French Government Collapse Threat, US-China Chip Curbs & Europe Preps For New Cold War -

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) France’s banking stocks slid as a potential government collapse and deepening political crisis unsettled investors. (2) The Biden administration is weighing additional curbs on sales of semiconductor equipment and AI memory chips to China that would escalate the US crackdown on Beijing’s tech ambitions but stop short of some stricter measures previously considered, according to people familiar with the matter. (3) The Federal Reserve’s preferred measure of underlying inflation accelerated in October from a year ago, helping explain policymakers’ more cautious approach to lowering interest rates. (4) Black graduates face racial discrimination when applying for jobs in financial, professional and legal sectors in the UK, new research shows, even as companies say they are committed to tackling underrepresentation of minorities at work. (5) Finland and Sweden have launched initiatives to prepare citizens for potential crises, including war, natural disasters, and cyberattacks. See omnystudio.com/listener for privacy information.