Investors are worried that Donald Trump’s attempted firing of a Federal Reserve governor could undermine faith in the world’s most important central bank, and FT sources say the US has said it is prepared to provide intelligence assets to any western security plan for postwar Ukraine. Plus, French assets were hit on Tuesday as investors reacted to the prospect of a government collapse as soon as next month.

Mentioned in this podcast:

US long-term debt sells off after Trump’s attempted firing of Fed governor

US offers air and intelligence support to postwar force in Ukraine

French assets hit by prospect of government collapse

Today’s FT News Briefing was produced by Sonja Hutson and Marc Filippino. Additional help from Kelly Garry, 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.

US President Donald Trump said he was firing Federal Reserve governor Lisa Cook, shares in Ørsted plunged after the Trump administration halted one of the Danish wind farm developer’s almost-completed projects, and Elon Musk’s xAI has sued Apple and OpenAI alleging they broke antitrust rules. Plus, Germany’s government is encouraging young people to invest in the stock market rather than rely on the country’s flailing pension programme.

Mentioned in this podcast:

Trump says he is firing Fed governor Lisa Cook ‘effective immediately’

Musk’s xAI sues Apple and OpenAI over ChatGPT and iPhone integration

Germany’s pensions crisis: can €10 a month change how people invest?

Ørsted shares plunge to record low after US government halts project

Today’s FT News Briefing was produced by Sonja Hutson and Marc Filippino. Additional help from Blake Maples 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.

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.