ECB Uncertainty, Putin NATO Threat & OpenAI Launches 'Strawberry'

ECB Uncertainty, Putin NATO Threat & OpenAI Launches 'Strawberry'

Your morning briefing, the business news you need in just 15 minutes.

On today's podcast:

(1) Clues on when the European Central Bank will next cut interest rates were in short supply on Thursday, with President Christine Lagarde and colleagues awaiting data on how drastically the economy is deteriorating — and how that will shift inflation.

(2) The US and UK governments are discussing allowing Ukraine to deploy British cruise missiles backed by US navigational data to conduct long-range strikes inside Russian territory, according to people familiar with the matter.

(3) The Bank of England's former Chief Economist -- Andy Haldane -- says the Chancellor's claim of a 22-billion pound 'black hole' in government finances is 'unnecessary, unhelpful' and a 'bad' idea.

(4) Republican Donald Trump ruled out appearing at another debate with Democrat Kamala Harris two days after he delivered an uneven performance at their first showdown of the election cycle.

(5) OpenAI is releasing a new artificial intelligence model known internally as “Strawberry” that can perform some human-like reasoning tasks, as it looks to stay at the top of a crowded market of rivals.

See omnystudio.com/listener for privacy information.

Episoder(1045)

An Interview With The UK's Deputy PM & Deutsche Bank Trading Revenue Drops

An Interview With The UK's Deputy PM & Deutsche Bank Trading Revenue Drops

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) The UK's Deputy Prime Minister tells us the government won't be distracted by Johnson. (2) The European Ce...

16 Jun 202317min

Fed Pauses, PBOC Cuts, ECB To Hike, Plus Another London IPO Scrapped

Fed Pauses, PBOC Cuts, ECB To Hike, Plus Another London IPO Scrapped

Your morning briefing, the business news you need in just 15 minutes. On today's podcast:(1) China's central bank ramps up rate cuts as the economy weakens. (2) Jerome Powell says there is near consen...

15 Jun 202316min

UPDATE: UK GDP Goes Back To The Future & Bailey Warns Of Labor Hoarding

UPDATE: UK GDP Goes Back To The Future & Bailey Warns Of Labor Hoarding

Your morning briefing, the business news you need in just 15 minutes. On today's podcast:(1) UK GDP finally exceeds pre pandemic levels for the first time (2) The BOE Governor laments slowly cooling i...

14 Jun 202316min

The Fed Prepares For A Pause & Bailey Warns Of Labor Hoarding

The Fed Prepares For A Pause & Bailey Warns Of Labor Hoarding

Your morning briefing, the business news you need in just 15 minutes. On today's podcast:(1) The Fed prepares for a pause, but have rates also peaked. (2) The Bank of England Governor laments slowly c...

14 Jun 202317min

UPDATE: Wages Surge As Unemployment Drops & The CEO of SVB UK

UPDATE: Wages Surge As Unemployment Drops & The CEO of SVB UK

Your morning briefing, the business news you need in just 15 minutes. On today's podcast:(1) Unemployment unexpectedly drops as wages surge, creating another headache for the BOE. (2) Silicon Valley B...

13 Jun 202316min

Barclays CEO on Top Bankers Exodus & ARM Looks To Get A Leg Up

Barclays CEO on Top Bankers Exodus & ARM Looks To Get A Leg Up

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) The boss of Barclays tells us an exodus of top bankers was driven by a decision to refocus the business. (...

13 Jun 202316min

Britain Adrift Interview: Martha Lane Fox on a People's Crisis

Britain Adrift Interview: Martha Lane Fox on a People's Crisis

Some of the world's biggest companies are highlighting the deteriorating investment climate in the UK. An investigation by the Bloomberg has found business leaders believe the government has failed to...

12 Jun 20235min

Britain Adrift Interview: Archie Norman on a Missing Industrial Strategy

Britain Adrift Interview: Archie Norman on a Missing Industrial Strategy

Some of the world's biggest companies are highlighting the deteriorating investment climate in the UK. An investigation by the Bloomberg has found business leaders believe the government has failed to...

12 Jun 20236min

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