FT News Briefing

Biden’s $2tn infrastructure plan, Deliveroo’s IPO flop, Black Americans in finance

Wall Street touched a record high Wednesday as the White House released details of President Joe Biden’s multi trillion-dollar US stimulus plan, and the food delivery app, Deliveroo, closed down 26 per cent in its first day on the public market. Plus, the FT’s US labour and equalities correspondent, Taylor Nicole Rogers, explains why there are fewer black Americans in financial leadership positions than there were a decade ago.  Tech stocks power Wall St to record ahead of Biden stimulus speech<a href="https://www.ft.com/content/d7a93cb5-f9f1-485a-8b39-1e7a12a97790" rel="noopener noreferrer" target="_blank">https://www.ft.com/content/d7a93cb5-f9f1-485a-8b39-1e7a12a97790</a>Disaster strikes as Deliveroo becomes ‘worst IPO in London’s history’<a href="https://www.ft.com/content/bdf6ac6b-46b5-4f7a-90db-291d7fd2898d" rel="noopener noreferrer" target="_blank">https://www.ft.com/content/bdf6ac6b-46b5-4f7a-90db-291d7fd2898d</a> Share of Black employees in senior US finance roles falls despite diversity efforts<a href="https://www.ft.com/content/887d064a-bd5e-4ce6-9671-9057e12bd5c7" rel="noopener noreferrer" target="_blank">https://www.ft.com/content/887d064a-bd5e-4ce6-9671-9057e12bd5c7</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.