Biden Confuses Harris for Trump, Plot To Kill Defense CEO & France's Fiscal Burden

Biden Confuses Harris for Trump, Plot To Kill Defense CEO & France's Fiscal Burden

By Bloomberg

Your morning briefing, the business news you need in just 15 minutes.

On today's podcast: 

(1) President Joe Biden vowed he would remain in the 2024 presidential race, but two critical mistakes in the span of two hours deepened concerns about his mental acuity that threaten his campaign.

(2)  US and German security services foiled a Russian plot to assassinate the chief executive officer of Rheinmetall AG, a German arms manufacturer producing weapons for Ukraine, people familiar with the matter said.

(3) - President Emmanuel Macron sought to convince fellow NATO leaders in Washington this week that the political turmoil in France wouldn't affect his ability to support the military alliance's goals, particularly when it comes to Ukraine.

(4) Federal Reserve Bank of Chicago President Austan Goolsbee described the latest inflation data as "excellent," adding the figures provided the evidence he's been waiting for to be confident the central bank is on a path to its 2% goal.

(5) The UK's Labour Party was propelled to a landslide victory in last week's general election by voters with mortgages, a new study shows, suggesting a desire for change among homeowners who are facing higher borrowing costs. 

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