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Andy Burnham running for the Makerfield by-election has become far more than a contest for a safe Labour seat. It is being seen as a proxy battle over Sir Keir Starmer's leadership, Labour's direction after its bruising local election results, and even whether Reform UK can break permanently into Labour's northern heartlands. Host Lucy Fisher is joined by George Parker, political editor, Robert Shrimsley, UK chief political commentator, and Jen Williams, northern England correspondent to discuss the latest developments. The team also examines the economic offerings and political positioning of the prospective Labour leadership contenders Andy Burnham and Wes Streeting.Follow: Lucy @LOS_Fisher or @lucyfisher.ft.com; George Parker @GeorgeWParker ; Robert Shrimsley @robertshrimsley ; Jennifer Williams @JenWilliams Want more? How will Andy Burnham pay for his plans for the UK?What version of Manchesterism is Andy Burnham offering?Wes Streeting floats ‘wealth tax' in bid to woo Labour leftWes Streeting: the confident performer with a mixed record of reformGreens consider helping Labour's Andy Burnham in Makerfield by-electionReeves cuts food tariffs and children's bus fares in cost of living plan You can also sign up here for Stephen Bush's morning newsletter Inside Politics for straight-talking insight into the stories that matter, plus puns and tongue (mostly) in cheek views. Get 30 days free.Political Fix was presented by Lucy Fisher and produced by Nisha Patel and Persis Love. Manuela Saragosa is the executive producer. Original music and sound engineering by Breen Turner. The broadcast engineers are Andrew Georgiades and Bianca Wakeman. Cheryl Brumley is the FT's global head of audio. Hosted on Acast. See acast.com/privacy for more information.
EU governments are discussing whether former leaders could represent the bloc in potential negotiations with Russia's Vladimir Putin, and rising fuel prices have triggered deadly protests across Africa. Plus, we look back at US Federal Reserve chair Jay Powell's legacy as head of the central bank.Mentioned in this podcast:EU mulls Angela Merkel or Mario Draghi as possible Vladimir Putin whispererProtests spread in Africa as fuel crisis deepensPowell, Trump and the battle for the Federal ReserveWant to get in touch? Email us at podcasts@ft.comNote: The FT does not use generative AI to voice its podcasts Correction: This show has been modified from its original version. We said the Trump administration opened a lawsuit against Federal Reserve chair Jay Powell. The administration threatened a lawsuit. Today's FT News Briefing was hosted and edited by Marc Filippino, and produced by Katya Kumkova, Saffeya Ahmed, and Fiona Symon. Our show was mixed by Sam Giovinco. Additional help from Gavin Kallmann, and David da Silva. 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. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
OpenAI sparked the generative AI boom with the release of ChatGPT. But along the way its chief executive Sam Altman has ruffled plenty of feathers. Colleagues have left to set up rival labs, co-founders have sued him in court and his own company even tried to sack him. Now OpenAI's early lead in the AI race is evaporating. Can it stay ahead of its rivals, and is Altman the right person to lead the AI revolution?FT articles free to read: Elon Musk loses OpenAI case after 2 hours of jury deliberationsOpenAI investors question $852bn valuation as strategy shiftsOpenAI chief Sam Altman: ‘This is genius-level intelligence'Tech Tonic is hosted by Murad Ahmed and produced by Edwin Lane. The executive producer is Topher Forhecz. Sound design by Breen Turner and Sam Giovinco. The FT's global head of audio is Cheryl Brumley.Tell us what you think of Tech Tonic! Complete this short survey and you'll get the chance to win a pair of Bose QuietComfort wireless headphones.Prize draw winners' surnames and regions may be made available upon request, as required by the Advertising Standards Authority. If you do not want your information to be made available, please email Privacy.Officer@ft.com upon entry. For more information on your rights and how we use your data, please read our Privacy Policy.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
A California court threw out Elon Musk's case against Sam Altman and OpenAI, the global bond sell-off rages on, and a $420bn power behemoth was born after NextEra Energy struck a deal with its rival Dominion Energy. Plus, the FT's Raya Jalabi travels to Christian villages in southern Lebanon where residents fear they're under an indefinite occupation by Israeli forces. Mentioned in this podcast:Elon Musk's case against OpenAI dismissed after just two hours of jury deliberationsGlobal bonds tumble on fears of inflation shock from Iran warBonds extend sell-off on inflation fearsNextEra strikes megadeal with Dominion to create $420bn US utilityIsrael seizes 1,000 sq km under Benjamin Netanyahu's war strategyThe Christian villages under Israeli occupation in LebanonWant to get in touch? Email us at podcasts@ft.comNote: The FT does not use generative AI to voice its podcasts Today's FT News Briefing was hosted and edited by Marc Filippino, and produced by Katya Kumkova and Saffeya Ahmed. Our show was mixed by Sam Giovinco. Additional help from Gavin Kallmann, Michael Lello and David da Silva. 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. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
The cost for companies to circumvent shipping through the Strait of Hormuz is reaching record levels, and the world is bracing for an energy cliff edge this summer as the US-Iran war continues. But the war hasn't deterred investment firms from betting on the Middle East, and we have an update on the UK's political turmoil.Mentioned in this podcast:Sweeping the strait: the companies gearing up to clear the Gulf of minesGulf freight rates jump as shipping companies turn to trucks to move cargoWhat life is like on the stranded ships of the GulfIran energy crisis enters new phase as peak summer season loomsInvestment firms look beyond Iran war to expand in Middle EastLabour reopens Brexit debateIs being prime minister now an impossible job?Political Fix podcastWant to get in touch? Email us at podcasts@ft.comNote: The FT does not use generative AI to voice its podcasts Today's FT News Briefing was hosted by Victoria Craig, and produced by Katya Kumkova and Saffeya Ahmed. Our show was mixed by Alex Higgins. Additional help from Peter Barber. 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.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
Opponents are lining up to potentially challenge UK Prime Minister Keir Starmer, Chinese President Xi Jinping says his country will ‘open wider' for American tech, and Saudi Arabia is considering a Middle Eastern non-aggression pact with Iran. Plus, what does one city in Pennsylvania tell us about the intersection of US politics and the economy? Mentioned in this podcast:Starmer braces for leadership challenge by BurnhamXi Jinping tells Nvidia, Tesla and Apple CEOs that China will ‘open wider'Saudi Arabia floats Middle Eastern non-aggression pact with IranAI chipmaker Cerebras surges more than 100% in Wall Street debutThe Bethlehem Project: US politics and economics through the lens of one cityWant to get in touch? Email us at podcasts@ft.comNote: The FT does not use generative AI to voice its podcasts Today's FT News Briefing was hosted and edited by Marc Filippino, and produced by Katya Kumkova, Saffeya Ahmed, and Sonja Hutson. Our show was mixed by Sam Giovinco. Additional help from Gavin Kallmann and 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.
In a dramatic week at Westminster, Wes Streeting has quit as health secretary and ex-deputy prime minister Angela Rayner has said her wrangling with HMRC is finally over – but neither has launched a leadership challenge. Instead, all eyes are now on Greater Manchester mayor Andy Burnham as he attempts to chart a path back to the Commons, leaving Sir Keir Starmer's premiership under severe pressure. Host Lucy Fisher is joined by political correspondent Anna Gross, deputy opinion editor Miranda Green and deputy political editor Jim Pickard to discuss the latest developments. The team also examines Reform UK leader Nigel Farage's shifting story about his £5mn personal gift from a Thailand-based crypto investor in 2024, and looks ahead to consider what a Reform government would do. Follow: Lucy @LOS_Fisher or @lucyfisher.ft.com; Anna @annasophiagross; Miranda @greenmiranda & @greenmirandahere.bsky.social and Jim @pickardJE Want more? Burnham's return to Westminster will not be so easy Labour set to approve Andy Burnham's by-election runStarmer crisis as it happened: premier appoints new health secretary Angela Rayner says she has been cleared over tax affairsWes Streeting: the confident performer with a mixed record of reform To beat the populist right, Labour must be an insurgent government Zack Polanski admits ‘mistake' over houseboat council taxFT Series: Reform UK up close Sign up here for Stephen Bush's morning newsletter Inside Politics for straight-talking insight into the stories that matter, plus puns and tongue (mostly) in cheek views. Get 30 days free.Political Fix was presented by Lucy Fisher and produced by Nisha Patel. Manuela Saragosa is the executive producer. Original music and sound engineering by Breen Turner. The broadcast engineers are Andrew Georgiades and Bianca Wakeman. Cheryl Brumley is the FT's global head of audio. Hosted on Acast. See acast.com/privacy for more information.
The US Senate confirmed Kevin Warsh as the next chair of the Federal Reserve yesterday, and the Bank of England is set to water down its rules on stablecoins. Plus, the popularity of Germany's AfD party is growing after its criticism of the Iran war.Mentioned in this podcast:Senate confirms Kevin Warsh to succeed Jay Powell as Fed chairBank of England set to water down stablecoin rules after industry pressureGermany's far-right AfD sees surge in support after it criticises Donald Trump's Iran warHow could a Starmer leadership challenge play out?Note: The FT does not use generative AI to voice its podcasts Today's FT News Briefing was hosted by Sonja Hutson, and produced by Katya Kumkova, Saffeya Ahmed, and Marc Filippino. Our show was mixed by Sam Giovinco. Additional help from Gavin Kallmann. 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.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
UK gilt investors are weighing in on who they would like to see replace Prime Minister Sir Keir Starmer, and the fund raising for Blue Owl is running dry. Plus, the US economy is hurting due to high inflation and eBay says no thanks to GameStop's takeover bid. Mentioned in this podcast:Who do gilt investors want to lead Britain? UK borrowing costs surge as Starmer leadership crisis rattles bond Fuel, munitions and food: Trump's Iran war rips across US economyUS inflation jumps to 3.8% as Trump's Iran war sends petrol prices soaringBlue Owl retail fundraising evaporates amid private credit concernsEbay rejects $56bn GameStop bid as ‘neither credible nor attractive'Get in touch with us at podcasts@ft.com Note: The FT does not use generative AI to voice its podcasts Today's FT News Briefing was hosted and edited by Marc Filippino, and produced by Katya Kumkova, Saffeya Ahmed, and Sonja Hutson. 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. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
In the latest AI boom Google has been playing catch-up with the likes of OpenAI and Anthropic. But with stacks of cash, its own AI chips and some of the best AI talent in the world, is Google about to make a comeback? Murad Ahmed speaks to the FT's AI editor Madhumita Murgia and Stephen Morris, the FT's bureau chief in San Francisco.FT articles free to read: DeepMind chief Demis Hassabis warns AI investment looks ‘bubble-like'DeepMind slows down research releases to keep competitive edge in AI raceGoogle staff urge chief executive to block US military AI useTech Tonic is hosted by Murad Ahmed and produced by Edwin Lane. The executive producer is Topher Forhecz. Sound design by Breen Turner and Sam Giovinco. The FT's global head of audio is Cheryl Brumley.Tell us what you think of Tech Tonic! Complete this short survey and you'll get the chance to win a pair of Bose QuietComfort wireless headphones.Prize draw winners' surnames and regions may be made available upon request, as required by the Advertising Standards Authority. If you do not want your information to be made available, please email Privacy.Officer@ft.com upon entry. For more information on your rights and how we use your data, please read our Privacy Policy.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
US President Donald Trump says the Iran ceasefire is on “life support”, and UK Prime Minister Keir Starmer is fighting to save his premiership after the Labour party's disastrous showing in last week's UK local elections. Plus, we preview this week's summit between Trump and China's President Xi Jinping, and examine how business in the Gulf is holding up through the Iran war. Mentioned in this podcast:Donald Trump says Iran ceasefire is on ‘life support'Starmer battles to stay in Number 10 as scores of Labour MPs urge him to quitHow the war hit the Gulf dealmaking machine A weakened Trump arrives in Xi's court The Rachman Review podcastCredit: Associated Press We want to hear from you! What do you like about FTNB? What would you like to hear more of? Reach out to us at podcasts@ft.comNote: The FT does not use generative AI to voice its podcasts Today's FT News Briefing was hosted and edited by Marc Filippino, and produced by Katya Kumkova, Saffeya Ahmed, and Sonja Hutson. Our show was mixed by Sam Giovinco. Additional help from Gavin Kallmann, Michael Lello and David da Silva. 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.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
A gas shipment made it through the Strait of Hormuz as European oil majors cash in billions from the US-Israeli war on Iran, airlines across Europe are cutting prices for summer flights despite a potential jet fuel shortage, and bond giant Pimco says the war could prompt the Federal Reserve to raise rates. Plus, the FT's Lucy Fisher explains what to expect from a make-or-break speech by UK prime minister Keir Starmer today. Mentioned in this podcast:Qatari gas shipment clears Strait of Hormuz after Pakistan-Iran talksEuro oil majors make billions off war Coal shipments jump as countries seek alternatives to disrupted gas suppliesAirlines cut prices to entice holiday bookers worried about jet fuelIran war could prompt Federal Reserve to raise rates, Pimco saysStarmer faces fight for survival as calls to resign escalateBritain's elections in maps and chartsPolitical Fix podcast Note: The FT does not use generative AI to voice its podcasts Today's FT News Briefing was hosted by Victoria Craig, and produced by Katya Kumkova, Marc Filippino and Saffeya Ahmed. Our show was mixed by Alex Higgins. Additional help from Peter Barber. 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. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
You sent in your burning questions, now our panel answers them. Will Sir Keir Starmer's ‘relaunch' work? Has Britain become ungovernable? Will the UK's voting system be reformed, is the student loans system punishing youthful ambition, and what about defence? Host Lucy Fisher is joined by the FT's George Parker, Miranda Green and Robert Shrimsley to discuss a range of topics spanning politics and policy.Follow Lucy on Bluesky or X: @lucyfisher.bsky.social, @LOS_Fisher; Miranda @greenmirandahere.bsky.social, George: @GeorgeWParker & @georgewparker.bsky.social and Robert @robertshrimsley, @robertshrimsley.bsky.socialWant more? Starmer vows he will not ‘walk away' as leadership rivals circle There was nothing here to save StarmerKeir Starmer to promise ‘urgent' change as he fights for his political future‘You've got to achieve things quickly': lessons from a decade of leading LondonThe new politics may be more like the old politics than we assume Sign up here for Stephen Bush's morning newsletter Inside Politics for straight-talking insight into the stories that matter, plus puns and tongue (mostly) in cheek analysis. Get 30 days free.Presented by Lucy Fisher. Produced by Clare Williamson. Manuela Saragosa is the executive producer. Original music and mix by Breen Turner. The broadcast engineers were Andrew Giorgiades and Petros Gioumpasis. Cheryl Brumley is the FT's global head of Audio. Hosted on Acast. See acast.com/privacy for more information.
It's been a dreadful night for Labour as council seats across the country have turned from red to turquoise. The Conservatives have not fared much better with Reform UK the big winner so far. With results still coming in, host Lucy Fisher discusses the fracturing of the vote and the future for beleaguered Prime Minister Sir Keir Starmer with the FT's deputy political editor Jim Pickard, Northern England correspondent Jen Williams and political columnist Stephen Bush.Have a question for the panel? We're planning a question and answer episode on Monday May 11. Email your questions to politicalfix@ft.comFollow Lucy on X: @LOS_Fisher, and Bluesky: @lucyfisher.ft.com; Jim @PickardJE; Stephen @stephenkb & @stephenkb.bsky.social and Jen @JenWilliamsMEN and @jenwilliamsft.bsky.socialWant more? UK elections: Labour suffers heavy losses as Reform surgesFour things we learnt in the UK electionsScale of defeat should shake ‘big two' parties into serious actionKeir Starmer defies calls to quit after heavy Labour council lossesUK local and devolved elections: Hour-by-hour guide to key resultsIn Labour's bleak moment, Andy Burnham relishes his ownSign up here for Stephen Bush's morning newsletter Inside Politics for straight-talking insight into the stories that matter, plus puns and tongue (mostly) in cheek. Get 30 days free.Presented by Lucy Fisher. Produced by Clare Williamson. Manuela Saragosa is the executive producer. Original music and mix by Breen Turner. The broadcast engineers were Andrew Giorgiades and Petros Gioumpasis. Cheryl Brumley is the FT's global head of Audio. Hosted on Acast. See acast.com/privacy for more information.
Big Tech groups are expected to generate the smallest amount of cash in more than a decade this year, and investors are dumping Indian assets. Plus, GameStop CEO Ryan Cohen, has set his sights on his next project: a huge leveraged buyout of eBay.Mentioned in this podcast:Big Tech's $725bn AI spending spree sends cash flows to decade lowInvestors dump Indian assets as energy shock sends rupee slidingCan the meme stock king pull off audacious eBay swoop?Political Fix podcastNote: The FT does not use generative AI to voice its podcasts Today's FT News Briefing was hosted and edited by Marc Filippino, and produced by Katya Kumkova, Saffeya Ahmed, and Victoria Craig. Our show was mixed by Sam Giovinco. Additional help from Michael Lello and David da Silva. 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. Credit: CNBCRead a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
It's been a dreadful night for Labour as council seats across the country have turned from red to turquoise. The Conservatives have not fared much better with Reform UK the big winner so far. With results still coming in, host Lucy Fisher discusses the fracturing of the vote and the future for beleaguered Prime Minister Sir Keir Starmer with the FT's deputy political editor Jim Pickard, Northern England correspondent Jen Williams and political columnist Stephen Bush.Have a question for the panel? We're planning a question and answer episode on Monday May 11. Email your questions to politicalfix@ft.comFollow Lucy on X: @LOS_Fisher, and Bluesky: @lucyfisher.ft.com; Jim @PickardJE and @pickardje.bsky.social; Stephen @stephenkb & @stephenkb.bsky.social and Jen: @JenWilliamsMEN and @jenwilliamsft.bsky.socialWant more? UK elections: Labour suffers heavy losses as Reform surgesFour things we learnt in the UK electionsScale of defeat should shake ‘big two' parties into serious actionKeir Starmer defies calls to quit after heavy Labour council lossesUK local and devolved elections: Hour-by-hour guide to key resultsIn Labour's bleak moment, Andy Burnham relishes his ownSign up here for Stephen Bush's morning newsletter Inside Politics for straight-talking insight into the stories that matter, plus puns and tongue (mostly) in cheek. Get 30 days free.Presented by Lucy Fisher. Produced by Clare Williamson. Manuela Saragosa is the executive producer. Original music and mix by Breen Turner. The broadcast engineers were Andrew Giorgiades and Petros Gioumpasis. Cheryl Brumley is the FT's global head of Audio.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
Between the Iran war, high gas prices, and wobbly jobs numbers, central bankers have plenty to worry about. But some see a light on the horizon: artificial intelligence. AI could lead to abundant production and lower prices, allowing the Fed to lower interest rates, and boost the economy – or so the theory goes. But how will we know if AI is boosting productivity? And what happens if the AI advocates promising an economic transformation are wrong? Soumaya is joined by Austan Goolsbee, head of the Chicago Federal Reserve, to discuss these questions and more. Soumaya and Austan also analyse how Fed chair nominee, Kevin Warsh, might change the central bank; and how Austan feels about Jay Powell's plans to stick around.The inaugural FT Weekend Festival in New York City is fast approaching, with a line-up featuring Paul Krugman, Martin Wolf, Gillian Tett, and plenty more. Join on Saturday, June 20, at Spring Studios or online. Register now and as a podcast listener, save 10% using our code FTPODCAST.Further reading:AI boom poised to be ‘massively disinflationary', Northern Trust saysUS economy grows at 2% pace in first quarter as AI boom fuels investment The real Greenspan lesson for Warsh on inflationProduced by Mischa Frankl-Duval with original music from Breen Turner and sound design by Sam Giovinco. The senior producers are Edwin Lane and Michela Tindera. The FT head of audio is Cheryl Brumley.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
US fuel exports have surged to a record level, and hedge funds had their best month since 2020. Plus, Samsung Electronics is locked in a feud with its workers over how to share the spoils of the AI-driven semiconductor boom, and LVMH is considering selling some of its iconic brands. Mentioned in this podcast:US fuel exports hit record in boon for oil companies and threat to TrumpLVMH goes from buyer to seller as luxury's winter drags onTech rally hands hedge funds biggest gains since 2020Samsung workers demand bigger slice of surging AI profitsNote: The FT does not use generative AI to voice its podcasts Today's FT News Briefing was hosted and edited by Marc Filippino, and produced by Katya Kumkova, Saffeya Ahmed, and Sonja Hutson. Our show was mixed by Kelly Garry. Additional help from Gavin Kallmann, Michael Lello and David da Silva. 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. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
Global oil reserves plunged at a record pace in April and the SEC said it was proposing to allow public companies to file earnings reports every six months. Plus, the US will start reviewing some AI models over national security concerns and HSBC's profits took a major hit from “fraud-related” exposure. Mentioned in this podcast:SEC moves to scrap quarterly reporting requirementGlobal oil reserves plunge at record pace as Middle East war strains suppliesHSBC profits hit by $400mn ‘fraud-related' exposureGoogle, xAI and Microsoft agree to US national security reviews of new AI modelsNote: The FT does not use generative AI to voice its podcasts Today's FT News Briefing was hosted and edited by Marc Filippino, and produced by Katya Kumkova, Saffeya Ahmed, Fiona Symon, and Sonja Hutson. Our show was mixed by Sam Giovinco. Additional help from Michael Lello and David da Silva. 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.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
Anthropic CEO Dario Amodei wants his AI lab to be a more safety conscious alternative to OpenAI. But Anthropic's business selling AI to enterprises is booming, and it's rolling out increasingly powerful models - the latest is claimed to be so dangerous it can't be released to the public. So can Anthropic win the battle of the AI labs and still claim to be the good guys of AI?Murad Ahmed speaks to Cristina Criddle, FT reporter in San Francisco covering AI, and John Thornhill, the FT's innovation editor.FT articles free to read: Anthropic's Mythos AI model tests limits of global cyber defencesAnthropic chief Dario Amodei: ‘I don't want AI turned on our own people'Anthropic's breakout moment: how Claude won business and shook marketsTech Tonic is hosted by Murad Ahmed and produced by Edwin Lane. Sound design by Breen Turner and Sam Giovinco. The FT's global head of audio is Cheryl Brumley.Tell us what you think of Tech Tonic! Complete this short survey and you'll get the chance to win a pair of Bose QuietComfort wireless headphones. Read the terms and conditions here.Read a transcript of this episode on FT.comPrize Draw winners' surnames and regions may be made available upon request, as required by the Advertising Standards Authority. If you do not want your information to be made available, please email Privacy.Officer@ft.com upon entry. For more information on your rights and how we use your data, please read our Privacy Policy. Hosted on Acast. See acast.com/privacy for more information.
The US and Iran traded fire in the Strait of Hormuz, and Anthropic formed a more than $1.5bn joint venture with Wall Street groups including Blackstone, Hellman & Friedman and Goldman Sachs. Plus, the FT's Anna Nicolaou explains whether Disney's chief executive can handle the latest challenge thrown by the Trump administration.Mentioned in this podcast:US to ‘guide' stranded ships out of Strait of Hormuz, says TrumpBlackstone and Goldman among backers for $1.5bn JV with AnthropicTrump vs Kimmel: inside Disney chief Josh D'Amaro's baptism of fire‘Plastic shock' hits Asia as Iran oil crisis strangles suppliesNote: The FT does not use generative AI to voice its podcasts Today's FT News Briefing was hosted and edited by Marc Filippino, and produced by Katya Kumkova and Saffeya Ahmed. 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. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
We tally the impact of war on industries around the globe as the conflict in Iran stretches into its third month. Plus, Britain braces for voters to deliver a potentially seismic change to the political system. And, though many industries are preparing to deal with shortages caused by the Strait of Hormuz closure, the US and Europe have a glut of milk.Mentioned in this podcast:Airlines slash flights as fuel shortage fears mountUAE fertiliser giant resorts to trucks to shift product out of GulfDetroit carmakers warn of $5bn commodities shock due to Iran warExxon and Chevron defy Trump pressure to boost oil productionOil market one month from crunch point as global stockpiles dwindleTrump's war in Iran leaves US with sharpest fuel shock in G7Political Fix: Labour braces for ballot box bloodbathThe land of milk and no money: UK farmers are in a fixNote: The FT does not use generative AI to voice its podcasts Today's FT News Briefing was hosted by Victoria Craig and produced by Marc Filippino and Saffeya Ahmed. Our show was mixed by Alex Higgins. Additional help from Peter Barber. 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. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
Apple delivered another quarter of strong sales growth driven by what the tech giant called its “most popular” iPhone model ever, and we explore how some of the world's biggest central banks are dealing with the energy shock from the Iran war. Plus, can Tinder win women back to its platform, and why the UK's local elections next week will be a big test for the Labour government. Mentioned in this podcast:Apple credits ‘most popular' ever iPhone for booming salesECB and BoE warn of rate rises as they grapple with Middle East shockCan Tinder win back women?What Labour's likely meltdown means for the UKNote: The FT does not use generative AI to voice its podcasts Today's FT News Briefing was hosted and edited by Marc Filippino, and produced by Victoria Craig, Fiona Symon, and Sonja Hutson. Our show was mixed by Sam Giovinco. Additional help from Gavin Kallmann, Michael Lello and David da Silva. 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. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
With just one week to go before voters across the UK deliver their verdict on Sir Keir Starmer's government – our panel discusses another agonising week for the PM, Labour's forecast devastation at the polls, and how No 10 can regroup in the aftermath. Other talking points include the momentum behind Reform UK and the Green party — and the hurdles that threaten to trip them up.Host Lucy Fisher is joined by deputy opinion editor Miranda Green, UK chief political commentator Robert Shrimsley and political columnist Stephen Bush. Follow: Lucy @LOS_Fisher or @lucyfisher.ft.com; Stephen @stephenkb & @stephenkb.bsky.social; Miranda @greenmiranda & @greenmirandahere.bsky.social and Robert @robertshrimsley and @robertshrimsley.bsky.socialWant more? What to expect in the May local electionsWhat Labour's likely meltdown means for the UKThe problematic inevitability of Andy BurnhamReform UK and Greens hit controversy on election trail Golders Green stabbing suspect was previously referred to Prevent Plus, send in your questions for a special Political Fix Q&A episode right after the local elections, on Monday May 11. Email: politicalfix@ft.comYou can also sign up here for Stephen Bush's morning newsletter Inside Politics for straight-talking insight into the stories that matter, plus puns and tongue (mostly) in cheek views. Get 30 days free.Political Fix is presented by Lucy Fisher and produced by Clare Williamson. The executive producer is Flo Phillips. Mixing and original music by Breen Turner. The FT's head of audio is Cheryl Brumley.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
Typically, a society's population remains stable if women have about 2.1 children each. By that metric, the word has a big problem. In developed countries the total fertility rate is well below that figure. So what are the economic consequences of that shortfall? Soumaya Keynes speaks to Melissa Kearney, a professor at the University of Notre Dame and the director of the Aspen Economic Strategy Group, which recently put out a series on the topic: Demographic Headwinds: The Economic Consequences of Lower Birth Rates and Longer Lives.They discuss why the fertility rate won't reverse course any time soon — and what happens when the rest of the baby boomers retire.Further reading: Why are fertility rates collapsing? Gender rolesCould working from home solve the global fertility crisis?Subscribe to Soumaya's show on Apple, Spotify, Pocket Casts or wherever you listen.Presented by Soumaya Keynes. Produced by Mischa Frankl-Duval. Michela Tindera is the senior producer. Original music and sound design by Breen Turner. The FT head of audio is Cheryl Brumley.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
Meta said it would boost its spending on AI this year, and Jay Powell says he will stay on as a Federal Reserve governor once his term as chair ends. Plus, the special relationship between the UK and US held up under intense pressure, and defence stocks are struggling despite the US and Israel's war in Iran. Oil jumps to almost $120 as Trump signals extended Hormuz stand-offFed chair nominee Kevin Warsh secures Senate committee approvalOil surge divides US central bank as Jay Powell's term at helm draws to a closeAmerica's special relationship is ‘probably Israel', says UK ambassador to USKing Charles defends transatlantic relationship in speech to CongressDefence stocks give back gains as investors buy rumour but sell warPolitical Fix podcastCredit: C-SPAN, Federal ReserveNote: The FT does not use generative AI to voice its podcasts Today's FT News Briefing was hosted and edited by Marc Filippino, and produced by Saffeya Ahmed, Victoria Craig, and Sonja Hutson. Our show was mixed by Sam Giovinco. Additional help from Gavin Kallmann, 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.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
Federal regulators launched a probe into all Disney-owned TV stations after a late-night comedian made a joke about First Lady Melania Trump, and emerging market stocks have recovered all of their losses from the early stages of the Iran war to hit an all-time high, and the United Arab Emirates is leaving Opec after 60 years. Plus, the FT's Bita Ghaffari in Tehran details life inside Iran's blackout that's been in place since the US and Israel attacked at the end of February. Mentioned in this podcast:Trump administration launches Disney probe after Jimmy Kimmel's Melania jokeEmerging market stocks hit record high as Asian chipmakers surgeUAE to leave Opec in blow to oil cartelLife inside Iran's internet blackoutCredit: Jimmy Kimmel Live!Note: The FT does not use generative AI to voice its podcasts Today's FT News Briefing was hosted and edited by Marc Filippino, and produced by Victoria Craig, Saffeya Ahmed, and Fiona Symon. Our show was mixed by Sam Giovinco. Additional help from Gavin Kallmann. 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.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
OpenAI, Anthropic, Google Deepmind, xAI and Meta - all of them are building models to push the frontiers of artificial intelligence, and all of them want to be the world's leading AI company. Who will come out on top?With the help of the FT's expert reporters, technology news editor Murad Ahmed explores the battles going on between Silicon Valley's frontier AI labs, and the personal rivalries driving them. Who will win out in the bitter rivalry between OpenAI and Anthropic? Can Elon Musk's xAI or Mark Zuckerberg's Meta catch up? Or is Google Deepmind destined to control our AI future? FT articles free to read: Anthropic's Mythos AI model tests limits of global cyber defencesOpenAI investors question $852bn valuation as strategy shiftsDeepMind chief Demis Hassabis warns AI investment looks ‘bubble-like'Meta releases first AI model since Zuckerberg's spending spreeHow Elon Musk's Grok spread sexual deepfakes and child exploitation imagesTech Tonic is hosted by Murad Ahmed and produced by Edwin Lane. Sound design by Breen Turner and Sam Giovinco. The FT's global head of audio is Cheryl Brumley. Hosted on Acast. See acast.com/privacy for more information.
The number of countries cutting energy taxes in response to the Iran war has doubled over the past month, and China blocked Meta's $2bn purchase of the AI group Manus. Plus, big private equity backers have raised concerns that some firms may be waving through controversial deals. Mentioned in this podcast:Energy tax cuts spread across 39 economies as prices jumpChina blocks Meta's $2bn purchase of AI group ManusPrivate equity backers raise new conflict concerns over sweetheart dealsNote: The FT does not use generative AI to voice its podcasts Today's FT News Briefing was hosted and edited by Marc Filippino, and produced by Saffeya Ahmed, Fiona Symon, and Sonja Hutson. Our show was mixed by Sam Giovinco. Additional help from Gavin Kallmann, Michael Lello and David da Silva. 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.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
Alleged Trump shooter is set to be charged in federal court Monday, Republican Senator Thom Tillis said he will allow confirmation of Fed nominee Kevin Warsh to proceed, and the world's leading central banks are widely expected to hold off on inflation-fighting interest rate rises this week. Plus, Anthropic's cybersecurity AI model could be so effective it actually backfires. Mentioned in this podcast:Alleged Trump shooter was targeting US officials, authorities sayUS prosecutors drop criminal probe into Federal Reserve chair Jay PowellLeading central banks play for time on interest rate risesAnthropic investigating unauthorised access of powerful Mythos AI modelNote: The FT does not use generative AI to voice its podcasts Today's FT News Briefing was hosted by Sonja Hutson and produced by Saffeya Ahmed and Julia Webster. Our show was mixed by Alex Higgins. Additional help from Peter Barber. 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. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
Meta will cut 10% of its staff next month, BP suffered a heavy defeat at its annual shareholder meeting, and the Paramount–Warner Brothers Discovery deal is one step closer to being sealed. Plus, the Trump family's crypto company is in hot water, and a US official is vying to get Italy into the football World Cup. Mentioned in this podcast:Meta to cut 10% of jobs to ‘offset' Mark Zuckerberg's AI spendingMicrosoft to offer 7% of US staff voluntary redundancy for the first timeBP suffers heavy defeat in investor climate voteCrypto billionaire Justin Sun sues Trump family's World Liberty FinancialWarner Bros shareholders approve $111bn Paramount dealTrump envoy seeks to replace Iran with Italy in football World CupNote: The FT does not use generative AI to voice its podcasts Today's FT News Briefing was hosted and edited by Marc Filippino, and produced by Saffeya Ahmed and Fiona Symon. Our show was mixed by Sam Giovinco. Additional help from Michela Tindera, Gavin Kallmann, and 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. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
The rolling drama over the appointment of Lord Peter Mandelson as US ambassador is eating the government alive, with more committee hearings coming next week and crucial elections for Labour on May 7. This week's host Miranda Green discusses the cost of the Mandelson saga for Sir Keir Starmer's premiership with deputy political editor Jim Pickard, political correspondent Anna Gross and public policy editor Chris Smyth. Plus, the panel debates Ed Miliband's electricity announcement, Reform's new plan for mass deportations, and a booming but dysfunctional market in business courses. Follow: Miranda:@greenmiranda and @greenmirandahere.bsky.social; Jim: @PickardJE and @pickardje.bsky.social, Anna: @AnnaSophieGross and annasophiegross.bsky.social Chris: @Smyth_Chris and @chris-smyth.bsky.socialWant more? Cabinet Office head says Olly Robbins refused to give her Mandelson vetting documentsStarmer's political woes deepen as Mandelson scandal saps his authority Sadiq Khan: Labour risks being ‘stonked' in London electionsBusiness degrees are booming in the UK. Who is profiting?How many people would Reform UK deport?Economic pessimism plagues UK youthEd Miliband unveils move to delink UK gas and electricity prices Plus, send in your questions for a special Political Fix Q&A episode right after the local elections on Monday May 11. Email: politicalfix@ft.comSign up here for Stephen Bush's morning newsletter Inside Politics for straight-talking insight into the stories that matter, plus puns and tongue (mostly) in cheek views. Get 30 days free.Political Fix is presented by Miranda Green and produced by Clare Williamson. The executive producers are Manuela Saragosa and Edwin Lane. Mixing and original music by Breen Turner. The FT's head of audio is Cheryl Brumley.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
Tesla's profits rebounded from last year's lows, Brent crude jumped back above $100 a barrel on Wednesday after Iran's navy said it seized two commercial ships in the Strait of Hormuz, and China's new trade rules have concerned businesses operating in the country. Plus, the FT's John Burn-Murdoch unpacks a survey that finds the highest-earning workers are adopting AI in their jobs far faster than others and Switzerland hit UBS with a proposed $20bn capital increase.Mentioned in this podcast:Tesla shares rally as profits rebound from last year's lowsTrump's ‘dirty ceasefire' tested as Iran hits shippingUS allies in Gulf and Asia have requested swap lines, Scott Bessent saysChina links tough new trade rules to Iran war and Panama port disputeHigh earners race ahead on AI as workplace divide widensSwitzerland hits UBS with proposed $20bn capital increaseCredit: ReutersNote: The FT does not use generative AI to voice its podcasts Today's FT News Briefing was hosted and edited by Marc Filippino, and produced by Saffeya Ahmed and Fiona Symon. 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.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
A few months ago, the oil market looked pretty serene. But the US-Iran war has upended global supplies and pushed energy security to the top of the policy agenda. Importers have realised they need to diversify their energy sources. What role will renewables have to play? And would a shift towards green energy just mean trading one bottleneck for another? Soumaya Keynes speaks to Daniel Yergin, vice-chair of S&P Global and author of the Pulitzer Prize-winning book ‘The Prize: The Epic Quest for Oil, Money, and Power'. Subscribe to Soumaya's show on Apple, Spotify, Pocket Casts or wherever you listen.Further reading: How to survive an energy crunchWill the Iran war derail the energy transition?Middle East war strengthens case for renewables, say clean energy expertsPresented by Soumaya Keynes. Produced by Mischa Frankl-Duval. The senior producer was Michela Tindera. Original music by Breen Turner. Sound design by Samantha Giovinco. The FT head of audio is Cheryl Brumley.Join FT journalists and a special guest on Wednesday 20 May at 1200 GMT for a subscriber webinar on The Dollar under Trump: markets, monetary policy and the next Fed chair. Register at ft.com/trump-dollar and send us your questionsRead a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
US President Donald Trump extended the ceasefire with Iran until talks conclude, and Federal Reserve chair nominee Kevin Warsh sidestepped accusations that he would succumb to pressure from Trump to cut interest rates. Plus, a sneak peek at a new FT podcast on the lessons to learn in the history of finance. Mentioned in this podcast:Can Trump finally make a nuclear deal with Iran?Kevin Warsh sidesteps questions over Donald Trump's influence on Fed rate policyIntroducing: The Story of MoneyCredit: C-SPAN Note: The FT does not use generative AI to voice its podcasts Today's FT News Briefing was hosted and edited by Marc Filippino, and produced by Saffeya Ahmed and Sonja Hutson. Our show was mixed by Sam Giovinco. Additional help from Gavin Kallmann and Michael. 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. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
Tim Cook will step down as Apple's chief executive in September, representatives for US President Donald Trump's ‘Board of Peace' held discussions with DP World about managing supply chains in Gaza, and UK Prime Minister Keir Starmer fended off calls for him to quit over the Peter Mandelson vetting affair. Plus, wealth advisers at banks and independent brokerages generated billions of dollars in fees by steering individual investors into private market funds.Mentioned in this podcast:Tim Cook to step aside as Apple chief executive in SeptemberDonald Trump's ‘Board of Peace' held talks with DP World over Gaza reconstructionKeir Starmer accused of scapegoating officials over Peter Mandelson scandalKeir Starmer was told to vet Peter Mandelson before appointing himWealth advisers made more than $2bn from private capital feesKevin Warsh: Trump's next fall guy at the Fed?Credit: UK Parliament Note: The FT does not use generative AI to voice its podcasts Today's FT News Briefing was hosted and edited by Marc Filippino, and produced by Saffeya Ahmed and Sonja Hutson. Our show was mixed by Sam Giovinco. Additional help from Gavin Kallmann, Michael Lello and David da Silva. 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.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's sending senior officials to Pakistan for new negotiations with Iran, the European Commission will encourage remote working and public transport subsidies to cut fossil fuel use, and FTSE 100 companies boosted chief executives' pay by almost a fifth in the past year. Plus, there's a new craze hitting Wall Street: super-charged tax-loss harvesting. Mentioned in this podcast:Donald Trump to send US officials to Pakistan for fresh peace talks with IranBrussels pushes remote working to ease energy crisisFTSE bosses receive 18% pay bump this year in global fight for talentThe tax-focused hedge fund craze taking over Wall StreetNote: The FT does not use generative AI to voice its podcasts Today's FT News Briefing was hosted by Sonja Hutson, and produced by Saffeya Ahmed and Victoria Craig. Our show was mixed by Alex Higgins. Additional help from Peter Barber. 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.
Global oil markets have faced historic disruption since the Iran war began in February. The FT's Jamie Smyth speaks with shale pioneer Scott Sheffield and his son Bryan about energy security and why the crisis could reshape the future for oil and gas. Mentioned in this podcast:Trump administration urges US oil bosses to increase drillingFracking pioneers look overseas as US shale revolution goes global ‘As big as Saudi Arabia': the Permian oilman who sold Pioneer to Exxon Note: The FT does not use generative AI to voice its podcasts This episode was hosted and produced by Michela Tindera. It was edited by Victoria Craig. Our show was mixed by Sam Giovinco. Additional help from Gavin Kallman. 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. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
President Donald Trump said Lebanon and Israel had agreed to a 10-day ceasefire, the US Treasury's status as the world's lowest-cost dollar borrower is facing a fresh challenge, and Netflix's chair and founder is stepping down. Plus, Iran secretly acquired a Chinese spy satellite that has helped it target US military bases across the Middle East during the war, and shares in the world's biggest chocolate maker aren't looking so sweet.Mentioned in this podcast:Israel and Lebanon agree 10-day ceasefire, Trump saysUS's status as lowest-cost dollar borrower challenged as investors shun Trump riskNetflix founder Reed Hastings to step down from boardIran used Chinese spy satellite to target US basesShares at world's biggest chocolate maker Barry Callebaut plunge as cocoa prices collapseCredit: BBCNote: The FT does not use generative AI to voice its podcasts Today's FT News Briefing was hosted by Sonja Hutson, and produced by Saffeya Ahmed, Victoria Craig, and Fiona Symon. Our show was mixed by Sam Giovinco. Additional help from Gavin Kallmann, David da Silva, and Michela Tindera. 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. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
It's not just the Trump administration attacking the UK's defence capabilities. Now a Labour grandee and former head of Nato, Lord George Robertson, has accused Sir Keir Starmer of ‘corrosive complacency' over delays to defence spending. With the 10-year plan for defence stuck in deadlock, host Lucy Fisher discusses the choices faced by the PM with chief political commentator Robert Shrimsley, deputy political editor Jim Pickard and political columnist and writer of the Inside Politics newsletter, Stephen Bush. Plus, they look ahead to country-wide elections in less than three weeks and hear about the developing story around the vetting of Lord Mandelson.NOTE: This episode was recorded on Thursday April 16.Follow Lucy: @LOS_Fisher and @lucyfisher.ft.com; Stephen: @stephenkb and @stephenkb.bsky.social; Jim: @PickardJE and @pickardje.bsky.social and Robert: @robertshrimsley and @robertshrimsley.bsky.socialWant more? Starmer accused of ‘corrosive complacency' on UK defence by former Nato chiefUK defence ministry left to foot £200mn bill for Ukraine missionRebuke by former Nato chief points to wider government inactionKeir Starmer plans May relaunch with King's Speech The great independence charadeForeign Office top civil servant forced out over Mandelson vetting fiascoNo scenario in latest Mandelson drama makes Keir Starmer look goodSign up here for Stephen's morning newsletter Inside Politics for straight-talking insight into the stories that matter, plus puns and tongue (mostly) in cheek views. Get 30 days free.Plus, send in your questions for a special Political Fix Q&A episode on May 11th. Email: politicalfix@ft.comPolitical Fix is presented by Lucy Fisher and produced by Clare Williamson. The executive producers are Manuela Saragosa and Edwin Lane. Audio mix and original music by Breen Turner. The FT's head of audio is Cheryl Brumley.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
Gulf monarchies raised almost $10bn in private sales of bonds this month, oil shortages are coming if the Strait of Hormuz stays closed, and US President Donald Trump has renewed his threat to fire Federal Reserve chair Jay Powell. Plus, a second China shock is hitting the global economy, and Allbirds is pivoting from wool sneakers to AI. Mentioned in this podcast:Gulf states turn to private deals in $10bn wartime borrowing spreeOil shortages are coming, and with them some difficult questionsTrump threatens to fire Jay Powell and refuses to halt criminal probeChina shock 2.0: the flood of high-tech goods that will change the worldAllbirds is turning into an AI compute provider, because of course it isNote: The FT does not use generative AI to voice its podcasts Today's FT News Briefing was hosted by Victoria Craig, and produced by Saffeya Ahmed, Fiona Simon and Sonja Hutson. Our show was mixed by Sam Giovinco. Additional help from Gavin Kallmann. 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.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
Ships are altering course as the US Navy's blockade of the Strait of Hormuz continues into its third day, and PwC plans to overhaul its global consulting business. Plus, insurers are turning to catastrophe bonds to cover data centres, and AI chatbots aren't a substitute for doctors when it comes to medical diagnoses. Mentioned in this podcast:Strait of Hormuz tankers stop or turn around amid US blockadeIran war could slow global growth to weakest since pandemic, IMF warnsUS pushing Iran to agree 20-year moratorium on nuclear activityPwC plans overhaul of global consulting businessInsurers turn to catastrophe bonds to offload data centre risksAI chatbots misdiagnose in over 80% of early medical cases, study findsNote: The FT does not use generative AI to voice its podcasts Today's FT News Briefing was hosted by Sonja Hutson, and produced by Saffeya Ahmed and Victoria Craig. Our show was mixed by Sam Giovinco. Additional help from Gavin Kallmann and 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. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
A key UK government official says Britain's leaders have shown a “corrosive complacency” towards defence, OpenAI's $852bn valuation is under increasing scrutiny from its own backers and fixed-income traders at Goldman Sachs suffered an unexpected drop in revenues at the start of 2026. Plus, the FT's Raya Jalabi explains how Lebanon has become a sticking point in US-Iran negotiations. Mentioned in this podcast:Starmer accused of ‘corrosive complacency' on UK defence by former Nato chiefOpenAI investors question $852bn valuation as strategy shiftsGoldman bond traders take shine off bumper quarterThe 10 minutes that set Lebanon ablazeNote: The FT does not use generative AI to voice its podcasts Today's FT News Briefing was hosted by Sonja Hutson, and produced by Saffeya Ahmed. 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. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
Hungary's prime minister Viktor Orbán concedes, US President Donald Trump says America will launch a naval blockade of the Strait of Hormuz after peace talks with Iran failed, and Wall Street banks are set to report trading revenues of more than $40bn for the first quarter. Plus, Meta is building an AI version of its CEO Mark Zuckerberg. Mentioned in this podcast:Hungary's Orbán concedes defeat as opposition heads for landslide winTrump announces naval blockade of Strait of Hormuz as Iran peace talks failFees for seas: a history of taxing waterwaysWall Street banks set to report $40bn trading haul as war rekindles volatilityMeta builds AI version of Mark Zuckerberg to interact with staffCredit: DWS News Note: The FT does not use generative AI to voice its podcasts Today's FT News Briefing was hosted by Victoria Craig, and produced by Saffeya Ahmed and Julia Webster. Our show was mixed by Alex Higgins. Additional help from Peter Barber. 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.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
Shipping through the Strait of Hormuz remains at a standstill, sales of used electric vehicles are surging in the US, and the International Monetary Fund is warning that the war's shocks will be felt by the global economy for a while. Plus, the FT's Marton Dunai gives a rundown of the upcoming Hungarian elections. Mentioned in this podcast:OECD urges governments to rapidly unwind costly fuel duty cutsRefineries rush to secure oil cargoes as Iran maintains grip on HormuzSales of used EVs surge in US as petrol prices pass $4 a gallonWho is Péter Magyar, Viktor Orbán's nemesis?Donald Trump and JD Vance back Viktor Orbán ahead of Hungary's electionCredit: AP Archive, C-SPAN, Reuters Note: The FT does not use generative AI to voice its podcasts Today's FT News Briefing was hosted by Victoria Craig, and produced by Saffeya Ahmed and Sonja Hutson. Our show was mixed by Sam Giovinco. Additional help from Gavin Kallmann. 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. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
The Middle East ceasefire is strained, the FT's Jamie Smyth explains how the uncertainty is hitting oil markets and Pakistan has become a mediator between the US and Iran. Plus, the data chief of the NHS has vowed to ignore controversy about Palantir while setting out plans to deeper embed the US company's technology.Mentioned in this podcast:Middle East ceasefire under pressure over Israeli strikes on LebanonSaudi Arabia's key east-west oil pipeline hit as Middle East energy attacks continueIran demands crypto fees for ships passing Hormuz during ceasefireWhite House pushed Pakistan to broker temporary Iran ceasefireNHS data chief pushes for deeper rollout of Palantir technology despite outcryNote: The FT does not use generative AI to voice its podcasts Today's FT News Briefing was hosted and edited by Marc Filippino, and produced by Saffeya Ahmed, Victoria Craig, and Sonja Hutson. Our show was mixed by Sam Giovinco. Additional help from Gavin Kallmann, and 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.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 would “suspend the bombing and attack of Iran for a period of two weeks” subject to Iran reopening the Strait of Hormuz, hedge funds made record bets against European stocks, Turkey has sold or loaned out $20bn of gold since the outbreak of the Iran war, and a project for a German warship has turned into a defence procurement disaster. Plus, four astronauts made a historic trip around the Moon.Mentioned in this podcast:Middle East live blogHedge funds make record bets against European stocksEurope's rearmament meets reality: the story of a failed frigate projectTurkey's gold sales deepen bullion slumpArtemis II astronauts head back to Earth after record-breaking Moon tripCredit: CNN, NBC New York Note: The FT does not use generative AI to voice its podcasts Today's FT News Briefing was hosted and edited by Marc Filippino, and produced by Saffeya Ahmed, Victoria Craig, and Sonja Hutson. Our show was mixed by Sam Giovinco. Additional help from Gavin Kallmann. 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. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
The US and Iran rejected each other's peace proposals, EU officials are urging governments to avoid excessive support to offset surging energy prices, and the value of buyouts by private equity groups fell by more than a third in the first quarter of the year. Plus, Cuba is offsetting power blackouts and shortages with the help of soaring imports of solar technology from China.Mentioned in this podcast:US and Iran reject each other's proposals to end warEU warns capitals against turning energy crunch into fiscal crisisPrivate equity buyouts slump as AI fears and war dent dealmakingPower-starved Cuba deepens reliance on Chinese solar techNote: The FT does not use generative AI to voice its podcasts Today's FT News Briefing was hosted and edited by Marc Filippino, and produced by Saffeya Ahmed and Sonja Hutson. Our show was mixed by Sam Giovinco. Additional help from Gavin Kallmann. 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.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
In a special edition of the FT News Briefing, reporter Guy Chazan explains the cost of US President Donald Trump's immigration crackdown. We hear from business owners and people affected by the policies in the Rio Grande Valley of south Texas.Mentioned in this podcast:The economic cost of Trump's migrant crackdownSources: White House, Fox, ABCNote: The FT does not use generative AI to voice its podcasts Today's FT News Briefing was hosted by Victoria Craig and produced by Marc Filippino. Our show was mixed by Alex Higgins. Additional help from Gavin Kallmann. 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. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
America's tariff regime affected all aspects of life from the global economy to the day-to-day of average business owners. In this special episode, the FT's US Economics Editor Claire Jones explains what changed, and what didn't, because of those tariffs. Mentioned in this podcast:Listen to the rest of our Liberation Day series Listen to Swamp Notes Note: The FT does not use generative AI to voice its podcasts Today's FT News Briefing was hosted and edited by Marc Filippino, and produced by Henry Larson. Our show was mixed by Kelly Garry. Additional help from Gavin Kallmann, Michael Lello and David da Silva. 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.