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.

Bond Selloff Accelerates, OpenAI Weighs Slowdown, Dutch Village Demolition Fight
22:47

Soaring BOE & ECB Hike Bets, iPhone ‘Duo’ Revealed, Power Eludes Sweden’s Populist
21:53

Bessent Dares Traders, Oil Tankers Blown Up, Sugar Mills Survival Battle
21:15