FT News Briefing

Walmart joins Microsoft in TikTok bid, Fed moves on inflation policy, US athletes sit out games

Walmart is partnering with Microsoft in its bid for the US operations of TikTok, and the Federal Reserve is adopting a new strategy for monetary policy that will be more tolerant of temporary increases in inflation. Plus, the FT’s Sara Germano explains how walkouts by professional US athletes are influencing the conversation about police brutality and racial injustice.  Walmart enters race for TikTok US with Microsoft partnership<a href="https://www.ft.com/content/70551adb-7a6e-47a1-a6d1-070efaa957fd" rel="noopener noreferrer" target="_blank">https://www.ft.com/content/70551adb-7a6e-47a1-a6d1-070efaa957fd</a> Fed to tolerate higher inflation in policy shift<a href="https://www.ft.com/content/e1e59faa-5005-4e1c-9d54-b1a8d4de9586" rel="noopener noreferrer" target="_blank">https://www.ft.com/content/e1e59faa-5005-4e1c-9d54-b1a8d4de9586</a> Black athletes boycott US sports leagues as protests escalate after Blake shooting<a href="https://www.ft.com/content/c7bb647a-e5fb-4644-8446-9afb69a8e363" rel="noopener noreferrer" target="_blank">https://www.ft.com/content/c7bb647a-e5fb-4644-8446-9afb69a8e363</a> Hosted on Acast. See <a href="https://acast.com/privacy" rel="noopener noreferrer" style="color:grey;" target="_blank">acast.com/privacy</a> for more information.

A rundown of the most important global business stories you need to know for the coming day, from the newsroom of the Financial Times. Available every weekday morning. Hosted on Acast. See <a href="https://acast.com/privacy" rel="noopener noreferrer" style="color:grey;" target="_blank">acast.com/privacy</a> for more information.