Stocks Hit Record High, Trump Targets Goldman, Mega-Batteries Mega Trade

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

(1) Stocks climbed to a record as an in-line US inflation reading eased price concerns and bolstered bets on a Federal Reserve interest-rate cut in September.

(2) President Donald Trump assailed Goldman Sachs Group Inc. Chief Executive Officer David Solomon, saying the bank made a “bad prediction” about the impact of Trump’s sweeping tariff agenda on markets and consumer costs.

(3) Britain’s embattled statistics organization is facing more real-terms cuts to its core funding despite concerns that financial pressures were one of the main factors behind a crisis in the country’s economic data.

(4) Chancellor Friedrich Merz’s CDU/CSU bloc again slipped behind the far-right Alternative for Germany party in a voter poll, while the German leader’s personal approval rating sank to the lowest level since he took office three months ago (5) Three years ago, Castleton Commodities International analysts huddled in their London office to discuss how to make money from a growing phenomenon in the European power market — negative prices.

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