Your morning briefing, the business news you need in just 15 minutes.
On today's podcast:
(1) China's once-top builder turns into a penny stock as Biden calls the country's economy a "ticking time bomb".
(2) 35,000 tiny Chinese hedge funds could close under new regulations.
(3) UBS ends it's $10bn Credit Suisse loss protection agreement with the Swiss government.
(4) US inflation data leads the Fed's rate setters to favor another hold.

Strait Shutdown Oil Shock, Big Tech’s Big Job Cuts, Italy’s Stock Buying Fear
21:32

Oil Back Above $100, Tesla’s $25B Robot Bet, Drugs Kept From Europe
18:02

Indefinite Truce Extension, Europe’s Energy Pain, Audi Loses China Edge
21:05