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FT News Briefing

US inflation finally takes a breather

Thu, 11 Aug 2022

Description

US stocks rallied after the latest US inflation report showed price rises slowed in July, Disney beat analyst expectations and added 15mn subscribers to its Disney+ streaming service, and social media companies want livestreams to be the future of shopping. Mentioned in this podcast:Disney’s streaming business defies industry gloomUS inflation eased slightly in July on lower petrol pricesUS stocks and bonds rally after lower than forecast inflation dataSocial media’s big bet: the shopping revolution will be livestreamedUnhedged: Markets, Finance and strong opinions  The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

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