Beijing’s new tech control strategy

US Federal Reserve chair Kevin Warsh will seek to soothe investors’ nerves at this week’s Jackson Hole symposium, Andy Burnham is headed to Ukraine for his first overseas trip as Britain’s prime minister, and Saudi Arabia held talks with London brokers for a state-backed war insu ...  Show more

Investors have warned that Treasury secretary Scott Bessent’s attempts to slash long-term US borrowing costs are doomed to fail, and European oil refinery capacity is set to shrink by a fifth over the next decade. Plus, Shanghai’s answer to the Nasdaq index is benefiting from an ...  Show more

Kara and Scott discuss the ongoing House speaker’s race, tech leaders dropping out of the Web Summit conference, and Google cutting news division jobs. Then, it’s a tough week for Goldman Sachs amidst profit declines. Will David Solomon giving up his DJ hobby help? Plus, X has be ...  Show more

Beijing’s sweeping regulatory crackdown on technology, education, food delivery and property sectors has sent shockwaves across global markets, driving Chinese markets down. Kyle Bass of Hayman Capital Management says it's 'unconscionable' for global fund managers to invest in Ch ...  Show more

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) China’s central bank lowered the interest rate charged on its one-year policy loans by the most on record, kicking off a sweeping program to revive confidence in the world’s second-large ...  Show more

Bloomberg's Tim Stenovec and Katie Greifeld discuss Meta's new political position as longtime Republican Joel Kaplan takes the helm as President of Global Affairs. And, what's next for TikTok as its ban deadline draws ever closer. Plus, China flexes its lithium dominance by plann ...  Show more