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Trump v The US Federal Reserve

Trump v The US Federal Reserve

How will President Trump get on with Kevin Warsh, who is starting out as the Chair of the Federal Reserve, America's Central Bank? Trump famously clashed with his predecessor Jerome Powell. Can the US central bank remain truly independent from the government?

Presenter: Ed Butler Producer: Josh Martin

(Photo: Kevin Warsh testifies during a Senate Banking Committee confirmation hearing at the US Capitol in Washington, DC, USA, 21 April 2026. Credit: Will Oliver/EPA/Shutterstock)

Video Game Console Wars

Video Game Console Wars

In the 1990s, the video game industry was locked in competition between gaming giants Sega and Nintendo, battling for dominance in living rooms around the world as they raced to deliver the best games on their consoles while attacking one another in advertising. This rivalry reshaped the landscape of gaming, helping it grow into the world’s biggest entertainment industry today. We hear from Sega America CEO Tom Kalinske, who took on Nintendo by targeting a more mature audience, focusing on lower prices. Central to that plan was the creation of Sonic the Hedgehog, a character designed to challenge Mario as the face of gaming. We also travel to the heart of Madrid, to the OXO video game museum to explore the legacy of the console wars and how they helped the industry level up.

Presenter/producer: Sean Allsop

If you’d like to get in touch with the team, our email address is [email protected]

How do we live with data centres?

How do we live with data centres?

Data centres are becoming and ever bigger part of our daily lives and our landscapes – great big warehouses, packed with computers, that power pretty much every digital thing we do, from using AI chatbots or filing our tax returns. They’ve popped up around the world in recent years and – whether we like it or not - more are coming. But people don’t necessarily want to live next to these places. They’re often big, faceless facilities, built close to the towns and cities they serve, and there’s a perception that they’re pushing up electricity costs and consuming precious water. So as the AI revolution rolls on, fuelling the need for ever greater digital storage capacity, how do we learn to live with data centres?

Presenter/producer: Gideon Long

If you’d like to get in touch with the team, our email address is [email protected]

(Picture: Aerial view of a large Google Data Centre in Cheshunt, Hertfordshire, UK on 30th November 2025. Credit: Richard Newstead/Getty Images)

The banker who loaned to women when no one else would

The banker who loaned to women when no one else would

Jennifer Riria grew up in a rural village in Kenya, juggled motherhood and university studies in her late teens, and ended up running one of the biggest microfinance institutions for women in Africa, which allows women to access loans for their businesses. The entrepreneur pioneered giving small loans to women at a time when they were not allowed to get finance. We hear about her story in life and in business.

If you'd like to get in touch with the team, our email address is [email protected]

Presenter: Leanna Byrne Producers: Ahmed Adan and Amber Mehmood Sound mix: Toby James

Business Daily is the home of in-depth audio journalism devoted to the world of money and work. From small startup stories to big corporate takeovers, global economic shifts to trends in technology, we look at the key figures, ideas and events shaping business.

Each episode is a 17-minute deep dive into a single topic, featuring expert analysis and the people at the heart of the story.

Recent episodes explore the weight-loss drug revolution, the growth in AI, the cost of living, why bond markets are so powerful, China's property bubble, and Gen Z's experience of the current job market.

We also feature in-depth interviews with company founders - like Jennifer Riria - and some of the world's most prominent CEOs. These include Google's Sundar Pichai, Wikipedia founder Jimmy Wales, and the CEO of Starbucks, Brian Niccol.

(Picture: Jennifer Riria.)

The US-China economic relationship

The US-China economic relationship

As US President Donald Trump travels to Beijing to meet Chinese President Xi Jinping, we look at the tensions and the relationship between the world's two biggest economies.

Presenter: Will Bain, Michelle Fleury and Rahul Tandon Producer: Gideon Long

(Photo: US President Donald Trump shakes hands with Chinese President Xi Jinping in Busan, South Korea, 30 October, 2025. Credit: Evelyn Hockstein/Reuters)

How US funding cuts are reshaping aid in Africa

How US funding cuts are reshaping aid in Africa

How has the development and aid sector in Africa adapted in the 15 months since the Trump administration started closing USAID? Have predictions of mortalities come to pass, and how can the funding gaps be filled? We hear from the people who used to be in charge of multi-billion-dollar budgets, as well as those receiving funds on the front lines of the HIV crisis in Tanzania.

Presenter: Ed Butler Producer: Josh Martin

(Picture: 29-year-old Rashida Musa tends to her sick child who was sent home from the hospital due to malnutrition following the aid cut by the United States Agency for International Development (USAID) in Tudun Gambo, Bauchi State, Nigeria, May 8, 2025. Credit: REUTERS/Sodiq Adelakun)

How lucrative licences are shaping the toy industry

How lucrative licences are shaping the toy industry

We look at the multi-billion-dollar toy industry. We ask why backing the right movie, YouTube show, or social media trend can affect your bottom line. And we hear about the challenges making products based on surprise hits, and how the humble puzzle could be the in-toy for 2026.

If you'd like to get in touch with the team, our email address is [email protected]

Presenter/producer: Elizabeth Hotson

(Picture: Figures from the "KPop Demon Hunters" toy series are on display at Mattel's booth at the New York Toy Fair in New York City, U.S., February 17, 2026. Credit: REUTERS/ Jeenah Moon)

Is Chile becoming Argentina's shopping centre?

Is Chile becoming Argentina's shopping centre?

Every year, hundreds of thousands of Argentines cross the Andes looking for bargains. With a favourable exchange rate, it can be considerably cheaper to buy well-known clothes and electronics brands in Chile. President Javier Milei's economic reforms have helped ease inflation so some people in Argentina have more money to spend. Jane Chambers has been to meet bargain hunters from Argentina and the retailers looking for their business.

(Photo: Argentine President Javier Milei reacts in the Chamber of Deputies during Chief of Staff Manuel Adorni's annual report in Buenos Aires, Argentina, 29 April 2026. Credit: Matias Martin Campaya/EPA/Shutterstock)

The baker’s daughter bringing mochi to the mainstream

The baker’s daughter bringing mochi to the mainstream

We meet the creator of a dessert business whose story starts in her parents’ bakery.

Vivien Wong tells us how she faced a family loss and eventually channelled that experience into building a company making mochi with a twist: taking a traditional Japanese rice cake and wrapping it around balls of ice cream. She shares how she turned a niche treat into a global brand, Little Moons.

If you'd like to get in touch with the team, our email address is [email protected]

Presenter: Rahul Tandon Producers: Niamh McDermott, Victoriya Holland and Jay Behrouzi

(Picture: Vivien Wong. Credit: Jack Ladenburg)

Why female led startups stall in Sub-Saharan Africa

Why female led startups stall in Sub-Saharan Africa

Sub-Saharan Africa has the highest rate of entrepreneurship in the world, according to the World Bank, and most founders there are women. Why, then, do so many of those startups fail to grow? We look at why many female entrepreneurs struggle to access investment and ask three business leaders what might change that.

If you'd like to get in touch with the team, our email address is [email protected]

Presenter: Will Bain Producer: Ahmed Adan

(Picture: Worker and partner with data analytics, charts and graphs paperwork. Credit: Getty Images)

Hired or hidden? AI’s new power in the job market

Hired or hidden? AI’s new power in the job market

Artificial Intelligence has upended the market for entry-level jobs, but could AI be blocking graduates from getting a foot on the jobs ladder altogether? In this episode, we look at the new AI arms race in recruitment.

Tech advancements have allowed graduates to apply for more jobs than ever, and hiring managers can let AI do the initial shortlisting and interviews, so why do both sides of the employment equation feel short-changed? And what can graduates do to stand out in a crowded market of thousands of applicants when an AI app is making the decision? We discuss the pros and cons of the AI hiring pipeline.

If you'd like to get in touch with the team, our email address is [email protected]

Presenter: Ed Butler Producer: Josh Martin

(Picture: Young woman sitting at a kitchen table looking at a laptop screen searching for job. Credit: Getty Images)

Why is filling your tank costing so much?

Why is filling your tank costing so much?

Getting a barrel of crude oil out of the ground in Saudi Arabia costs around $25. The market price right now is around $95. So where does that $70 go - and why has the price at the pump jumped so sharply since the war in the Middle East began?

We follow the money behind a tank of petrol: from the oil field, through the world's most dangerous shipping lane, through the commodity markets, through a refinery, and right back to you, waiting at the pump.

We hear from the former Saudi Aramco executive who oversaw production of the world's largest oilfield, one of the world's biggest tanker operators making real-time decisions about whether to sail through a war zone; the chief economist of one of the world's largest commodity traders; and an energy analyst who has been tracking the refining crisis that most commentators have missed.

What product do you want us to follow next? Get in touch with the team by sending us an email to [email protected]

Presenter: Sam Fenwick Producer: Matt Lines

(Photo: A worker pumps gasoline into a car at a petrol station in Bangkok, Thailand, on the 26th of March 2026. Credit: Rungroj Yongrit/EPA/Shutterstock)

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