Trump to Declare 'Energy Emergency', Hostages Released & Hedge Fund Fees Slash Gains

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) US President-elect Donald Trump will sign close to 100 executive orders within hours of taking office, he says at a pre-inauguration dinner in Washington DC. (2) A long-delayed ceasefire in the Gaza war began taking hold as Hamas released three hostages on Sunday in exchange for 90 Palestinians held in Israeli prisons. (3) Donald Trump pledged to delay enforcement of a national security law that threatened to ban TikTok. Yet it’s not clear whether the app’s Chinese parent is able — or willing — to secure a US backer in time to avoid a permanent shutdown. (4) Hedge funds have long been regarded as notoriously expensive. New research reveals just how costly they truly are for their clients. (5) Asking prices for UK homes jumped by the most in over one-and-a-half years at the start of 2025, a sign of resilient confidence in the property market, according to Rightmove. See omnystudio.com/listener for privacy information.