FT News Briefing - Financial Times

Latest Episodes:

The highs and lows of the ‘Trump trade’ Nov 08, 2024

Show notes

US stocks rallied after Donald Trump’s election victory, but the euphoria could be short-lived if his policies drive up inflation. Plus, German opposition leader Friedrich Merz has called for snap elections as early as January following the collapse of Olaf Scholz’s government, and Trump’s victory is set to cast a pall over the UN COP29 summit next week.

Mentioned in this podcast:

Risk assets rally but bond market views Donald Trump’s victory with caution

Federal Reserve cuts interest rates for second consecutive meeting

German opposition leader Friedrich Merz calls for snap elections

Trump victory seen as blow to climate action ahead of COP summit

The FT News Briefing is produced by Niamh Rowe, Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Breen Turner, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Joseph Salcedo. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.

Read a transcript of this episode on FT.com

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

Trump’s second chapter begins Nov 07, 2024

Show notes

Wall Street stocks hit a record high but investors dumped bonds after Donald Trump’s historic US election victory, and the FT’s Lauren Fedor explains what to expect from his agenda. In Europe, leaders have vowed to preserve a united front and work with Trump, and export-reliant economies across the world brace for his promised tariff increases.

Mentioned in this podcast:

US stocks hit record high after Donald Trump clinches victory

Donald Trump elected US president in historic comeback

Donald Trump unleashed: what a second term will bring

European leaders vow to work with Donald Trump despite fears

Global economy prepares for the Trump ‘macro shock’

Trump’s tariff obsession is worse than before

Read a transcript of this episode on FT.com

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

How election day unfolded in the US Nov 06, 2024

Show notes

A divided US electorate made their choice at the polls yesterday, after candidates Kamala Harris and Donald Trump spent a combined $3.5bn in their race for the White House. Plus, Germany’s government is in talks on next year’s budget amid fears the coalition could collapse.

Mentioned in this podcast:

US election 2024 live results: US voters make their choice in historically tight election

Donald Trump and Kamala Harris spend $3.5bn in most expensive presidential election

German vice-chancellor extends olive branch to avert coalition collapse

Read a transcript of this episode on FT.com

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

What to expect on US election night Nov 05, 2024

Show notes

The dollar weakened on Monday as global markets reined in their bets on a victory for Donald Trump in the US presidential election, and the Financial Times’ James Politi explains what to look out for as results trickle in. Plus, Spain’s prime minister is facing political backlash over the country’s historic flooding and the Nigeria-based fintech Moniepoint has gained “unicorn” status.

Mentioned in this podcast:

Dollar weakens as investors rein in bets on Trump victory

Spain’s political leaders turn on each other over flood catastrophe

US election 2024: a comprehensive guide to the presidential race

Nigeria-based fintech Moniepoint gains ‘unicorn’ status

Credit: AFP

Read a transcript of this episode on FT.com

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

The $250bn in corporate taxes riding on US election Nov 04, 2024

Show notes

Chinese authorities are demanding wealthy individuals and companies double-check their taxes for unpaid liabilities, and the largest US companies are facing two starkly different financial futures after the election. The UK Conservative party elects right-wing Kemi Badenoch as leader, and share prices of clean hydrogen companies have collapsed due to delayed projects and dwindling demand.

Mentioned in this podcast:

China piles pressure on rich people and companies to cough up taxes

What’s at stake in US election? $250bn in taxes for corporate America

Kemi Badenoch wins Conservative party leadership race

US and European hydrogen stock prices collapse as prospects deflate

The FT Alphaville pub quiz returns to New York City this November

The FT News Briefing is produced by Niamh Rowe, Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Mischa Frankl-Duval, Breen Turner, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Joseph Salcedo. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.

Read a transcript of this episode on FT.com

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

Swamp Notes: Why the polls aren’t budging Nov 02, 2024

Show notes

In a campaign full of twists and turns, one thing has stayed surprisingly steady: the polls. On this final pre-election episode of Swamp Notes, the FT’s senior data journalist Oliver Roeder and deputy Washington bureau chief Lauren Fedor explain why the polls have barely budged this cycle, and how Donald Trump and Kamala Harris are motivating their voters in the race’s final days.

Mentioned in this podcast:

One week to go: what is the state of the US presidential race?

What the polls can’t tell us about America’s election

Trump rally’s Puerto Rico slur lands with a thud in Pennsylvania

‘Behind the Money’: US election betting is on a roll

Swamp Notes is produced by Ethan Plotkin, Sonja Hutson, Lauren Fedor and Marc Filippino. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Special thanks to Pierre Nicholson.

Read a transcript of this episode on FT.com

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

UK Budget spooks bond markets Nov 01, 2024

Show notes

Apple reported solid revenue growth in the past quarter, andinvestors are worried about the additional borrowing set out in UK chancellor Rachel Reeves’ Budget. The US warned that North Korean troops are expected to enter combat alongside Russia’s army in the coming days, and Spain is set to become the world’s fastest-growing major advanced economy this year.

Mentioned in this podcast:

Apple’s revenue beats Wall Street expectations on higher iPhone sales

UK borrowing costs hit highest level this year after Budget

Ukraine and US warn Kyiv’s troops could face North Korean forces ‘in days’

Spanish growth soars as Eurozone stumbles

Read a transcript of this episode on FT.com

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

UK Labour’s Budget borrows big, taxes more Oct 31, 2024

Show notes

Microsoft’s quarterly revenue rose 16% on strong cloud computing demand, the UK’s Labour party reveals bold tax increases and borrowing, and the US economy grew at an annualised rate of 2.8% in the third quarter. Plus, critics cry foul over a proof of citizenship law in Arizona.

Mentioned in this podcast:

Microsoft’s revenue beats estimates on strong cloud demand from AI boom

Rachel Reeves announces £40bn tax increase in UK Budget

Arizona’s proof of citizenship complicates voting in US swing state

US GDP rose at a 2.8% rate in third quarter on strong consumer spending

Play the FT’s Budget game: https://ig.ft.com/chancellor-game/

The FT News Briefing is produced by Niamh Rowe, Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Michela Tindera, Katya Kumkova, Breen Turner, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Joseph Salcedo. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.

Read a transcript of this episode on FT.com

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

Arm enters the AI race Oct 30, 2024

Show notes

Alphabet’s profit jumped 34 per cent in the third quarter, and Israel’s parliament approved legislation on Monday that will ban a UN agency for Palestinian refugees from operating within Israeli territory. The US and Taiwan are preparing to negotiate a new tax agreement, and mobile chip designer Arm may try to rival Nvidia.

Mentioned in this podcast:

Google’s profits beat expectations on strong cloud computing growth

Israeli parliament passes law banning UN Palestinian refugee agency

US and Taiwan set for talks to end double taxation for companies

The rise and rise of Arm

Giant African rats join crackdown against illegal wildlife trade

Read a transcript of this episode on FT.com

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

Boeing races to avoid credit downgrade Oct 29, 2024

Show notes

PwC’s business in Asia contracted sharply in the past year, Boeing announced a $19bn share sale to help avoid a credit rating downgrade, and Volkswagen plans a massive restructuring that includes shutting at least three German plants. Plus, fears of violence have left some US election boards struggling to hire poll workers.

Mentioned in this podcast:

PwC loses market share in Asia

Boeing launches $19bn share sale to bolster finances and avoid downgrade

Volkswagen plans to close at least 3 German plants and cut thousands of jobs

US polling places struggle to find workers after surge in threats

Read a transcript of this episode on FT.com

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