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Chapter 1: What is the main topic discussed in this episode?
Hello, I'm Stephen Carroll. I'm in Brussels, where many of Europe's biggest decisions get made.
And I'm Caroline Hepke in London. We're the hosts of the Bloomberg Daybreak Europe podcast.
We're up early every weekday, keeping an eye on what's happening across Europe and around the world.
We do it early so the news is fresh, not recycled, and so you know what actually matters as the day gets going.
From Brussels, I'm following the politics, policy and the people shaping the European Union right now.
And from London, I'm looking at what all that means for markets, money and the wider economy.
We've got reporters across Europe and around the globe feeding in as stories break.
So whether it's geopolitics, energy, tech or markets, you're hearing it while it happens.
It's smart, calm and to the point.
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Chapter 2: What are the latest developments in US-Iran talks?
Suozzi says the fund is just wrong.
Nobody supports this idea, especially in the context of all the problems Americans are facing with the cost of living. They don't want to see a $1.8 billion fund to pay people that beat up cops.
That was Democratic Congressman Tom Suozzi on ABC this week. On the same program, Congressman Fitzpatrick said his GOP House colleagues are on board, too.
A lot of them tell me they support it. We'll see how many actually, you know, join us in the effort by putting pen to paper and putting their name on it.
Now, this comes as GOP incumbents who have opposed the president have lost primaries recently to Trump backed challengers. That would include Representative Thomas Massey of Kentucky and Senator Bill Cassidy of Louisiana. The Secret Service has identified the gunman who opened fire outside the White House yesterday as 21-year-old Nazir Best. They have yet to determine a cause for this shooting.
Now, last July, Best was arrested for walking into a restricted area on White House grounds, and he had been known to the Secret Service for walking around the complex and asking how to gain access. Incidentally, a bystander was also injured in that crossfire. Inflation will be in focus in the coming week. Bloomberg's Karen Moscow has a look at the economic calendar.
U.S. markets are closed Monday in observance of the Memorial Day holiday. Tuesday, we get a look at consumer confidence and get two reports on home prices. Thursday, it's personal income and spending for April, along with the PCE index, or the Fed's preferred inflation gauge, which Bloomberg economists say likely remained hot last month. We also get another look at first quarter GDP.
durable goods orders, new home sales, and the weekly report on initial jobless claims. Friday, it's wholesale inventories. Karen Moscow, Bloomberg Radio.
And that is news when you want it. With Bloomberg News Now, I'm Doug Kriziner, and this is Bloomberg.
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