Elon Musk is looking to inject $5bn into an AI start-up, and Venezuela’s election on Sunday will decide whether Nicolás Maduro will stay in office for more than a decade. Plus, the FT’s Simon Kuper explains how big infrastructure updates in Paris might shake up the cultural and political boundaries of the city. Mentioned in this podcast: Elon Musk to seek Tesla board approval for $5bn injection into xAI start-up  Venezuela’s opposition bets Maduro has miscalculated this time  Paris, the Olympics and the reinvention of a city  The FT News Briefing is produced by Fiona Symon, So ..read more

Biden says it’s time to ‘pass on the torch’, China and the Philippines struck a deal to reduce tensions in the South China Sea, and the Nasdaq composite fell 3.6 per cent yesterday. Plus, the FT’s Chris Kay explains how young investors are gambling on Indian stocks. Mentioned in this podcast: The flashpoints that threaten a détente between China and the Philippines  Beijing and Manila strike deal to reduce tensions in South China Sea  US stocks sink after Big Tech earnings disappoint    The young investors gambling on Indian stocks  Credit: ABC NEWS  The FT ..read more

Tesla’s net income fell by 45 per cent, investors think Donald Trump will be back in the White House, and the director of the US Secret Service resigned after an operational failure. Plus, the FT’s Jennifer Hughes talks about investors betting on politics in prediction markets.  Mentioned in this podcast: Tesla misses profit estimates as electric vehicle deliveries slow Prediction markets tipped for new growth as US trader interest mounts  US Secret Service head resigns over Donald Trump assassination attempt  Markets reassess ‘Trump trades’ after Joe Biden withdraws from race ..read more

The US Congress interrogated its Secret Service chief yesterday, and Kamala Harris is gearing up her prospective presidential campaign. Plus, the FT’s Christian Davies explains how Samsung’s labour crisis is complicating its efforts to capitalise on a booming market for semiconductors.   Mentioned in this podcast: US Secret Service chief says Donald Trump shooting worst ‘failure’ in decades  What do we know about Kamala Harris’s chances against Donald Trump?  Samsung’s ‘chip crisis’: AI ambitions hit by unprecedented worker unrest  Luxury brands roll out 50% discounts ..read more

US President Joe Biden has abandoned his re-election bid following overwhelming pressure from fellow Democrats, and India’s prime minister Narendra Modi faces an early test to his third term in office. Plus, the UK’s new chancellor, Rachel Reeves, will present a fiscal statement to parliament later this month.  Mentioned in this podcast: Joe Biden drops out of 2024 US presidential election race and endorses Kamala Harris Labour’s moment to blame, borrow and tax India’s Narendra Modi faces budget demands from ‘kingmaker’ allies  The FT News Briefing is produced by Fiona Symon, Sonja ..read more

Donald Trump formally accepted the Republican party nomination for president. HSBC’s new chief executive, Georges Elhedery, will face a unique set of challenges while transitioning into the role, and the European Central Bank decided to keep interest rates unchanged yesterday. Plus, the FT’s Clive Cookson talks about the revival of the space race. Credit: NASA, BBC, NDTV, Global News Mentioned in this podcast: Donald Trump recounts near death by gunman in speech to Republican convention Can HSBC’s new chief finish what Noel Quinn started?  ECB keeps interest rate at 3.75%  What do w ..read more

Chip stocks dipped yesterday after Trump’s comments rattled investors, the EU spoke up against Viktor Orbán’s recent travels, and a bid to force Amazon to recognise a union failed in the UK. Plus, the FT’s Madhumita Murgia explains what Yandex’s move into Europe signifies.  Mentioned in this podcast: Chip stocks tumble as Trump comments rattle investors  Donald Trump has ‘well-founded plans’ for Russia-Ukraine peace talks, Viktor Orbán claims  Amazon beats back union bid for UK recognition  Yandex founder to build AI business in Europe after Russia exit  The FT News ..read more

Donald Trump announced Ohio senator JD Vance as his vice-presidential nominee yesterday, and a US judge dismissed a criminal case over the former president’s handling of classified documents. Plus, the FT’s Mehul Srivastava explains why the Gaza pier built by the US hasn’t been as effective as intended.  Mentioned in this podcast: Donald Trump picks Ohio senator JD Vance as 2024 running mate  Judge dismisses classified documents case against Donald Trump How the US’s $230mn Gaza pier became a ‘colossal failure’  The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Ka ..read more

The US Congress launches a probe into ‘inexcusable’ security failings following the Pennsylvania rally shooting, and workers at an Amazon warehouse in the UK await results from a union ballot. Plus, the UK’s home building ambitions might be a bit of a slog. Credit: AP  Mentioned in this podcast: Trump calls for unity in face of ‘evil’ after surviving assassination attempt Donald Trump injured in attempted assassination at Pennsylvania rally Housebuilders warn construction lag could weigh on Labour housing Amazon launches anti-union charm offensive ahead of UK workers’ vote Survey l ..read more

As president, Donald Trump appointed three conservative justices to the Supreme Court and hundreds of conservative judges to benches across the judicial branch. These justices and judges have handed down several controversial decisions that have reshaped important aspects of American life. The FT’s US legal and enforcement correspondent, Stefania Palma, and professor of presidential studies at the University of Virginia, Barbara Perry, join this week’s Swamp Notes to discuss where the conservative legal movement is going next.  Mentioned in this podcast: US Supreme Court deals blow to ag ..read more