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Bloomberg News Now

US Awaits Iran's Response, Oil Trades Get a Second Look, More

07 May 2026

Transcription

Transcript generated automatically by AI and may contain errors.

Chapter 1: What is the main topic discussed in this episode?

0.672 - 5.121 Stephen Carroll

Hello, I'm Stephen Carroll. I'm in Brussels, where many of Europe's biggest decisions get made.

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5.622 - 10.011 Caroline Hepke

And I'm Caroline Hepke in London. We're the hosts of the Bloomberg Daybreak Europe podcast.

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10.391 - 15.001 Stephen Carroll

We're up early every weekday, keeping an eye on what's happening across Europe and around the world.

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15.422 - 21.634 Caroline Hepke

We do it early so the news is fresh, not recycled, and so you know what actually matters as the day gets going.

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21.698 - 27.166 Stephen Carroll

From Brussels, I'm following the politics, policy and the people shaping the European Union right now.

27.206 - 32.633 Caroline Hepke

And from London, I'm looking at what all that means for markets, money and the wider economy.

33.154 - 37.48 Stephen Carroll

We've got reporters across Europe and around the globe feeding in as stories break.

37.941 - 42.587 Caroline Hepke

So whether it's geopolitics, energy, tech or markets, you're hearing it while it happens.

43.028 - 45.03 Stephen Carroll

It's smart, calm and to the point.

Chapter 2: What is the latest on Iran's response to the U.S. proposal?

289.223 - 307.589 Amy Morris

You can hear our full conversation with Boston Fed President Susan Collins on the Bloomberg Big Take podcast. Cleveland Fed President Beth Hammock says that language in the Fed policymaker's statement was misleading and did not match her outlook. During an interview on public radio, Hammock said the statement gave a signal that the next move would be a cut.

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307.97 - 327.094 Amy Morris

She says her own baseline outlook is that interest rates will be on hold for a while. We got the final release of weekly jobless claims before tomorrow's April jobs report. They rose to 200,000 after hitting multi-decade lows the week before. ADP chief economist Neela Richardson says... The labor market is showing signs of life.

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327.234 - 345.812 Neela Richardson

It's a solid labor market. We saw 109,000 private sector jobs in April created. That is the biggest number we've tracked in 15 months since January 2025. Here's the rub. The jobs that are being put into this economy are part-time and low-wage and mostly tied to health care.

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345.832 - 365.095 Amy Morris

Neela Richardson with ADP is a Bloomberg contributor. The April jobs report comes out tomorrow morning, 8.30 Wall Street time. Secretary of State Marco Rubio discussed efforts to achieve a durable peace in the Middle East in talks at the Vatican. The Vatican says the need to work tirelessly in favor of peace was also discussed.

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365.115 - 382.557 Amy Morris

Rubio visited Rome on a fence-mending visit after President Trump's criticisms of Pope Leo. Rubio met with the Pope and then the Vatican Secretary of State in a visit that lasted about two and a half hours. That's news when you want it with Bloomberg News Now. I'm Amy Morris and this is Bloomberg.

386.047 - 389.673 Unknown

There's a reason millions of people start their day with Morning Brew Daily.

390.033 - 408.803 Toby Howell

Each morning, we break down the biggest news in business from the latest tech headlines to why nobody can afford a house right now. All in a format that fits seamlessly into your day. You'll leave each episode of Morning Brew Daily smarter and ready to take on the world around you. I'm Toby Howell. And I'm Neil Freiman. And we're ready to show you that business news doesn't have to be boring.

409.043 - 412.729 Toby Howell

So join us on Morning Brew Daily, available wherever you get your podcasts.

412.861 - 431.883 Francine Lacroix

I'm Francine Lacroix, an award-winning journalist, and I've got a new podcast, Leaders with Francine Lacroix from Bloomberg Podcasts. I've interviewed everyone from heads of state to fashion icons about the news of the moment. But I've always been curious, who are these people as leaders? I don't think there's one right way to be a leader.

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