Hamas Chief Says Close to 'Truce', Open AI Altman Reunion Talks & Rates Crush Housing Markets

Your morning briefing, the business news you need in just 15 minutes. On today's podcast:

(1) Hamas chief Ismail Haniyeh said his group is close to reaching a "truce agreement" in talks with Qatar and Israel, rare public comments that suggest discussions over freeing some hostages held by the militant group are progressing. (2) According to a memo seen by Bloomberg, OpenAI is once again in active discussions to reunifying the company and bring back their ousted CEO Sam Altman. (3) Bank of England Governor Andrew Bailey warned the central bank may have to raise interest rates again and that food and energy costs remain an upside risk to the inflation outlook. (4) The shock that rippled through global housing markets as central banks rapidly raised interest rates last year has given way to a cold new reality: The real estate bonanza that fueled wealth for millions of people is over. (5) France is at risk of flouting the European Union's fiscal guidance while Germany and Italy are deemed not fully compliant, according to people familiar with the matter.

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