost war; SCOTUS ethics & decisions; BRICS expansion; Putin's Speech & Mideast Trip. Today's show also briefly comments on the implications for US democracy of the Colorado & Maine decisions to deny Trump ballot status. (Next show on January 12 will focus on economic and political predictions for 2024)
Prepare to be in the know as we delve into the behemoth of a topic - the US budget deficit projected to skyrocket to 1.7 trillion in 2023. We'll be unpacking this fiscal mammoth, discussing President Biden's foreign aid and security expenditure proposals, and how they could fan the flames of fiscal wars with House Republicans. Learn how the surge in interest rates could squeeze the government's ability to service its debt, possibly leading us into a dire financial strait.In this episode, we also put the spotlight on the US Treasury yields, holding steady but flirting with 16-year highs. We'll be interpreting the resulting turbulence in the bond market, with insights from financial expert Bill Aikman on the dangers of shorting bonds at the current long-term rates. We top off our discussion with the Israel-Hamas conflict's potential fallout on global trade, featuring insights from World Bank President AJ Banga on these geopolitical tensions' impact on global economic growth. Brace yourself for a torrent of vital financial insights you won't find anywhere else.This episode is brought to you by Skilled Property Finders - Home of the 21 Day Close!We will close on your property in 21 days or less OR we'll pay an additional $5,000. Visit www.skilledpropertyfinders.com to find out more. Support the show
Episode 175: Neal and Toby explain how the US budget deficit hit $1.7 trillion as Congress ends their fiscal year. Plus, the guys wrap up the biggest headlines of the weekend, including the fallout between Jon Stewart and Apple and Taylor Swift at the box office. Also, how one museum is connecting Van Gogh and Pokemon cards, and why orange juice is out and apple juice is in. Finally, is the actors strike nearing a breaking point? And a preview of what we are watching for this week. Listen to Morning Brew Daily Here: https://link.chtbl.com/MBD Watch Morning Brew Daily Here: https://www.youtube.com/@MorningBrewDailyShow Learn more about your ad choices. Visit megaphone.fm/adchoices
It includes big spending plans, worth more than six trillion dollars, with the focus on social programmes. Also: Italy's prime minister announces tough new penalties for people smugglers, after a cabinet meeting on the coast where dozens of migrants drowned last month, and the UK reveals its entrant for the Eurovision song contest.