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Trump to Name New Fed Governor, OPEC+'s Cliffhanger, and BMW's EV Bid | Bloomberg Daybreak:...
Posted
August 4, 2025
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829
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August 4, 2025
829
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19:23Now PlayingYour morning briefing, the business news you need in just 15 minutes.
On today's podcast:
(1) President Donald Trump said he will announce a new Federal Reserve governor and a new jobs data statistician in the coming days, two appointments that may shape his economic agenda amid anxiety over the trajectory of global growth.
(2) US stock futures advanced as equity investors took some positives from increased expectations for Federal Reserve interest-rate cuts following Friday’s weak US payrolls data.
(3) As US President Donald Trump has ratcheted up his rhetoric against trading partners in Europe — corporates across the continent are taking notice.
(4) BMW is staging a swift rollout of 40 new or updated models, including the iX3, which will share slick software, high-performance computers, and radically different design cues.
(5) OPEC+ closed a two-year chapter in its oil strategy on Sunday with the last in a series of bumper oil production increases. But it left crude traders with a cliffhanger.
(6) Texas Democratic lawmakers said they left the state in an effort to temporarily block Republicans from redrawing its congressional maps — a redistricting initiative pushed by President Donald Trump.
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