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    Daily News

    FT News Briefing – Financial Times

    A rundown of the most important global business stories you need to know for the coming day, from the newsroom of the Financial Times. Available every weekday morning.
    Hosted on Acast. See acast.com/privacy for more information.

    Advertise

    Copyright: © Financial Times

    • Apple Podcasts
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    Latest Episodes:
    The melody of a yield curve Dec 20, 2021
    Show notes

    Read a transcript of this episode on FT.com

    https://www.ft.com/content/b08546bc-7eee-4c25-9e5c-db458728e4c2


    US president Joe Biden suffered a blow to his efforts to pass his signature $1.75tn social spending bill when Joe Manchin, the pivotal Democratic senator from West Virginia, explicitly rejected the package, European countries are tightening restrictions to reduce the spread of Omicron after the Netherlands reimposed a strict nationwide lockdown on Saturday, and FT capital markets correspondent Tommy Stubbington explains why the yield curve is so important to investors using a musical interpretation of the all-important chart.


    European countries impose travel curbs to slow Omicron’s spread

    https://www.ft.com/content/3316b665-9bfa-4e7e-ae68-c46601950cef


    Millions to lose child benefit as Biden social spending bill is delayed - with Taylor Nicole Rogers

    https://www.ft.com/content/9f4f23ca-304f-4738-807f-17a24ca6e82c


    Joe Manchin says he will vote against Biden spending bill

    https://www.ft.com/content/a979165a-fd1c-4b85-8604-28085e2c0c9b


    The yield curve: why investors are watching closely - with Tommy Stubbington

    https://ig.ft.com/the-yield-curve-explained/


    VIDEO: Sonification: turning the yield curve into music

    https://www.ft.com/content/80269930-40c3-11e9-b896-fe36ec32aece


    The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Gavin Kallmann and Michael Bruning. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.


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


    FT Weekend—Predictions for 2022: Britney, flip phones and the metaverse Dec 18, 2021
    Show notes

    It's the final FT Weekend episode of 2021, and we are marking the end of one unpredictable year and the start of another. What do you think will happen in 2022? Matt Vella, FT Weekend Magazine editor, joins Lilah to discuss listeners’ cultural predictions. A lot of them had an air of nostalgia: Will Britney make a documentary about her life? Will flip phones make a comeback? Then, our pop critic Ludovic Hunter-Tilney teaches us the art of the perfect holiday playlist.

    --------------

    If you want a great offer on an FT subscription specifically for listeners (and not a bad Christmas gift!) use this link: http://ft.com/weekendpodcast

    --------------

    Thank you for listening to the show this year. We’ll be back on January 8! What culture will you be reading, watching, listening to during the holidays? Say hi and let us know! Email us at ftweekendpodcast@ft.com. We’re on Twitter @ftweekendpod, and Lilah is on Instagram and Twitter @lilahrap.

    --------------

    Links and mentions from the episode:

    –Two books by the late, great bell hooks: The Will to Change, and All About Love

    –The FT’s Christmas roundup-(the complete guide to eating, drinking, giving and self-caring your way to a very merry holiday this year): https://www.ft.com/content/3d6c80dd-dbc3-4e0e-939f-b917aa401dfc

    Here are Ludo’s reviews of his favourite albums of the year (all free to read):

    –The Weather Station: Ignorance https://www.ft.com/content/57aef341-cce1-4816-9939-3c71a3fe5edf

    –Nation of Language: A Way Forward https://www.ft.com/content/ed7f3da8-d033-4ca0-90c7-1b7e4b425a19

    –Pharoah Sanders, Floating Points and the London Symphony Orchestra: Promises https://www.ft.com/content/c00c0655-013d-4d3b-8c7c-bf7dea47c1fc

    --------------

    Thank you to everyone who shared your notes, including: Andrei Berghianu from Romania, Olga Sihmane from Stockholm, Ashley Harris from Brooklyn, Lily Bland, Roger Ralph, Manish Prayaga, Helen Beedham, April from Los Angeles and so many more.

    --------------

    Original music by Metaphor Music. Mixing and sound design is by Breen Turner.


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


    The Bank of England’s surprise rate rise Dec 17, 2021
    Show notes

    Read a transcript of this episode on FT.com

    https://www.ft.com/content/5355f6b9-ad94-401e-bedd-557a9e75b15f


    Residents of America’s biggest cities are struggling to book vaccine appointments because of the rising wave of the Omicron coronavirus variant, and TPG is joining the wave of private equity groups that are going public. Plus, the FT’s markets editor, Katie Martin, explains why investors were so taken aback by the Bank of England’s rate rise yesterday.


    Americans rush for vaccine boosters ahead of Omicron wave - Kiran Stacey

    https://www.ft.com/content/ed003f92-98fc-41e5-9884-565ddfe05196


    France to block entry to UK tourists as Omicron surges

    https://www.ft.com/content/9e84e155-2963-4d29-8331-cace0d022fa5


    TPG joins wave of private equity groups going public

    https://www.ft.com/content/8fd93e65-9cc5-4156-9489-214b7a8c44d2


    Bank of England raises key interest rate to 0.25% - with Katie Martin

    https://www.ft.com/content/eb35ea37-fb8b-43a7-9d30-d985c58e62d7


    Uefa picks US bank to lead €7bn football financing package

    https://www.ft.com/content/25a79b68-ba14-466a-bffd-fcda2a1103a7


    The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Gavin Kallmann and Michael Bruning. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley.


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


    The Fed expects three interest rate rises for next year Dec 16, 2021
    Show notes

    Read a transcript of this episode on FT.com

    https://www.ft.com/content/5418e790-754e-4421-a7d2-99fd610466c3


    Federal Reserve officials expect to raise interest rates three times next year, and investors are piling into inflation-linked assets in a bet that consumer prices will continue to soar. Plus, the FT’s law courts correspondent, Jane Croft, tells the tale of a money laundering conviction that started with garbage bags stuffed with cash.


    Fed officials expect three rate rises next year in hawkish pivot on inflation

    https://www.ft.com/content/834e773c-0bf6-4510-87d3-123a5d040c05


    Investors pour billions of dollars into inflation-linked assets - with Kate Duguid

    https://www.ft.com/content/76122770-a4ac-4cee-a045-fc1a298c1d5e


    NatWest fined £265m for money laundering failures - with Jane Croft

    https://www.ft.com/content/f080cc09-62bc-4898-9814-ee7759d80cd7


    M&S sues discounter Aldi over ‘copycat’ Christmas gin

    https://www.ft.com/content/ffccedd3-db95-4e5e-8641-d0cb9caeff81


    The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Gavin Kallmann and Michael Bruning. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.


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


    The queen of the bull market faces her toughest test Dec 15, 2021
    Show notes

    Read a transcript of this episode on FT.com

    https://www.ft.com/content/9db04e62-720a-47b6-89a8-3fc0f383b489


    The US Federal Reserve is expected to announce a swift scaling back of its enormous stimulus programme and boost its expectations for interest rate increases next year, and the UK’s Advertising Standards Authority has taken the crypto industry to task for “widespread” problems with misleading and irresponsible ads. Plus, Ark Invest’s CEO, Cathie Wood, is known as the queen of the bull market. But the FT’s asset management editor, Harriet Agnew, explains that Wood’s concentrated bets on disruptive companies have left the pioneering ETF manager vulnerable.


    Fed poised to announce acceleration of stimulus taper - with Colby Smith

    https://www.ft.com/content/834e773c-0bf6-4510-87d3-123a5d040c05


    UK advertising regulator issues rebukes to crypto industry

    https://www.ft.com/content/b48040e5-d510-4ac8-9e6c-6af568e587ad


    Cathie Wood’s Ark: a tech-driven bull market on steroids - with Harriet Agnew

    https://www.ft.com/content/67289726-85d3-47e2-9f1c-942f5f95d37d


    Rentokil to buy US extermination specialist Terminix in $6.7bn deal

    https://www.ft.com/content/9182feea-3dd5-406b-8b70-d3e1e7090227


    The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Gavin Kallmann and Michael Bruning. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.


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


    The battle inside JPMorgan over A-Rod’s millions Dec 14, 2021
    Show notes

    Read a transcript of this episode on FT.com

    https://www.ft.com/content/6c90116a-d978-4b3c-9fba-0b57b2a42aec


    The US Department of Labor is investigating Apple over claims that it retaliated against an employee who complained of workplace harassment and unsafe working conditions, European gas futures rose 10 per cent on Monday after German foreign minister Annalena Baerbock said the Nord Stream 2 pipeline could not be permitted in its current form because it did not comply with EU law; and a senior banker at JPMorgan Chase is battling the bank and her colleagues who she says have been trying to poach her billionaire and multimillionaire clients.


    Apple faces probe over whether it retaliated against whistleblower

    https://www.ft.com/content/973aae8d-21d9-4e84-8912-ead071c7935d


    European gas prices rise after German concerns over Nord Stream 2 - with Guy Chazan

    https://www.ft.com/content/15a057f2-7647-496d-bcc6-6c4bcb836db6


    A baseball star in the ‘shark tank’: inside JPMorgan’s client poaching row - with Joshua Franklin

    https://www.ft.com/content/3b7ae6dc-b213-4463-b980-3b0401087187


    Harley-Davidson to spin off electric motorcycle division

    https://www.ft.com/content/0d290d5d-2f71-4991-928c-cc4518466f66


    The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Gavin Kallmann and Michael Bruning. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.


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


    Fast fashion’s new superpower: Shein Dec 13, 2021
    Show notes

    Read a transcript of this episode on FT.com

    https://www.ft.com/content/99bcfb02-6de4-4658-9d7f-c210db884fdf


    The cost of flying cargo around the world has reached record levels, and workers are demanding that gig economy companies explain their algorithms. Plus, the FT’s retail correspondent, Jonathan Eley, explains how the Chinese company Shein became one of the world’s biggest fast fashion companies and recently surpassed Zara to become the top fast fashion brand in the U.S.


    Air freight costs soar to record high

    https://www.ft.com/content/15b44fc9-5f86-4b28-ae05-a3233db13977


    Workers demand gig economy companies explain their algorithms - with Madhumita Murgia

    https://www.ft.com/content/95e7f150-b0f9-4602-8e5d-76a138b59851


    Shein: the Chinese company storming the world of fast fashion - with Jonathan Eley

    https://www.ft.com/content/ed0c9a35-7616-4b02-ac59-aac0ac154324


    Widening CEO-employee pay gap challenges ‘stakeholder capitalism’

    https://www.ft.com/content/7c9be0d8-d75b-45f3-8602-932ac25652b1


    The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Gavin Kallmann and Michael Bruning. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.


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


    FT Weekend: A trip to our secret book vault. Plus: the best books of 2021 Dec 11, 2021
    Show notes

    This weekend, we’re going behind the scenes of the FT’s legendary Books of the Year roundup. Literary editor Frederick Studemann and deputy books editor Laura Battle take us into a secret room in the basement of the FT, where all the books sent in for review are kept behind lock and key. You’ll leave this episode with a lot on your reading list, including recommendations from editor Roula Khalaf, FT weekend editor Alec Russell, chief economics commentator Martin Wolf and more.

    --------------

    If you want a $1 trial or 50% off a digital subscription, go to http://ft.com/weekendpodcast

    --------------

    Want to say hi? Email us at ftweekendpodcast@ft.com. We’re on Twitter @ftweekendpod, and Lilah is on Instagram and Twitter @lilahrap.

    --------------

    We want your cultural predictions, wishes, or questions for 2022! Share them with Lilah and FT Magazine editor Matt Vella by Sunday, December 12. Open your phone’s voice memo app, get close to the mic and say your name, location and your thoughts, then email it to ftweekendpodcast@ft.com. You can write to us, too. But you’ll sound great on tape, we promise.

    --------------

    Links and mentions from the episode:

    –Roula Khalaf recommends Empire of Pain by Patrick Radden Keefe

    –Pilita Clark recommends The Hydrogen Revolution by Marco Alvira and How to Blow Up a Pipeline by Andreas Malm. Her whole climate list: https://on.ft.com/3DFcYLr

    –Alec Russell recommends Sentient by Jackie Higgins and Free by Lea Ypi

    –Edwin Heathcote recommends Public House: A Cultural and Social History of the London Pub. His whole architecture and design list: https://www.ft.com/content/37545da9-7142-408b-a0bb-e458079ebd53

    –One of Edwin’s favorite books of the past few years is Sandfuture by Justin Beal. Here’s his review (free to read): https://www.ft.com/content/91a35024-4e41-4325-81ca-2373321ae4ff

    –Fred Studemann recommends Notes from Deep Time by Helen Gordon, The Passenger by Ulrich Boschwitz and Just the Plague by Lyudmila Ulitskaya

    –Laura Battle recommends Crossroads by Jonathan Franzen, Small Things Like These by Claire Keegan, and the audiobook of Harlem Shuffle by Colson Whitehead. Her whole fiction list: https://www.ft.com/content/7a881a03-2462-459e-930c-f526e4e54449

    –Martin Wolf’s economics list: https://www.ft.com/content/25ca2b59-8047-4f9b-bf99-e7f7c15d8d51

    –Explore the whole Books of the Year package: https://www.ft.com/booksof2021


    Original music by Metaphor Music. Mixing and sound design is by Breen Turner.


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


    The markets shrug off Omicron Dec 10, 2021
    Show notes

    Read a transcript of this episode on FT.com

    https://www.ft.com/content/699883ef-69b7-425f-a149-915268ccac82


    US consumer prices for November are expected to have increased at the fastest pace in nearly 40 years, and workers at a Starbucks in Buffalo, New York, have voted to become the coffee shop chain’s first unionised store in the US. Plus, FT markets editor, Katie Martin, explains why investors are shrugging off the Omicron variant of the coronavirus.


    US consumer prices expected to log biggest annual gain since 1982 - with Colby Smith

    https://www.ft.com/content/f355feab-e9f0-4dfc-bcd7-1759983dfb16


    Markets: variant, what variant? - with Katie Martin

    https://www.ft.com/content/c9a674a8-a961-4f7b-be1f-7a6922526296


    Starbucks workers approve first US union at Buffalo store - with Taylor Nicole Rogers

    https://www.ft.com/content/99653893-e23a-47ef-be04-6076b7a6e5b3


    Sackler name to be removed from Metropolitan Museum of Art galleries

    https://www.ft.com/content/2a898811-ddce-40fc-a736-f538ec31d58d


    The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Gavin Kallmann and Michael Bruning. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.


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


    Evergrande’s endgame Dec 09, 2021
    Show notes

    Read a transcript of this episode on FT.com

    https://www.ft.com/content/f448826b-f40b-49be-824d-5795493cee5f


    The Big Four accounting firms have recorded their strongest financial performance since the collapse of Enron, and Apple is tolerating a loose interpretation of its new privacy rules allowing app developers to collect data from its 1bn iPhone users for targeted advertising. Plus, the FT’s Beijing Bureau chief, Tom Mitchell, explains how the Chinese government might orchestrate the slow-motion collapse of indebted property developer Evergrande.


    Big Four post strongest performance since Enron as advisory business booms - with Michael O’Dwyer

    https://www.ft.com/content/95a0c80b-1262-42c3-ac5b-bb693e06d3c4


    Apple reaches quiet truce over iPhone privacy changes - with Patrick McGee

    https://www.ft.com/content/69396795-f6e1-4624-95d8-121e4e5d7839


    Beijing seeks to orchestrate slow-motion collapse for Evergrande - with Thomas Hale

    https://www.ft.com/content/21acda99-ee35-4f6d-8cfa-017d55e1bb10


    The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Gavin Kallmann and Michael Bruning. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.


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


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