Your morning briefing, the business news you need in just 15 minutes.
On today's podcast:

(1) Oil jumped following a CNN report that new US intelligence suggests Israel is preparing for a potential strike on Iranian nuclear facilities.

(2) European and UK officials ratcheted up pressure on Israel over its latest offensive in Gaza, expanding the international outcry over the humanitarian crisis caused by the conflict.

(3) Canadian Finance Minister Francois-Philippe Champagne said Group of Seven countries have started discussing tariffs on oversupplied, low-value Chinese products.

(4) Elon Musk said he’s committed to still leading Tesla five years from now and expects to pare back his political spending, assuaging some investors’ concerns about the future of his most valuable company.

(5) UK Chancellor of the Exchequer Rachel Reeves will hold talks with US Treasury Secretary Scott Bessent this week, as the two countries continue to finalize the details of an agreement to cut tariffs imposed by President Donald Trump’s administration.

Podcast Conversation: Start Your Day Like a Boss: What CEOs Listen To on Their Commutes

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

On today's podcast:

(1) After two hours talking with Putin, Trump said on social media that Ukraine and Russia would “immediately start negotiations” toward a ceasefire — but possibly without the US. There was no sanctions threat, no demand for a time-line, and no pressure on the Russian leader.

(2) Prime Minister Keir Starmer heralded a “landmark deal” between the UK and the European Union on Monday that he billed as a reset moment for relations under his government. Still, with many details unresolved, Brexit never quite seems to be over.

(3) Israel will take over the entire Gaza Strip, Prime Minister Benjamin Netanyahu said on Monday, as the military announced it would carry out an “unprecedented attack” on Hamas.

(4) The Bank of England is considering ways to loosen post-crisis rules that forced banks to separate their retail and investment banking arms after a number of UK lenders called for the regime’s removal.

(5) Washington lawmakers are risking a “fiscal disaster” if a recession hits as they plow on with their package of sweeping tax cuts, according to Guggenheim Securities Co-Chair Jim Millstein.

(6) JPMorgan Chase Chief Executive Officer Jamie Dimon warned against complacency in the face of a slew of risks, citing everything from inflation and credit spreads to geopolitics.

Podcast Conversation: Nine Travel Products That Will Make Summer Vacation a Breeze

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Your morning briefing, the business news you need in just 15 minutes.
On today's podcast:

(1) UK and European Union negotiators worked into Sunday evening in a bid to reset post-Brexit relations under Keir Starmer’s new Labour government ahead of a summit in London.

(2) Investors faced yet another bumpy start to the trading week with US assets coming under fresh pressure, although it’s mounting concern over American debt rather than tariffs generating the volatility this time.

(3) Vladimir Putin believes he has a strong hand ahead of a phone call Monday with Donald Trump and European leaders are trying to prevent the US president from rushing through a deal.

(4) A rising number of Americans are exploring a move overseas to escape the tumult of Donald Trump’s administration. But those looking to Europe are seeing their options narrow by the day.

(5) Former US President Joe Biden has been diagnosed with an aggressive form of prostate cancer, his office announced.

(6) Scottie Scheffler has pulled away to win the PGA Championship for a third major title.

Podcast Conversation: London's Alfresco Dining Revival Has One Obstacle: Londoners and When Your Favorite Restaurant Becomes a Statistic

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