China’s start-up winter is here

China’s start-up winter is here

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US Supreme Court blocks firing of Fed governor

The US Supreme Court blocked President Donald Trump from firing Federal Reserve governor Lisa Cook, and investors are pivoting from the Magnificent Seven Big Tech stocks. Plus, foreign investors are worried the Japanese government is in danger of backsliding on corporate reforms. ...  Show more

AI wakes up the sleepy US power sector

The AI boom is fuelling a record surge in dealmaking in the US power and utility industry, and UK prime minister-in-waiting Andy Burnham will on Monday pledge to deliver “good growth in every postcode” of the UK. Plus, the US-Mexico-Canada trade agreement expires on Wednesday. Me ...  Show more

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What’s up with the US economy? With Austan Goolsbee
The Economics Show

Austan Goolsbee, president of the Federal Reserve Bank of Chicago and a voter on the Fed’s interest rate-setting committee, speaks to the FT’s economics commentator Chris Giles about the outlook for the US economy amid a boom in AI investment, sluggish hiring, President Donald Tr ...  Show more

Britain: a beacon of economic stability?
Political Fix

The countdown is on: Chancellor Rachel Reeves has just six weeks to finalise her Autumn Budget before the November 26 deadline. This week, she was in Washington DC for the annual meeting of the IMF, where she hinted at tax rises for the rich, while pinning some blame for Britain’ ...  Show more

China's weakening economy in two Indicators
Planet Money

In China, data on the economy is sometimes difficult to come by. The Chinese government has put a pause on releasing some of its official economic data. But many of the stories emerging from the country paint a clear picture: the second largest economy in the world is struggling. ...  Show more

Lawmakers Call For Epstein Files, Trump's Crypto Token, China's Military Parade
Up First from NPR

Members of Congress are trying to force a vote to make the Trump administration release more of the Epstein files. The cryptocurrency World Liberty Financial co-founded by the President and his sons started trading publicly this week. And, China held a military parade to commemor ...  Show more