Your morning briefing. All the news you need to start your day.
On today's podcast:
(1) Stocks rose to a record as investors doubled down on the artificial intelligence trade that’s powered equities to all-time highs. Oil climbed as a US-Iran ceasefire deal remained elusive.
(2) The US and Iran traded messages over the weekend seeking changes to a draft agreement that would extend a ceasefire and open the Strait of Hormuz, but it was unclear whether the sides were making much progress.
(3) Europe is rushing to rearm but needs time and clarity from the US to do so, Germany’s Chief of Defense Carsten Breuer said in an interview with Bloomberg TV on the sidelines of the Shangri-La Dialogue defense conference.
(4) Andy Burnham, the Greater Manchester mayor who wants to replace Keir Starmer as UK prime minister this summer, has left open the possibility that he could call an early general election if he wins power.
(5) Congo’s Ebola outbreak is being detected across a widening swath of the country’s conflict-hit east as health authorities struggle to trace exposed contacts and determine the true scale of the epidemic.
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