Stock indices get a case of the Mondays

The IMF is warning that the world’s leading economies need to take “urgent” action to rebuild their public finances, Pakistan is stuck in a tricky place as its ally Saudi Arabia fights off the Houthis, and Mark Zuckerberg says Meta has caught up with rivals at the “frontier” of A ...  Show more

The Iran-backed Houthis have struck Riyadh airport in Saudi Arabia multiple times this week, US president Donald Trump claims an “energy ceasefire” between Russia and Ukraine, and AI companies are pulling back new debt issuance. Plus, US bank earnings this week suggest the good t ...  Show more

There are warnings inflation will continue to soar around the world, despite the US and UK increasing interest rates. Stock markets have reacted by falling - the Nasdaq has had its worst day for two years. The Philippines are gearing up for hotly contested elections this weeke ...

On Monday, markets around the world agreed to go into a tailspin. Today on the show, Rob Armstrong and guest Nick Megaw try to figure out what drove it all. They cover unemployment, manufacturing, the Japanese carry trade, the Magnificent Seven, and the foolishness of the reta ...

Every major U.S. stock market plunged on Monday, wiping out billions of dollars in value.

Jeanna Smialek, who covers the U.S. economy for The Times, discusses what was behind the dizzying sell-off — and what it can tell us about whether America is headed for a recession. ...

The British pound hit a record low against the U.S. dollar on Monday. We discuss the economic plan by new U.K. Prime Minister Liz Truss that sent the currency tumbling, and how international markets are responding.

Nearly complete results from Italy’s election showed a c ...