Bloomberg Daybreak: US Edition

US Shutdown Nears End as Senate Passes Deal; Trump Teases India Trade Pact


Listen Later

On today's podcast:
1) A record-setting 41-day US government shutdown is on a path to end as soon as Wednesday after the Senate passed a temporary funding measure backed by a group of eight centrist Democrats. The Senate’s 60-40 vote Monday comes amid escalating flight disruptions, food aid delays and frustrations in a federal workforce that has mostly gone without pay for more than a month. The Republican-controlled House must still approve the spending package, which keeps most of the government open through Jan. 30 and some agencies through Sept. 30. But Speaker Mike Johnson said he expects it will pass quickly.
2) Air travel disruptions mounted across the US as lawmakers pushed to end the federal government shutdown, with an air traffic controllers’ union warning of “the erosion of safety” as the critical workers missed their second-straight full paycheck. Almost 2,100 flights were canceled as of 6:15 p.m. in New York on Monday, according to data compiled by aviation analytics firm Cirium. That’s about 8.2% of the day’s 25,735 scheduled flights. Chicago O’Hare International Airport had the most cancellations, with nearly 25% of its scheduled flights scrapped. Over 16% of services in and out of Boston Logan Airport were scrubbed, as were 15% of trips at New York City’s LaGuardia Airport. The growing fallout stems from the Federal Aviation Administration’s directive to reduce flight capacity by 10% at the roughly 40 busiest US airports, a bid to alleviate what US aviation officials have said are signs of strain in the nation’s airspace system.
3) President Trump said he “at some point” would reduce the tariff rate on Indian goods, saying the US was getting “pretty close” to a trade deal with New Delhi. The comments were the latest signal of a possible thaw in the trade dispute that has soured the relationship between Washington and New Delhi. Earlier this year, Trump slapped additional tariffs on India’s exports to the US in part to pressure New Delhi to stop buying Russian oil, raising the rates on many Indian goods to 50%. That added tensions to an already contentious negotiation over what the US has cast as India’s high levies and other barriers on American goods.

See omnystudio.com/listener for privacy information.

...more
View all episodesView all episodes
Download on the App Store

Bloomberg Daybreak: US EditionBy Bloomberg

  • 3.9
  • 3.9
  • 3.9
  • 3.9
  • 3.9

3.9

55 ratings


More shows like Bloomberg Daybreak: US Edition

View all
Bloomberg Intelligence by Bloomberg

Bloomberg Intelligence

408 Listeners

Bloomberg Surveillance by Bloomberg

Bloomberg Surveillance

1,179 Listeners

Masters in Business by Bloomberg

Masters in Business

2,173 Listeners

Odd Lots by Bloomberg

Odd Lots

1,891 Listeners

Bloomberg Businessweek by Bloomberg

Bloomberg Businessweek

431 Listeners

Foundering by Bloomberg

Foundering

965 Listeners

Trillions by Bloomberg

Trillions

194 Listeners

Wall Street Breakfast by Seeking Alpha

Wall Street Breakfast

1,041 Listeners

UBS On-Air: Market Moves by Client Strategy Office

UBS On-Air: Market Moves

183 Listeners

Thoughts on the Market by Morgan Stanley

Thoughts on the Market

1,299 Listeners

Here's Why by Bloomberg

Here's Why

70 Listeners

Out of Office by Bloomberg

Out of Office

31 Listeners

Wall Street Week by Bloomberg

Wall Street Week

62 Listeners

Listen to the Story by Bloomberg

Listen to the Story

4 Listeners

The Big Take by Bloomberg

The Big Take

157 Listeners

Into the Metaverse by Bloomberg Intelligence

Into the Metaverse

58 Listeners

Bedrock, USA by iHeartPodcasts and Bloomberg CityLab

Bedrock, USA

232 Listeners

Zero: The Climate Race by Bloomberg

Zero: The Climate Race

227 Listeners

Bloomberg Tech by Bloomberg

Bloomberg Tech

61 Listeners

The Markets by Goldman Sachs

The Markets

73 Listeners

Bloomberg News Now by Bloomberg

Bloomberg News Now

58 Listeners

The Deal with Alex Rodriguez and Jason Kelly by Bloomberg

The Deal with Alex Rodriguez and Jason Kelly

82 Listeners

Money Stuff: The Podcast by Bloomberg

Money Stuff: The Podcast

386 Listeners

Bloomberg Daybreak: Asia Edition by Bloomberg

Bloomberg Daybreak: Asia Edition

10 Listeners

Bloomberg Talks by Bloomberg

Bloomberg Talks

21 Listeners

Bloomberg Daybreak: Europe Edition by Bloomberg

Bloomberg Daybreak: Europe Edition

3 Listeners

In the City by Bloomberg

In the City

12 Listeners

Bloomberg Opinion by Bloomberg

Bloomberg Opinion

7 Listeners

The Cable by Bloomberg News

The Cable

2 Listeners

IVF Disrupted: The Kindbody Story by Bloomberg and  iHeartPodcasts

IVF Disrupted: The Kindbody Story

74 Listeners

Stock Movers by iHeartPodcasts

Stock Movers

23 Listeners