JPMorgan Chase is in talks to provide banking services to US President Donald Trump’s Board of Peace, and investors have warned that loosening the UK’s borrowing limits to fund more spending on defence would risk a bond market backlash and a self-defeating rise in borrowing costs. Plus, the White House says the New York Fed should be disciplined for a recent report, and a former investment banker is suing over her right to get eight hours of sleep per night.

Mentioned in this podcast:

JPMorgan in talks to bank for Trump’s Board of Peace

Gilt investors warn about ‘ruse’ to fund higher UK defence spending

Trump adviser says New York Fed economists should be ‘disciplined’ for publishing study on tariffs

Can bankers be fired for demanding sleep? A US court will decide

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Today’s FT News Briefing was hosted and edited by Marc Filippino, and produced by Fiona Symon and Victoria Craig. Our show was mixed by Sam Giovinco. Additional help from Michael Lello. Our executive producer is Topher Forhecz. Cheryl Brumley is the FT’s Global Head of Audio. The show’s theme music is by Metaphor Music.

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

An inverted yield curve is sending jitters across the US economy, Japanese IT conglomerate Fujitsu is in hot water over its involvement in the UK  Post Office scandal, and new details have emerged over how the SEC’s X account was hacked. 

Mentioned in this podcast:

UK Post Office scandal exposes risks of Fujitsu’s hands-off approach

Yield curve adds to mystery over US economy

SEC says bitcoin X breach came after phone number was swapped

The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Sam Giovinco, Peter Barber, Michael Lello, David da Silva, Gavin Kallmann, and Josh Gabert-Doyon. Our engineer is Monica Lopez. 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.

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

More than 60 partners have left PwC China after a ban over its audit of failed property developer Evergrande, the FT’s Andy Bounds explains what we can learn from Donald Trump’s 2018 steel tariffs, and Hamas said it is postponing the next release of hostages. Plus, Hizbollah is weaker than it’s ever been, and it needs the support of its constituency to rebuild.

Mentioned in this podcast:

PwC China loses 66 partners in wake of ban over Evergrande audit

What happened when Donald Trump imposed steel tariffs in 2018

Donald Trump to impose 25% tariffs on steel and aluminium imports

Hamas says it is postponing next hostage release

How Hizbollah is using cash and WhatsApp groups to shore up power

The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian, Ethan Plotkin, Lulu Smyth, 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.

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