Milei's China Shift, US Jobs Outlook & Oil Tops $90

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

On today's podcast:
 
(1) Speaking Exclusively to Blooomberg Argentina's President Javier Milei says he won't touch existing trade agreements with Beijing.

(2) Federal Reserve Bank of Minneapolis President Neel Kashkari said interest-rate cuts may not be needed this year if progress on inflation stalls, especially if the economy remains robust.

(3) President Joe Biden told Israeli Prime Minister Benjamin Netanyahu that US support for his war in Gaza depends on new steps to protect civilians, a shift in position for the American leader who has faced increased pressure to take a harder line against Israel amid mounting deaths.

(4) Oil extended advances on escalating tensions in the Middle East after blowing past the $90-a-barrel threshold in the previous session.

(5) A visibly shaking Joe Lewis, the 87-year-old UK billionaire who pleaded guilty to insider trading, was spared jail time by a federal judge in New York. 

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