Jay Powell signalled a monetary policy shift during a high-profile Jackson Hole speech last week, and European investors are pouring money into new air defence technology. Plus, Spanish bank Santander is seeking to become a big player in Wall Street’s Spac market.

Mentioned in this podcast:

Jay Powell paves the way for Federal Reserve interest rate cut in September

Wall Street’s September Fed rate cut bets still hinge on economic data

Venture capital steps up ‘Iron Dome’ air defence investments

Santander signals Wall St ambition with Spac mandates

Today’s FT News Briefing was produced by Josh Gabert-Doyon, Ethan Plotkin, and Sonja Hutson. Additional help from Alex Higgins, Peter Barber. 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.

EU officials are accelerating plans for a digital euro, and the US Department of Justice has called for Federal Reserve governor Lisa Cook to be removed from her post. Plus, investors lost billions of dollars in July in what could be pump and dump stock scams.

Mentioned in this podcast:

EU speeds up plans for digital euro after US passes stablecoin law

Justice department calls on Federal Reserve to sack governor Lisa Cook

‘I almost fell off my chair’: Investors lose billions on meme stocks as ‘pump and dump’ scams multiply

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 Katya Kumkova, Sonja Hutson, and Marc Filippino. Additional help from Kelly Garry, 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.

Chinese regulators are pushing back against US AI chips, Target shares fell more than 6 per cent after the retail group picked an insider to be its new chief executive, and UK inflation accelerated more than expected to 3.8 per cent in July. Plus, China is making a big push for vehicle battery swapping.

Mentioned in this podcast:

Beijing turns against Nvidia’s AI chip after ‘insulting’ Lutnick remarks

Target shares drop as retailer picks insider to lead turnaround drive

UK inflation rises more than expected to 3.8% in July

Will a 3-minute battery swap beat a 5-minute charge for China’s EV drivers?

Today’s FT News Briefing was produced by Fiona Symon, Katya Kumkova, Sonja Hutson, 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.

Read a transcript of this episode on FT.com

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