Prime money markets funds are in trouble

A Democratic-controlled Congress may struggle to ease cost of living pressures and Middle East diplomats warn that renewed conflict between the US and Iran would be even more damaging than previous rounds of fighting. Serbia shuts down a bank favoured by Russians as it enters a n ...  Show more

As Americans prepare to vote in the November 3 midterm elections, the FT’s chief economics commentator Martin Wolf asks what the result will mean for Donald Trump, the future of US democracy and America's place in the world. In the third of a six-part series, Martin speaks to pol ...  Show more

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) The heads of Wall Street's biggest banks took their most direct swing yet at Washington's plans to force them to set aside more cash as a buffer against losses. (2)  Senate Republicans b ...  Show more

The banking team has the latest on Russia where the central bank hiked interest rates in response to falls in the Rouble and the stock market amid fears of international sanctions against the country. Also on this week's show is un update on restructuring at RBS, where Ross McEwa ...  Show more

Bloomberg Businessweek Editor Joel Weber and Bloomberg News Personal Finance Editor Ben Steverman talk about Ben's magazine story Cathie Wood’s Bad Spring Is a Blip When Future Is So Magnificent. Bloomberg News Finance Reporter Sri Natarajan explains the Department of Justice pla ...  Show more