FT News Briefing

Explore the shifting dynamics of U.S. stock exchanges as they pursue new company listings amid declining Chinese investments. Discover Turkey's efforts to stabilize its lira through a new savings scheme, despite ongoing inflation concerns. Dive into the challenges faced by Black entrepreneurs in securing affordable loans, revealing biases in lending practices. Learn about the vital role of Community Development Financial Institutions and the funding disparities they encounter while helping minority-owned businesses thrive.

U.S. holiday shopping is being disrupted by 'Grinch bots' snatching up popular gifts. Meanwhile, Chinese tech firm SenseTime is revamping its IPO with state support after facing U.S. sanctions. In Chile, former student leader Gabriel Boric's election signals a left-leaning shift, raising hopes for reforms in response to widespread social discontent. Voter sentiment is changing, pushing for alternatives to the private pension system. Lastly, as cities adapt post-pandemic, micro-mobility solutions like e-scooters are gaining traction.

U.S. political tensions rise as Joe Manchin rejects Biden's social spending bill, causing ripples in Congress. European countries tighten restrictions to combat the Omicron variant. Uniquely, the concept of the yield curve is explored through music, making complex economic signals more accessible. The yield curve's ability to predict recessions is highlighted, with past examples demonstrating its critical role in forecasting economic downturns. Tune in for a blend of politics, health updates, and innovative financial insights.

In this lively discussion, Matt Vella, editor of FT Weekend, and pop critic Ludovic Hunter-Tilney explore cultural predictions for 2022. They delve into nostalgic topics, like whether Britney will release a life documentary and if flip phones will make a comeback. Ludovic also shares tips on crafting the perfect holiday playlist, highlighting standout albums and music trends. Their humorous take on the interplay between nostalgia and modern connections gives insight into upcoming cultural shifts.

Tensions rise as the Bank of England unexpectedly hikes interest rates for the first time in three years, shocking investors amid inflation fears tied to the Omicron variant. Meanwhile, Americans scramble for vaccine boosters, highlighting challenges in distribution. The show also discusses the public listing of TPG and its implications for private equity, alongside UEFA's efforts to support European soccer clubs facing financial strain due to the pandemic.

The Federal Reserve is set to raise interest rates three times next year to tackle inflation. Investors are flocking to inflation-linked assets like treasury bonds and REITs, anticipating continued price rises. Meanwhile, a shocking money laundering case involving garbage bags full of cash unfolds, revealing serious banking negligence. Also, a brewing legal battle sees a British retailer suing a German competitor over alleged copycat Christmas gin products. It's a mix of finance, legal drama, and retail rivalry!

The discussion highlights the Federal Reserve's upcoming rate hikes and its strategy to curb inflation. It also critiques misleading crypto advertising and its impact on companies like Coinbase. Cathie Wood’s bold bets on disruptive tech face new scrutiny as interest rates rise, revealing the risks of her high-stakes investment approach. The conversation delves into her unique influence on retail investors and the challenges her funds now encounter amidst market volatility.

The podcast dives into a fierce internal conflict at JPMorgan, sparked by a senior banker’s battle to retain wealthy clients. The controversy revolves around alleged poaching and the shifting dynamics within the bank. In a related discussion, Apple faces a serious investigation for allegedly retaliating against a whistleblower. The dialogue also touches on European gas prices rising due to regulatory concerns and Harley-Davidson’s strategic shift to spin off its electric motorcycle division.

The podcast dives into the soaring costs of air freight and the challenges faced by gig economy workers dealing with algorithmic misidentification. It highlights Shein's rapid ascent to the top of fast fashion, leveraging social media to engage young shoppers while raising ethical and environmental questions. Additionally, the discussion touches on Shein's competitive strategies and the troubling pay gaps between executives and employees, reflecting broader issues within corporate America.

Frederick Studemann, the literary editor at the Financial Times, brings us into the newspaper’s secret book vault, showcasing the excitement of discovering unreleased titles. He shares insights on the selection process for the best books of the year, highlighting climate change narratives like 'The Hydrogen Revolution'. Additionally, he reveals compelling recommendations, including 'Empire of Pain' about the opioid crisis. This engaging conversation leaves listeners with a rich reading list that spans diverse themes and genres.