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Bloomberg Podcasts · UK Turmoil Hits Pound, Trump-Xi Play Nice, Powell’s Term Ends, $100k A Day Wealth Tax |...
- 1. Manchester Mayor Andy Burnham's challenge to Keir Starmer for Prime Minister caused the pound to fall.
- 2. US President Trump and China's Xi Jinping held talks with warm words but few concrete agreements.
- 3. Jerome Powell concludes his Fed term, with Kevin Warsh inheriting inflationary pressures and political demands.
- 4. Nvidia's stock surged 20% in seven days due to AI investment, sparking tech bubble concerns.
- 5. Norwegian billionaire Gustav Witzøe pays $100k daily wealth tax, investing in AI for salmon farming.