Israel-Hamas War Resumes, A Looming US Recession & Cybertruck Deliveries

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Israel has resumed combat against Hamas in the Gaza Strip after a week-long truce between the two sides ended this morning. Israeli jets started striking Gaza soon after deadline passed (2) Bloomberg Economics believes typical signs of a recession started in October 2023. The baseline is that unemployment should increase persistently in 2024, approaching 5% by year-end – a mild recession by historical standards. (3) Rishi Sunak has pledged to spend £1.6 billion on climate projects, as the British premier arrives at the COP28 summit trying to show leaders the UK remains committed to the cause. (4) Britain ordered investigations into the proposed acquisition of the Telegraph newspaper by a vehicle backed by Abu Dhabi's Sheikh Mansour Bin Zayed Al Nahyan, in the latest twist in a battle to control the famed conservative media brand. (5) After two years of delays and production snags, Tesla has finally handed the first Blade Runner-esque Cybertrucks over to customers. Elon Musk delivered a handful of vehicles to their new owners Thursday. See omnystudio.com/listener for privacy information.