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...Sonja Hutson I’m Sonja Hutson and here’s the news you need to start your day. [MUSIC PLAYING] US inflation rose again last month for the second time in a row. It’s now sitting at 3.5 per cent....
...The bank reported that profits rose 28 per cent in the first quarter. That surpassed analysts’ estimates by almost $1bn....
...Sonja HutsonOh, wow. Very flashy. Jennifer HughesYes, it weighs a lot more than your average credit card. And following the launch, the share prices rose....
...Shares in the company rose as much as 5 per cent on Tuesday after the announcement....
...The chipmaker reported yesterday that its net income rose almost 800 per cent. Yeah, you heard that right — 800 per cent compared to the same quarter in the previous year....
...The inflation rate there rose from 2.3 per cent to 3.8....
...UK Prime Minister Rishi Sunak headed off a Conservative revolt over his flagship Rwanda migration bill, US core inflation rose last month, and the FT’s Sam Jones explains the downfall of Signa, one of Europe...
...Government data that came out yesterday showed prices rose by 3.2 per cent in July. That’s up from 3 per cent in June. I’m joined now by the FT’s Kate Duguid. She covers US capital markets. Hi, Kate....
...US consumer prices rose 3.1 per cent in the year to November, compared with 9.1 per cent in the 12 months to June 2022....
...What’s more, core inflation actually rose in April. UK bond markets did not like what they saw, and the yield on the two-year gilt skyrocketed....
...Try FT Edit now: https://on.ft.com/446sxYS The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino....
...Joe Leahy The strongest point was consumption, which rose very quickly during the quarter. We saw it reached in March at 10.6 per cent, which was the highest in two years....
...And then last year, this rose to 3.5mn. And Toyota thinks it’s gonna carry on rising. They’re projecting that in 2025 they’re gonna sell 5mn hybrid vehicles....
...“We are definitely not out of the danger zone yet,” said Sonja Laud, chief investment officer at Legal & General Investment Management....
...Diesel prices in Europe jumped almost 5 per cent after the announcement, and the cost of Brent crude oil rose 1 per cent....
...The FT News Briefing is produced by Kasia Broussalian, Sonja Hutson, Fiona Symon and me, Marc Filippino. Our engineer is Monica Lopez....
...There was good news, though. iPhone sales rose 2 per cent and the division that deals with the App Store and reoccurring digital subscriptions rose in line with forecasts....
...[MUSIC PLAYING] The FT News Briefing is produced by Sonja Hutson, Fiona Symon and me, Marc Filippino. Our engineer is Monica Lopez....
...The FT News Briefing is produced by Sonja Hutson, Fiona Symon and me, Marc Filippino. Our editor is Jess Smith....
...US consumer prices rose more than forecast in June, hitting an annual pace of 9.1 per cent, and investors are shunning 20-year US government bonds....
...The S&P 500 rose by 2.4% on Tuesday, Russia is threatening Lithuania over enforcing EU sanctions, and the global food shortage reignites the debate on using crops for biofuel....
...The dollar index, which tracks the US currency against six others and has a large euro weighting, rose 0.9 per cent to a fresh 20-year high....
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