ECB Cuts Interest Rates; Top News App Shows Fake News, Has Ties to China | Business Matters Full Broadcast (June 6)

One of the most downloaded news apps in the United States, named NewsBreak, appears to have ties to China, and is allegedly producing fake news using artificial intelligence. In one example, the app published a piece about a small-town shooting in Bridgeton, New Jersey, but the shooting never took place.

The European Central Bank (ECB) went ahead with its first interest rate cut since 2019 on Thursday, citing progress in tackling inflation even as it acknowledged the fight was far from over.

SpaceX’s Starship rocket survived a fiery, hypersonic return from space and achieved a breakthrough landing demonstration in the Indian Ocean on Thursday, completing a full test mission around the globe on the rocket’s fourth try.