business schools

The US Federal Reserve pressed ahead with its monetary tightening campaign despite the recent turmoil in the banking sector and the FT’s Andrew Jack explains why the FT updated the criteria for its MBA rankings. Plus, UK inflation was unexpectedly high last month. 

Mentioned in this podcast:

Fed presses ahead with quarter-point rate rise despite banking turmoil

FT business school rankings

Global MBA Ranking 2023: change at the top

Download the FT Edit app here: ft.com/ftedit

The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. 

Read a transcript of this episode on FT.com

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The collapse of Silicon Valley Bank is the second largest bank failure in U.S. history. Many of SVB’s clients were startups and tech investors putting hundreds of billions of dollars in assets at risk. We’ll explain some of the factors that led to SVB going under and what it has to do with “venture debt.” Plus, how a health data breach could be weaponized against Congress. Plus, a round of Half-Full/Half-Empty with a special guest host!

Here’s everything we talked about today:

• • “How Silicon Valley Bank failed” from Marketplace

• • “Health data breach hitting Congress ‘could be extraordinary’” from The Associated Press

• • “Could companies be persuaded to bring back pensions?” from Marketplace

• • Oscar viewing party ideas from Peerspace

• • “Business Schools Soften Admissions Requirements to Scoop Up Laid-Off Tech Workers” from Bloomberg

• • “Consumers’ “revenge reviews” have been rising since the pandemic” from Marketplace

It’s our March fundraiser! Help us meet our goal so we can cover our costs and plan for the future: https://support.marketplace.org/smart-sn