The former US President, Donald Trump, says federal agents carried out a search warrant at his resort in Palm Beach, Florida on Monday. No reason has been given for the search, and there's been no comment from the White House.

It comes on the same day Democrat senators passed the landmark Inflation Reduction Act - a bill they say will crack down on America's rising prices and greenhouse gas emissions.

Elsewhere, Business Matters visits Bangladesh, where citizens are living under the grip of inflation.

Throughout the programme we're joined by guests on either side of the world: Peter Morici in Washington, and Zyma Islam in Bangladesh.

Also, we get the latest as tensions continue to simmer between the US and China over Taiwan. David Woo, a Taiwanese former Wall Street trader-turned-blogger, explains why sentiment in Taiwan is not as clear cut as we might imagine; and Neil Seeman, founder of the research firm RIWI, tells us why that's a challenge for big data science to meet.

(Picture: The Mar-a-Lago resort in Florida. Credit: Getty Images.)