Your morning briefing, the business news you need in just 15 minutes.

On today's podcast:

(1) Donald Trump delivered his first public address since surviving a failed assassination attempt, relating an incident in detail that he called "too painful to tell."

(2) President Joe Biden's grasp on the Democratic presidential nomination appeared to be slipping Thursday, as he weighed increasingly public warnings from his party's top lawmakers while in isolation for a Covid-19 infection at his Delaware beach house.

(3) For more than two years, inflation has eclipsed everything else at the Federal Reserve. In a shift eagerly awaited by global markets, that's poised to change.

(4) Chancellor of the Exchequer Rachel Reeves warned "difficult decisions" lie ahead as she tries to fix Britain's public finances, raising the prospect of tax hikes or spending cuts in her first Budget in the autumn.

(5) Englishman Daniel Brown is the surprise clubhouse leader going into the second round of the Open Championship golf. He's on 6-under par at Royal Troon, a stroke clear of 2019 winner Shane Lowry.