Years of low interest rates sent investors hunting for creative ways to generate returns. One unlikely place they found was inside the song catalogues of some of the top musicians and songwriters of the last few decades. But now, as interest rates rise and the possibility of a global recession looms, the FT’s Anna Nicolaou and Kaye Wiggins explain how one of the hottest recent trends on Wall Street could soon have to face the music.  Clip from Chevrolet  - - - - - - - - - - - - - - - - - - - - - - - - - -  For further reading: How Wall Street stormed the music business Blackstone-backed song rights machine suffers growing pains Another brick in the Wall Street as Blackstone seeks Pink Floyd catalogue - - - - - - - - - - - - - - - - - - - - - - - - - -  On Twitter, follow Anna Nicolaou (@annaknicolaou), Kaye Wiggins (@kayewiggins) and Michela Tindera (@mtindera07)  Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Over the last year, Starbucks baristas across the US banded together to form unions at the stores where they work. And workers at other big name companies like Amazon have joined in to organise their own workplaces, too. But the FT’s labour and equality correspondent Taylor Nicole Rogers explains how these and other new unions around the US are running up against a classic problem in labour. Can they convince their employers to come to the bargaining table to hash out a contract?   Clips from NBC, CBS - - - - - - - - - - - - - - - - - - - - - - - - - -  For further reading: US trade unions: Inside the revival brewing at Starbucks Joe Biden secures deal to avert US rail strike  Howard Schultz vows Starbucks rebound after coffee chain ‘lost its way’ - - - - - - - - - - - - - - - - - - - - - - - - - -  On Twitter, follow Taylor Nicole Rogers (@TaylorNRogers) and Michela Tindera (@mtindera07)  Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.