Adam Posen Has a Warning on the Danger of Bid...

The White House wants gasoline prices to be lower, and it wants to see American oil companies drill for more oil. But of course, these ideas are in tension. If prices are going lower, why drill more? This tension has only grown sharper since the shale busts of the mid-2010s, as A ...  Show more

Everyone knows that new technologies can be really disruptive to the labor market, but eventually new jobs emerge and things come back into balance. And there is a sense in which many view AI with the same lens. Yes, there will be pain in some sectors, but then there will be prod ...  Show more

China’s property crisis has lurched into a perilous new phase — with significant implications for the world’s second-largest economy, according to Bloomberg News’ Alice Huang. The deepening distress hurts other industries and repels foreign investors, Huang says. In this episode ...  Show more

Will Bidenomics help the US Democrats win another term in office? Will the policies be effective in tackling the climate crisis? Adam Posen, president of the Peterson Institute for International Economics, thinks not. In the last in our series on Bidenomics, he tells Gideon wh ...

Today House Speaker Kevin McCarthy will give a speech at the New York Stock Exchange outlining his case for cutting spending in return for raising the debt limit. Plus, negotiations in Europe over Poland’s ban on imports of grain and other agriculture products. It’s yet another e ...  Show more

Your morning briefing, the business news you need in just 15 minutes.  On today's podcast: 1)   David Cameron’s appointment as British foreign secretary has provoked criticism of the former premier’s warm relationship with China, a closeness that is at odds with the current skept ...  Show more