Investors sold off tech stocks, and Republican lawmakers cite price increases to argue against higher US debt limit

Read a transcript of this episode on FT.com

https://www-ft-com.newman.richmond.edu/content/6cd13eb2-0ab7-40a5-816f-43e963a3ce05


The government bond sell-off that began last week on the prospect of higher interest rates ricocheted into the $51tn US stock market on Tuesday, weighing heavily on technology stocks, and Treasury secretary Janet Yellen warned that the US risks running out of money by October 18. Plus, the FT’s Ryan McMorrow chats about China’s latest crackdown on cryptocurrency trading and whether exchanges are cooperating.


Janet Yellen warns US risks running out of money by October 18

https://www-ft-com.newman.richmond.edu/content/dc589573-0284-409e-a3df-9a4b102569ac


US stocks suffer biggest loss since May as bond sell-off hits tech sector

https://www-ft-com.newman.richmond.edu/content/7541c364-736b-488b-a793-7ba5cf517f49


Oil prices rise above $80 a barrel for first time in three years

https://www-ft-com.newman.richmond.edu/content/14d4980b-8163-4359-bc4a-fb2b7f7d2c27


Cryptocurrency exchanges start cutting off Chinese users

https://www-ft-com.newman.richmond.edu/content/9c42c660-7e80-47c2-8b3b-3398c6a22eaf


The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Gavin Kallmann, Michael Bruning, and Persis Love. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley. 



See acast.com/privacy for privacy and opt-out information.

Transcripts are not currently available for all podcasts, view our accessibility guide.

Get alerts on FT News Briefing when a new story is published

Copyright The Financial Times Limited 2021. All rights reserved.
Reuse this content (opens in new window) CommentsJump to comments section

Comments have not been enabled for this article.