| Bloomberg Morning Briefing Americas |
| |
| Good morning. Markets react to Donald Trump's plan for a 15% global rate. The US president is weighing a big strike on Iran if talks fail, the NYT reported. And a powerful storm is coming for New York City. Listen to the day's top stories. — Tiago Ramos Alfaro | |
| Markets Snapshot | | | | Market data as of 05:56 am EST. | View or Create your Watchlist | | | Market data may be delayed depending on provider agreements. | | |
| Tariffs unknown: Donald Trump announced a 15% global duty following the Supreme Court decision to void his previous tariffs. The president may lean on alternative legislation to try to rebuild his tariff wall, but senior US officials said the defeat won't unravel previous deals negotiated, as they tried to defend the administration's assertive trade policies. China, India and Brazil are the top winners from the court decision, according to Global Trade Alert, with New Delhi postponing a trip to the US aimed at finalizing their interim deal. The UK, meanwhile, risks being the biggest loser. The dollar and stock futures declined this morning as trade jitters hit market sentiment. Bitcoin also fell, briefly sliding below $65,000 for the second time this month, on tariff uncertainty. Other coins fared worse, with Ether—the second-largest cryptocurrency—retreating 5%. | |
| |
| Iran latest: Donald Trump said he's considering limited military strikes on the Islamic Republic to pressure it into signing a new nuclear deal. If that effort fails, he'll consider a bigger attack aimed at driving the country's leaders from power, the New York Times reported. The two sides are set to resume talks in Geneva on Thursday. Meanwhile, protests have resurfaced at several Iranian universities for a second day.  Police officers patrol a street yesterday, in Colima, Mexico. Photographer: Agencia Press South/Getty Images South America Across the border, Mexican authorities killed cartel leader Nemesio Rubén Oseguera Cervantes, known as "El Mencho," in a raid in the western state of Jalisco that sparked clashes nationwide. Founded in 2009 as a rival to the Sinaloa Cartel, the Jalisco New Generation Cartel has become one of the main groups trafficking cocaine, methamphetamine and fentanyl to the US. The US issued a "shelter-in-place" alert for its citizens in parts of Mexico. A major winter storm on the East Coast has disrupted transport, closed schools today and paralyzed parts of New York City, with 41 million people facing blizzard conditions. Forecasters warned of "potentially crippling" impact, while surging heating demand lifted US natural gas futures nearly 7%. Delta Air Lines said it expects to suspend operations at New York's LaGuardia and JFK as well as Boston Logan International Airport into Tuesday. | |
Deep Dive: Wall Street Settlement | |
 Photographer: Michael Nagle/Bloomberg Boutique investment bank Centerview has settled a lawsuit filed by a former analyst who claimed the firm wrongfully fired her for asking to be able to sleep more than eight hours a night. - Kathryn Shiber sought $5 million, claiming the bank dismissed her 10 weeks into a three-year program after she requested a consistent sleep schedule due to mood and anxiety disorders.
- Centerview argued unpredictable hours are "essential" to the job and that Shiber's legal claims "have no merit."
- Long hours have always been a facet of Wall Street's training programs. The case comes as major banks cap junior workloads at 80-100 hours a week following renewed scrutiny of overwork.
- The 2024 deaths of two young Bank of America employees sparked widespread discussion about possible overwork, though it's not clear if that was a factor in their deaths.
| |
| |
| |
| |
| Big Take Podcast |  | | | |
| |
 Photographer: asbe/iStockphoto Pay for top bosses at the biggest US banks has reached new records in the past couple of years, surpassing even what CEOs received in the pre-crisis peak of 2007, Paul J. Davies writes. Someday these vast rewards might run dry. After all, in the age of AI, what is a CEO even for? | |
| More Opinions |  | |  | | | |
| Our daily word puzzle with a plot twist. Today's clue is: Passing on costs? Play now! | |
| |
 A view of Lake Atitlán from Casa Palopó's dining room. A different kind of dividend. For a mere $2,500 you can relax at a three-bedroom villa on the French Polynesian island of Moorea for seven nights. That's just one of the vacations our travel columnist recommends when you want your warm-weather getaway to double as a path to self-improvement. | |
| One More |  | | | |
| Bloomberg House Miami: For the first time, Bloomberg House goes beyond Davos, arriving on April 29-30 at the Formula 1 Miami Grand Prix. Join global leaders for compelling conversations and exclusive gatherings across finance, entertainment, technology and sports. Learn more. | |
| Enjoying Morning Briefing Americas? Get more news and analysis with our regional editions for Asia and Europe. Check out these newsletters, too: - Markets Daily for what's moving in stocks, bonds, FX and commodities
- Breaking News Alerts for the biggest stories from around the world, delivered to your inbox as they happen
- Supply Lines for daily insights into supply chains and global trade
- FOIA Files for Jason Leopold's weekly newsletter uncovering government documents never seen before
Explore all newsletters at Bloomberg.com. | |
| |
Like getting this newsletter? Subscribe to Bloomberg.com for unlimited access to trusted, data-driven journalism and subscriber-only insights. Before it's here, it's on the Bloomberg Terminal. Find out more about how the Terminal delivers information and analysis that financial professionals can't find anywhere else. Learn more. Want to sponsor this newsletter? Get in touch here. | | | You received this message because you are subscribed to Bloomberg's Morning Briefing Americas newsletter. If a friend forwarded you this message, sign up here to get it in your inbox. | | |
No comments:
Post a Comment