US President Donald Trump’s nominee to join the Federal Reserve has vowed to uphold central bank independence, bond traders are banking on revenue from Trump’s tariffs to bolster US public finances, and Nasdaq is trying to combat a number of suspected “pump and dump” scams. Plus, the “Amazon of Africa”, Jumia, is still trying to prove that it can be a profitable business after six years on the public market.

Mentioned in this podcast:

Stephen Miran vows to uphold Fed independence but says Donald Trump ‘entitled’ to a view on monetary policy

Bond investors count on Trump tariff revenues to rein in US debt

Nasdaq to tighten rules on small-cap stocks after suspected ‘pump and dump’ scams

Is there a future for the ‘Amazon of Africa’?

Sign up for the FT Weekend Festival at ft.com/festival and use the promo code “FTPodcasts” for 10 per cent off.

Today’s FT News Briefing was produced by Victoria Craig, Katya Kumkova, Sonja Hutson, and Marc Filippino. Additional help from Alex Higgins, Michael Lello, David da Silva and Gavin Kallmann. The FT’s acting co-head of audio is Topher Forhecz. The show’s theme music is by Metaphor Music.

Read a transcript of this episode on FT.com

Hosted on Acast. See acast.com/privacy for more information.

Lloyds Banking Group will put thousands of its staff at risk of dismissal, and Indonesians are angered over the widening inequality in their country. Plus, MEPs in the European parliament are unhappy with the EU-US trade deal, and the FT’s John Foley explains what artificial intelligence has to do with the outcome of Google’s antitrust case.

Mentioned in this podcast:

Thousands of Lloyds staff face axe in performance overhaul

European parliamentarians attack EU-US trade deal and demand changes

Google shares jump after judge refrains from ordering break-up

Indonesian rage over MPs ‘opulent lifestyle’ reflects deep economic discontent

Google dodges a bullet

Today’s FT News Briefing was produced by Fiona Symon, Katya Kumkova, Victoria Craig, and Marc Filippino. Additional help from Blake Maples, Michael Lello, David da Silva and Gavin Kallmann. The FT’s acting co-head of audio is Topher Forhecz. The show’s theme music is by Metaphor Music.

Hosted on Acast. See acast.com/privacy for more information.

A sell-off in government bonds spilled into the equity market as stocks fell on Tuesday, and Eurozone inflation ticked up to 2.1 per cent in August. Plus, European banks are intensifying their calls for regulators to remove obstacles to cross-border banking services in the EU.

Mentioned in this podcast:

European banks push for lower cross-border hurdles

US stocks fall as bond sell-off spills into equities

Eurozone inflation rises to 2.1% in August

Pound falls as UK long-term borrowing costs hit highest level since 1998

Sign up for the FT Weekend Festival at ft.com/festival and use the promo code “FTPodcasts” for 10 per cent off.

Today’s FT News Briefing was produced by Fiona Symon, Victoria Craig Katya Kumkova and Marc Filippino. Additional help from Kelly Garry, and David da Silva. The FT’s acting co-head of audio is Topher Forhecz. The show’s theme music is by Metaphor Music.

Hosted on Acast. See acast.com/privacy for more information.