Wednesday, July 31

FT News Briefing

Forhecz Topher

News, Daily News, News & Politics

4.4 • 1.3K Ratings

🗓️ 31 July 2019

⏱️ 11 minutes

🔗️ Recording | iTunes | RSS

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Summary

The Federal Reserve is expected to announce the first cut in US interest rates since the global financial crisis, Apple delivers upbeat guidance for the rest of 2019 despite shrinking iPhone sales and new data shows that investors have flooded into Saudi stocks this year. Plus, Chris Giles, the FT’s economics editor, explains how Russia is using technology to record and tax real-time transactions.

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Transcript

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0:00.0	The UK's energy partner.
0:06.0	Learn more at equinore.
0:10.0	Good morning from the newsroom of the Financial Times.
0:12.0	Today is Wednesday, July 31st. Good morning from the newsroom of the Financial Times.
0:12.7	Today is Wednesday, July 31st,
0:15.4	and this is your FT news briefing.
0:19.1	The Federal Reserve is expected to announce
0:21.3	the first cut in US interest rates in more than a decade.
0:25.0	Apple delivered a strong outlook for the rest of 2019 despite shrinking iPhone sales.
0:31.0	And investors have flooded into Saudi stocks this year.
0:35.0	Plus the F.T.'s Chris Giles explains how the Russian government is trying to stop fraud and
0:47.0	here's the news you need to start your day.
0:50.0	Despite the
0:53.5	U.S. economy is experiencing its longest running growth streak since at least 1854,
0:59.0	Federal Reserve Chairman Jay Powell is widely expected to
1:03.0	today the first cut in US interest rates since the
1:06.6	global financial crisis.
1:09.0	It seems that Mr Powell is taking preventative actions
1:11.8	against a weakening global economic outlook and rising trade
1:15.0	tensions between the U.S. and China.
1:17.9	Just yesterday, President Donald Trump criticized China's handling of the trade talks
1:22.2	with the US.
	...

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